Analyze completed jobs to see if you made a profit or loss
Amount invoiced to customer
Wages paid per hour
What you paid for materials
Subcontractors, permits, equipment hire, etc.
Many trade businesses are busy but not profitable. Tracking each job helps you understand which work is worth doing.
Aim for 30-40% profit margin on small jobs and 20-30% on larger projects. Lower margins are acceptable on very large jobs with predictable costs.