Turnaround Boardroom 086: Making $8M But Broke? Here's What's Wrong with Paul Maskill
In episode 86, Paul Maskill welcomes you to the Turnaround Boardroom Podcast to discuss why many small business owners generating $5-8 million in revenue still face "money problems". This episode focuses on the critical aspect of cashflow within residential service businesses and offers practical business tips for better business management. Discover key insights for entrepreneurship in the home service industry.
In today's episode, Paul discusses:
- Businesses often run out of cash despite high revenue due to structural issues.
- Pricing strategies must be mathematically sound to ensure profitability.
- Predictability in cash flow is essential for business stability.
- Understanding true labor costs is vital for accurate pricing.
- Sustainable growth is more important than simply increasing revenue.
This is not a motivational podcast. This is not a tactics show. And it's not for everyone.
If your business looks successful on the outside—but feels tight, stressful, or unclear underneath—this podcast is for you. If you want to be interviewed on the podcast email me at paul@thebluecollaradvisors.com