In light of the terrifying financial threats we face today along with an uncertain economic future, it’s important to know that you don’t have to be a victim. If you’re willing to take action, you can protect yourself and your family!
What Financial Threats?
The Economy:
We can all agree that the economy isn’t what it used to be. We hear predictions and affirmations of improvement but are we seeing any benefit from those claims? And even if the economy did improve significantly, for most of us, it wouldn’t improve our financial future enough to make a real difference.
Rising Taxes:
It seems that taxes and government forced health care are taking more and more of the money that we do manage to make.
Rising Cost of Living:
The amount of money that it takes to just survive continues to climb every year. Rent, Transportation, Food and Clothes require more and more money each year.
Decreased Buying Power:
How far does your money go nowadays? In my lifetime, the things that make life fun, hobbies, movies, going out to eat – have continued to get more expensive every year. Many people are forced to sit in front of the TV night after night because they can’t afford to do anything else.
Job Security:
More layoffs and more company closings are in the future. Companies we thought would be around forever are no longer here. Others have been bailed out for the short term by the government but we pay for those bail outs with our tax dollars.
How secure is your current job? How profitable is the company you work for?
Limited Promotion Opportunities:
Will climbing the corporate ladder at your work get you to where you want to be financially?
Difficult Workplace:
Many people suffer through work daily, miserable in a difficult work place simply because it is too difficult and too risky to try to find a better situation somewhere else.
Unreasonable Bosses:
As it becomes more and more difficult for companies to make a profit in our competitive environment, more and more pressure is put on management to lower costs and improve productivity. That means demanding that their personnel do more work for less money. The choice is to either comply and deal with the abuse or be fired.
Questionable Retirement:
At one time, when our economy was strong a person could go to work for a company, put in their time and count on a pension that they could retire on.
Nowadays that is no longer true. Retirement is questionable at best. Social security benefits are not keeping up with the cost of living so benefits are decreasing annually.
Some predict Social Security will collapse under the load of its obligations that are under funded.
So, How Do We Deal With These Overwhelming Financial Threats? Here’s How!
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- First, you must get “real” with yourself. Stop depending entirely on your job to achieve your financial goals.
- Second, you must begin to direct at least a portion of your efforts into building your own business, which will
- Third, increase your income and build an asset that can be sold at some point in the future.
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Everyone Knows That Owning A Janitorial Business Can Be Very Profitable.
In every major city there are many successful janitorial businesses. Millions upon millions of dollars are spent on office cleaning services every single year. That means that a lot of people just like you and I are making a lot of money by providing janitorial services to their communities.
In almost every group that I speak to there will be several people that are acquainted with at least one very successful janitorial business owner.
Are these successful janitorial business owners particularly smart? Are they highly educated? Are they better looking than most? In most cases the answer to those questions is NO! They are, for the most part very ordinary. So, how did they do it? How did they build their own successful janitorial business?
A better question to focus on is this:
Can You Build A Successful Janitorial Business Of Your Own?
The answer is YES! All you need is a proven recipe and the right ingredients.
Check out “The Ultimate Janitorial Success System” on Amazon for a recipe that anyone can follow.
The Biggest Benefit To Owning A Janitorial Business
Before we go further I want to point out that the biggest benefit to starting and building a janitorial business is often missed or ignored.
The biggest benefit to building a successful janitorial business is that they are worth a lot of money! Most people fail to understand that janitorial businesses are regularly bought and sold.
The larger a janitorial business becomes, the more profit it will typically generate.
The more profit it generates, the more valuable it becomes when it’s time to sell.
I urge everyone to Google the term “Janitorial Business For Sale”. Take a look at the janitorial services that are for sale and take note of how they are being valued.
I will give you a few examples of what I found last time I did this exercise.
Example #1:
Janitorial Business For Sale Listing 318628
- Sales: $512,239
- Profits: $ 124,000
- Profit Type: Sellers discretionary cash flow. (SDCF)
- Asking Price: $325,000
This business is averaging $42,686 each month. With an asking price of $325,000 they are asking 7.16 times the average monthly billing or 2.16 times the annual profit.
Example #2:
Janitorial Business For Sale Listing 339900
- Sales: $145,568
- Profits: $50,101
- Profit Type: Cash Flow
- Asking Price: $110,000
This business is averaging $12,132 each month. With an asking price of $145,568 they are asking 9.06 times the average monthly billing or 2.19 times the annual profit.
Example #3:
Janitorial Business For Sale Listing 333286
- Sales: $52,148
- Profits: $46,748
- Profit Type: Sellers discretionary cash flow. (SDCF)
- Asking Price: $110,000
This business is averaging $4,345 each month. With an asking price of $52,148 they are asking 13.08 times the average monthly billing or 1.28 times the annual profit. In this case the owner is doing all of the work so the profit margin appears to be higher than normal.
Example #4:
Janitorial Business For Sale Listing 331823
- Sales: $612,942
- Profits: $195,000
- Profit Type: Cash Flow
- Asking Price: $450,000
This business is averaging $51,078 each month. With an asking price of $450,000 they are asking 8.81 times the average monthly billing or 2.3 times the annual profit.
Example #5:
Janitorial Business For Sale Listing 266849
- Sales: $308,000
- Profits: $101,000
- Profit Type: Cash Flow
- Asking Price: $200,000
This business is averaging $25,666 each month. With an asking price of $200,000 they are asking 7.79 times the average monthly billing or 1.98 times the annual profit. This business is a resale of a janitorial franchise located in Florida.
As you can see from these examples, Janitorial Businesses are regularly valued at 7 to 9 times their monthly gross income or 2 times their annual profits.
What Does That Mean For You?
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- Most people in the janitorial business are only looking at how much they make each month and ignore how much their business can be sold for.
- When you understand that the big money is in the equity, you look at and you treat your business differently. This is more than a job.
- You can make good money from operating and building a janitorial business and
- Have a giant payday when you sell it.
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Is It Possible That You Could Build A Valuable And Successful Janitorial Business . . .
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- Without a Large Investment?
- Without Risk?
- Without Selling?
- Without Marketing Skills?
- Without Business Experience?
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With the simple recipe found in “The Ultimate Janitorial Success System” plus some honest effort and hard work on your part, I believe you can.
I haven’t met anyone who followed this recipe who has failed so far.
In This Post You’ve Learned:
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- That the biggest benefit to building your own janitorial business is the equity in your business.
- That Janitorial Businesses sell for lots of money.
- That you can make great money while you’re building a business and if you build your business right, you can have a giant payday when you sell.
- That there is a simple recipe that anyone can follow to build their own successful janitorial business.
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Want To Know More Great Reasons To Start Your Own Janitorial Business?