Painting business owners average 15-19% take-home pay from total revenue, but the speaker says aim higher: target the top 10-15% of earners in the industry instead of settling for average.
what is the ideal amount you should be making in your painting business? And I think a good starting point to understand this is to take a look at the benchmark data. What does the average painting business owner take home in their painting business? So the average, when we look at prior years, we have access to benchmark data for the painting industry. Taking a look at that data, the average painting business owner takes home between 15 and 19% of their revenue as profits. And salary for themselves. So that's just the average, and hopefully you're not just shooting for average. Hopefully you're shooting, you know, to be in the top 15% or top 10% of painting business owners.
What’s REALLY Holding Your Painting Business Back? (Find Your Bottleneck in 5 Minutes)
