Running a successful service business can be challenging, even in the best of times. When inflation is at the highest rate we’ve seen in many years – what do you do? What about when you can’t get the materials to complete your jobs? What can you do to recession proof...
There are a ton of profit leaks that occur in every business that eat up your profits and make you feel like you are burning the candles at both ends but not getting ahead. I have 10 commandments for building a profitable service business but in this article, I want...
Are you working too hard to get the same bottom line? Maybe it’s time to recession proof businesses. You are busy…your top line has grown…you have hired, maybe added a manager, and have grown to a million-dollar company but your bottom line is sinking. And...
Company core values are the guiding philosophy that defines how you will serve those around you. They define what is important to you and they are at the center of who you are (your moral compass). When what you do and what you value are in sync, your life is...
When you offer a service, you are usually brought in to solve a problem. If a drain is blocked, you clear the blockage. If a room needs a new coat of paint, you paint it. If your business is leaking profits, then it helps to know these six common profit leaks you...
The most common gauge to see if your service business is profitable is your Profit and Loss Statement. This will reflect your revenue and your expenses and what is ‘left over’, IE your profit health. BUT what it may not tell you is HOW you can create MORE...
