<p>FInance is where you'll find help on common accounting and tax issues in the residential cleaning industry. </p>
When planning for the year, it's helpful to know how to calculate the average revenue per employee.When you're putting together your plans for the upcoming year, one of the metrics you're going to want to know and track throughout the year is your average revenue per employee. If you plan on bringing on new accounts [...]
Three metrics can illuminate ways to boost customer retention and sales, and to reduce the cost of running your business.The top two questions that lead every consultation at the beginning of the new fiscal and calendar year in my consulting business are, “What should I be measuring in my business?” and “What goals should I [...]
Quick cash flow solutions just might turn into attractive pre-sales for the coming year.Like most businesses - small and large - you're experiencing cash flow highs and lows during the holidays. Here are 10 ways to help manage the slumps: Stay Motivated Defer Founders' Compensation temporarily Offer Annual Discounts to customers who pay for a [...]
Businesses with 50 or fewer total aggregate employees don't have to offer health insurance plans, but SHOP tries to make it easier and more affordable for them to do so.Cleaning Business Today has previously shared several articles about the effects of the Affordable Care Act on the
In this Key Performance Indicator, we calculate the possible effects of a rate increase. As the cost of doing business continually goes up, we want to make sure that what we're charging for our services goes up accordingly. There's always a concern with a rate increase that we might lose customers. So it's important to [...]
While many business owners use bartering as a way to pay for essential and premium business services and tools, the real value in bartering may be the access to a ready-to-use (RTU) referral network and cash-paying customers.Bartering Defined: Exchange goods or services for other goods or services, without using money. A Simple Example of [...]
Tom Stewart goes deeper into measuring revenue with this Key Performance Indicator video about how to calculate revenue based on a 52-week moving average.Measuring your revenue can be misleading because of seasonal fluctuations. Previously I showed you how to use a 12-month moving average to show how you can get a clearer picture of how [...]
With pending changes to healthcare in the United States, it’s no wonder Worker’s Compensation insurance for businesses is becoming harder to acquire and afford. Theresa Peterson has been working in the residential cleaning industry for twenty-seven years. Her company, “Maid to Order,” is located in the San Francisco Bay area of California. In all those [...]
Take it from a trade show veteran – as a vendor and a visitor – and plan carefully. Find out who I’m planning to see, how I’ll shop and what I’ll do before I ever get on the plane to Las Vegas.ISSA – the worldwide cleaning industry association has their annual trade show on November [...]
Picking an employee structure and legal business structure for your cleaning business isn’t a game of chance or a quick, casual decision. Be sure to consider the record keeping, attorney’s fees, and tax filing requirements before you set up your business. If you’re interested in starting a residential cleaning business, I have few [...]
