How I Built A Home Service Company
Webinar details
We will explore how savvy operators found gaps in the specific home service offerings in their local market and launched proven brands to fill that demand. Business owners who have built successful companies will delve into the nitty girtty of how to become an owner of a home service company.
Home Service companies might be unsexy but they are recession-proof and can be engines for creating wealth. We would go over the step by step process operators use to identify the right business opportunity, finance the startup costs, get their first customers and hire the right early employees.
We would also be exploring how they then approach scaling to multiple territories once they get the initial location cashflowing.
What will you learn?
- How to pick the right concept for your situation
- How to get equity and debt financing
- What roles to hire for and what roles to do yourself
- How to get your first customers
- How to make key early hires
- How to scale to multiple locations
- What a day in the life of an owner is like
Topics covered
- Financial Modelling
- Budgeting
- Sales
- Hiring
- Managing employees
About the speaker
Mr. Appliance of West LoopOpen profile
Chevonne Woodard is the Operator and Manager of Mr Appliance of West Loop, a dynamic force in the world of appliance and electronics. In 2000, she embarked on a journey as an Appliance and Electronics Clerk at A&E Signature Service, gaining hands-on expertise in fixing everything from kitchen gadgets to cutting-edge electronics.
Her story isn’t just about technical prowess; it’s about a commitment to excellence. Armed with a Certificate in Basic Electronics from the US Navy, she possesses not only technical skills but also a keen sense of precision.
Fast forward to 2022, and Ms. Woodard spots a gap in Chicago’s service landscape - a need for repairs that go beyond the basics. Enter Mr. Appliance of West Loop, not just a repair service but your go-to partner for reliable knowledgeable, and courterous assitance.
For Ms. Woodard, it’s more than a business; it’s a passion. Mr. Appliance of West Loop isn’t just about fixing your appliances, it’s about leaviing you with devices that shine at their best. It’s not just about completing the job; it’s about getting the job done right.
At Mr Appliance of West Loop, Chevonne and her team aren’t just repair experts, they’re your trustworthy companions. Honest, upfront and professinoal service isn’t just a promise; it’s a commitment tailored to you. It’s not just about fixing things; it’s about making your life a little smoother. Because at Mr. Appliance of West Loop, they deliver not just repairs but an experience that leaves your smiling.
Mosquito Joe of Andover-Peabody
An incisive, results driven executive with a unique combination of experience in investment management and corporate financial/operations management leading to an exceptional ability to identify value creation strategies and execute to superior results. Key strengths include:
*Financial management ROI focused CFO experience improving balance sheet and performance through fundraising, budgeting, FP&A, forecasting and capital structuring.
*Investment management experience with debt, real estate, equities, SPAC’s and high-yield across multiple sectors with particular depth in distressed debt, workouts, liquidation, bankruptcy and valuation.
*General/operations management partnered with the CEO to more than double sales and improve EBIT margins, improving manufacturing, logistics, inventory and supply chain management, systems and technology.
*Problem-solving an incisive analyst able to discern key actionable information, solve complex problems and execute to create core value.
*Leadership excellent relationship building and communications skills building high-performance teams of up to 40 employees.
*Professional profile competitive, incisive and results focused with superior work ethic, delivering excellent results across a range of settings.
Neighborly BrandsOpen profile
Brian is the Group Vice President of Franchise Development at Neighborly, overseeing brands like Mr. Rooter Plumbing, Mr. Electric, and Mr. Appliance.
With a background in finance and strategy at PepsiCo, AT&T, and Motel 6, he is also a strong advocate for diversity and inclusion.
Woods holds a BBA from the University of Michigan and an MBA from the University of Texas at Austin.
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