Insights

Spotting Hidden Costs: Four Ways to Reclaim Profit in Your Business

Spotting Hidden Costs: Four Ways to Reclaim Profit in Your Business

Spotting Hidden Costs: Four Ways to Reclaim Profit in Your Business In today’s blog, we’re looking into an important aspect for home service businesses: *hidden costs*. These are those expenses that might seem minor but can add up significantly, draining your business’s profitability over time. Identifying and managing these costs can help you reclaim profit without […]

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Case study: how Steve turned his struggling HVAC business into a profitable, stable operation using 4 cash flow strategies

Case study: How Steve turned his struggling HVAC business into a profitable, stable operation using 4 cash flow strategies

Case study: How Steve turned his struggling HVAC business into a profitable, stable operation using 4 cash flow strategies Steve owns a small but growing plumbing company that has been operating for three years. As the sole owner and manager, Steve is dedicated to growing his business but is wearing so many hats right now he

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Back to Basics: Why Knowing Your Profit is Essential for Your Business

Back to Basics: Why Knowing Your Profit is Essential for Your Business

Why Knowing Your Profit is Essential for Your Success Welcome to the Nail the Numbers blog!   I’m Kerry Postel, the proud owner of Abacus Business Solutions, where our mission is to help business owners know, understand, and trust their numbers. Today, we’re taking a step back to revisit the basics and discuss a topic

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Mastering the Multitask: A Business Owner's Guide to Sanity

Mastering the Multitask: A Business Owner’s Guide to Sanity

Mastering the Multitask: A Business Owner’s Guide to Sanity Hello, fellow entrepreneurs! Let’s dive into a topic that hits close to home for many of us: the multifaceted role of a business owner. Picture yourself seamlessly transitioning from finance to customer service, then to marketing, all before lunch. It’s a familiar scenario for us, the

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Building a Reserve Fund: Your Business's Safety Net

Building a Reserve Fund: Your Business’s Safety Net

Building a Reserve Fund: Your Business’s Safety Net In the unpredictable world of home service businesses, having a reserve fund isn’t just good practice—it’s essential for survival and growth. Much like a safety net under a tightrope walker, a reserve fund provides financial security and peace of mind, allowing you to navigate through unexpected challenges

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How Adding More Services Can Grow Your Home Service Business

How Adding More Services Can Grow Your Home Service Business Hello, fellow business owners! Today, we’re talking about a game-changing strategy for your home service business: adding more services. Think of your business like a Swiss Army knife. The more tools it has, the more useful it becomes. Diversification, or adding different services, can turn

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