Why Pest Control Businesses Fail | 8 Common Reasons

Here are 8 Reasons Why Pest Control Businesses Fail. With over half of all small businesses failing over the next 5 years, how do we keep your Pest Control business from becoming a statistic? You want to do all you can to keep your business around for a long time so let’s check out what you can do to stay a happy and healthy Pest Control business.

KEY MOMENTS IN THE VIDEO:

00:00 7 Reasons Pest Control Businesses Fail?
00:36 Reason 1 Pest Control Businesses Fail – Employee Mindset vs Business Owner Mindset
01:57 Reason 2 Pest Control Businesses Fail – Paying Yourself Incorrectly
03:09 Reason 3 Pest Control Businesses Fail – Pricing Incorrectly
04:45 Reason 4 Pest Control Businesses Fail – Not Knowing Ideal Customer
06:11 Reason 5 Pest Control Businesses Fail – Growing too Fast
07:28 Reason 6 Pest Control Businesses Fail – Poor Communication
08:56 Reason 7 Pest Control Businesses Fail – Not Paying their Taxes
09:40 Reason 8 - The #1 Reason Pest Control Businesses Fail – Not Knowing Their Business Numbers

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👉 DISCLAIMER: I am not an attorney, CPA, bookkeeper, insurance agent or financial advisor. My videos/podcast are for entertainment & educational purposes only and should not be construed as tax, legal, insurance or financial advice. Please seek out a qualified CPA, attorney, or specialist as needed. I’m sharing my experiences with my businesses and those I have worked for and/or helped coach.

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#KnowYourBusinessNumbers, #pestcontrol, #tipsforSmallbusiness

[BadassBusinessOwners]

What Have You Seen as the Biggest Reasons Pest Control Businesses Fail? - Tammy

[dapublicseye]

This is some great information. Thank you for sharing!

[Bellthorian]

I will say one reason you didn't mention is hiring the wrong kind of people. In my decade in the industry I came across clock punchers as well as Pest Management professionals. I had a passion for the work and I worked really hard learning as much as I could about the industry. We would have quarterly training and there were clock punchers who had worked at the company for 15 years or more and could not tell the difference between winged Termites and winged ants. In less than a year I knew more about insects, rodents and wildlife than 98% of the techs there. I was being sent out to solve difficult cases that other techs with decades of experience couldn't solve and me with less than a year of experience would solve the issue on my first visit. If you don't hire the right people and you don't get timely results you are not going to make it.

[makedaily]

Your video is an unending source of motivation! -- "Every setback conceals a treasure of wisdom.."

[karatechick]

How do compete with all the big and small companies around you if you dont reduce your prices?

[itsbub]

Can I start a pest control company while I’m currently working for one