On this episode, Dan and Donnie review some of their recent predictions about the economy and whether or not they were correct. They also cover economic positives and negatives, trends to consider in the near term, and tips for pest and lawn companies.

Hosts:
Dan Gordon, PCO Bookkeepers & M&A Specialists
Donnie Shelton, Triangle Home Services

#pmpindustryinsiders #pestcontrol #businessadvice #lawncare #lawncarebusinesssuccess #podcast #businesscoach #entrepreneur #homeservices #smallbusiness #economy #unitedstates

In this episode we discuss:
-Our sponsors Coalmarch by Workwave and PestSure
-PMP Industry Insiders Peer Groups
-Economic positives like consumer spending and small business optimism
-Inflation and price increases in the pest control industry
-The Fed and rate cuts
-What Donnie is seeing at Triangle in terms of sales and cancels
-The results of the most recent PCOB Bookkeepers & M&A Specialists/William Blair Pest Index
-The size of the pest industry, according to Specialty Consultants, and what portion Dan estimates is made up by D2D companies
-Donnie's plan for the rest of 2024, and how his lawn side is doing well this year
-Dan's recommendations for how to run a business in a good or bad economy:
-Prioritize cash flow
-Focus on providing great service
-Do contingency planning
-Could lawn care benefit from the Lipstick Effect, when consumers continue buy small luxuries during a downturn?

For complete show notes and resources, visit: https://www.pmpindustryinsider.com/po...