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….
Examining overhead expenses and distinguishing wants vs needs
Reviewing credit card and bank statements for hidden costs
Optimizing labor efficiency and minimizing unnecessary trips
Accurate job costing and monitoring material ordering
Tracking marketing channels and return on investment
Investing in customer service representatives and maintaining customer relationships
Properly managing truck and van inventory
Preventing profit leaks through revisiting fully burdened labor cost
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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CrimeLess: Hillbilly Heist
It’s 1996 in rural North Carolina, and an oddball crew makes history when they pull off America’s third largest cash heist. But it’s all downhill from there. Join host Johnny Knoxville as he unspools a wild and woolly tale about a group of regular ‘ol folks who risked it all for a chance at a better life. CrimeLess: Hillbilly Heist answers the question: what would you do with 17.3 million dollars? The answer includes diamond rings, mansions, velvet Elvis paintings, plus a run for the border, murder-for-hire-plots, and FBI busts.