#doorgrowshow - Property Management Growth
DGS 199: Why You Should Focus On Profitability In Your Property Management Business
- Autor: Vários
- Narrador: Vários
- Editor: Podcast
- Duración: 0:36:55
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Sinopsis
We recently learned that most property managers have an awful profit margin in their businesses. If you struggle with profit in your PM business, you won’t want to miss this. Join Jason and Sarah Hull from DoorGrow to learn about how to improve your business, team, and profit margin by making small improvements with BIG impact. You’ll Learn… [01:18] Why do property managers have bad profits? [05:11] You need a better team [07:06] How do you know if someone is the right fit? [14:09] Deciding if YOU are in the right roles [18:10] Why you need a strategic planning system [22:57] How to fix your team Tweetables “If you have team members you don't feel safe giving up a chunk of your business to run for you, it's because they don't share your values. And if they don't share your values, you'll never trust them.” “It doesn't matter how many doors you have or how few doors you have, you can have a really bad profit margin.” “The average profit margin for companies in the 50th percentile is only 1%.” “The easiest low-