Episode 104

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Published on:

17th Jan 2024

Up-leveling Your Business With A Business Partner

Only you can destroy your business. 

Until you take on a business partner. 

Now the fact you read my emails leads me to suggest that you’re pretty good at NOT destroying your business. 

So, let’s focus on how you can make sure somebody else doesn’t ruin it fopr you. 

Now there are a bunch of reasons why you might bring on a business partner. 

But all of them have one thing in common. 

You NEED TO KNOW what you’re getting yourself into. 

I’m not saying things will go south. 

Especially not if you both do your due diligence. 

But I see too many successful businesses fall apart because the business owner and partner are on different planets. 

Transferring ownership is one of the things that you need to know. 

Even if you’re not looking into it right now. 

But the reason so many mergers end up going south is because few people know the risks involved. 

 

WHAT YOU’LL GAIN FROM TODAY’S PODCAST: 

  1. Learn the risks around taking on a business partner 
  2. Learn what opportunities lie with taking on a partner 
  3. Begin to plan around the business legacy 
  4. Take your business to the next level 

LINKS MENTIONED IN THIS EPISODE:

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About the Podcast

The Profitable Tradie Podcast
For Trades & Contracting Business Owners Who Want More Profit, More Freedom, and Less Stress
If you run a plumbing, electrical, HVAC, or any other trades business and you’re tired of long hours, cash flow headaches, and pricing battles, this podcast is for you.



Join Tony Fraser-Jones and Phil Smith from Profitable Tradie as they break down straight-shooting strategies to help you make more money, work fewer hours, and get your business running smoothly—without the usual headaches.



We tackle the real challenges every trades business owner faces:
✔ How do I find and keep good techs when everyone is hiring?
✔ What do I do when customers don’t pay their invoices?
✔ How do I charge what I’m worth without getting undercut?
✔ Should I buy or lease my next truck or van?
✔ How do I get my crew to stop scrolling their phones and actually work?
✔ What’s the second easiest way to increase my profits? (The first is hitting play on this podcast!)



We also bring on some of the most successful trades business owners in the world—real people who’ve built multimillion-dollar companies—so you can learn exactly how they did it.



This isn’t just another business podcast. It’s your shortcut to building a highly profitable, well-oiled trades business that gives you more money and more freedom.



👉 Subscribe now and join thousands of tradies and contractors turning their businesses into profit machines.

About your host

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Tony Fraser Jones