Profitable Painter Podcast

Send us Fan Mail What are the 4 hires that build a $10M painting business without building yourself a bigger job? In this episode, I break down the four leadership seats I build toward: sales, marketing, operations, and finance. I explain why owners between about $1.5M and $4M end up managing everyone themselves, then walk through an example base pay and bonus plan for a sales manager, marketing m...

Send us Fan Mail Going from $500K to $1.5M usually means going from referrals to paid leads. Those leads are colder, cost more, and are harder to close.  New episode with Brandon Pierpon t from Painter Marketing Pros : Stage 2 of growing a painting business. Know Your Numbers & Save Big in Taxes, Daniel Honan, CPA Every episode is made for painting business owners. Follow the show so the next...

Send us Fan Mail After my first year running a painting business, I was worse off than when I started. Over the last 10 years, I’ve worked with more than 600 painting businesses , and I keep seeing owners make the same mistakes I made. In this episode, I share 7 lessons I’d want you to know before you spend another year growing, from pricing and taxes to hiring, cash flow, and building your team....

Send us Fan Mail Learn how I would scale a $10M painting business if I had to start over . It starts with profitable jobs, enough cash, and a customer acquisition cost that supports growth before you hire. Know Your Numbers & Save Big in Taxes, Daniel Honan, CPA Every episode is made for painting business owners. Follow the show so the next one downloads automatically. WANT ME TO LOOK AT YOUR...

Send us Fan Mail Learn how to apply Alex Hormozi’s growth strategies to a painting business by evaluating gross profit, customer acquisition costs, and service profitability before scaling. Know Your Numbers & Save Big in Taxes, Daniel Honan, CPA Every episode is made for painting business owners. Follow the show so the next one downloads automatically. WANT ME TO LOOK AT YOUR NUMBERS? Join 60...

Send us Fan Mail If I had to grow a painting business to $500K from scratch today, here's what I'd do. Brandon Pierpont from Painter Marketing Pros and I walk through the money side and the marketing side of that first stage. Know Your Numbers & Save Big in Taxes, Daniel Honan, CPA Every episode is made for painting business owners. Follow the show so the next one downloads automatic...

Send us Fan Mail Want to raise your painting prices but worried you'll lose money if you lose a few jobs? In this episode, I break down how to raise painting prices without losing money. We test an increase that adds more dollars to the average job, see what it does to your close rate, and find how many jobs you can afford to lose before it stops paying off. Know Your Numbers & Save Big i...

Send us Fan Mail Learn the 4 stages of a Painting Business, from startup to $3M+, and the financial tests to pass before scaling, hiring, increasing marketing spend, or building a company that can run without you. Know Your Numbers & Save Big in Taxes, Daniel Honan, CPA Every episode is made for painting business owners. Follow the show so the next one downloads automatically. FREE BOOK FOR PA...

Send us Fan Mail When does growth pay off in a Painting Business? Daniel Honan, CPA, and Cody Hall break down the 4 stages of a painting business and what to focus on with your money at each one. In the startup stage ($0–$350K), pricing with production rates and a 50% gross profit target on residential repaints is what gets you to the next level, along with staying compliant on taxes and knowing w...

Send us Fan Mail Here are the tax mistakes Painting Business owners keep making. Daniel Honan, CPA, and Cody Hall break down when switching to an S corp starts to make sense, the costs that come with it (filing Form 2553, running payroll for yourself, an extra tax return, and solid bookkeeping), and why staying an LLC means paying an extra 15.3% in self-employment tax on your profit. They cover ho...

Send us Fan Mail Why is there never money left in your painting business? Daniel Honan, CPA, breaks down the Profit First system from Mike Michalowicz's book: every time your company gets paid, you split the money between profit, taxes, and operating expenses using percentages set in advance, instead of hoping something is left at the end of the month. He walks through why expenses tend to gr...

Send us Fan Mail How should a Painting Business pay its Key Hires? Daniel Honan, CPA, and Cody Hall break down what a $25-an-hour painter really costs, why the admin usually comes first at 2 to 4% of revenue, and how to pay a production manager 4 to 7% of revenue with a two-thirds base and a monthly bonus tied to production, gross profit, and five-star reviews. They cover hunter and farmer salespe...

Send us Fan Mail Can you deduct Health Insurance in your Painting Business? Daniel Honan, CPA, breaks down three ways painting business owners may be able to save on taxes with health insurance. He starts with the self-employed health insurance deduction, who qualifies, and why eligibility matters more than simply turning down a spouse's plan. He then covers the special rule for S-corp owners...

Send us Fan Mail How do you know if your Painting Business is actually profitable? Daniel Honan, CPA, and Cody Hall, who runs business development at Profitable Painter CPA, break down the numbers that answer it. They start with the ratio Daniel calls the key number for how your business is doing and the 3-to-1 bare minimum behind it, then move to job costing, why a job bid at 50% gross profit com...

Send us Fan Mail Should your painting business rent or own its building? Daniel Honan, CPA, breaks down the self-rental tax strategy: a separate real estate LLC buys the building, your painting company pays it the rent, and the check you already write every month builds your equity instead of somebody else's mortgage. He walks through how an SBA 504 loan can put you in a $2 million building f...

Send us Fan Mail Why do $1M painting businesses feel broke? Daniel Honan, CPA, and Cody Hall break down where the cash goes as you grow and the painting business cash flow rules that fix it. They walk through the four stages of a painting business and why owner pay drops in the $1M–$3M stage, how to grow on your customer's money instead of debt with deposits of 50% or more where your state al...

Send us Fan Mail 3 Advanced Tax Strategies for Painting Business Owners with more than $400K in taxable income. Work with us https://profitablepaintercpa.com/vsl Free Book - Profitable Painter https://profitablepaintercpa.com/book In this episode, I walk through the advanced strategies using real stories from painting business owners we've worked with: what comes after maxing out your 401(k),...

Send us Fan Mail What Painting Businesses actually earn at each stage of growth?  Work with us https://profitablepaintercpa.com/vsl Free Book - Profitable Painter https://profitablepaintercpa.com/book In this episode, I break down what painting companies really make at four stages of growth: startup (under $350K), build ($350K–$1M), the swamp ($1M–$3M), and sellable asset ($3M+). I pulled the year...

Send us Fan Mail What is a Painting Business Actually Worth? Work with us https://profitablepaintercpa.com/vsl Free Book - Profitable Painter https://profitablepaintercpa.com/book In this episode, I break down real listings, completed sales, and SBA-funded acquisitions by revenue band, and why two companies with the same revenue can sell for wildly different prices. I also analyzed real painting b...

Send us Fan Mail I tear down the real books of a $4M painting business with a full team, an integrator, and a $10M goal, and finds the two things standing between this owner and a truly valuable asset. Work with us https://profitablepaintercpa.com/vsl Free Book - Profitable Painter https://profitablepaintercpa.com/book In this episode, I open the real financial statements of a sellable-asset-stage...

Send us Fan Mail I tear down the real books of a $1.7M painting business that doubled its revenue , while a 10% discount quietly dragged his gross profit. Work with us https://profitablepaintercpa.com/vsl Free Book - Profitable Painter https://profitablepaintercpa.com/book In this episode, I open the real financial statements of a swamp-stage painting business (owner anonymized - we'll call h...

Send us Fan Mail I tear down the real books of a $1.3M painting business that turned off its Meta ads, shrank 14%, and lost $50K in cash - and the recovery plan to reach $2M. Work with us https://profitablepaintercpa.com/vsl Free Book - Profitable Painter https://profitablepaintercpa.com/book In this episode, I open the real financial statements of a swamp-stage painting business (owner anonymized...

Send us Fan Mail I tear down the real books of an $850K painting business that wants to hit $2M in 12 months: the GP-to-CAC ratio blocking it, the $3,800/month agency math, and the hiring plan that gets him there. Work with us https://profitablepaintercpa.com/vsl Free Book - Profitable Painter https://profitablepaintercpa.com/book In this episode, I open the real financial statements of a build-st...

Send us Fan Mail I tear down the real financial statements of a $350K painting business — the cash problem, the markup mistake killing its gross profit, and whether it can double to $600K in 12 months. Work with us https://profitablepaintercpa.com/vsl Free Book - Profitable Painter https://profitablepaintercpa.com/book In this episode, I open the real books of a startup painting business (owner an...

Send us Fan Mail 4 Financial Moves to turn a $3M+ painting business into a SELLABLE ASSET. Work with us https://profitablepaintercpa.com/vsl Free Book - Profitable Painter https://profitablepaintercpa.com/book You can have a $5 million painting company worth millions of dollars, or a $5 million painting company that completely depends on you, is nearly impossible to sell, and loses its value the m...