It's been said you must "spend money to make money." What about debt? Should painters borrow to grow the business? Here are my thoughts given what I've seen. What do you think?

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It's not a problem until it is... Struggling with business systems to handle this and other issues? Reach out! We're here to help with the franchise-grade tools you need to succeed in painting!

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A lot of painters have "emotional" feelings about hiring painters, but in the end it's all MATH and SYSTEMS! Don't miss our upcoming Hiring & Recruitment Bootcamp on March 5th 11AM-5PM. Reserve your seat at HiringPainters.com

1. Overview
a. Common Poverty-Inducing Myths
b. Inescapable Core Principles & Systems
c. The Simple Mathematics of 1 Painter
2. Common Poverty-Inducing Myths
a. Painters Are Overhead
b. There is a “Right Size” for Companies
c. Get Excited About Marketing/Sales, Indifferent to Recruitment/Hiring… you can’t generate demand without capacity!
d. All Emotions, No Math… MONEY is MATH
3. Inescapable Core Principles & Systems
a. By Labor Wholesale, Sell It Retail By the Hour
b. Production Rates
c. Charge Rates – Based on Market-Based Pay Rates & Burden
d. Field Controls – Ultimate Crew Leader Packet
e. Office Controls – Project Management & Scheduling
f. BONUS: Performance Pay or Saved Labor Bonus
4. The Simple Mathematics of 1 Painter
a. Client Reactivation, Retention, Sales Pre-Requisites
b. 25 + 35 = 30, 30 X 1.2 = 36 (Average Pay Rate – Subs or W2’s)
c. 36 X2 = $72
d. Gross Profit Contribution at 36 X 40 = $1,440
e. $1,440 X 4.2 = $6,048 per month (on budget)
5. 3 Key Questions
a. Do you understand the basics of the painting business?
b. Are you being a penny wise and a point foolish?
c. Sign up for the Hiring & Recruitment Bootcamp – HiringPainters.com, March 5th. It’s 3 payments of $499.

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