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How Do You Pay Commissions Without Stuffing Your Margins? - Ep 317

How Do You Pay Commissions Without Stuffing Your Margins? - Ep 317

Episode 317 Published 7 months ago
Description

Pricing is one of the biggest challenges for trade business owners. Many tradies want to reward their team and create incentives through commissions, but the big question is how to do it without cutting into your profit.


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In this episode, our accountant coaches Larry and Lucy dive into the topic of pricing and explain how commissions can work in a trade business without stuffing your margins. They break down the financial thinking behind pricing, how to structure commissions properly, and why many businesses get this wrong.

Larry and Lucy also talk about the common mistakes tradies make when setting prices and why understanding your numbers is essential if you want to grow a profitable business. If you want to motivate your team, win more work, and still protect your margins, this conversation will help you understand how to structure things the right way.

This episode is packed with practical insights for trade business owners who want to run a more profitable business while creating incentives that actually work.

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