“If the answer was yes, we did it. If the answer was no, we wouldn’t do it.”
We had third-generation proprietor Dan Mowery on the podcast the other week to share how he QUADRUPLED revenue since buying his family’s center. For the full seven-step process, check out the entire interview.
However, here’s one metric that really stuck out to us that you can start implementing right away. When making decisions about what to invest in in your center, here’s Dan’s number one rule:
“Three years or less ROI. If I spend this money here, am I going to be able to pull that money out quick?”
What about your center? How do you make investment decisions or determine what to focus on? Would love to hear your thoughts.
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