Nexstar Money Masters
 

I'll be at the next Money Masters at the Eaglewood Resort near Chicago on April 15. 

I'm looking forward to seeing you all there.

I am especially looking forward to learning how ABC Plumbing Heating & Cooling does things right.  We can all learn from a quality operation.

Mike Conroy

PS. You can make your discounted guest golf reservations by calling 630-694-5901.

Customized Taxes and Benefits
For most Field Employees, taxes and benefits are based on the same calculations.  So, we simply enter the details on the Info form, and then go to the Tech form and click on the Use Defaults button.  This automatically calculates the default values, and you're done.

On the other hand, there are employees who are different. 

Some employees or benefits just don't fit the mold. For these employees, you need to enter the specific details that fit their situation.  Let's look at a situation in which you pay different amounts for hospitalization for different employees.

Typically a company will pay a certain amount for single coverage and a different amount for family coverage.  Entering the correct amount for each employee is simple.

Click on the Hospitalization button and fill in the amount you pay for that employee.  Click OK and Numbers Cruncher will calculate the cost per productive hour for that employee. 

This change will ripple through all of the values throughout Numbers Cruncher and will be automatically reflected in your breakeven cost.  You can make this type of change for any or all of your employees as needed.

This flexibility shows the power and ease of use of Numbers Cruncher.  You work with the simplest part of the process, and the totals are calculated for you.  There is no guesswork about what your total costs are.  No basing your numbers on average employee costs that you have to calculate yourself.  Numbers Cruncher does it all for you.

It's easy to calculate your own Profitable Prices without the cost of on-site consulting. Remember that Nexstar Members receive special pricing on Numbers Cruncher and all NSPG software products. 

Measure Monthly, Adjust Quarterly
 & Achieve Annual Profit Goals

Call us at 800-841-8542 to schedule a Numbers Cruncher Review so you can be sure that you are making the profits you need every day.      

If the Bottom Line is important to you, here's an interesting number to think about.

$498,750,000.00

That's almost five hundred million dollars.  What could a number of that size possibly have to do with NSPG Flat Rate?  It translates into about 1,425,000 service calls in 2004 with NSPG Flat Rate!

As I was flying to Texas for a seminar earlier this year, I got to thinking about how the number of successful NSPG Price Guide users has grown over the past dozen years.  It occurred to me that this profitable group must have some interesting sales numbers to talk about.

So I did some Numbers Crunching of my own.  Based on the average selling price and the number of printed Price Guide's in the field, I arrived at a conservative estimate of total sales made in 2004.  Roughly a half a billion dollars in sales generated by companies using our Flat Rate in just one year!

I was blown away by the figure.  It's truly amazing the impact each successful Service Business owner has on the industry.

With the shortage of technical service professionals only getting worse, the best plan is to build a profitable company that is able to offer more to attract quality people. This can only happen if you plan to offer more benefits, salary and profit sharing when implementing your Price Books.

Now, I often hear remarks like "Flat Rate won't work for me" by people thinking about making the switch from T&M.  They have all types of excuses why it won't work for their type of business, their market, their employees.  Well, there's a lot of money being made by successful companies using NSPG Flat Rate today.  And whether you're in the USA, Canada, Australia, or anywhere else that businesses use NSPG Flat Rate, you can be more successful with the right system.

If you currently use NSPG Flat Rate, be sure that you review your numbers to confirm that your prices are right.  Also review the way your books look.  A high quality, laser printed, color book is a much more effective sales tool than a dog eared, torn one.  The cost to print a new book is small compared to the sales it can generate.

Now you have almost half a billion reasons to take a look at how you're running your business.  And remember, we're here to help.

Take some time and get it done today!

The Next Money Masters™ will be at the Eaglewood Resort & Spa near Chicago on April 15 & 16, 2005

Could you leave your $4½ million in sales operation for a week or two and know it would run itself while you were away? You can see how the owners of ABC can confidently leave without worry.

ABC Plumbing, Heating & Cooling is one of the smoothest running service providers you’ll ever see. It’s due in part because of the systems and procedures they have in place and the quality of people they’ve hired.

Registration deadline: April 1, 2005

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