💼Contracts through Jampro can be analyzed using different strategies to maximize cash flow.
💰Contracts with a minimum cash flow of $300 per month are preferred.
📝Do thorough cost calculations to determine the profitability of a contract before accepting it.
📊Consider the franchise fee and financing charges for accurate contract evaluation.
👥Treat yourself as an employee and factor in payroll costs when analyzing contract profitability.
What is the role of franchise fees in contract analysis?
—Franchise fees are a standard cost incurred for carrying the Jampro brand. They should be included in cost calculations when evaluating a contract's profitability.
How can I determine the cash flow of a contract?
—Calculate the total revenue minus all expenses, including franchise fees, financing charges, and payroll costs. The remaining amount is the cash flow.
Are there preferred cash flow levels for contracts?
—Contracts with cash flows of $300 or more per month are preferred for maximum profitability without the need for physical labor.
Should I consider financing options when analyzing contracts?
—Yes, financing charges can impact the overall profitability of a contract. It's important to evaluate the cash flow after considering all financing charges.
How can I ensure accurate contract evaluation?
—Do thorough cost calculations, including franchise fees, financing charges, and payroll costs. Evaluate the final cash flow to determine the profitability of the contract.
00:01Learn how to analyze contracts through Jampro and maximize cash flow.
03:14Contracts with a minimum cash flow of $300 per month are preferred.
05:52Consider franchise fees and financing charges when evaluating contract profitability.
08:26Always calculate the cash flow and consider payroll costs in contract analysis.
09:48Include all expenses, such as franchise fees and financing charges, in the cost calculations.
