8min chapter

Owned and Operated - A Plumbing, Electrical, and HVAC Business Growth Podcast cover image

#154 - Business Cost Management and Sustainable Home Service Growth

Owned and Operated - A Plumbing, Electrical, and HVAC Business Growth Podcast

CHAPTER

Strategies for Cost Optimization

This chapter explores effective cost management strategies for home service businesses, emphasizing the need to reject unnecessary expenses. It highlights the importance of maintaining a healthy gross margin for sustainability and the role of careful expense evaluation in achieving profitability. Key insights include negotiating with vendors and rethinking staffing to foster financial efficiency and support growth.

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