HOURLY vs EQUITY- Car Detailing Business Tips
2,285 views · Published 4 March 2017 · 7:59 · Indexed 12 November 2026
Channel: Detail Groove · 2017 · People & Blogs
Starting a detailing business? Learn how to generate customers: http://detailgroove.co/seo-customers Aiming for a high hourly rate is always a good thing. If you can make $50 instead of $25 that's great. If you can make $75 instead of $50, you should go for it. ' But you're still very limited on the amount of money you can make. For one, you can only charge so much where you'll neglect 80% of your market. Which is fine if that's exactly what you're going for and you what to be the super specialized person in town. Second, the more you charge and the more specialized you get, the harder it's going to be for you to detach from your business. 3 to 5 to 10 years down the line, are you still going to want to be the person washing the car, prepping the car, and doing all the work to do? Or would you rather set your business up where eventually you can train a few employees to carry out the business while you start running the business? That's the whole point of this video. You need to think BIG PICTURE in how you want to setup your business. Yes, hourly rates are nice to go for. But eventually, as the business owner, you'd want to make money regardless if you're doing the work or not. - - - - - - - - - - - - - - - - - - - - - Don't miss out on any of the videos we have coming up: https://www.youtube.com/c/detailgroove - - - - - - - - - - - - - - - - - - - - - Oscar Gil Auto Detailing Business Coach http://DetailGroove.co/ - - - - - - - - - - - - - - - - - - - - - Hourly vs equity in your detailing business https://www.youtube.com/watch?v=Ty5VRAFJuSU&feature=youtu.be
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