Can Adding More Debt Save this $2M Business? (Coaching w/ Mike Andes)
🔥 Join my community for $1M+ home service owners 👉 skool.com/boardroom My Businesses: ⛓️ ⛓️ SOFTWARE FOR HOME SERVICE BUSINESS: https://crtrlnk.co/YZhZywO 💰 WEB DESIGN: https://crtrlnk.co/A1nY8b7 👉 FREE COURSES: https://crtrlnk.co/FbFpSfN ⛔️JOIN AUGUSTA LAWN CARE: https://crtrlnk.co/C6n5lOI #HomeServiceBusiness #MikeAndes #lawncarebusiness Chapters 🎬: 00:00 - Introduction by Mike Andes 00:17 - Overview of the Coaching Session 00:35 - Financial Challenges Facing the Business 02:04 - Debate: Residential vs. Commercial Clients 05:58 - Pricing Strategy and Hourly Rates 08:45 - Addressing High Labor Costs 12:55 - Opening Up the Books to Employees 20:02 - Implementing Pay-for-Performance Compensation 25:49 - Benefits of Open Book Management 31:10 - Engaging Employees in Finding Solutions 35:45 - Incentivizing Crew Leaders and Teams 44:02 - Action Plan to Turn Around the Business 52:11 - Final Thoughts and Encouragement
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