Home | Industry Information | Business News | Browse by Publication | E | Electrical Contracting Products

It's Billing Time.(Contractor Corner)

Publication: Electrical Contracting Products
Publication Date: 01-APR-08
Format: Online
Delivery: Immediate Online Access

Article Excerpt
It's Billing Time

By Tom Grandy

A technician's nonbillable time costs you more money than you may realize.

Here is something you may or may not know: Nonbillable time is the single highest cost of doing business in your entire service department. The typical service tech is only...

View more below

Read this article now - Try Goliath Business News - FREE!   
You can view this article PLUS...

  • Over 5 million business articles
  • Hundreds of the most trusted magazines, newswires, and journals (see list)
  • Premium business information that is timely and relevant
  • Unlimited Access

Now for a Limited Time, try Goliath Business News - Free for 7 Days!
Tell Me More   Terms and Conditions

Purchase this article for $4.95

Already a subscriber? Log in to view full article

...able to "average" billing out about half their time each day. This means that when you look at the entire techs' year they "average" billing out about 4 hours a day.

I'll explain why:

Vacation. Let's assume the tech gets two weeks of paid vacation a year,which comes to 80 hours a year, or 3.8 percent of their total time (80 hours divided by 2,080 hours...

NOTE: All illustrations and photos have been removed from this article.



More articles from Electrical Contracting Products
Who Wants to Play The Recession Game?(Editorial), April 01, 2008

Looking for additional articles?
Search our database of over 3 million articles.

Looking for more in-depth information on this industry?
Search our complete database of Industry & Market reports by text, subject, publication name or publication date.

About Goliath
Whether you're looking for sales prospects, competitive information, company analysis or best practices in managing your organization, Goliath can help you meet your business needs.

Our extensive business information databases empower business professionals with both the breadth and depth of credible, authoritative information they need to support their business goals. Whether it be strategic planning, sales prospecting, company research or defining management best practices - Goliath is your leading source for accurate information.