Nick: Nick’s Journey: 4% to 31% Margins & £200K Profit

For 14 years, Nick ran a successful business, but he always felt something was missing. Despite the hard work and effort he put in, he didn’t feel like he was growing in the right way. His turnover had hit £600,000, but he knew that wasn’t enough to secure the future he wanted. In December, Nick joined Trade Mastermind with a clear goal in mind: to scale his business in the right direction, not just grow for growth’s sake.

What followed was nothing short of a transformation. The difference Trade Mastermind made to Nick’s business was instant and profound. Within months, Nick saw his profit margins shoot up from a modest 4% to an impressive 31%, which equates to an extra £24,000 in net profit every year. This was a game-changer for Nick, who admits that before joining, he would have probably been better off working for British Gas due to the stress of not seeing the results he wanted.

But the changes didn’t stop there. As a result of the strategies and financial discipline he learned through the program, Nick is now projecting a turnover of £600,000 to £700,000 for the current year, along with a profit of £200,000. That’s a 10x increase in profitability from where he started.

One of the most significant shifts in Nick’s business was how he approached work and staff management. Previously, he was chasing clients and struggling to get his team to work effectively. Now, he’s focused on creating opportunities for his staff, not just putting out fires. Nick is even nearing the point where he’ll be able to step away from the tools almost entirely, with only occasional Gas Safe checks to keep him involved in the technical side.

For anyone wondering if Trade Mastermind is worth it, Nick doesn’t hesitate: “I recommend Trade Mastermind to anybody. It gives you that solid foundation and financial approach to help focus on the right things. It’s exactly what any trade business needs to succeed.” Nick’s success story is proof that with the right support, any trade business can thrive no matter the challenges it faces.

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