6 Jun 23

Ben & Tai-Anne – Ending the fire fighting

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Read time
9.7
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Normally when you think about your margin you think about profit. You wouldn’t think about its effect on building your team. Your margin is a major driver behind building your crew for 5 reasons. A weak margin means... 1. You can't afford to pay high wages. Read about the other 4 drivers here
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$200k in profit. 2 paths... Path 1: Doing 38 Jobs a month. Path 2: Doing 50 jobs a month. Which would you rather? The 38 jobs, right? It’s the same outcome, but an easier path. But HOW... Well, it all comes down to Profit Margin. Read to find out how it all works.
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If you haven’t experienced cash flow issues then it's likely you will eventually, it’s just part of business. But there’s one mistake to avoid when they hit, and that’s the “I can just do more work” mistake. That’s because cash flow issues aren’t problems on their own, they’re symptoms of other problems in the business. In an attempt to build up some cash you try to do more work but...
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Putting a price on a job is easy, but putting the RIGHT price on is hard. That’s because as a Plumbing, Electrical or similar business owner, you’ll get in your own way leading you to talk yourself down before sending a quote or bid off. You don’t stop yourself because it’s easy to underestimate the damage lower pricing has on your business and the industry. As a result, you run into problems caused by...
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If you've been frustrated by the work ethic of your people, entitlement mentality, the lack of commitment, and the addiction to their smartphones, then this will be helpful. There's a name for these young people, and that's millennials. I’m going to look at some of the reasons why millennials can be different to manage and hire plus some strategies of how to best engage them and fulfil their needs in...
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Not every Plumbing, Electrical and similar trades, subcontracting or construction business owner has had experience with business coaching. They often think the chaos is normal and is just part of business, this usually stems from working for a boss who also didn’t know any better. So we host Workshops to give owners a taste of coaching and help them see what their business can do for them.
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Look, a couple of days ago we finished a one day training for our million-dollar plumber clients and there was a massive lesson there that was really helpful for you to grow your business, so stay tuned. Now if you're like a lot of the plumbers and tradies that we work with, you’ll be flat-out busy and from time to time you are going to struggle to actually make the...
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I'm going to share with you today why the number one is the worst number when it comes to marketing your business. So guys, here's what I have learnt from experience while coaching hundreds of trade businesses over the last seven and a half years. What I found is that if you don't have a proactive plan for marketing your business, you're at the mercy of waiting for the phone...
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