Daniel HonanFounder, Profitable Painter CPA PLLC · I help painting contractors increase profits & cash flow while reducing taxes♦ Bookkeeping ♦ Tax

Painting Biz Owners: Knowing the critical key step prior to your first hire.

Name: Painting Biz Owners: Knowing the critical key step prior to your first hire.
Uploaded: 2024-03-06T16:15:02+00:00
Duration: 39 s
Channel: Daniel Honan
Description: In this brief dialogue, two speakers discuss the essential preparations a painting business owner should complete before hiring their first production…

6 Mar 2024 · 1 min

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In this brief dialogue, two speakers discuss the essential preparations a painting business owner should complete before hiring their first production manager. They define a "process" as a checklist or written/recorded how‑to that can be followed by a new hire. The conversation emphasizes three concrete steps: (1) documenting clear processes, (2) creating a detailed job description and a performance scorecard that measures quality and efficiency, and (3) confirming that the business’s gross margins are strong enough to support the additional salary. These elements together ensure the new manager can start effectively and the hire remains financially sustainable.

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If you, you've never had to build processes before, when people say process, what the heck does that mean? I think you nailed it with, it's a checklist, it's a written how-to, recorded how-to that someone else can take and then just follow it and accomplish what, what you want it to accomplish. So having that job description, the scorecard that measures quality and efficiency, then having the set of processes for them to take and get started with in their job. Is there anything else that we should be thinking about before making first hire for production manager?
I got one. In the mindset of being a profitable painter, you need to make sure gross margins are good enough to be able to handle a production manager.