Have you ever wondered why you look at your profit and loss and it says one thing but you look at your bank account and it says another? Or maybe you look at your profit and loss and it shows a great or terrible month but it’s in huge swings both ways?

That’s because there’s a huge difference between tax accounting and financial accounting in how you assess the numbers in your business. Believe it or not, the way you analyze the profitability of your business should be different than how the IRS analyzes your business. In this episode we help simplify the understanding of why things can be different and the best way to analyze the numbers for your business.

Are your finances something you struggle to understand? Do you need help identifying your breakeven number and using your financial analysis to make decisions in your business? Schedule a free business analysis meeting at www.elitebusinessadvisors.com

Scheduling projects properly is one of the hot questions of the summer so far for us. In this episode we cover how to schedule work to make sure you’re meeting your financial goals, how to set the right expectations with your customers, and also how to allow for flexibility and changes for when projects pop up and you can capitalize on them.

Need help working through the technology or processes for scheduling jobs in your business? Schedule a free business analysis meeting at www.elitebusinessadvisors.com! We help painting contractors in every area of their business.

For more details on the Elite Business Retreat mentioned in the intro, visit www.elitebusinessadvisors.com/retreat!

One of the best ways to wreck your cashflow is to not have a great system in place to manage change orders and time and material tickets. Between dragging out the process, losing documentation, and even disorganization leading to a loss of revenue, it can be a real detriment to your business. On today’s episode, we interview Cameron Page, CEO of Clearstory. Cameron came from the commercial construction world and after almost a decade of frustration with the process of change order processes, ventured out to solve the problem for the industry.

Looking for more information on Clearstory? Visit www.clearstory.build to schedule a demo of their platform!

For more details on the Elite Business Retreat mentioned in the intro, visit www.elitebusinessadvisors.com/retreat!

As entrepreneurs we need to have a mindset to grow and change. Often times, this starts with something that challenges us and our thinking to prompt the change. In this episode we talk through the things that can help challenge us and our thinking, along with the mindset we have to have to truly change.

Want someone with you every step of your journey to help you navigate challenges and change? Schedule a free business analysis meeting at www.elitebusinessadvisors.com to see how we can help!

For more details on the Elite Business Retreat mentioned in the intro, visit www.elitebusinessadvisors.com/retreat!

So much of being an entrepreneur is learning, pivoting and growing. Wouldn’t it be nice if you could go back in time and give yourself all of the advice and things you’ve learned in running your business to avoid this mistakes? Well we’ve got you covered today! Juan Vasquez from Illusions Inc. shares the 4 things he’d do differently in his business if he could go back in time and do it all over again!

Want someone with you every step of your journey to help you navigate challenges and growth? Schedule a free business analysis meeting at www.elitebusinessadvisors.com to see how we can help!

For more details on the Elite Business Retreat mentioned in the intro, visit www.elitebusinessadvisors.com/retreat!

One of the hardest things to do in growing a service business is getting away from the day to day production and turning into a manager and the visionary entrepreneur. In today’s episode we chat with Shane Fast, owner of Renew Painting Carolinas to share his process in how he went from working on his jobsites with his employees to focusing more on the entrepreneur piece of the business to double their business.

Looking to shift from working in the business to working on it? Schedule a free business analysis meeting at www.elitebusinessadvisors.com to see how we can help!

For more details on the Elite Business Retreat mentioned in the intro, visit www.elitebusinessadvisors.com/retreat!

The sub-contractor/business relationship is one that often gets overlooked and undervalued. In today’s episode we hang out with Dmitriy Ivanchuk, co-founder of HeyPros to talk about best practices when managing sub-contractors, what can set you up for success and hold you back from having a thriving relationship with your subs.

Want to check out HeyPros more in depth? Email us at Chris@elitebusinessadvisors.com for an introduction to Dimitriy and his team, or visit heypros.com and let them know you heard about them from us or our podcast!

Tired of running around non-stop during your busy season already? Schedule a free business analysis meeting at www.elitebusinessadvisors.com to see how we can help!

For more details on the Elite Business Retreat mentioned in the intro, visit www.elitebusinessadvisors.com/retreat!

Sometimes you find an individual who can provide endless nuggets of value to your audience, so we had to bring back our friend Dan Fleisher with HireBus to talk through the Top 4 Mistakes that we see Home Service Entrepreneurs Make. If you find yourself struggling with the KPI’s to look at, balancing sales and production, creating a marketing plan, or running around with no sense of direction in your business, this episode is for you!

Looking for help with the operations side of your business? Visit www.hirebus.com/elitebusinessadvisors for more information on how they can help you find the right people and put them in the right seats in your company!

Tired of running around non-stop during your busy season already? Schedule a free business analysis meeting at www.elitebusinessadvisors.com to see how we can help!

For more details on the Elite Business Retreat mentioned in the intro, visit www.elitebusinessadvisors.com/retreat!