How Job Costing Became My Secret Weapon

Wondering why your restoration business isn't as profitable as you'd like? I've been in your shoes. The solution that turned things around for me? Job costing. In this video, I'll explain why this could be the game-changer you need.

I’m Scott Miller, founder of Thegrowthleague.com. Through these videos, I aim to help restoration business owners build a profitable, sellable business. Interested in diving deeper? Feel free to reach out for a chat after watching this video.

When I first started, it was just me: handling sales, doing the work, and chasing profits. Profits looked good, but as my team grew, the financial picture became less clear. That's when I discovered the power of job costing.

1. Precise Financial Insight: Job costing eliminates guesswork. It’s like shedding light on your financials. You'll see exactly where your money is going, making it easier to identify and solve issues.

2. Unified Goals: This is where the real change happens. When the whole team, from the owner to the newest hire, understands and is committed to our goals – which go beyond profit to quality work and customer satisfaction – you’ll notice a newfound dedication. It’s about taking pride in our work.

3. Today’s Profit, Tomorrow’s Value: Steady profits benefit everyone (owner, team members and your customers), ensuring the business is robust and ready for any challenges. Plus, as your profitability increases, so does your business’s value. When it’s time to sell, you’re not just reaping the benefits of today’s work but also the strategic groundwork you've laid.  

Implementing job costing is straightforward, but it requires diligence. You need to track every expense meticulously.

Feeling unsure about where to start? I'm here to guide you. If you think it's time to take your business to the next level, let's have a conversation. Click the link below to begin transforming your business into the success story it should be, with practical, no-nonsense advice on improving your financials.