Are You Really Profiting? Clearing Up Gross vs. Net Confusion- MDL episode 323

In this episode of the Million Dollar Landscaper Podcast, host Scott Molchan takes on a critical topic for landscapers: understanding the difference between gross and net profit. Scott shares a recent conversation with a landscaper who was working long hours and struggling to make $60,000 a year. The landscaper had heard others in the industry talk about charging 30-50% profit and wondered if they were doing something wrong. Scott clears up the confusion by explaining the key differences between gross and net profit—and why aiming for 15-20% net profit is a healthy and realistic goal. In this episode, Scott breaks down how to calculate both gross and net profit and explains why many landscapers are likely quoting gross profit numbers, not net. He also warns listeners about the dangers of taking advice from others who may not know their own numbers, especially when it comes to what’s being said online. If you’ve ever felt unsure about your pricing or wondered if you’re leaving money on the table, this episode is packed with practical advice to help you better understand your numbers and charge with confidence. 📒 Show Notes 📒 Our mission here at Million Dollar Landscaper is to help you grow a profitable landscaping business.  Here are the ways to work with us here at Million Dollar Landscaper: ⚡️PODCAST: Listen to the podcast https://www.milliondollarlandscaper.com/podcast ⚡️PROGRAMS: Learn about our online courses at: https://www.milliondollarlandscaper.com/workwithus ⚡️YOUTUBE: Check out our videos at https://www.youtube.com/c/MillionDollarLandscaper Connect with Scott Molchan on Social Media: Facebook: https://www.facebook.com/milliondollarlandscaper Instagram: https://www.instagram.com/milliondollarlandscaper/ We would really appreciate it if you would leave us a review at: https://podcasts.apple.com/us/podcast/million-dollar-landscaper-podcast/id1367445237 TOOLS AND APPS WE RECOMMEND -Cycle CPA: Accounting Services For The Green Industry & Service-Based Businesses, Bringing a business mind to accounting. https://t2m.io/H4hkcEg -Green Frog Web Design: Green Frog understands the struggle of finding a dependable website designer as a lawn and landscape company. Their aim is to demystify web design and foster trust to help your business grow. http://mdl.coach/greenfrog This video is sponsored. Some links are affiliate links which means if you buy something, we'll receive a small commission. #milliondollarlandscaper #scottmolchan #landscaping #landscapingbusiness #growyourbusiness #doitdirty #milliondollaracademy  #startinglandscapingbusiness2024 #landscapingsystems  #growyourlandscapingbusiness #moreprofit #lessstress #milliondollarlandscapepodcast #profitsup #profitsupestimating #profitsupinnercircle #landscapingbusiness #landscapecontractor Disclaimer: Please see the link for our disclaimer policy for our videos and podcasts on the Million Dollar Landscaper Podcast and YouTube channels. https://www.milliondollarlandscaper.com/disclaimer   #LandscapingBusiness #ProfitMargins #BusinessNumbers #GrossVsNet #PricingStrategy #LandscaperSuccess #SmallBusinessGrowth #MillionDollarLandscaper #BusinessTips