Founder, Renee O’Brien is a consultant, speaker and writer with over 15 years experience building and operating businesses, including her own 25+ employee service business. She uses her creative talents, ability to listen, and skilled business experience to energize leaders and teams, springboard businesses, and solve service business owner headaches.
A self-described "serial entrepreneur", in 1991, at age 23, Renee took a leap of faith and left her corporate job as a business consultant to form her own cleaning business. Starting with just $50, Renée sold her successful business just 8 years later after becoming the 2nd largest service in the region. One of the great skills that Renee likes to teach her clients is how she ran her business for two years before selling as an absentee owner, working less than 10 hours a week, and traveling more than 12 weeks a year.
Renee, a member of the Institute of Management Consultants has helped 1000’s of service business owners. She has had over 20 article published in trade and small business publications. She has spoken and conducted trainings for many groups including the Association of Residential Cleaning Services International, the Small Business Administration, Black Dollar Days Task Force, Junior Achievement, NW Small Biz Fair, Women’s Network for Entrepreneurial Training, Women Business Center, and numerous private organizations.
3 Expensive Secrets You Can’t Afford to Ignore
You Are Not Making the Big $$ Money That You Should – “A high percentage of businesses fail”, is what we have all heard. Some even say as high as 90%. However, I couldn’t find any statistics to actually back that up. What I did find was a study done by NFIB that says that over the lifetime of a business; 39% are profitable, 30% break even, and 30% lose money. To me, that is more powerful than failure! Working your rear end off and then only 39% are making money! And, that doesn’t even say a lot of money…just some profits. I think its sad but, true. 90% of the service business owners that I meet are not making the money that they should from their businesses. Working long hours, and never seeming to get in front of the eight ball, is the reality for many business owners. But it doesn’t have to be this way if you know what to do.
You Are Working Harder Then You Need To – Are you always out in the field, always fixing the problems, and wearing all of the hats? Then you are likely working too hard. There are tools to make this problem go away. And this problem is not restricted to small businesses, larger businesses experience it too. The problem is that hiring employees can help you do less work, but also bring about its own headaches. Declining quality, loss of owner control, client loss, and endless management stress can take the place of the physical field labor. But, not if you do it right. You can hire a staff and get your business to run itself. Employees that know what to do, do it with a passion and are loyal to your company for years. And, I can teach you how.
You Are Sitting On A Goldmine And You Don’t Even Know It – What’s your exit plan, and what is your business worth? Many owners don’t know, but what if I told you it was a diamond in the rough? Well it is. Unpolished your business may be worth less than $50,000, but with a few minor fine-tunings it could be worth 10 or 20 times that. What would happen if we took you out of the business? Would it survive? Could someone else step in and continue earning revenues without skipping a beat? Would customers still love the company, or would they abandon it as soon as you were gone? If your businesses is like most, without you the business would not thrive, or maybe even survive, and therefore the business has very little value at all. However, there are many assets in your company that I can help you develop so that the business would thrive in your absence, and your asset value will soar as your business becomes a sure thing.
If you are struggling with any of these secrets then I can help. I have helped many businesses solve these problems, and I would like to help you too.
The first step is FREE. So, if you haven’t done so already, sign up to receive FREE advice on growing your business through our weekly Ezine, Service Business Minute. You’ll get advice that you can use, as well as some nice free gifts to get you started right away.
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