You open the doors under your kitchen sink and reach in to grab the cleaner you keep down there. It comes out soaking wet. You start pulling everything else out and it’s all a soggy mess too. Great. You’ve had a leak under that sink for who knows how long and now you’ve got a huge problem you didn’t even know about.
Sound familiar?
The same thing can happen in your business finances just as easily!! Unless you are looking, there can be a myriad of hidden ways your profits are just leaking away without you knowing! We call them cash flow leaks.
I’m revisiting these silent profit drainers, everything from reviewing overhead expenses to optimizing labor efficiency. This episode is packed with actionable insights to help you find and plug these leaks, so your business can thrive. If you're ready to take control of your cash flow, this is a must-listen!
You’ll learn about….
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Examining overhead expenses and distinguishing wants vs needs
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Reviewing credit card and bank statements for hidden costs
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Optimizing labor efficiency and minimizing unnecessary trips
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Accurate job costing and monitoring material ordering
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Tracking marketing channels and return on investment
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Investing in customer service representatives and maintaining customer relationships
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Properly managing truck and van inventory
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Preventing profit leaks through revisiting fully burdened labor cost
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Monitoring callbacks and ensuring quality work
🎧 Listen to all episodes at https://profitablehomeservices.com/
🤝 Connect with Diane at https://taxcoach4you.com/
💵 Want to know just how much profit you have each month? Get my Free ‘Monthly Nut’ Worksheet here: https://taxcoach4you.com/monthlynut/
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