February 9, 2024

Season 1, Episode 36

Description:

Ready to transform your painting business into a million-dollar enterprise? We've got the game plan! Welcome to the Profitable Painter Podcast where we share the secret sauce of hiring the right people at the right price. From sourcing the perfect painters to understanding the benefits of subcontracting, we dissect the pay scales and discuss when and how to go about it. We also deep dive into how subcontracting can save you time and reduce risks, and how both employee and subcontractor models can be a boon for your business.

Ever thought about how outsourcing phone answering and accounting can revolutionize your business? We've seen it happen! Learn how a call answering service can free up your time for more lucrative tasks and elevate your clients' experience. We also underline the advantage of having a great accounting team on board to handle the nitty-gritty of bookkeeping, tax preparation, and to give you a crystal-clear snapshot of your business's financial health. We recommend setting aside around 3% of your revenue for accounting services because, trust us, it pays off!

And here's the clincher: we map out a strategic hiring plan that can take your business from a blank slate to raking in a cool million in revenue. It's all about delegation and knowing what tasks to offload. Want to know how a virtual assistant from another country can be a cost-saving move? Or how your teenage children can become your social media mavens? We reveal all this and more, including the importance of tracking your marketing ROI, paying a marketing agency the right percentage, and scaling your business to the next level with a production manager and salesperson. The key is to hire smart and motivate right, and we show you exactly how. Get ready to skyrocket your painting business with us!

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