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Firm's yearly gross income

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fmmpe

Electrical
Sep 21, 2009
2
We are a two engineer MPE firm, and this year (2015) we grossed around $420,000. We have been in business 8 years, and are located in the southeastern US. Would anyone else care to share similiar info, we are curious how we are doing compared to other MPE firms. Thanks!
 
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Other opinions will likely differ, but gross means very little to me. Net is what matters in the end. If you subbed out all of your work and netted $50k, that's not nearly as useful as if I kept it all in house and netted $200k from that same $420k. Just a thought...

Dan - Owner
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Depends on how much you want (need) for your two people.

If i were happy with a 75,000.00 take-home (after all taxes), then a $150,000.00 per person pre-tax, pre-expenses is only a start.

If each wants 220,000.00 take home, then you need a good bit more gross.
 
I always thought the multiplier (accurately determined) was a good measure.
 
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