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Getting to grips with gross profit in a trades business

Straight off the bat, I want to put a real stake in the ground and say a trades business should always work on a gross profit basis, not net profit....

Dan

CEO

2 mins Product

10 ways FergusPay will transform your cash flow

Credit card payments are a smart Tradie’s most effective cash flow tool. They’re the most effective way to get paid faster and keep your customers happy....

Katherine

Content Producer

2 mins Product

Automatic SMS Schedule Reminders

A courtesy call to remind your customers what time you’ll arrive at their front door can be one of the first tasks to go out the window on a busy morning....

Katherine

Content Producer

2 mins tradie tips

Smart invoicing tips for smart Tradies

Think about this for a second: All the effort trade business owners put into their work, training staff, buying stock and so on basically counts for nothing until the moment you sit down to create an invoice....

Katherine

Content Producer

3 mins tradie tips

The 5 Tech Tools the Modern Tradie Needs

Whether you’ve got a team of 5 or 50, organising a trade business ain’t easy. If you’re knee deep in mud or sweating in a roof full of insulation all day the last thing you want to do is come home and bust buttons on a calculator....

Robbie

Digital Marketing Specialist

2 mins customer stories

How to start a successful plumbing business

It’s not work, it’s a lifestyle. That’s according to plumber and business owner Andrew Smith. He’s two years on from setting up his first business - Watersmith Plumbing and Gas - based in Lower Hutt, New Zealand, and he hasn’t looked back....

Katherine

Content Producer

2 mins product

Mobile Invoicing Update

We know 28 day payment terms are the norm for a lot of trade businesses out there. We get it, the monthly payment cycle is pretty standard for everyone to get paid what they’re owed and pay what they owe....

Katherine

Content Producer

2 mins product

Plumbing World Integration

As any Tradie knows, keeping track of invoices and credits from your suppliers, and matching them to the right job, can be a nightmare....

Amy

Marketing Operations

2 mins product

Fergus Pay Update

We’ve said it before - offering credit card payments means you’re going to get paid fast. Really fast. In fact, you’ll get paid four times as fast compared with not offering your customers the option of paying by credit card*....

Amy

Marketing Operations

3 mins tradie tips

Effective tips on managing plumbing and electrical material costs

Managing materials is always one of the most difficult areas for a plumbing or electrical business to get a handle on. Your tradespeople are moving materials from van to van, unused stock is lying around waiting to be returned, and there’s always the odd item that goes missing....

Katherine

Content Producer

4 mins tradie tips

Building up to business owner burnout?

Tradies are known for working hard, long hours. Especially trade business owners, who find themselves working on the tools all day and catching up on quotes, invoices, and paperwork at night....

Katherine

Content Producer

3 mins tradie tips

8 Things Trade Business Owners Should Do Before The EOFY

In the days around the end of financial year it can be difficult for trades business owners to keep track of what they’ve done, what still needs to be done, and what changes to make for the new financial year....

Katherine

Content Producer

3 mins tradie tips

Nail Cashflow

Let’s start with a familiar story… Mark the plumber is stoked at how plump his bank account is looking. He’s had a busy month, his team has ticked off a record number of jobs, and the invoices are coming in fast....

Katherine

Content Producer

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