Intro: It’s not always the big stuff that breaks your bottom line. Often, it’s the slow, silent drip of profit leaks that eats away at your success. Episode 2 of the Total Profit Podcast digs deep into where money really disappears—and how to stop the bleeding.
What Are Profit Leaks? Profit leaks are hidden costs, inefficiencies, or decisions that quietly drain your business. They don’t show up in the obvious places. Think:
Subscriptions you forgot to cancel
Employees who are underutilized
Time wasted on admin tasks that could be automated
Discounting out of fear
Doing work you can’t even track by margin
The Cumulative Effect: Individually, they look small. But stack these over the course of 30 jobs, 3 months, or an entire year? That’s your salary, your reinvestment capital, your next hire—gone.
How to Fix It:
Audit your expenses monthly. Cut what doesn’t save time or make money.
Review pricing and margin per service line.
Look at labor efficiency: Is your crew fully utilized? Are roles clear?
Monitor your margins weekly, not just at tax time.
Final Word: Plugging just one leak can mean thousands back in your pocket. Make it a habit.