Owned and Operated - A Plumbing, Electrical, and HVAC Business Growth Podcast
The Owned and Operated electrical, HVAC, and plumbing business growth podcast is hosted by John Wilson and Jack Carr. These two Home Service Business owners bring you weekly podcasts and daily content with multiple perspectives, actionable advice, and info on an ever-changing industry revolving around advertising, lead generation, and more.
Join us every Tuesday for topical conversations that unlock the potential for your business growth. Covering topics from top-tier talent recruitment to mastering marketing strategies and scaling your home service business, the podcast aims to be your guide on the path to entrepreneurial success.
For more information, visit www.ownedandoperated.com.
Owned and Operated - A Plumbing, Electrical, and HVAC Business Growth Podcast
Double Your Profit Day #24 Cash Flow Secrets Every Business Owner Should Know!
Welcome to Day 24 of the Double Your Profit Series
The go-to series for contractors, home service owners, and small business entrepreneurs.
Today we’re diving into one of the most important — and often most confusing — financial topics in business: Cash Flow.
It’s the reason so many owners scratch their heads at year-end when their accountant says, “Congrats, you made a profit,” but the checking account feels empty. That gap? That’s cash flow.
🧠 Why Cash Flow Matters
There’s a huge difference between net profit on paper and the cash in your bank account. Cash flow explains what happened in between. Without understanding and managing it, you risk being “profitable” on paper but broke in reality.
💡 What You’ll Learn in This Episode:
The three key financial reports every owner must know: Profit & Loss, Balance Sheet, and Statement of Cash Flows
How to read the Statement of Cash Flows to see where your money actually went
💸This Episode is Brought to You by CFO Made Easy
Built a strong trades business? Let’s take it to $10M and beyond. CFO Made Easy offers part-time CFO services for home and trade service businesses—helping you boost cash flow, maximize profit per tech, and make clear growth decisions.
📈 Free Offer: Book a 45-min Financial Insight Session to uncover growth blockers.
⚙️ The Big Picture
Profit is theory. Cash is survival. If you don’t track it, optimize it, and protect it, you’ll always wonder where your money went. By forecasting ahead, negotiating terms, and stacking reserves, you give your business stability — and the freedom to grow without fear of running dry.
🔥 Think of this episode as your playbook for turning paper profit into real cash in the bank.
📚 Keep Learning
More Ways To Connect with O&O
John Wilson, CEO of Wilson Companies
Jack Carr, CEO of Rapid HVAC
📌 Disclaimer: Some links may include UTM parameters or affiliate relationships, meaning we may earn a commission if you make a purchase. Episodes may feature sponsors, but all opinions expressed are our own.