Blue Collar Prosperity

067: Most home service owners think the hardest part is hitting $1M. The truth? The real wall is $3M


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Most home service owners think the hardest part is hitting $1M. The truth? The real wall is around $3M. Most companies get stuck on their way to $5mm for several reasons.

In this episode, Paul Maskill discusses the challenges home service businesses face when trying to scale beyond the $3 million mark. He emphasizes the importance of cash flow, proper pricing strategies, and building a strong management team to overcome these hurdles.The conversation highlights common pitfalls and offers actionable insights for business owners to achieve sustainable growth and profitability.

In today's episode, Paul breaks down:

  • Pricing strategies and why they are so important
  • Implementing layers of management
  • Why you must have margins dialed in before you scale
  • Why more revenue does not equal ready to scale
  • Why you must have solid forecasting and projections

Interested in a financial assessment of your company? Book a call here and we'll make it happen: http://thebluecollaradvisors.com/call

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Blue Collar ProsperityBy Paul Maskill, Blue Collar Business Advisors

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