Profitable Painter Podcast

Daniel Honan, CPA

Profitable Painter Podcast is a rich resource for anyone interested in starting, running, and scaling a professional painting business, offering valuable insights, strategies, and interviews with industry leaders. Through case studies and in-depth discussions, we deliver a vivid picture of the painting industry, with a disclaimer that any financial or tax information is general and not a substitute for professional advice. 

  1. 9H AGO

    Stop Spending 10% On Marketing Blindly

    Send us Fan Mail We bust the “10% of revenue on marketing” myth and explain why that advice can crush profit when it’s used without context. We use GP to CAC as the simple growth compass that tells us when marketing spend is smart and when it’s just burning cash. • why a fixed marketing percentage can wreck profitability  • the GP to CAC metric and the simple formula to calculate it  • a clear example of gross profit per job vs acquisition cost  • benchmark targets for outbound growth campaigns at 3:1  • benchmark targets for inbound channels like SEO and referrals at 5:1  • the low-spend exception for GC-fed work and commission-based CAC  • red flags when the ratio drops below 3:1 and what it usually means  • why we fix pricing, margins, and acquisition strategy before scaling  • how strong GP to CAC unlocks hiring sales reps and increasing ad spend  If you want the full framework for profitability, cash flow, debt, owner pay, and growth, grab the book for free by clicking the link in the description. Just cover the shipping.  If this video helped, watch my next video on four numbers that every painting business owner must know to scale profitably. This episode was originally recorded as a video for YouTube. If you hear me say things like “in this video” or reference visuals, don’t worry — the content still works perfectly in audio form. And if you ever want to watch the video version, you can find it on the  Profitable Painter YouTube channel. https://www.youtube.com/@BookkeepingForPainters

    6 min
  2. MAY 8

    Seven Commercial Painting Mistakes That Drain Cash

    Send us Fan Mail Commercial painting can unlock bigger jobs and steadier revenue, but the cash flow rules change fast and they can punish anyone who treats it like larger residential work. I break down seven common financial mistakes and the simple systems that keep payment delays, retainage, and billing rejections from turning growth into stress.  • commercial work as a different business model under a GC  • no-deposit reality plus 30 to 90 day payment cycles and retainage  • building cash reserves and setting up a business line of credit early  • running accounts receivable with a real tracking and follow-up system  • using AIA billing formats and preventing rejected invoices  • switching from cash basis to accrual accounting for job profitability  • reading the statement of cash flows to explain where cash goes  • preparing for prevailing wage and certified payroll compliance  • keeping a residential repaint mix to fund payroll and overhead  • real-world story of a six-figure job creating cash flow stress and the fixes that made commercial manageable  If you get value from this type of information, grab a free copy of my book, Profitable Painter. Click the link in the description to grab a free copy, just cover the shipping.  This episode was originally recorded as a video for YouTube. If you hear me say things like “in this video” or reference visuals, don’t worry — the content still works perfectly in audio form. And if you ever want to watch the video version, you can find it on the  Profitable Painter YouTube channel. https://www.youtube.com/@BookkeepingForPainters

    7 min
  3. APR 10

    Multi-Location LLC Blueprint

    Send us Fan Mail We lay out a simple way to structure a multi-location painting business so one branch’s problems do not take down the rest. We explain why a holding company with separate child LLCs can keep taxes cleaner, protect equity, and reduce admin as you scale.  • the three core questions owners ask when adding locations  • why most “tax problems” start as structure problems  • parent holding company taxed as an S-corp with child LLCs underneath  • profits flowing up to one tax return through disregarded entities  • liability separation and what it does and does not protect  • equity options for incentivizing a local general manager  • when a second location may not need its own LLC yet  • how to keep entities separate with clean books and bank accounts  • multi-state compliance, registrations, payroll, workers’ comp, and nexus  • why real estate and operating companies often should be separate  You can grab it for free by clicking the link in the description below.  So get help at ProfitablePanner CPA.  Click the screen now to watch. This episode was originally recorded as a video for YouTube. If you hear me say things like “in this video” or reference visuals, don’t worry — the content still works perfectly in audio form. And if you ever want to watch the video version, you can find it on the  Profitable Painter YouTube channel. https://www.youtube.com/@BookkeepingForPainters

    8 min
5
out of 5
10 Ratings

About

Profitable Painter Podcast is a rich resource for anyone interested in starting, running, and scaling a professional painting business, offering valuable insights, strategies, and interviews with industry leaders. Through case studies and in-depth discussions, we deliver a vivid picture of the painting industry, with a disclaimer that any financial or tax information is general and not a substitute for professional advice. 

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