Profitable Home Services Podcast

Profitable Home Services Podcast

Service Business owners are some of the busiest out there, wearing so many hats, putting out fires, trying to stand out and compete, grow the business and boost profits. Profit Coach Diane Gardner is on a mission to help owners grow faster with less stress so they can create more freedom and spend more time with family. Joined by top experts in the service business industry, they’ll share key strategies in areas of finance, hiring, marketing, sales, management, operations and mindset. Plus hear from service professionals just like you share their success stories - all with the goal of helping you profit.

Episodes

August 23, 2023 26 mins

In the world of home services, building relationships with influencers and industry experts can be a game-changer. Justin Wise shares his secrets on how to engage with these influential figures, from sending heartfelt notes to leveraging the power of social media. But what happens when this strategy backfires, and instead of collaboration opportunities, you find yourself in an unexpected dilemma? Tune in to uncover the...

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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. Tersh shares personal experiences that highlight the importance of regularly updating systems and accurately tracking costs. He emphasizes the n...

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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 income tax deduction and offers tax-exempt growth.

 

In this episode, Bill and I discuss:

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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, owner of Winding River Recruiting (and former CEO of CEO Warrior), and I discussed the importance of being disciplined in monitoring numbers and job costing. It's about embracing the highest and best use of time to prevent profit leaks. Tr...

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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.

 

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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 p...

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Ever wondered about effective hiring strategies? I know I have! During my recent podcast episode, Mike Michalowicz helped me understand the pitfalls of traditional interviewing. I learned how recruiting platforms, such as workshops or camps, can provide a more accurate evaluation of candidates' skills and engagement. Quite a revolution in the recruitment process!

In this episode, we discussed:

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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. He discusses his new book "Something to Give" and shares his insights on transitioning from being the sole decision-maker to empowering team members in ho...

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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...

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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 cash flow to safeguard your business' financial health.

In this episode, Mike and I discuss:

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Just had a fascinating discussion with Daniel Dixon from SendJim about 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 jus...

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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. Recently, I had a thought...

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Ever wonder about the true importance of financial literacy in business? I had an enlightening conversation with Ellen Rohr, president of Zoom Drain Franchise LLC, about just that. One key takeaway - never ignore your numbers. Understanding them can make the difference between just getting by and truly thriving.

In this episode, we discussed:

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Do you want to transform yourself from being a technician to becoming a successful leader in your home service business? Are you ready to take charge and achieve the growth and success you've always dreamed of? Look no further, because today we will reveal the ultimate solution to help you attain that desired outcome.

Join me and Rhamy Alajeal, as he shares invaluable insights, strategies, and tools that will empower you to make th...

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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 an...

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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. 

The pain of wasted resources and a lack of differentiation in the market is holding you back from reaching your business goals. It's time to break free from ineffective actions an...

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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.

In this episode, you will be able to:

  • Delve into wh...

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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, ...

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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 principles and how flipping traditional accounting on its head will prioritize profit.

In this episode, I shared:

  • Introduction to Profit First principles

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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.

In this episode, I shared:

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