Why $1M Painting Businesses Feel Broke (and How to Fix It)

Send us Fan Mail Why do $1M painting businesses feel broke? Daniel Honan, CPA, and Cody Hall break down where the cash goes as you grow and the painting business cash flow rules that fix it. They walk through the four stages of a painting business and why owner pay drops in the $1M–$3M stage, how to grow on your customer's money instead of debt with deposits of 50% or more where your state allows, progress payments on jobs over a week, and 30–90 day vendor terms, and the minimum bank balance ...