Ep 23: Mastering Financial Decisions in Your Trade Business with Blue Collar Advisors

In this episode I sit down with Paul Maskill, the founder of Blue Collar Advisors, to delve into the vital role of financial management in trade companies. Paul shares his journey from leaving corporate banking in 2010 to successfully scaling and selling four service-based businesses. We focus on the importance of understanding financial numbers over emotions, especially for businesses grappling with cash flow issues and the myth that more revenue solves all problems. Paul introduces a handy resource, a price calculator available at bluecollaradvisors.com/price, which helps businesses set accurate pricing by considering all necessary costs. We also discuss the benefits of utilizing fractional services, like CFOs and COOs, to streamline operations and improve financial health without the need for full-time hires. This episode is packed with actionable insights aimed at helping business owners make data-driven decisions to ensure their operations thrive.Don't miss out on our next episode! Click here to stay in the loopFor our Spotify ListenersFor our Apple Listeners