From Technician to Business Owner: What It Takes to Succeed
Video from Contractor University. Watch on YouTube.
What you'll get
Bob Larkin, a business coach with Contractor University, explains in this HVAC-framed interview why many technicians who start companies have never seen a profit and loss statement, and covers pricing from your own numbers, a five-year picture of the company worked back into a yearly plan, and writing ads from the homeowner's point of view. Contractor University sells membership coaching, so expect a pitch, and use it as a list of what to learn.
Do this week
Describe your company five years out, with trucks, people, revenue and profit, then work back to this year's revenue goal and the number of jobs it takes at your average ticket.