Profit Isn’t an Accident | Contractor Profitability, Cash Flow Management, Job Costing , Business Growth, Small Business Fi

060. Why Does Your Best Employee Make More Than You?

Why Does Your Best Employee Make More Than You?   You own the business.   You carry the risk.   You worry about payroll, customers, debt, hiring, pricing, and whether the

059. Your Bank Balance Is Lying to You

You check your bank account, see a decent balance, and think, "Okay, we're doing pretty good!"   But here's the problem: Just because the money is sitting in your accou

058. Can You Actually Afford to Hire?

You’re overwhelmed. Your team is stretched thin. Work is piling up.   So the obvious answer seems to be: hire someone.   But needing help and being able to financially su

057. Where Did All the Cash Go?

You had a profitable month. Sales were strong. Jobs got done. So why does your bank account still feel empty?   In this episode of Profit Isn’t an Accident, Shannon brea

056. More Revenue Won’t Fix a Bad Business

More revenue sounds like the answer when business feels tight.   But if your pricing is wrong, your margins are weak, your systems are broken, or your cash flow is a mess

055. Your Employees Are Busy. But Are They Profitable?

Your crews can be slammed all day and still be costing your business money.   A full schedule, overtime, and employees running from job to job may look like success, but

054. Are You Charging Too Little? The Pricing Mistake Costing Contractors Profit

Your schedule is full. Your team is busy. Revenue is coming in.   So why does cash still feel tight?   You may not have a sales problem. You may have a pricing problem.  

053. How Much Profit Should a Contractor Business Actually Make? Gross Margin vs. Net Profit Explained

How much profit should a contractor business actually make?   It sounds like a simple question, but too many contractors are looking at the wrong number.   Revenue tells

052. Should a Business Owner Pay Themselves First? How to Pay Yourself Without Starving the Business

“Pay yourself first” sounds like good advice.   But if you take too much cash out of the business too early, you can end up starving the company you are trying to build.

051. $1 Million in Revenue and Still Broke? Where the Money Actually Goes in a Contractor Business

You hit $1 million in revenue.   The crews are busy. The trucks are moving. Jobs are getting completed.   So why does the bank account still feel empty?   In this episode

050. If You Can’t Leave Your Business for a Week, You Don’t Own a Business Yet

Your business is making money. You have employees. Customers are calling. From the outside, it looks successful.   But what happens if you leave for seven days?   If your

049. Your Best Customer Might Be Costing You Money

Your Best Customer Might Be Costing You Money   Your biggest customer may not actually be your best customer.   A customer can keep your crews busy, bring in hundreds of

048. Booked Out for Months? That Doesn’t Mean Your Business Is Healthy

Being booked out for months sounds like success.   The trucks are moving. The schedule is packed. Revenue is climbing. Customers are waiting weeks to get on the calendar.

047. How Much Cash Should a Contractor Keep in the Bank?

How much cash should your contracting business actually keep in the bank? $10,000? $50,000? Three months of expenses?   There isn’t one magic number that works for every

046. You’re the Bottleneck: Why Your Business Can’t Grow Without You

You’re the Bottleneck: Why Your Business Can’t Grow Without You   If every decision, customer problem, purchase, job issue, and employee question eventually lands back on

045.Are Your Employees Actually Making You Money? How to Know

Are your employees actually making your business money, or are they just staying busy?   Payroll is one of the biggest expenses in a contracting business, but most owners

044. Why Growing Your Business Can Actually Make Your Cash Flow Worse

Your business is growing. Sales are up. You’re landing bigger jobs. So why does it feel like there’s less money in the bank?   Growth takes cash.   Contractors often have

043. When Should You Hire Another Employee? The Numbers Contractors Need to Know

Being busy doesn’t automatically mean it’s time to hire another employee.   For contractors, adding payroll based on workload alone can turn a profitable business into a

042. Your Business Makes Money. So Why Can’t You Pay Yourself?

Your P&L says the business is profitable. You’re booked. Your employees and vendors are getting paid.   So why is there never enough money to pay yourself?   In this epis

041. The Financial Warning Signs Most Business Owners Ignore Until It’s Too Late

Your business usually doesn’t get into financial trouble overnight. The warning signs show up first. The problem? Most business owners are so busy running jobs, managing