I recently presented this education session at the Painting & Decorating Contractors of America (PDCA) Expo in Reno on March 13, 2014
Stages of Growth: Cracking the Million Dollar Code
Not everyone wants a business that grosses a million (or multi-million) dollars a year. Some business owners prefer more of a “lifestyle” business just big enough to pay you a comfortable income without a lot of complexity. This education session is for Painting Contractors who have a bigger vision and who want to grow an organization with a structure that gives you more freedom and more options for your future. Options like being able to delegate key activities of the business so you can take more time away from the business without losing money. How about creating a business that is more saleable? Or one that continues to pay you in retirement after you’ve stepped back from an active role in the company.
How do you get there? Many contractors struggle with getting past the stages of growth to get you to that Million Dollar mark and beyond.
In this workshop we explored:
- The stages of growth that Painting Contractors work through on the way to reaching certain levels of income and business maturity.
- Mapping out a structure to achieve your vision at each stage of your growth
- Best business practices for Painting Contractors who want to grow a successful and professional company
- Creative ways to achieve results by not doing what everyone else does
What is keeping you from achieving your growth goals? We explored some common stumbling blocks, and suggest ed strategies and actions you can take to increase your ability to successfully evolve your business to achieve your vision.
Have Questions? Call 619-291-3700.