I started a home cleaning business 3 years ago and it’s not profitable. It’s an easy entry business so there is too much competition and it’s difficult to differentiate in this type of business. Everyone claims they provide a quality service. The worst part is that most competitors are using low prices to compete-so a race to the bottom. Looking for advice on how to salvage this?
Read business podcasts and read books on how to grow your business. A lot of these guys are shysters, they are selling you a load of bullshit but you will find the ones that are good to follow after a short while. That’s what I have done and I brought in 1M in my first year of business and now I’m on target to do at minimum 2.5M this year, and we are growing like crazy so I would like to see the business bring in 10M this business year. A lot of it is from reading. I spend an hour every single day of the week reading, and I listen to business podcasts while I’m travelling in the car.