Free resource
Electrical Contractor Profitability Checklist
Ten areas to review before you change a price, add a van or hire another electrician — written for owners who already have work on the books.
Who it is for
Owners running real work.
This checklist is written for electrical contractors between roughly one and fifteen field employees — service shops, residential remodel companies and small commercial crews where the owner still touches pricing, payroll and scheduling.
It assumes you are busy. The question it answers is not "how do I get more work", it is "does the work I already sell actually make money, and where is it leaking".
What it helps you diagnose
- Prices set from habit or a competitor instead of your own costs
- Overhead that never gets recovered in a billable hour
- Jobs that looked profitable on the estimate and were not
- A revenue floor nobody in the company can state
- Cash that disappears into receivables and unbilled work
- Paid field hours that never reach an invoice
- Callbacks absorbed as a cost of doing business
- Hiring and van decisions made on feel rather than backlog
What's included
Ten review areas, one question each.
A preview of the checklist. Each area includes the question to answer, what a weak answer usually indicates, and where to go next.
01
Labor rate
Is your billable hourly rate built from wages, burden, overhead and target profit?
Run the numbers02
Overhead
Do you know your annual overhead and what it costs you per billable hour?
Run the numbers03
Margin
Are you pricing on gross margin rather than a markup you inherited years ago?
Run the numbers04
Job costing
Do you compare estimated versus actual labor and material on completed jobs?
Run the numbers05
Break-even
Do you know the revenue floor your company must clear each month?
Run the numbers06
Cash flow
Can you see next month's cash position before payroll forces the question?
07
Accounts receivable
Is anything over 30 days old, and does someone own collections by name?
08
Labor utilization
What share of paid field hours actually reaches an invoice?
Run the numbers09
Callbacks
Are callbacks measured, costed and traced back to a cause?
10
Capacity
Does your backlog justify the next hire or the next service van?
Run the numbers
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You don't have to wait for the checklist.
Every calculation the checklist asks about already has a free tool on this site.
Want the checklist worked through with you?
Contractor Core turns the same review areas into a guided assessment across financial health, operations, sales, marketing and employees — with a 90-day roadmap.