Caleb and Brittany continue sharing their story in this episode of the Kid Contractor podcast. After starting to date seriously, they worked together on various landscaping projects for Caleb's company. Brittany also helped plan an FFA banquet where Caleb's company donated labor and design ideas.
Things took a turn when Caleb realized the financial troubles his business was facing. He was honest with Brittany about being on the verge of bankruptcy and in major debt. To her surprise, Brittany decided to stick by his side to get through the tough times ahead. They read Dave Ramsey's Total Money Makeover book, which helped them develop a plan.
Caleb filed for bankruptcy and closed down his old company. Brittany then started a new company, Almond Landscape, with Caleb helping to run it. They worked hard but money was still tight. Caleb spent some winters working on ranches in Oklahoma to earn extra income. Brittany supported them during this challenging period.
Eventually Caleb's tax...
As a business owner, it is important to conduct regular reviews to track your progress, identify areas of improvement, and make necessary adjustments. In a recent episode of The Kid Contractor Podcast, Caleb and Brittany Auman, owners of Auman Landscape, discussed their first-quarter review of the year. The couple went through their financial records, analyzing their sales and expenses, to see how they were performing.
One thing that stood out during their review was the impact of their work on the building on Auman Landscape's books from the previous year. Although the work was not a significant expense, it was considered a sale, which made it challenging to compare their first-quarter results accurately. Caleb and Brittany acknowledged the need to look closely at the numbers and analyze them collectively to get a better understanding of their current financial status.
The couple found that their sales were down by 16% compared to the first quarter of 2022, and down by 20%...