Will They Leave if I Train Them?
The 7-Power Contractor® Radio
A lot of business owners are concerned that if they begin training their employees, they'll leave. In reality, when staff is trained properly, they actually stay, because they learn how they can grow in your company. Learn more in this episode. Notice to listeners: The information in this book, along with the forms and structures provided, are meant to serve as a helpful reference guide for the plumbing, heating, cooling, electrical, and other contracting industries. The host of and contributors to this podcast take no responsibility for compliance with the laws or regulations that govern...
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Acquiring a Company? Here's What to Consider.
The 7-Power Contractor® Radio
If you're acquiring a new company, here's what you need to consider to make your acquisition successful. Notice to listeners: The information in this book, along with the forms and structures provided, are meant to serve as a helpful reference guide for the plumbing, heating, cooling, electrical, and other contracting industries. The host of and contributors to this podcast take no responsibility for compliance with the laws or regulations that govern your specific business. The responsibility for making sure everything is compliant (among other things) is 100 percent yours. Before you...
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The 4 Steps of Corrective Action
The 7-Power Contractor® Radio
Every shop needs a plan of corrective action to help get employees back on track. The 4 Steps of Corrective Action is the best plan to use. Learn more here! Notice to listeners: The information in this book, along with the forms and structures provided, are meant to serve as a helpful reference guide for the plumbing, heating, cooling, electrical, and other contracting industries. The host of and contributors to this podcast take no responsibility for compliance with the laws or regulations that govern your specific business. The responsibility for making sure everything is compliant (among...
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Urgent vs. Important
The 7-Power Contractor® Radio
Urgent vs. Important – what's the different? The two are not the same, and you need to know the difference. Listen in to find out more! Notice to listeners: The information in this book, along with the forms and structures provided, are meant to serve as a helpful reference guide for the plumbing, heating, cooling, electrical, and other contracting industries. The host of and contributors to this podcast take no responsibility for compliance with the laws or regulations that govern your specific business. The responsibility for making sure everything is compliant (among other things) is 100...
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Rent or Own?
The 7-Power Contractor® Radio
Asking, "Should I rent or own my company building?" Good question. Here's what you should consider. Find more resources at . Notice to listeners: The information in this book, along with the forms and structures provided, are meant to serve as a helpful reference guide for the plumbing, heating, cooling, electrical, and other contracting industries. The host of and contributors to this podcast take no responsibility for compliance with the laws or regulations that govern your specific business. The responsibility for making sure everything is compliant (among other things) is 100 percent...
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Where Did the Money Go? with Ellen Rohr
The 7-Power Contractor® Radio
Why owners must own the financial manager box on the org chart and how contractors do much harder math in their job than is required to understand their accounting and financials. [:008 ] The value of Ellen's best selling book, "Where Did the Money Go?" [3:05 ] A budget tells you what you need to hit your goals—but only if the numbers you're using to create it are right. [7:49] The three most important KPIs you need to track. [12:07] The two reports that allow you to track those three things. Cost of goods sold. [16:03 ] Who you need to help you figure out your financial situation. [20:40]...
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Should I or My Company Own the Building?
The 7-Power Contractor® Radio
Wondering if you or your business should own your building? Good question. Listen in for some ideas. Find more resources at . Notice to listeners: The information in this book, along with the forms and structures provided, are meant to serve as a helpful reference guide for the plumbing, heating, cooling, electrical, and other contracting industries. The host of and contributors to this podcast take no responsibility for compliance with the laws or regulations that govern your specific business. The responsibility for making sure everything is compliant (among other things) is 100 percent...
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You Need a Price Book
The 7-Power Contractor® Radio
You need your own price book, not someone else's. Don't believe me? Here's why... Find more resources at . Notice to listeners: The information in this book, along with the forms and structures provided, are meant to serve as a helpful reference guide for the plumbing, heating, cooling, electrical, and other contracting industries. The host of and contributors to this podcast take no responsibility for compliance with the laws or regulations that govern your specific business. The responsibility for making sure everything is compliant (among other things) is 100 percent yours. Before you...
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The Power of Time Tracking
The 7-Power Contractor® Radio
Do you know where your day goes? If you answer honestly, probably not. Start by filling out a time tracking sheet. You'll be surprised where your time is really going. Find more resources at . Notice to listeners: The information in this book, along with the forms and structures provided, are meant to serve as a helpful reference guide for the plumbing, heating, cooling, electrical, and other contracting industries. The host of and contributors to this podcast take no responsibility for compliance with the laws or regulations that govern your specific business. The responsibility for making...
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Job vs Career: Which Do You Offer?
The 7-Power Contractor® Radio
Do you offer a job or a career? Employees aspire to have a career, and they need to understand their opportunities for growth within your company. Show them their career path using your org chart. Find more resources at . Notice to listeners: The information in this book, along with the forms and structures provided, are meant to serve as a helpful reference guide for the plumbing, heating, cooling, electrical, and other contracting industries. The host of and contributors to this podcast take no responsibility for compliance with the laws or regulations that govern your specific business. The...
info_outlineSo, you have a hub shop with other satellite (spoke) shops. How do you run a spoke shop in the very best way? Here's where to begin.
https://7powercontractor.com/to-spoke-shop-or-not-to-spoke-shop/
Notice to listeners: The information in this book, along with the forms and structures provided, are meant to serve as a helpful reference guide for the plumbing, heating, cooling, electrical, and other contracting industries. The host of and contributors to this podcast take no responsibility for compliance with the laws or regulations that govern your specific business. The responsibility for making sure everything is compliant (among other things) is 100 percent yours. Before you implement any new information or forms, please check with your own trusted business advisers, including your own attorney, to make certain that the forms and the information you plan to implement will comply with all relevant laws, customs, and regulations.