Out of the Hourglass

In this episode, Kathryn Freeman and Colin Nolan break down the financial number most trades business owners overlook: net profit. They untangle the differences between gross profit, operating profit, EBITDA, and net profit, and share industry benchmarks for roofing, landscaping, and heavy equipment operations. Kathryn and Colin also dig into how owners can use net profit to fund growth, when a bonus or profit-sharing program actually makes sense, and why "no margin, no mission" should guide every profit decision. 

Creators and Guests

Host
Molly Nolan
Marketing & Program Manager at Nolan Consulting Group, a Coaching & Consulting firm focused on the Trades Industry.

What is Out of the Hourglass?

Out of the Hourglass, presented by Nolan Consulting Group, is here to help Small Business Owners and Contractors alike visualize their goals, develop their team & build sustainable growth. You'll hear from our panel of NCG Coaches on a variety of topics, guest speakers from top industry resources, Business Owners sharing best practices and a focus on strategies across sales, marketing, business planning, human resources and more. We're here to take you "out of the hourglass" and reach YOUR Summit.