On this episode of the Porfitable Home Business Podcast, I want to delve into a topic that is often overlooked but is crucial for the financial health of your business – tax planning strategies. I’ve seen many home service business owners make common mistakes that lead to cash flow leaks, especially in relation to income tax. So, let’s dive in and explore how you can minimize your tax legally and save your hard-earned money
Tax & Profit Coach For You Podcasts
Renowned tax expert Edward Lyon, the funniest tax guy in America, challenges traditional accountants to bend the rules, maximize financial benefits, and help small business owners achieve financial success in a world shifting towards tax planning strategies and technological advancements.
Does this sound familiar? You’ve been told to invest in marketing agencies to increase brand recognition for your home service business. But despite the hefty investment, you’re not seeing the tangible results you were promised.
Join me on my latest podcast and get expert digital marketing tips for your service business with my guest, marketing expert Stephen Christopher
Cash Flow Analysis. On this episode of Profitable Home Services Podcast, I shared a topic that many businesses in the home service industry grapple with – cash flow leaks. There are various areas where businesses often experience these silent profit leaks. The information in this episode could help you identify and address these leaks in your own business.
Ever pondered on the unconventional accounting formula: sales – profit = expenses? As a host of a podcast that seeks to empower businesses, I recently dove into the Profit First Method principles and how flipping traditional accounting on its head will prioritize profit.
I’m excited to share insights from a recent episode of the Profitable Home Services Podcast where I had the pleasure of hosting Jeremy Lowe from Profit Rhino and Service Fusion. With over 40 years of experience in the industry, Jeremy has a wealth of knowledge to share. We explored the vital role of financial education for business owners. A surprising number of students struggle to calculate profit margins correctly, emphasizing the need for entrepreneurs to take control of their finances
Time to improve business processes that prioritize profitability . Consistency and efficiency provide a consistent experience for customers. This is one of the key messages from my podcast episode with Dave Sullivan. He emphasized the importance of having clear processes and systems in place for scalability. Sometimes, learning from others’ mistakes can pave a more successful path for your business. We talked the common mistakes contractors make. It’s astounding how often businesses prioritize sales over profitability and overlook proper planning for expansion.
Social media tips from the expert. Discover the unexpected twist that propelled Justin Wise from ordinary to extraordinary. Dive into a world where engagement trumps content creation, and relationships with influencers become the gateway to success. Witness how a chance encounter with an industry expert transformed everything for Justin, leading him to unimaginable collaboration opportunities.
Join Rhamy Alajeal, as he shares invaluable insights, strategies, and tools that will empower you to make the transition from service technician to leader. Together, we will unlock your potential, cultivate your leadership skills, and pave the way for a thriving and profitable business. Get ready to step into your new role and accomplish the transformation you’ve been longing for.
Bottom line savings! If you’re feeling overwhelmed by the rising costs of insurance for your service business, despite your efforts to reduce expenses through cost-cutting measures, then you are not alone! Many business owners struggle with finding the right insurance coverage to protect their business and employees while keeping costs low. In some cases, they may be paying for coverage they don’t even need. This can lead to frustration and a sense of helplessness. But there is a solution: captive insurance. By working with the right insurance company, you can take control of your coverage, lower your expenses, and gain peace of mind.