From Busy To Profitable In The Screen Printing Business | Blue Grimes from Out of The Blue Printing

<div>How do you take your shop from "busy" to truly profitable? We talk to Blue Grimes from Out Of The Blue Printing in Denver, Colorado. Their team aimed for a 20% profit margin – and met it. This episode covers everything from hiring an operations manager (6:20) to breaking down your gross margin so you can calculate your pricing (16:20).</div> <div>00:00 Introduction<br> 02:00 Changes in 2020<br> 04:40 Monday morning meetings?<br> 06:20 Hiring an operations manager<br> 09:40 Making cuts to grow the business<br> 11:30 How they price for 20% profit<br> 12:50 How they built their price sheets<br> 16:20 Understanding gross margin<br> 17:53 How much a screen print shop can actually work<br> 18:50 Did customers hate higher prices?<br> 21:30 From operator to owner<br> 23:33 Goals and accountability<br> 26:15 Sales: defense to offense<br> 27:00 New sales structure<br> 29:30 Challenges with change<br> 34:20 Conclusion</div> <div>Try Printavo: <a href="https://www.printavo.com">https://www.printavo.com</a><br> Join us at PrintHustlers Conf: <a href="https://www.printhustlers.com">https://www.printhustlers.com</a><br> Check out Printavo Merch: <a href="https://www.printavo.com/merch">https://www.printavo.com/merch</a><br> Follow us on Instagram for all of the latest updates: <a href="https://www.instagram.com/printavo">https://www.instagram.com/printavo</a> </div>