Greg Crabtree - How To Escape The Business Black Hole of Growth

Season 2, Episode 9 of the Owner Occupied podcast with Peter Lohmann & special guest Greg Crabtree. In this episode we discuss: (00:00) - Introduction (01:35) - Greg’s career and Background (08:40) - What do you think it is about the Simple Numbers approach that has resonated so much with people in Property Management? (11:43) - What are some common mistakes you see small business owners making that can be easily fixed? (16:27) - Why are you a proponent of not playing games to save money on taxes? (21:16) - Second Nature Ad Read (23:10) - The importance of having an emergency fund (25:24) - How does ROIC work in practice? (Return on Invested Capital) (33:52) - The ‘Black Hole’ between $1mm-$5mm in revenue (42:16) - Appfolio Ad Read (43:44) - The Labor Efficiency Ratio (51:17) - Thoughts on the current labor shortage, inflation, the population crisis, & raising prices (01:02:46) - When does it make sense to bring your finance function in-house? (01:06:35) - Where’s the best place for people to learn more about you? Learn more about Greg Crabtree & how to connect with him here: Greg on LinkedIn CRICPA.com Entrepreneurs Organization Simple Numbers by Greg Crabtree Simplenumbers.me The Struggle to Reverse a Shrinking Population ProfitCoach Learn more about Peter Lohmann & how to connect with him here: Follow Peter on Twitter Join Peter’s Newsletter Visit Peter’s Website RL Property Management