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Posted
The target conversion rate, in itself, doesn't mean a lot.

 

It can be measured by percentage of quote values, or more sensibly, percentage of estimated profit.

 

On this basis I would rather miss out on the 'marginal' stuff or the 'hassle' jobs.

 

It also depends on the amount of work you have on. If you are chokker-block then why try to get the crudworthy jobs?

 

It's been said on here before, profit is a measure of success, turnover is just how hard youve been working.

 

Ma valise est restee.

 

 

Loads of profit then loads of tax 😕

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Posted
The target conversion rate, in itself, doesn't mean a lot.

.

 

True, but it is very simple to calculate... and if you are getting 90% of the work you quote for it might make you rethink your pricing. Assuming you have enough work that is...

Posted

Ma valise est restee.

 

I'd stay away from google translate, it's just produces bad Arabic (charabia)

It doesn't translate at all although I know what your saying.:confused1:

"J'ai dit mon derniere mot"

Would be correct.:thumbup1:

I make these literal translations every day and it is a wonder I've got as far as I have here.

My wife and associates are used to my bad French:001_rolleyes:

Ty

Posted
I'd stay away from google translate, it's just produces bad Arabic (charabia)

 

It doesn't translate at all although I know what your saying.:confused1:

 

"J'ai dit mon derniere mot"

 

Would be correct.:thumbup1:

 

I make these literal translations every day and it is a wonder I've got as far as I have here.

 

My wife and associates are used to my bad French:001_rolleyes:

 

Ty

 

 

I'm guessing the original phrase was "i rest my case" :biggrin:

Posted

I remember a few years back we were getting about 70% of quotes. As the business has changed and we do more commercial work i reckon we get a better percentage of quote uptake but look at less jobs, although they are usually bigger jobs which is better

 

 

Sent from my iPhone using Arbtalk

Posted
Loads of profit then loads of tax 😕

 

I well never understand people who think like this :confused1:

 

Tax is a % of your profit, so if your Ltd and you clear £50k you pay 20% Tax or £10k, so you keep £40K, but YOU don't want the £40k because of the £10k tax :confused1:

Posted
I well never understand people who think like this :confused1:

 

 

 

Tax is a % of your profit, so if your Ltd and you clear £50k you pay 20% Tax or £10k, so you keep £40K, but YOU don't want the £40k because of the £10k tax :confused1:

 

 

A big tax bill should be classed as a good thing really.

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