Do you find yourself struggling to grow your contracting business past $1 million? You’re not alone.
Many contractors and home improvement business owners find their companies plateauing after they hit a certain revenue threshold—usually, the $1M one.
In fact, over 90% of contractors never surpass the $1M mark, highlighting just how difficult it is to scale in this industry.
This is one of the many things we discuss in this week’s episode of Build to Win. We also touch on several other points, such as:
- Why early-stage contractors find themselves wearing all the hats
- The best marketing strategies for a young home improvement business
- How to sell effectively
- Why cash flow management is so critical
… and so much more.
If you’re a contractor looking to scale your business and avoid common pitfalls, this episode is a must-listen.
Well then, what are you waiting for?
Run, don’t walk, and tune in now!
Key Takeaways:
Introduction (00:00)
What your org chart looks like at the beginning (01:22)
Early stages marketing (09:47)
Let’s talk about the sales process (24:26)
“Sales” is NOT a dirty word (37:54)
The production process and cash flow (44:08)
When should you hire more people? (54:12)
Additional Links & Resources:
🔥 Watch our **FREE** on-demand webinar and learn how to drive 20% net profit with systems and processes: https://www.builderprime.com/webinars/on-demand-webinar-drive-20-net-profit-with-systems-processes?utm_source=RedCircle&utm_medium=Audio&utm_campaign=2
⚡ Learn more about us: https://www.builderprime.com/
📱 Connect with us on social media:
- Facebook: https://www.facebook.com/builderprime/
- LinkedIn: https://www.linkedin.com/company/builderprime/
- Jonathan’s LinkedIn: https://www.linkedin.com/in/jonathanweinberg/
- John’s LinkedIn: https://www.linkedin.com/in/john-kolbaska-a271a757/
- Instagram: https://www.instagram.com/builderprimecrm/
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Build to Win is a podcast for contractors where we give you the tools to grow your home improvement business. Follow us wherever you listen to your podcasts!