Why do you think 4 out of 5 businesses fail and what are you doing to avoid joining the majority?
I personally have noticed that many times it is a talented individual who moves off to start their own business, but they lack financial education. Eventually, the lack of financial education comes up against the risk they have taken on (you don’t know what you don’t know) and they collide in a terrible mess that often costs them their dream. What are your thoughts??From Struggle to Strength: The Reality of Entrepreneurship and Why You Can’t Give Up”
There are days when the money’s slow, the rates are lower than expected, and the funding seems just out of reach. On those days, the dream feels distant, and the weight of it all can feel heavy. But every entrepreneur knows: this is part of the journey. What many don’t tell you is that the hard times are what shape you, and every ‘no’ brings you closer to the ‘yes.’ The struggles are temporary, but the lessons they teach you are forever. If you’re struggling right now, keep going. The breakthrough is just around the corner.”
Hey guys I am curious about business plans for landscape business.
I just don't know where to begin with building a business plan. I have been in business for 5 years without having one. Now I see why they are so important. I need some advice on where I can go cost-effective is important. I need help building out the plan. Anyone willing to connect and see if you can help me in he right direction.Franchising Your Home Service Company
Playing in the 'major leagues' is not as hard you might think. Have you ever wondered how national brands grow & dominate their spaces? Franchising your home service company is a tremendous way to limit risk, add new revenue, grow with other people's money, give employees a REAL track of growth to dominate your space. I started using jobber in 2013 for my window cleaning company. I franchised it in 2020 and sold 13 locations in Ut, Az, Kansas & the midwest. (Now they all use Jobber) I'm obsessed with helping others do the same. Did you know that Home Service Franchises are the #1 most sought after franchise concept? It's true. I used to make fun of Fish Window Cleaning & other brands because their services were "sub-par" in my eyes. However - I realized, that just doesn't matter because the franchisor (Fish Corporate) has 350 locations & makes tens of millions, so who's really laughing? If you've ever thought about franchising your business this is the discussion for you!
Looking for a grant
Looking for a grant to fund my lawn care business I already have over 35 customers. Both my mowers have broke down and left me basically stranded having to borrow one from my dad to get jobs done . It's something I love to do help people give great prices it's not about the money it's about helping people for me . I hope to get this grant it would grow my business significantly.1 more crew isn't going to build your Empire
Its a new year --- My guess is you're thinking about expanding by adding more crews... yes? It's a good goal but not the right one. This approach leads to increased headaches, higher costs, and more frustration. "If I could just find the perfect employee I'd be golden" - I hear it almost every day. If you're serious about winning without piling on loads of risk, franchising is the way. The Pitfalls of Adding More Crews Adding more crews means more equipment, more training, and more management. You're multiplying your responsibilities and expenses. Coordinating multiple teams can become a logistical nightmare, and maintaining consistent service quality across the board is a constant challenge. Plus, all the financial risk falls on you! Franchising: The Smarter Path to National Expansion Franchising lets you grow your brand by partnering with independent entrepreneurs who invest their own money to operate under your name. This strategy allows you to break into new markets without draining your own resources. Why Franchising Works Shared Risk: Franchisees put their own skin in the game, sharing the financial burden and reducing your exposure. Driven Operators: Franchisees are highly motivated to succeed because they own their slice of the business. This often leads to better performance compared to hired managers. Rapid Market Entry: Franchising enables you to enter multiple markets at once, leveraging local knowledge and connections for faster growth. Cost Efficiency: A larger franchise network can lead to bulk purchasing and shared marketing efforts, boosting profitability for everyone involved. Making Franchising Work for You To successfully franchise your business: Prove Your Model: Ensure your business is profitable and can be replicated. Train Thoroughly: Provide comprehensive training to maintain consistent quality across all locations. Offer Ongoing Support: Be there for your franchisees with marketing, operations, and management assistance. Protect Your Brand: Implement strict quality control to maintain your brand's reputation. In short, adding more crews might seem like a path to growth, but it's fraught with challenges and risks. Franchising offers a smarter, more efficient way to expand nationally without overextending yourself. By partnering with motivated franchisees, you can build a national presence and achieve the growth you're aiming for. Think bigger this year. Franchise your business to build an empire. I've done it myself. You can do it too!This Book Has Been Foundational For Me!
Alright, listen up. If you’re runnin’ a small business and haven’t read Michael Gerber’s The E-Myth Revisited, you’re missin’ out big time. This book’s a game-changer, no two ways about it. Gerber breaks down why most small businesses fall flat and how to dodge that bullet. And here’s the kicker: it ain’t about how good you are at your repairing something; it’s about how well you run the business. Gerber’s got this idea that every business owner’s got three jobs: The Technician – the doer. This is the one out there grindin’ it out, doin’ the actual work. You’re a plumber? That’s you fixin’ leaks. The Manager – the one keepin’ things in line. Schedules, budgets, makin’ sure everything’s runnin’ smooth. The Entrepreneur – the big thinker. The one lookin’ down the road, dreamin’ up where this business can go next. Problem is, most folks are stuck bein’ just Technicians. They’re good at doin’ the work but not so good at runnin’ the show. That’s why they end up exhausted, overwhelmed, and still strapped for cash. If you wanna run a solid business, you gotta stop tryin’ to do everything yourself. You need systems & processes, you need to be able to hand stuff off so the whole thing doesn’t fall apart if you’re not there. That means you gotta step up as the Manager and Entrepreneur, not just the Technician. It’s the only way you’re gonna grow and get outta the daily grind. The eventual goal is to be in Entrepreneur mode full time! There’s even an E-Myth Contractor version, but don’t jump there just yet. Start with the original. The basics are the same no matter what kind of gig you’re runnin’, and once you get those down, then you can see how it fits for your trade. The E-Myth ain’t just a book; it’s a playbook for people like us running a business.
