Episode Details

Most tradies work hard, send the invoice and move on. But do you actually know if that job made you money? Like really know?

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Hear from tradies who’ve done it, and learn what it really takes to grow a successful trade business. https://www.upscalecoaching.com.au/success-stories/

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In this episode, UpScale Accounting Coaches Erina and Lucy sit down to walk you through one of the most valuable tools the UpScale team has built — the Back Costing Calculator. And the best part? It is completely free and available in the show notes.

Back costing is simply the process of looking at a completed job and asking: what did I charge, what did it actually cost me, how long did it take, and did I actually make money? It sounds simple but you would be surprised how many trade business owners skip this step entirely — and it is costing them thousands.

Erina and Lucy break down exactly how the tool works, step by step, including:

How to work out your true breakeven rate per hour per personHow to apply that to individual jobs and see your real marginsWhy your most common jobs should be the first ones you back costHow your team's efficiency directly impacts your profitability (the Johnny vs Steve example is gold 🔥)How to use the true labor rate feature to uncover what you are actually charging per hour on each jobWhy this should be reviewed at least quarterly — especially with costs rising the way they are right now

Whether you have an admin team to help you or you are running it all yourself, this episode gives you a clear and practical way to finally understand what is happening inside your numbers — without needing an accounting degree to do it.

As Lucy puts it — you don't need to be a management accountant. You just need to be willing to look. 👀

📥 Download the FREE Back Costing Calculator in the show notes and start your back costing journey today.

🎙️ Hosted by Erina and Lucy from the UpScale Accounting Coaching team.

Connect with Erina on Instagram: @erinaroxxhttps://www.instagram.com/erinaroxx/

🏃 BIG NEWS — This year the UpScale team are lacing up for the Gold Coast Marathon to raise funds for TIACS, supporting the mental health of tradies and blue collar workers across Australia. Come cheer us on or show your supp