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Trade Secrets - Why £1 Million Turnover Is the Minimum Requirement

Author
Trade Mastermind
Published
Sun 31 Jul 2022
Episode Link
https://scaleup.podbean.com/e/trade-secrets-why-1-million-turnover-is-the-minimum-requirement/

£1 Million Turnover Is the Minimum Requirement


JV breaks down the importance of why hitting 7 figures or 1 Million a year in revenue is not an aspiration, but a minimum requirement. If you ever want the business to make money, without you having to work multiple roles within the business. Based on the average margin across the construction industry, you need this level of sales to be able to have the right people, systems & processes, to make enough profit to pay everyone & still make a net profit.


 


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