Ep 664. We Are Still Sucking at Job Costing

Attend industry events like the Landscape Intensive to network with peers and learn from experts, leveraging free tickets for first-timers.

Implement proactive winter work strategies, such as keeping machinery tracks clean and using materials like composted wood shavings to make wet job sites workable.

Utilize a fractional CFO service (like Cycle CPA) to develop precise cash flow projections and set aside funds for seasonal downturns or other financial goals.

Prioritize Revenue Per Hour (RPH) as a key metric for evaluating job profitability and operational efficiency, integrating it into your bidding and project analysis.

Address job costing deficiencies immediately; even established businesses can struggle with real-time data, but it's crucial for accurate financial insights.

Empower your team with company credit cards and accounts for small repairs, but streamline maintenance requests through dedicated channels like Slack for better oversight.

Adopt a 'no-fight' policy for equipment: if a tool or machine is unreliable and causes delays, replace it rather than spending time on constant repairs, budgeting for regular fleet turnover.