28. The Number You're Afraid to Look At | Business Strategy cover art

28. The Number You're Afraid to Look At | Business Strategy

28. The Number You're Afraid to Look At | Business Strategy

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It is Friday, the schedule was full, your customers were happy, and there is still not enough in the account to cover payroll. If that gap makes your stomach drop, this one is for you. Ginny has a real, honest conversation about the money most service business owners were never taught to look at.

Here is the idea that catches hardworking owners off guard: profit is not cash. You can look profitable on paper and still miss payroll, because cash is the oxygen of your business, and it runs out in the gap between the money going out and the money coming in. Ginny walks through three simple habits that keep you breathing: a fifteen minute weekly cash check, separating the money that was never yours to spend, like sales tax and payroll taxes, and job costing so you know each job actually made money after materials and labor.

This episode is for owners in the early camps, the HVAC tech, the plumber, the appliance repair owner who is busy but not sure the work is paying. You will walk away able to answer one honest question: can I cover the next two payrolls, no matter what.

Turn on the lights, my friend. You are not the problem. Your altitude is.

And speaking of altitude, you can find out exactly where you are on the mountain by taking a quick quiz at outcomeacademy.com/findmycamp .

Thanks for listening to The Outcome Academy Podcast.

If you enjoyed this episode and want to keep learning how to work ON your business with systems, strategy, and practical tools, here are a few ways to stay connected:

Website: https://www.outcomeacademy.com/

Facebook: https://www.facebook.com/ginny.outcomeacademy

Instagram: https://www.instagram.com/ginny.outcomeacademy/

YouTube: https://www.youtube.com/@outcomeacademy

LinkedIn: https://www.linkedin.com/company/outcome-academy

If this episode was helpful, be sure to follow the show so you don't miss future conversations. If you know a local service business owner who could use this, share it with them.

Your outcome isn't a wish. It's a decision.

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