Understanding when the right time to expand your business is critical to it's success.
So when Anthony Hunter form Plan B Plumbing Solutions in Melbourne Victoria, sent me an email asking me to cover the topic in an episode, I called on two of the most experienced people I know.
Al Levi (The 7 Power Contractor) and Ellen Rohr (The Plumbers Wife).
Both Al and Ellen have appeared on the podcast before and each time they come on the show, the ratings soar. Also, their giveaways have received some of the most downloads so far, so be sure to get a hold of them at the bottom of this page.
Here are the links to Al and Ellen's previous podcasts in case you missed them. They're good. Like, seriously good.
Ellen Rohr Series - Business Uncomplicated
Al Levi series - Powering Your Business with The 7-Power Contractor Approach
Al Levi series - Why Most Family Businesses Don’t Work
The question"When is the right time to expand? When the work is there, or during the planning phase".
To give you a bit of background on the question, Anthony is trying to create an exit strategy in his business, so he's trying to get the right people in the right place to that he can phase himself out of the operations. Pretty smart move. Probably something we all should invest more time into.
At the end of the day, if your business doesn't have systems in place, it makes it very hard for someone to acquire it. If everything is in your head, now would be a good time to start getting it out of your head and documenting the things that you and your staff instinctively do on 'auto pilot'.
Why I asked Al and Ellen on this showBoth Al and Ellen have had extensive experience in knowing when the right time to expand a business is. If you go back and listen to Al's podcasts, you'll hear him talk about the family business he grew up in in New York and the systems that he created which later formed the foundation of The Seven Power Contractor methodology which he teaches at his company, Appleseed Business.
Ellen in her own right has also worked with organisations all over the USA to help them grow their businesses.
Your Next Step:
Join Tradie Academy, our free community packed with templates, checklists, and resources shared by podcast guests, coaches, and successful tradies.
👉 Join free and grab your next growth tool here: https://tradie.wiki/pod
Follow The Site Shed:
If you enjoyed this podcast and the series, please take 5 minutes to leave us a review:
⭐ https://lovethepodcast.com/TheSiteShed
Love the audio version of this podcast? Subscribe to the link below:
⭐ https://followthepodcast.com/TheSiteShed
