What you’ll learn:
- how to quote jobs accurately.
- how to write and send invoices to get paid on time.
- how to set your hourly rate and price jobs to meet financial goals.
- how to manage your cash flow and create a cash flow forecast.
Topics to help you
Watch these short videos and use the templates to improve your business processes.
Preparing a quote is about more than just the price tag. Learn what you need to do, including adding any materials, labour, time, and any extras. It’s important to get them right – for you and your client.
Invoicing is a crucial part of running any business. Doing it right can allow you to have enough money for important things, like paying yourself and covering business costs. Learn about what you need to prepare an invoice and what to do if you don’t get paid on time.
Setting the right price is key for a successful business. Learn how to work out your yearly financial goal, set your markup and calculate your hourly rate. This will help you pay your bills, yourself and make a profit.
Understanding how to manage and predict your cash flow can help you to plan for future growth, avoid financial troubles and handle unexpected situations. Learn about what you’ll need to manage your cash flow and how to create a cash flow forecast.
Sometimes when you are doing a job as a tradie, the scope of the work can change – knowing how to manage this can help you save time and money. Learn about what a variation to a contract is and what you should do to help prevent disputes between you and your client.