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12 Common Mistakes Made When Selling a Business

12 Common Mistakes Made When Selling a Business

Small businesses are a mainstay of the American economy with 33.2 million small businesses in the U.S., according to the Small Business Administration. And business growth continues. The Census Bureau reported that  5.0 million new businesses were created in 2022....

How to Determine the Value of My Business 

How to Determine the Value of My Business 

Knowing the value of your business is important for many reasons, especially if you are looking to sell in the next few years. But you may be asking, "How do I determine the value of my business?" You should know a few things to help you figure it out.  A business or...

Should I Sell My Home Service Business? 

Should I Sell My Home Service Business? 

Once upon a time you ambitiously started a home service business. But circumstances have changed, so you may now be asking yourself, “Should I sell my home service business?” Owning and running your own business can be rewarding and deeply meaningful. So, the decision...

Will Your Home Service Business Allow You to Retire? 

Will Your Home Service Business Allow You to Retire? 

Retirement isn’t something that a young home service business owner thinks about when starting on the exciting path of entrepreneurship. Indeed, someone might say that an entrepreneur can’t retire. Rather, he/she just moves on to pursue new dreams and opportunities....

Causes of High Turnover in the Home Services Sector 

Causes of High Turnover in the Home Services Sector 

It has frequently been said that employees are the most valuable asset of every organization. That is true for small businesses in general that rely on a smaller workforce, and especially true for home service businesses. High turnover represents a loss of critical...

14 Ways Coaching Can Help Your Business Grow

14 Ways Coaching Can Help Your Business Grow

Running a home services business, or any small business, is no “cakewalk,” so it’s important to get all the help you can in order to succeed. Getting business coaching is a great way to maximize your company’s performance and realize its potential. Learn how it can...

10 Signs Your Home Service Business Isn’t Scalable

10 Signs Your Home Service Business Isn’t Scalable

Growing an enterprise in the home services industry can be challenging. An owner must define the business and find ways to differentiate it from similar competitors. In addition, there are staffing needs, operational needs, marketing needs, and financial needs to...