We thought you’d like to see what our Remodelers AutoPilot clients are sending this month. Hopefully, this sparks some ideas on how you can reach out to your previous clients and/or helps you see the value of Remodelers AutoPilot (which you can try for $1)
We decided with everything going on this month, to give a few options to choose from:
1. Our standard email newsletter design and format.
2. Still Able to Complete Work Email – Simplified Format
3. Focus on Smaller Projects and Handyman Work – Still Able to Complete Work – Simplified Format
We had many folks try the shorter one, a long-time Remodelers AutoPilot client, Nancy Benson with Bencar Building Systems said:
12 responses so far today. A couple looking for work to be done; some followed up on proposals sent.
Hope this is helpful to see! If you’d like to give Remodelers AutoPilot a try for $1 – sign-up here.
I was going through a Profit & Loss Statement with one of my clients.
[The image is a photo from the actual coaching call with Rick & Patty! Wanted this post to be as authentic as possible…]
Me: “Rick, you guys have been doing a lot of team meetings where you bring breakfast in and do training this year, right?”
Rick: “Yup! Just like you’ve been telling us to, coach!” [I added that last part – he really just said, ‘Yup!’]
Me: “Why am I not seeing hardly any expenses under this ‘Training/Employee Meetings’ line?”
Rick: “Oh, we’ve been putting all the food/drinks from those meetings under ‘Meals & Entertainment’”
We went on to discuss this:
Let’s say you spent $2000 on the food/drinks/etc. for those meetings.
Under ‘Meals & Entertainment’ – that $2000 is cut 50% – so now you have $1000 expense to deduct from your total revenue.
If it’s under ’Training/Employee Meetings’ you can deduct the full $2000 expense from your total revenue.
At a 25% tax rate – that’s an additional $250 of tax savings simply by correctly categorizing!
Note: There are some rules related to this – you need to invite all of your employees to the meeting, etc. (check with your CPA!) – BUT it’s a common little tax savings that I often see remodelers missing.
QUESTION: What are other (legitimate) little tax savings that your fellow remodelers should keep an eye out for?
I have been working on something new and exclusive for the Remodelers Community (this is a free private Facebook group for remodelers – you can join it here!) – the Remodelers Community Vault!
One of the wonderful things about Remodelers Community is that everyone is so willing to help each other and share their resources, templates, checklists, etc.
We are creating a bank (at no cost / free of charge!) of these resources so they’re easy to access for the members of the group. We’ve started by adding in resources I’ve created but we want to fill this thing to the brim with tools created by remodelers for remodelers.
It’s a free, private Facebook group that I run with over 700 incredible remodelers who are willing to offer advice, encouragement, and resources to their fellow remodelers.
We are currently collecting resources and will be launching Remodelers Vault on February 12th!
P.S. Have you created a template/checklist that you think would be helpful to your fellow remodelers? We want to hear about it!
If you have a tool to help with the sales process, marketing, financials, work/life balance, managing your team, estimating/design, etc. that you’d be willing to share – please take a minute and submit it here.