My friend Kevin owns a home service franchise.
He grew it from $0 to $2M in revenue in 2.5 years.
And ge called me last week to share a huge win: $500,000 in profit last year.
His net margins of 25% were almost DOUBLE other owners in the same franchise who run 12-15%.
Here's what he did differently:
1. Prices everything at 55% gross margin, about 8% higher than others.
He knows he closes fewer jobs because of it but the math proves it works.
2. He built systems then handed them off to a remote employee.
Scheduling, estimates, customer coordination, and job costing all done remotely at a fraction of the cost.
3. For anyone who wants to pay with a credit card, he adds a 3% surcharge.
4. He aggressively negotiates everything. Vendor pricing, terms, commission structure, even franchise fees.
Kevin knows his P&L like the back of his hand.
He can estimate every week how much profit he made before even looking at it.
Can you?
Too many owners treat their P&L like a rearview mirror. Glance at it, wince or celebrate, then move on.
"It'll be better next month after I increase sales and do XYZ..."
Then next month comes and they breeze through it again. Same routine. Same leaks. All while cash is slipping through the cracks.
Kevin figured something out that most owners haven't:
The numbers aren't just a report card, they're a map.
AndI just created a program called "Where Is All My Profit?" with the same framework I used to grow my business.
Grab it here:
shop.brianbeers.com/offers/9…