Painting Tips
Painting Business KPIs: The Numbers Worth Checking Every Month
A KPI is a number you check regularly because it changes what you do. Painting businesses tend to run on two figures, money in the…
Painting Tips
Painting Business Bookkeeping: What to Track and Why It Pays
Bookkeeping is the record of money moving through your painting business. Most painters treat it as an obligation to satisfy at year end, which is…
Painting Tips
Painting Business Cash Flow: Why Profitable Painters Run Out of Money
Cash flow is the timing of money in and out, and it is the reason a painting business can be profitable on paper and unable…
Painting Tips
Should You Discount Painting Jobs? What a Price Cut Actually Costs
A discount does not come out of your price. It comes out of your profit. That is the whole of the argument and everything else…
Painting Tips
Painting Labor vs Material Ratio: A Fast Sanity Check on Any Bid
The labor to material ratio is the split between what you spend on people and what you spend on product for a given painting job.…
Painting Tips
Painting Crew Day Rate: What a Day on Site Really Costs
A crew day rate is what it costs you to put a crew on a site for a day, and then what you charge for…
Painting Tips
Painting Business Break Even: The Number That Tells You If the Year Works
Your break-even point is the amount of work you have to sell before the business has covered its costs. Below it you are losing money…
Painting Tips
Painting Minimum Job Charge: Why Small Jobs Need a Floor
A minimum job charge is the least you will accept to take a painting job at all, regardless of how small it is. It exists…
Painting Tips
Painting Business Overhead and How to Recover It in Your Prices
Overhead is what your painting business costs to exist. Rent, insurance that is not tied to a crew, software, phones, advertising, accounting, licences, the office,…
Painting Tips
Painting Labor Burden: What Your Crew Actually Costs You
Labor burden is everything it costs you to employ a painter beyond the wage that lands in their bank account. Payroll taxes, workers compensation, liability…