Owned and Operated - A Plumbing, Electrical, and HVAC Business Growth Podcast #168 - We Cut Payroll Costs by 50%—Here’s How Remote Hiring Cuts Major Costs
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Feb 11, 2025 Discover how businesses are dramatically cutting payroll costs through remote hiring strategies. The conversation reveals the efficiency gains from overseas teams, particularly in call centers and accounting. Key challenges in managing remote staff are discussed, alongside the role of effective communication tools. Exciting insights into upcoming events also highlight the importance of community in business. Plus, hear about innovative solutions that streamline operations and drive growth in an evolving market. A must-listen for any entrepreneur!
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February Sales Slump
- Jack Carr's business experienced a significant sales drop to $60,000 in February 2023.
- This was a stark contrast to their usual $200,000+ monthly sales, causing considerable stress.
Real-Time Financials
- Access to real-time financial data enables proactive daily decisions.
- This helps avoid past issues like layoffs during Q1 by better managing overhead.
Strategic Remote Hiring
- Support local teams by hiring remote staff for HR, accounting, marketing, and call centers.
- Keep heads of departments local while leveraging cost savings from overseas talent.