When to Expand Your Moving Company

In this episode, Louis Massaro shares his insight on when to expand your moving company. You’ll learn: What Louis recommends you put in place before you open additional locations How to create a blueprint for your expansion Why you need to have a long-term plan before you start to scale your company “Louis, when do you think is the best time to open up a second location? I’m doing about $1.5M at my first location, when should I open up another one?”- Steven (Moving CEO Business Program Member) Louis has received this question about expansion a lot, and he answers it directly in this video.  Does your long-term plan include opening up additional locations for your business? If your answer is yes, you need to get very clear on your particular blueprint for it. There are several paths to make money in the moving business. There are people making a fortune with just one office and others with multiple locations struggling to turn a profit. So, the first thing you need to do is come up with a blueprint to understand why you're actually opening that additional office. Then ask yourself, are the fundamentals at my current location on point? Because if they're not, every problem you have at your current location is also going to end up in the new location. In this video, Louis shares some insight about expanding your moving company. A few of the steps that should be taken before you start to scale. You need to watch this if you plan to add more locations to your business. Maybe it’s your time to expand, maybe it’s better to focus on building your current business. Either way, stay focused on the fundamentals, providing a great service to your customers, and finishing the summer STRONG! Listen to the episode now and go download the last few episodes too! Updates: ***Mark Your Calendar!!*** Moving CEO Virtual Summit Join us for the next upcoming Moving CEO Virtual Summit, October 15th - 17th, 2020! Three empowering days where Louis shows you EXACTLY HOW to master the mindset, achievement strategies, and business skills used by the world's most successful moving company owners! Tickets go on sale Tuesday, September 1st at LouisMassaro.com Subscribe to Louis’s YouTube channel for more tips on growing your moving company. Get free on-demand video training on how to book more moves and learn The 6 Stages of a Moving Company Sales Machine. Follow Louis on Instagram for daily tips and motivation. ABOUT Louis Massaro is the world’s leading moving business trainer and success coach. He’s the founder and CEO of Moving Mastery, a training, coaching, and education company dedicated to helping moving company owners, managers and employees reach higher levels of success in their business. Through his coaching programs, online training, and live seminars he’s helped hundreds of people unlock their full potential by giving them the strategies and systems to take their moving business to the next level. Louis opened his first moving company at 19 years old with two rental trucks and after overcoming many challenges and struggles, he went on to build a $20 million a year business. His company, Neighbors Moving & Storage had locations nationwide performing local moves, long-distance moves as well as storage. After 16 years of success in the moving business, Louis sold his companies and is dedicated to helping others “Profit in Their Business and Thrive in Their Life”. Meet him at LouisMassaro.com