I can’t afford that!

“I can’t afford that!” That’s too expensive!!! I recently had someone tell me they couldn’t afford $250 a month.
A little bit about this company: The Company is T&M.

  • This company has 5 trucks on the road.
  • Average call is $150. Not new installs. When they sale a new HVAC unit or Electrical service it’s more.

So the company does the math with me and says.

  1. 5 iPads = $2500 – First Year one-time expense –(This could be reduced to half but I want numbers to be high for this example)
  2. Data service yearly = $600  
  3. CS2 Monthly for two trades $250 - $3000 a year

CS2 Investment 
First year’s investment - $6100
Average monthly for 5 technicians is $508 the first year.
Average monthly for 5 technicians is $300 thereafter.

Before Flat Rate
Company A is doing on average $500 $600 per truck per day.
Weekly revenue is $12500 - $15000.
Using a good flat rate system, a little training, the average service call will at a very minimum double. It’s always more but I will be conservative.

So once the system is in place the company numbers will look like this:
After CS2
Company A is doing on average $1000 $1200 per truck per day.
Weekly revenue is $25000 - $30000.
So there’s the rub! Your perspective of the beach ball will be the same until you move in a different direction.
Investing $6100 a year to get a return of $150,000 to $180,000. Hmmmmmmm

Most of the members here know this already because they live it. Today’s lesson applies more to CS2 and that is why I'm writing about it. It applies to all aspects of life and I will speak more of the compound effect in this weeks emails.

By for now.
To your success ~ James Brush

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What your fellow electricians say about ES2.

I have been using the system for nearly four years now. To call this anything less than essential would be doing a disservice to what it has done for me. The amount of time it saves me from office paperwork is priceless. I no longer need to come home after a long day and type up handwritten notes into spreadsheet and mail out an invoice or quote. Everything is done onsite. My customers receive quotes nearly instantaneously, and I'm no longer trying to estimate on the fly. The team at ES2 is very attentive and constantly striving to help advance my business as a whole. I'm glad I can count of them being in my corner when I need them.

Mike Showalter
Parkside Electric
Elburn, Illinois

New member here. I went into business in 89 and have been flat rating for about 15 years. I was trying to find one program to get rid of 6 that I was using.I found it! There is so much great information in the forum, and the contributions by everyone is nothing like I've ever seen. Tight group in here. The forums are worth the monthly fee alone.

Steve
Electrical Solutions