Insights on profit margins, exit preparation, and financial management for home services contractors.
Payment processing fees eat 2.5% to 3.5% of every dollar your home services company collects. For a contractor running $8M in revenue,...
EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is the number that determines what your home services business is...
Bookkeeper vs. controller vs. CFO: what each role does, when you need them, and signs you've outgrown your current financial team.
The DIY Bookkeeping Trap Every home services company starts with the owner doing the books. Or the owner’s spouse. Or a part-time...
I’ve had this conversation probably fifty times in the last two years. An owner walks in — usually late fifties, maybe early...
Most contractors who try to pass their business to a family member wing it. The ones who succeed treat it like a...