Solar Profitability Calculator
Description
"The Marginator" course offers a practical Excel tool designed by Keith Cronin to help solar companies accurately estimate and track project profitability. Upon enrolling, you'll gain access to this tool and receive step-by-step video training on how to use it. Keith will also be available to answer your questions as you customize the tool to suit your specific business needs. The course empowers solar companies to move away from guesswork and start making data-driven decisions about their projects' financial outcomes.
In the highly competitive solar industry, where margins are often tight, understanding profitability is crucial for success. This course emphasizes the importance of gross margin as the key metric for determining financial health. By accurately tracking materials, labor, and profits—and factoring in overhead, sales commissions, and taxes—companies can avoid making costly mistakes. The tool takes the emotion out of decision-making, helping businesses decide when to take on new work and when to turn it down for financial reasons.
Price: $225
What's Great About This Course
What's great about this tool is how it fosters a sense of ownership and collaboration within teams. When both sales and operations have a clear understanding of project timelines and costs, they can work more closely to improve outcomes. Managers can use the insights from the tool to make informed short- and long-term decisions, ensuring not just financial success but a sense of teamwork and involvement across the company. Ultimately, "The Marginator" helps businesses shift their focus from just sales volume to profitability, ensuring they keep more of what they earn.
Continuing Education Units
Certificate of completion.
