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How to grow your business for a potential sale or to retain profit | ft. Tom Howard | Ep.435
Description
Watch the video version of this podcast at https://youtu.be/eK2RrnznzSY
🚀 Want to grow your trade business and sell it for top dollar? Whether you're a plumber, electrician, or HVAC pro, this episode is packed with business growth strategies, trade business efficiency tips, and exit strategy insights to help you scale.
🎟 Exclusive Event Alert! Meet top industry leaders in Sydney on April 3-4 at the World of Titans event. Learn from the best on how to scale and exit your business. More details at TheSiteShed.com!
💬 What’s your biggest challenge in growing your business? Comment below!
Discussion Points:
00:00 Business Growth Strategies Discussion
06:18 "Taking Business Seriously Before Selling"
08:53 Streamlining Business Costs Strategically
12:21 Streamlining Company Forms Process
15:48 Customer Service Efficiency Challenge
16:28 Eliminating Non-Value Added Activities
23:17 Streamlined Inventory with Vendor Management
24:01 Efficient Job Costing Cycle
28:31 Business Growth and Resale Strategy
32:04 Job Shifts After Corporate Changes
33:44 "Strategic Business Exit Planning"
39:24 Incentive-Based Business Planning
40:02 Incentivise with Equity and Clarity
Resources:
- ServiceTitan’s World of Titans Event - https://bit.ly/WorldofTitansAU
- Get the Acquisition Guide for FREE at https://www.howarddeals.com
- Website: https://www.howarddeals.com
- Social: https://www.instagram.com/howarddeals
- Email: thoward@servicetitan.com
Your Next Step:
Join Tradie Academy, our free community packed with templates, checklists, and resources shared by podcast guests, coaches, and successful tradies.
👉 Join free and grab your next growth tool here: https://tradie.wiki/pod
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- Instagram: @thesiteshed
- LinkedIn: Matt Jones
- Website: thesiteshed.com
- YouTube: @TheSiteShed
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