On this week’s episode of Contractor Radio, we pull a golden gem out of the Contractor Radio Archives . In this episode originally aired in season 3 of Contractor Radio, Jim lays out things he wished he knew when he was running his own contracting business. Instead he had to pay in the “education tax” in order to learn these lessons and doesnt want home service contractors to have to face many of the issues he did. He breaks down the top 5 areas where he (and other contractors make mistakes.

Production:
-Create a Safe Workplace or pay the price.
-The Importance of managing warranties.
-Workmans compensation and injuries on the job.

Legal and Contracts:
-Make sure you have policies regarding employment and subcontractors in writing from subcontractors to salespeople including terms of employment, payment structure, and insurance.

Insurance Coverage:
Make sure you know what insurance policies you have and take in to account any exclusions and other terms of the policy.

Finance:
-How to get and manage a line of Credit through banks, credit unions or suppliers.
-Make sure you pay yourself and know your margins.
-Keep up with your taxes, find a construction specific CPA and put checks and balances into place.

Business Organization:
-What type of company structure are you going to set up.
-New construction business vs. Retail business and what might be right for you.
-How to narrow your focus from broad array of services to just a few key services you - and your team is are great at.
-Be cautious of nepotism and hiring family
-Consider looking into setting up a holding company.

If you are new to business, or a seasoned pro, this episode is sure to have some advice for you to help you take your home service business to the next level and avoid issues that may arise from lack of knowledge.

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Get a Free Assessment of your business here: https://bit.ly/CTR-podcast

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The host of Contractor Radio, Jim Johnson, is also a best selling author! Get his book here so you can get control, grow and achieve freedom: Click Here for Contractor's Blueprint

In this week's episode Jim has a great conversation with CRO of AVCO Roofing Ronnie Lollar. AVCO has been a long time client of Contractor Coach PRO and in today's episode Ronnie and Jim try to dissect what it takes to be a resilient leader in the roofing industry and the importance of staying the course, both on a company level and on an individual basis. In this episode you will hear from Ronnie on a variety of topics including:

--Transitioning from a sales leadership role to a C level position.
--Trusting yourself and your people enough to fail.
-- Setting yourself up for success by having a healthy routine.
--The importance of scheduling family time and time with others in your company.
--Hiring based on your company's culture and the consequences when you stray from that.

Check out MOMNT: https://pages.momnt.com/contractorcoachpro
Get a Free Assessment of your business here: https://bit.ly/CTR-podcast

Follow us on social media!
Facebook: https://www.facebook.com/contractorcoachpro
Youtube: https://www.youtube.com/c/ContractorCoachPRO
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Podcast Facebook: https://www.facebook.com/contractorradio
TOP REP Facebook: https://www.facebook.com/topreptraining

The host of Contractor Radio, Jim Johnson, is also a best selling author! Get his book here so you can get control, grow and achieve freedom: Click Here for Contractor's Blueprint

In this episode of Contractor Radio, Jim sits down with one of the true legends in business coaching, Michael E. Gerber author of over 35 books including "The E-Myth Revisited: Why Most Small Businesses Don’t Work and What to Do About It", and founder of "The EMyth Coaching Program that has propelled thousands of people from technician to business owner. Some key takeaways in this episode are:

-Michael's 8 fold plan that every business must follow to succeed in business.
-How all great impactful companies begin by understanding and building their dream.
- Why create results
- What exactly is "The Dreaming Room"
- Michael's offer for you, the listener, to be part of the 22 person session alongside Jim and Michael.

"The difference between a personal dream and an impersonal dream is meteoric"
- Michael Gerber

Check out MOMNT: https://pages.momnt.com/contractorcoachpro
Get a Free Assessment of your business here: https://bit.ly/CTR-podcast

Follow us on social media!
Facebook: https://www.facebook.com/contractorcoachpro
Youtube: https://www.youtube.com/c/ContractorCoachPRO
Instagram: https://www.instagram.com/contractorcoachpro
LinkedIn: https://www.linkedin.com/company/contractorcoachpro
Podcast Facebook: https://www.facebook.com/contractorradio
TOP REP Facebook: https://www.facebook.com/topreptraining

The host of Contractor Radio, Jim Johnson, is also a best selling author! Get his book here so you can get control, grow and achieve freedom: Click Here for Contractor's Blueprint