Confessions of a Cleaning Business Owner Domestic Cleaning Business Network

Summary In this episode, Louise and Diane discuss exit strategies for cleaning business owners. They explore why business owners may want to exit, such as physical strain or a desire to pursue other passions. They discuss the option of selling the business and the importance of systemizing the business to make it attractive to potential buyers. They also touch on other exit strategies, including investing in property, starting a training or coaching business, and franchising. They emphasize the need for careful planning and consideration when choosing an exit strategy.
Keywords exit strategies, selling a business, systemising a business, investing in property, training business, coaching business, franchising

Summer brings a whole heap of challenges to cleaning businesses, including staff and customer holidays, childcare issues, and working in the heat. Planning ahead and communicating with both staff and customers is key to managing these challenges. It's important for business owners to take time off as well, even if it's a staycation. The demand for cleaning services remains high during the summer, with end of tenancies and holiday lets being particularly busy. It's also important to relax uniform policies and ensure staff stay hydrated and comfortable while working in the heat.
 
Enter the Domestic Cleaning industry awards here - https://dcbn.org.uk/awards

The conversation discusses the controversy surrounding the pricing of cleaning services and the need for fair and sustainable pricing. It highlights the discrepancy between the low prices advertised by some cleaning platforms and the actual costs of running a cleaning business. The hosts emphasize the importance of charging a fair price that covers expenses and allows for a profitable business. They also discuss the role of social media influencers in shaping public perception and the need for influencers to have a better understanding of the cleaning industry. The conversation concludes with a call to change the narrative around cleaning and educate the public about the true costs and challenges of the profession.

Podcast Summary: Maximizing Profits in Your Cleaning Business
Episode Overview
In this insightful episode, hosts Louise and Diane delve into the various expenses that can be claimed back in a cleaning business to help lower tax bills and maximize profits. They provide a detailed guide on what constitutes legitimate expenses and how they can impact your bottom line.
Key Topics Covered
Rent and Home Office: Claiming rent for an office or storage unit is allowed, but not for your personal home unless a room is exclusively used for business purposes.
Travel and Motor Expenses: Business-related travel expenses, motor expenses, and mileage are all claimable.
Telephone and Broadband: These can be partially claimed based on the percentage of usage for business.
Essential Supplies and Services: Costs for cleaning products, equipment, insurance, legal fees, bank charges, and software are all legitimate expenses.
Uniform and Cloth Washing: Expenses for washing uniforms and cloths used in the business can also be claimed.
Solo Cleaners Spreadsheet: A valuable resource available on the DCBN website, listing all the expenses that can be claimed back.
Key Takeaways
Claiming legitimate expenses effectively can significantly lower your tax bills and increase profits.
Detailed knowledge of claimable expenses, from rent to uniform washing, is crucial for financial efficiency.
Utilize the Solo Cleaners spreadsheet for a comprehensive guide to claimable expenses.
Episode Titles
Maximizing Profits: What Expenses Can Be Claimed Back in a Cleaning Business?
Rent, Travel, and Telephone: Understanding Claimable Expenses in a Cleaning Business
Memorable Sound Bites
"What can you claim back as expenses in a cleaning business?"
"The more expenses you claim, the lower your tax bill will be."
"You can claim your own home as an office if you have a dedicated room solely for business."
Conclusion
This episode is a must-listen for cleaning business owners looking to optimize their finances. By understanding and claiming the right expenses, you can ensure your business remains profitable and compliant with tax regulations. Don't forget to check out the Solo Cleaners spreadsheet on the DCBN website for an exhaustive list of claimable expenses.

Are you ready to simplify your accounting and take control of your finances? Our latest podcast episode is tailor-made for you.
In this episode, Louise and Diane break down the essentials of accounting for cleaning business owners. Diane shares her experience of presenting on this topic, navigating the challenges of making complex accounting concepts easy to grasp.
Key takeaways include:
Understanding crucial accounting terms: assets, liabilities, equity, revenue, and expenses.
The importance of accurate record-keeping for effective financial management.
How to determine the financial health of your business through profit margins.
Obligations for self-employed cleaners, such as registering with HMRC and submitting accounts.
Empowering business owners with financial knowledge to make informed decisions.
Don't miss out on these invaluable insights! Tune in now and take charge of your business finances.
#CleaningBusiness #AccountingSimplified #FinancialManagement #SelfEmployedCleaners #BusinessInsights #ProfitMargins #RecordKeeping #Podcast

In this episode, Louise and Diane throw random questions at each other, giving unexpected answers and plenty of fun along the way.
It mostly stays on track with the cleaning industry, but it is an easy-to-listen-to, light-hearted episode that will get you thinking about how you would answer some of these questions.
we find out more as Diane quits the business starting competition while Louise chooses to throw her phone away during her perfect day.