20 min listen
#123 - Overselling, Whiplash, and Capacity: Optimization in Home Service Businesses
FromOwned and Operated - A Plumbing, Electrical, and HVAC Growth Podcast
#123 - Overselling, Whiplash, and Capacity: Optimization in Home Service Businesses
FromOwned and Operated - A Plumbing, Electrical, and HVAC Growth Podcast
ratings:
Length:
39 minutes
Released:
May 21, 2024
Format:
Podcast episode
Description
In this episode of Owned and Operated, hosts John Wilson and Jack Carr share insights from running a home service business specializing in residential plumbing, HVAC, and electric growth, in podcast form. This week, the two talk strategies for managing capacity and fulfillment to keep up with sales, with the importance of focusing on core services for optimization, and setting up efficient business models to drive growth. Don’t let May whiplash get you into a bottleneck!00:00 Welcome to Owned and Operated: A Home Service Business Deep Dive00:28 Exclusive Service Scalers Promo: Boost Your Business00:51 The Dream Team: John Wilson and HVAC Jack01:25 Navigating Business Challenges: From Whiplash to Winning Strategies04:38 The Power of Accountability and Training in Business Recovery09:19 Unlocking Hidden Revenue: The Impact of Optimizing Service Options17:35 Sustaining Success: Implementing New Compensation Structures18:07 From Disaster to Triumph: The Springboard Effect of a Challenging Month19:37 The Capacity Conundrum: Overselling and Its Implications20:00 Understanding Sales and Fulfillment Dynamics20:21 The Impact of Fulfillment Delays on Cash Flow21:00 Navigating Capacity Challenges in Residential Services22:00 Strategic Adjustments to Manage Backlogs22:16 The Perils of Overcommitting in Service Businesses22:59 Optimizing Operations by Focusing on Core Services26:09 Balancing Capacity and Demand in Busy Seasons26:58 Maximizing Revenue Through Operational Efficiency30:58 Preparing for Growth and Managing Expectations37:14 Reflections and Future PlansEpisode Host: ?John Wilson: @WilsonCompanies on TwitterJack Carr: @TheHVACJack on TwitterCassi Niekamp: @cassiniekamp on TwitterSpecial thanks to our sponsor: Service Scalers: ?Looking to scale your home service business? Service Scalers is a digital marketing agency that drives success in PPC and LSA. Discover more growth strategies by visiting Service Scalers: https://www.servicescalers.com/Send us a Text Message.Contact the Owned and Operated plumbing, HVAC, and electrical growth podcast www.ownedandoperated.com info@ownedandoperated.com *Review us on Apple Podcasts*More Ways To Connect The Owned and Operated YouTube channel The Owned and Operated Weekly Insights Newsletter (Twice A Week)
Released:
May 21, 2024
Format:
Podcast episode
Titles in the series (100)
#01 - Brandon's $325K High School Landscaping Business by Owned and Operated - A Plumbing, Electrical, and HVAC Growth Podcast