The Trusted Tax & Accounting Advisor For Your Business
Hey Tradespeople!
Did You Know There Are 7 Financial Mistakes That Could Put Your Contracting Company Out Of Business?
And Making Just ONE Of These Mistakes Could Kill Your Cash Flow & End Your Business for Good...
Jackie Humphrey, EA
Small Business
Accounting & Tax Advisor
From The Desk Of
Jackie Humphrey, EA
Hermann, MO
Dear Contractors,
Would you agree that running a plumbing business has become increasingly tough in recent years?
I’m sure you’ve felt the pressure…
On top of unforeseen project complications, you have to deal with high overhead costs that can throw your budget completely off track…
Not to mention ever-increasing material costs that make it hard to know if you’ll make a profit on your jobs.
As an IRS Enrolled Agent who specializes in helping plumbing business owners increase profits and reduce taxes…
I understand the challenges you face when running your business.
The truth is, one of the biggest obstacles to financial success in your business is cash flow…
The worst part is that many plumbing contractors are unknowingly burning cash in various areas, such as overpaying taxes or spending too much on labor.
In fact, I've discovered that there are 7 financial mistakes that plumbing companies make when running their businesses.
The problem I run into all the time is that most of the plumbers I talk to don't have any idea that they have one (or more) of these business-killing problems...
That’s why I wrote my latest book…and although originally written for plumbers, it actually applies to all tradespeople and contractors.
7 Financial Mistakes That Put
Plumbing Companies Out Of Business
(P.S. It's not just for plumbers...any small business, especially contractors, can use this information!)
Download Your Free Copy Of My eBook
To See If Your Business Is At Risk Today
Here's what you'll discover inside:
Use financial reports to analyze which plumbing services (like emergency repairs or installations) generate the most revenue, and refine pricing strategies to boost overall profitability.
Strategically plan your plumbing company’s financial future by setting aside contingency funds and adopting cost-saving measures to protect the business during economic downturns or slower seasons.
Tackle financial challenges like high overhead and equipment financing by implementing cost-saving measures and negotiating more favorable supplier contracts for materials and tools.
Create a comprehensive budgeting system that accounts for variable costs (like emergency supplies), seasonal fluctuations in demand, and investment opportunities to ensure financial stability and growth for your plumbing business.
Implement efficient billing and payment systems to reduce late payments and improve cash flow, while maintaining strong relationships with clients through clear and consistent communication.
Analyze your plumbing company’s financial health to find ways to increase wages and benefits for your team without cutting into profitability, ensuring both employee satisfaction and business sustainability.
Identify and reduce unnecessary expenses, such as renegotiating lease agreements on equipment or office space, and streamlining operational processes to enhance overall cost-efficiency.
Use technology to automate administrative tasks, improve scheduling and tracking, and enhance the customer experience, all while boosting your plumbing company’s profitability and efficiency.
Now Is The Time To Take Control Of Your Finances
...And Your Future!
Download Your Free Copy Of My eBook Today...
7 Financial Mistakes That Put
Plumbing Companies Out Of Business
I want to make sure you download your free copy of this book because it will show you 7 common mistakes contractors make that tank their business.
So just click on the blue button above, enter your name and email address, and you'll get the pdf copy of the ebook in your inbox within minutes.
Talk soon,
Jackie Humphrey, EA
The Trusted Tax & Accounting
Advisor For Your Plumbing Business
Hey Plumbers!
Did You Know There Are 7 Income Tax Reduction Strategies That Most Plumbing Business Owners Miss Out On?
And Implementing Just ONE Of These Strategies Can Significantly Reduce Your Tax Bill, Increase Profits & Fast Track Your Path To Retirement...
Jackie Humphrey, EA
Plumbing Company
Accounting & Tax Advisor
From The Desk Of
Jackie Humphrey, EA
Hermann, MO
Dear Plumbers,
Would you agree that running a plumbing business has become increasingly tough in recent years?
I’m sure you’ve felt the pressure…
On top of unpredictable market conditions, you have to deal with unexpected delays that can throw your budget completely off track…
Not to mention ever-increasing material costs that make it hard to know if you’ll make a profit on your jobs.
As an IRS Enrolled Agent who specializes in helping plumbing business owners increase profits and reduce taxes…
I understand the challenges you face when running your business.
The truth is, your income tax bill is the biggest challenge you face to achieving financial success for your business.
That’s because as a plumber or plumbing business owner, federal and state income taxes are the single biggest expense you have.
The problem is that most plumbers are unaware that they can legally and ethically reduce their income taxes by up to 50%.
That's why I decided to write my latest book...
7 Legal Tax Loopholes For Plumbing Business Owners
Download Your Free Copy Of My eBook To See If You're Missing Out On One Of These Tax Reduction Strategies
Here's what you'll
discover inside:
- How to determine if your plumbing business is operating in the most tax-efficient entity structure (the wrong structure could be costing you an extra $10,000 - $100,000 per year).
- Strategies to select the entity that’s most beneficial for your plumbing business's unique ownership structure, ensuring maximum tax deductions and credits (you could be leaving thousands of dollars on the table annually).
- How your plumbing business can pay each of your children up to $12,000 per year tax-free under the new income tax law.
- Tax strategies to effectively lower your plumbing business's taxable income, all while motivating your workers and reducing employee turnover.
- Retirement planning methods tailored for plumbing business owners to decrease your taxable income by up to $100,000 (or even more) every year.
- How to design and execute a plan that speeds up your retirement timeline and considerably lowers your plumbing business's taxable income annually.
- Ways to transform your family trips into tax-deductible business expenses for your plumbing business.
- How to convert taxable business income to tax-free personal income by renting your home to your plumbing business for strategic meetings.
- How to ensure all your personal medical, dental, and vision expenses are tax deductible by employing your spouse in your plumbing business.
- Strategies to save a significant sum in Social Security and Medicare taxes yearly by fine-tuning your plumbing business's entity structure.
- And much, much more!
Now Is The Time To Take Control Of Your Finances and Your Future!
Download Your Free Copy
Of My eBook Today...
7 Legal Tax Loopholes For Plumbing Business Owners
So just click on the blue button above, enter your name and email address, and you'll get the pdf copy of the ebook in your inbox within minutes.
Talk soon,
Jackie Humphrey, EA
Humphrey Bookkeeping LLC
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