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Can you make millions in the cleaning industry?
In this episode of Confessions of a Cleaning Business Owner, Louise Trehearn and Diane Greenwood break down the real potential for making millions in the cleaning industry. They tackle the common misconception that high turnover equals success and emphasize why profit is the true measure of a thriving business.
Together, they explore the importance of understanding financials, the risks of relying solely on accountants, and why financial education is crucial for cleaning business owners. From navigating misleading turnover figures to ensuring sustainable profit, this episode is packed with insights to help you make smarter business decisions.
Key Takeaways:
✔ You can make millions in cleaning, but profit matters more than turnover.
✔ Turnover can be misleading—profit is what keeps a business sustainable.
✔ Many high-turnover cleaning businesses have shockingly low profit margins.
✔ Commercial cleaning isn't always as profitable as it seems.
✔ Understanding your numbers is essential for long-term success.
✔ Most cleaning business owners lack financial education.
✔ Accountants don’t always understand the cleaning industry—know your own numbers.
✔ Setting the right prices starts with knowing your profit margins.
✔ Regularly tracking financials prevents unpleasant surprises.
✔ Success isn’t about big contracts alone; sustainable profit is key.
Tune in for a no-nonsense conversation that will change the way you think about money in your cleaning business! 🎧💰
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By Domestic Cleaning Business Network
5
55 ratings
In this episode of Confessions of a Cleaning Business Owner, Louise Trehearn and Diane Greenwood break down the real potential for making millions in the cleaning industry. They tackle the common misconception that high turnover equals success and emphasize why profit is the true measure of a thriving business.
Together, they explore the importance of understanding financials, the risks of relying solely on accountants, and why financial education is crucial for cleaning business owners. From navigating misleading turnover figures to ensuring sustainable profit, this episode is packed with insights to help you make smarter business decisions.
Key Takeaways:
✔ You can make millions in cleaning, but profit matters more than turnover.
✔ Turnover can be misleading—profit is what keeps a business sustainable.
✔ Many high-turnover cleaning businesses have shockingly low profit margins.
✔ Commercial cleaning isn't always as profitable as it seems.
✔ Understanding your numbers is essential for long-term success.
✔ Most cleaning business owners lack financial education.
✔ Accountants don’t always understand the cleaning industry—know your own numbers.
✔ Setting the right prices starts with knowing your profit margins.
✔ Regularly tracking financials prevents unpleasant surprises.
✔ Success isn’t about big contracts alone; sustainable profit is key.
Tune in for a no-nonsense conversation that will change the way you think about money in your cleaning business! 🎧💰
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