176. Profit: A Constant Balancing Act | Mark Curry
The ups and downs of running a home improvement business can make your head spin – and throw your books out of whack.
So how do you maintain a net profit of 15-20% or higher through both good months and bad?
This is what Mark Curry, the Owner of Your Remodeling Guys and Revelare Kitchens, shares with us on the latest episode of The Wealthy Contractor Podcast.
Listen carefully for the insights Mark shares on how any home improvement or home services business can not only survive a downturn in leads, but actually prosper instead.
In this episode, you’ll discover:
- The most profitable and least profitable times in your business – and what it means to you today
- How to financially manage a home improvement company with the the highs and lows in your business activity
- How to define your marketing cost
- The 3 “machines” in any home improvement business and how to know if they’re efficient
- One thing that has a tremendous impact on your success, but cannot be measured
For more FREE Wealthy Contractor resources, go to www.TheWealthyContractor.com
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