In this episode of the Profitable Home Services podcast, Diane Gardner interviews Tersh Blisset, the founder of Service Emperor and host of the Service Business Mastery podcast. They dive into the crucial role of job costing and tracking expenses in the home services industry.
Do you think retirement plans are only for large corporations? I debunked this myth with Bill Black from Pension Specialists in the recent episode of the Profitable Home Services Podcast. We discussed how small businesses can significantly benefit from these plans. A qualified plan allows for an income tax deduction and offers tax-exempt growth. Time to maximize profitability.
As a business owner, understanding your own role in the company is crucial. It isn’t just about managing day-to-day tasks, it’s about financial responsibility. Recently, Mike Disney, CEO of CEO Warrior, and I discussed the importance of being disciplined in monitoring numbers and job costing to avoid revenue leaks. It’s about embracing the highest and best use of time.. Truly, understanding your business’s identity can lead to profitability.
The ‘Profit First’ mindset isn’t limited to accounting. It can transform your entire business approach and push you out of your comfort zone, leading to unforeseen successes. On this episode, Ron Saharyan and I emphasized that being profitable allows businesses to do more and make a positive impact. Remember, small businesses are the backbone of our economy, and systems like Profit First can help them thrive.
Insights from a Strategic Hiring Process. Mike Michalowicz helped me understand the pitfalls of traditional interviewing.
Ever wondered how to build a successful team and increase bottom line profit? Brigham Dickinson, the president of Power Selling Pros and founder of the Power Certification Program, shares his insights on matching responsibilities with the talents of each team member. Learn how to delegate like a pro.
There’s something special when you realize your purpose through challenges. I recently discussed this with Dave Sanderson, an inspirational survivor and leadership speaker, on the Profitable Home Service Podcast. We discussed the value of resilience and adaptability, especially for entrepreneurs like us. Life will throw curveballs at you, that’s certain! But the key is to remain focused on your area of expertise, while delegating other tasks to those who excel in them.
Ever wondered about the silent killers of profit and cash flow? In a recent chat with Mike Milan (Cash Flow Mike), we explored mismatched financing and high-interest payments that can quietly wreak havoc on your bottom line. Remember, 35% of businesses filing for bankruptcy have net profit. Focus on cashflow management to safeguard your business’ financial health.
Just had a fascinating discussion with Daniel Dixon from SendJim about customer relationships, measuring ROI and tracking the effectiveness of our marketing channels. It’s a challenging task, but one that can really pay off. As a takeaway, we learned that it often starts with identifying the lead source. A simple question like “How did you find out about us?” can go a long way.
It’s not just about acquiring new customers, it’s about engaging with the ones we already have. Many businesses have a large customer base but fail to tap into this goldmine. It’s time to explore fresh strategies!
The printing process can seem intimidating with all the technical jargon and complexities involved. That’s why I appreciate businesses like Print Fast that prioritize making the experience friendly and informal. Translating this to my own work, I’ve realized just how crucial clear communication is. It’s not about using big words or complex terms, but about conveying ideas in an accessible way.
I chatted with Bill McGowan from Print Fast. Reflecting on the importance of post-service customer interactions, he stated, “If you forget about your customers, they will forget about you.” His words reminded me of the value of maintaining relationships with clients in any industry.
After all, it’s all about human interaction at its core.
