Business Risks A business risk doesn’t always show up as an emergency. Most days they look like a task you keep meaning to get to; an old price list you never updated, or a process nobody wrote down. I know what it’s like to put it off because the phones...
Delegating Work Delegating work is the difference between a business that runs you and a business you actually run. I got to sit down again with Chris Diroll from SMA Support Services, and one story from our conversation stuck with me. A roofing contractor he works...
Small Business Tip Home service business owners often come to me looking for that one small business tip that is going to change everything around for them financially. Here it is: pay yourself first. That single change is what took my own business from scraping...
Debt Payoff Strategy A solid debt payoff strategy is one of those things most home service business owners know they need, but very few feel confident they have right. When there is a little extra cash at the end of the month, the question is never simple. Do you pay...
Shiny Object Syndrome Shiny object syndrome is not just a personality quirk. For a lot of home service business owners, it’s the exact reason quotes go unsent, team systems never get finished, and profit keeps slipping through the cracks. I sat down with Skye...
Gross Profit Margin Gross profit margin problems don’t get solved by saying yes to more jobs. I worked with a home service business running at a 20% gross profit margin, when the industry average for their trade was 35%. The owner’s answer was simple. Do...
