The Ellen Rohr Podcast

By Ellen Rohr - The Business Makeover Expert

Listen to a podcast, please open Podcast Republic app. Available on Google Play Store and Apple App Store.


Category: Management

Open in Apple Podcasts


Open RSS feed


Open Website


Rate for this podcast
    

Subscribers: 1
Reviews: 0
Episodes: 40

Description

I almost sunk our family business. I assumed I knew enough about business to run a dinky little plumbing company. After all, I had spent about $100,000 of my parents’ money on my college degree in Business Administration. In fact, I graduated at the top of my class. Still, I didn’t know how to balance a checkbook! I got involved in my husband’s company after his partner died unexpectedly. Boy, was I humbled! It seemed like lots of money was moving through the company, but at the end of the month there was never any money left. Thankfully, I found a mentor, a savvy plumbing contractor. Frank Blau wrote a column in Plumbing & Mechanical magazine. I wrote to him and asked for help. He took me under his wing and taught me how to keep score in business. He taught me how to read and use financial reports. He taught me how to make money. We turned our company around. We paid off our business loan. We doubled sales and tripled the amount of money we took out of the company. Very cool. My husband and I went middle-age crazy. We sold the company to our employees – a friendly coup d’état! – and bought a gentleman’s farm in the country. (Picture Green Acres.) At this point, I realized that I wanted to share what I’d learned. After all, if a smart, highly educated person like me didn’t know how to read a Balance Sheet, I figured business illiteracy must be rampant. I was right. My experiences since then have included teaching and consulting with hundreds of small businesses, primarily home service companies. I rarely find a student or a client who creates and reads financial statements on a regular basis, much less uses financial information to make management decisions. In fact, few know their assets from their liabilities! I teach the basics, the simple disciplines that can move great ideas into successful businesses. I’ve written four books on business basics: Where Did the Money Go?, How Much Should I Charge?, The Bare Bones Biz Plan and The Bare Bones Weekend Biz Plan. Check them out at ellenrohr.com. My consulting work led to a position as president of Benjamin Franklin Plumbing, a home-service plumbing franchise company. I learned a lot about what works to grow fast and profitably…and what doesn’t. Guess what! The basics never go out of style, no matter how big a company gets. Currently, I am an owner and founder of ZOOM DRAIN—a drain and sewer cleaning and repair franchise with locations across the US. I am a financial coach at HowardPartridge.com. I also work with ServiceTitan, the premier software for the trades, as a consultant and podcaster. I am here to help. Together, we can build extraordinary businesses and expand world peace. Follow me on Instagram @ellenrohr or visit my website at ellenrohr.com.

Episode Date
Ellen Rohr talks with Jason Mann about Compliance, Tax Strategy and Finishing Strong in 2023
Nov 09, 2023
Tax Tips and Strategy with Jason Mann
Mar 17, 2023
Making Money 101 - Basics for Making Money
Aug 04, 2020
Tricks and Hacks to Stay Focussed
Jun 25, 2020
Paint by Numbers – Business Relationships That Make You Money
Oct 14, 2011
Start with Why: How Great Leaders Inspire Everyone to Take Action
Oct 06, 2011
Kindergarten Tips for Business Owners
Jul 26, 2011
The Blame Game
Jun 10, 2011
Creating Life and Work from the Inside Out
May 17, 2011
STRETCH your Sales...Sales tips from a Real Estate Pro.
Apr 12, 2011
Stop Workplace Drama! Train your team to have no complaints, no excuses and no regrets.
Apr 05, 2011
Not All Businesses Are Created Equal!
Mar 15, 2011
How to Grow Your Business with Rockstar Events!
Feb 15, 2011
How to tackle employee problems and build a rockin' team...fast! with Casey Reynolds
Jan 11, 2011
How to Run Your Business from Anywhere using Social Media, Online Tools and Outsourcing.
Dec 14, 2010
Reading and Writing for Fun and PROFITS with Special Guest Dan Holohan
Nov 17, 2010
How to Increase Traffic to Your Website With Special Guest Erica Douglass
Nov 09, 2010
How do you fix and turn around a company fast? With special guest Tab Hunter
Oct 26, 2010
Reinvent Your Biz - Rebound from Rough Times
Sep 02, 2010
"What I learned by going Undercover!" with Undercover Boss Rick Arquilla of Roto-Rooter
Aug 23, 2010