Episode 117

full
Published on:

17th Apr 2024

Why Your Business Could Go Bankrupt

“I’m scared of losing my business”.  

That’s something we hear from business owners TOO OFTEN. 

And it’s often because of a fear that the work is going to dry up. 

One day you’re moving into a nice new house and the next you can’t afford the mortgage.  

But what if we told you this sort of thing doesn’t just come out of nowhere. 

If you know what you’re looking for there’s signs that your business is in trouble. 

And things you can do to prevent it. 

So Tony & Phil recorded a training on the subject. 

WHAT YOU’LL GAIN FROM LISTENING TO TODAY’S PODCAST: 

  1. Spot the warning signs that your business is in trouble 
  2. Learn to plan proactively around business difficulties 
  3. Develop a marketing plan which attracts automatic clients 

LINKS MENTIONED IN THIS EPISODE:

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About the Podcast

The Profitable Tradie Podcast
How to build a profitable Plumbing, Electrical or similar business that gives you the time, money and freedom to enjoy life.
Are you the owner of a Plumbing, Electrical, or similar service business and looking to increase your profits and regain your freedom?


If you answered yes to any of the above then follow/subscribe now, this is the podcast for you!

Presented by Tony Fraser-Jones and Phil Smith from Profitable Tradie. We dive into what it takes to build a profitable trades business that gives you the time and freedom you deserve.

We touch on topics like...
- How to hire decent tradespeople.
- What to do when clients don't pay their invoice.
- How to get around people beating me down on what I charge.
- Should I buy or lease my next van/truck?
- How to get my team to get off their phones and be motivated for work.
- The second easiest way to increase your profitability.

Along with sharing a ton of free resources so you can get started on what we're discussing right away!

We also talk with some of the world's most successful trades business owners and learn how they took their businesses from mediocre to multimillion.

In short. We don't know what we don't know.

Subscribe/follow now and join the global community of Profitable Tradie

About your host

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Tony Fraser Jones