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Buy or Lease Your Next Truck or Boat? The Real Cost of Each, With a Worked Example
Equipment financing vs leasing comes down to ownership. Financing means you borrow to buy and own the equipment, but leasing means you pay to use it. Financing builds ownership and can allow faster tax deductions, while leasing usually needs less cash up front. This is general information, not tax advice. First, this guide explains how […]
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How to Price Jobs for Profit: Break-Even and Margin for Service Businesses
To price jobs for profit, start with what each job costs you directly, add a share of your fixed overhead, and then add the profit you want. A price below your break-even covers the work but not the business. So this guide shows the formulas, a worked example, and a test to run on every […]
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Florida Sales Tax and Home Services Contractors: What Owners Get Wrong
Florida sales tax for contractors depends on the type of job. On a real property job, a contractor usually pays tax on the materials but does not charge the customer. Installing tangible personal property is different, however. There, the Florida Department of Revenue says to charge tax on the total charge. This is general information, […]
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