What Makes a Painting Company Financially Successful скачать в хорошем качестве

What Makes a Painting Company Financially Successful

In this episode of Price. Sell. Paint., Jon Bryant sits down with Daniel Honan, founder of Bookkeeping for Painters, to uncover the key financial habits that separate thriving painting companies from the rest. From pricing strategies and gross profit benchmarks to understanding your financial ratios and cash flow management, Daniel shares practical, data-backed advice from years of working exclusively with painters. Whether you're struggling with pricing, unsure if you can afford to hire, or just want to increase your profitability, this episode is packed with real-world insights to help you make smarter financial decisions and build a more sustainable painting business. Stay ahead of industry trends and learn how to build a more profitable and sustainable painting business. Subscribe now for expert discussions on sales, estimating, and pricing strategies in the painting industry → http://ow.ly/2P0250NqzMZ Quick Recap of Key Financial Benchmarks: 50% Gross Profit 15% Customer Acquisition Cost (Marketing + Sales) 15% Overhead (Admin, insurance, etc.) 15% Net Profit Production Rate Estimating: Estimate how many hours a job takes → Multiply by your charge rate → Add marked-up materials = Your price! ___ 🎧 LISTEN ON SPOTIFY: https://open.spotify.com/show/147p2UP... 🎧 LISTEN ON APPLE PODCAST: https://podcasts.apple.com/us/podcast... MORE FROM PAINTSCOUT Visit us online: https://paintscout.com Join our Facebook Community: http://ow.ly/QJG750LZNip Book a PaintScout Demo: http://ow.ly/7eKN50MPQgx FOLLOW Instagram:   / paintscout   Facebook:   / paintscout   TikTok:   / paintscout   ___ 00:00 – Introduction to Financial Success in the Painting Industry 06:20 – The Process of Analyzing Financials 11:46 – The Debate on Marking up Materials 17:40 – Compensation and Profit Margins 23:11 – Understanding Gross Profit Margins 28:42 – Subcontracting Models and Their Impact 36:55 – Benchmarking Top Preforming Painting Companies #PaintingBusiness #SalesStrategies #PaintingSales #PricePaintingJobs