Episode 88

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Published on:

29th Sep 2023

Why Your Profits Shrink When Your Business Grows

Your business revenue is growing nicely and you're adding team members. 

But when it comes to your profit margins, they seem to be falling. 

And you're left thinking "WHAT THE HELL IS GOING ON?" 

When you grow, you think your profit margin will just keep moving. 

But you can get into real trouble if you don't understand this isn't the case, and what to do about it. 

It can make growth seem intimidating.  

And make you feel like you want to stay in your lane. 

But it's a huge mistake.  

and if you don't adjust, your business consumes your life and becomes a glorified hectic job. 

So Phil and Tony recorded this episode to put all the fears and inconvenience to bed. 

 WHAT YOU’LL GAIN FROM IMPLEMENTING TODAY’S PODCAST:

  • Learn about the systems you require for each stage in business
  • Understand where you sit in the business development timeline
  • Learn how reducing your net profit is actually a sign of success
  • Prevent yourself from stretching yourself too thin in your business

LINKS MENTIONED IN THIS EPISODE:

Thanks for joining us this week. Want to subscribe to The Profitable Tradie Podcast? Have some feedback you’d like to share? Connect with us and leave us a review with a 5-star rating. If you think that’s too high, tell us why that is, we’d love to hear from you! Just shoot me an email with the word ‘PODCAST’ in the subject line to tony.fraserjones@profitabletradie.com

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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