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198: Building a Profitable Roofing Company: Operations, Finances & Leadership with Connor Rodich
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In this episode, Jim Ahlin sits down with Connor Rodich, a roofing industry consultant with experience working with over 130 companies. Connor shares his insights on how to build a profitable and sustainable roofing business by focusing on three key areas: operations, financial acumen, and leadership.
Connor discusses the importance of clearly defining roles and responsibilities, improving interdepartmental communication, and establishing vital financial metrics. He explains the difference between cash and accrual accounting, and why understanding your business's true profitability is crucial for success.
The conversation also touches on the current state of private equity in the roofing industry. Connor offers advice on how to prepare your business for potential acquisition, emphasizing the need for strong operational systems, financial transparency, and a leadership team that can function without the owner's constant involvement.
Whether you're looking to grow your roofing company, improve your bottom line, or position your business for a potential sale, this episode is packed with actionable insights and strategies you can start implementing today.
Tune in to learn:
- The 6 financial metrics every roofing company should track
- How to improve communication between your sales and production teams
- The importance of knowing your business's break-even point
- How to prepare your roofing company for private equity investment
- The key differences between cash and accrual accounting
Don't miss this valuable conversation with Connor Rodich, and discover how you can take your roofing business to the next level of profitability and success.
Links:
If you're ready to join the movement to stop the scum and reform the roofing industry, check out Roofing & Solar Reform Alliance!
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