Profitable Home Services Podcast | Increase Profits & Improve Cash Flow

← Profitable Home Services Podcast | Increase Profits & Improve Cash Flow14 sept. · 50 min

10 Uncomfortable Money Questions That Reveal Your True Business Profitability

10 Uncomfortable Money Questions That Reveal Your True Business Profitability14 sept.50 min

I want to talk about how to find hidden profit in a service business, because most owners are asking the wrong question. They ask how to get busier instead of asking why the busy months still leave the bank account looking thin.

In this episode, I walk through 10 questions business owners avoid asking themselves. Every single one has a hidden profit leak sitting behind it. We cover why more revenue is not more profit, what your labor really costs you, and why cash disappears in my business even in a good month. I also get into home service labor costs and contractor pricing for profit, two of the spots where I see owners lose the most money without realizing it.

What You'll Learn:

Why more revenue is not more profit in a home service business

How to know if you are actually charging enough for the work you do

What your team really costs you once you calculate the full number

Why busy crews can still be losing you money every single day

Why cash disappears in my business even when the P&L looks good

The real cost of keeping your doors open each month

What happens to your business if you disappear for thirty days

Key Moments:

6:45 Why More Revenue Is Not More Profit