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More Profit Less Stress Podcast
Forzani Business Education
22 episodes
2 days ago
What if everything you believe about building a profitable & valuable business was wrong? Dennis and Greg, with 55+ year’s experience helping business owners get more profit and less stress, reveal how most people are building a business that will fail. • Avoid mistakes that crush your business’s value • Master strategies for higher profits & less stress • Create a company that thrives without you and sells for top dollar Whether you’re selling soon or planning ahead, this podcast is your wake-up call to get More Profit with Less Stress From your Business and turn it into a Valuable Asset.
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Business
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What if everything you believe about building a profitable & valuable business was wrong? Dennis and Greg, with 55+ year’s experience helping business owners get more profit and less stress, reveal how most people are building a business that will fail. • Avoid mistakes that crush your business’s value • Master strategies for higher profits & less stress • Create a company that thrives without you and sells for top dollar Whether you’re selling soon or planning ahead, this podcast is your wake-up call to get More Profit with Less Stress From your Business and turn it into a Valuable Asset.
Show more...
Business
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How to build a successful franchise #thepinkwandcleaningservices #cleaningfranchise #businesscoach
More Profit Less Stress Podcast
1 hour 1 minute 49 seconds
2 weeks ago
How to build a successful franchise #thepinkwandcleaningservices #cleaningfranchise #businesscoach

In this episode, Greg Forzani and Dennis Taekema interviewJacqui and Erin from the Pink Wand Cleaning Services. They discuss the journey of transforming a small cleaning business into a successful franchise operation. The conversation covers the importance of business coaching, understanding profit and numbers, breaking out of comfort zones, and the significance of change in business. Jacqui and Erin share insights on franchising, the role of franchisees, and the importance of building a supportive culture. They also provide valuable advice for potential franchisees and business owners looking to improve their operations.

Takeaways

-             The Pink Wand Cleaning Services offers bothcommercial and residential cleaning services.

-             Jacqui and Erin emphasize the importance ofbusiness coaching for growth.

-             Understanding profit and tracking numbers iscrucial for business success.

-             Breaking out of comfort zones is necessary forgrowth and change.

-             Change is essential for business improvement;complacency can hinder success.

-             Franchising can be a successful model if theright support and systems are in place.

-             Franchisees should be vetted thoroughly toensure they align with company values.

-             Building a supportive culture among franchiseesleads to overall success.

-             Tracking leads and understanding financials arekey to profitability.

-             Business owners must be willing to make changesto improve their situations.

 

Chapters:

00:00 Intro & Welcome to Pink One Cleaning Services

01:15 What is “Pink Wand”?

02:40 Jacqui & Erin’s Roles + 5 Years in the Program

03:30 Life Before Coaching: Searching for the Right Fit

05:20 First Aha Moments & Early Overwhelm

06:45 Pre-Coaching Number Tracking (or Lack Thereof)

08:10 “More In-Depth” Means Granular Costing

10:30 Example: Raising Rates & Factoring True Costs

12:00 Getting Out of the Comfort Zone

14:20 Habits to Avoid Plateauing

16:40 Making Yourself Uncomfortable = Growth Signal

18:15 Franchisee Response to Changes (e.g., Rate Hikes)

20:50 Advice for Prospective Franchise Buyers

23:30 What Pink One Looks for in Franchisees 

27:00 Corporate Today: 40–45 Team Members, 3.5 Office Staff

29:10 Profit Growth Since Coaching

30:45 Advice to Stressed Owners: Get a Coach, Get Granular,Be Accountable

33:20 Turning Fires into Systems

36:00 Life Now: Thriving HQ + Franchisees, Less Stress, MoreFun

38:30 Team Perception of the Transition

40:15 Measuring True Profit: Actualized EBT

42:00 Most Owners at 4–7%; Franchisees Often Break EvenAfter Royalties

44:30 Why Cleaning Franchise + Pink One Model Works

45:40 Advice When Hiring a Cleaner 

46:30 Territories Covered

47:20 Wrap-Up & Thanks

48:00 Fun Lightning Round 

Hosts are Greg Forzani and Dennis Taekema.

Our guests are Jacqui Jepson and Erin Paolucci with The Pink Wand Cleaning Services www.thepinkwand.com .

 

Subscribe for more business growth tips!

Don’t forget to like and share with fellow entrepreneurs!

Visit our websitewww.forzanibusinesseducation.com to learn more about our tools and programs designed for More Profit and Less Stress in your business so you can turn it into a Valuable Asset.

— Follow Us —

Instagram: / forzanibusinesseducation

Facebook: / forzanibusinesseducation

Twitter: https://x.com/GregForzani

— Business Training Programs —

 www.forzanibusinesseducation.com/programs

— Apply for a FREE Business StrategySession —

www.forzanibusinesseducation.com/FS

 


 

More Profit Less Stress Podcast
What if everything you believe about building a profitable & valuable business was wrong? Dennis and Greg, with 55+ year’s experience helping business owners get more profit and less stress, reveal how most people are building a business that will fail. • Avoid mistakes that crush your business’s value • Master strategies for higher profits & less stress • Create a company that thrives without you and sells for top dollar Whether you’re selling soon or planning ahead, this podcast is your wake-up call to get More Profit with Less Stress From your Business and turn it into a Valuable Asset.