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

Stop Losing Money in 2026: The Profit Plan for Higher EBITDA

14 snips
Jan 6, 2026
The focus is on a 'Don't Lose Money' mindset for 2026. The hosts reveal their profit planning approach, emphasizing the importance of EBITDA as a gradual journey. They discuss trimming wasteful software expenses that can leak up to $50K monthly. Marketing discipline is key, with metrics beyond ROI helping eliminate ineffective channels. Negotiating vendor terms and controlling material costs are highlighted as crucial strategies for increasing profitability. The emphasis is on building a healthy, cash-flow-positive business rather than reckless growth.
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ADVICE

Adopt A 'Don't Lose Money' Mindset

  • Refuse to lose money by default and treat cost control as a mindset.
  • Reduce vendor pricing, cut wasted spend, and relentlessly hunt down leaks in the business.
INSIGHT

EBITDA Is An On-Ramp

  • EBITDA is an on-ramp, not a light switch; improvements compound over time.
  • Plan from operational inputs to revenue to profit, not from revenue vibes alone.
ADVICE

Plan Profit From Operational Inputs

  • Build data-driven budgets from calls, conversion rate, and average ticket.
  • Then reverse-engineer concrete gross profit and EBITDA targets with clear ownership.
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