Episode 298 - How to Make More Money with Your Plumbing Business

How can you make more money in your plumbing business? No more one step up and two steps back. Or the harder your work, the less you make. I share three easy things you can do to put more money in the bank. And you can start doing these things today.💸  Timestamps: (2:07) It costs money to be in business, so you need the right amount coming in to make a profit. (8:32) Stick to residential service plumbing. (13:38) Cash flow is king. (15:46) Nix the “broke-fix” mindset. Give your customer 3 options (good, better, best). (18:17) 80% of your customers will go with the middle option. (22:30) You have to know your worth. (25:25) A challenge for you that will easily make you $2000 more each month. → Grab my FREE Million Dollar Plumber Blueprint learn how to build a secure and profitable plumbing business to make more money and live a life you love: https://www.plumbingbusinesssuccess.com/blueprint → Join my Million Dollar Plumber Success Academy where I teach you the BUSINESS of plumbing.  Grab a 14-Day FREE trial now: https://www.plumbingbusinesssuccess.com/success LEARN MORE and CONNECT with us: ◆ Website: https://www.themilliondollarplumber.com ◆ Facebook: https://www.facebook.com/themilliondollarplumber ◆ Instagram: https://www.instagram.com/themilliondollarplumber/ ◆ YouTube: https://www.youtube.com/channel/UC0Fh1HN4RvOw2hMk9n5PysA Check out more Power Tools for your business: ApplicantPro is the ultimate hiring solution for plumbing companies to increase applicant flow, skillfully screen and select candidates, and make quality hires without breaking the budget. No IT or HR team required.  https://www.applicantpro.com/mdptrial/ Save $500 On A Logo/Vehicle Wrap Package With The Million Dollar Plumber Discount!  KickCharge Creative is a team of creative experts with experience building brands and bringing them to life in amazing vehicle wraps, informative collateral, powerful web design and smart digital marketing campaign.  Get more info here: https://www.plumbingbusinesssuccess.com/kickcharge ServiceTitan is the world’s leading all-in-one software for commercial and residential HVAC, plumbing, electrical, and other field service businesses.  Mention Million Dollar Plumber to get a HUGE discount!  https://www.plumbingbusinesssuccess.com/servicetitan Get Google Verified with SearchKings, a Google Premier Partner and get The Million Dollar Plumber discount.  http://bit.ly/mdp-searchkings Gusto makes it easy to onboard, pay, insure and support your hardworking team.  Check it out here: http://bit.ly/2KnltUW