Many tradespeople dream of starting their own trade business. There are many challenges to face when setting up your own trade business. It’s hard work but can be extremely rewarding. Check out our top tips to start you off on the right track.
1. Provide a great service
Before taking the plunge and going it along ask yourself how good are you at your job. If you feel you could be better take the time to learn from colleagues and up skill. In order for your trade business to succeed you need to be able to provide the best service possible.
2. Build up a great reputation
Word of mouth is one of the best forms of advertising (and it’s free). Provide a great service and your customers will tell their family and friends. Up to 70% of all jobs come by word of mouth so building up a great reputation is essential to keep your trade business flowing in the right direction.
3. Keep your customers happy
Do a good job at a reasonable price and your customers will be happy. This in turn will help build your businesses reputation. Ensure you set your customers expectations correctly before you start a project to ensure you are both on the same page. It is essential to give an accurate quote so that the customer knows what to expect. Customers can end up disappointed if the job ends up going way over the quote even if the work you have done is of excellent quality.
4. It’s business
Do good work and your business will flourish. Being friendly, flexible and providing quotes on time will keep your potential customers happy.
Remember that you are running a business, don’t absorb unreasonable costs. Ensure that the customer knows that if hidden problems come to light during the job that have not been anticipated the cost of the job will increase.
5. Organisation is key
Ensure that you stay on top of your paperwork trail. Go through it on a weekly basis so that you are not left dealing with a mess at the end of each month. Take time each day to respond to quote requests. The sooner you get back to a quote the more likely it is to get the job.
6. Ensure your trade business is law abiding
There are a lot of regulations to keep on track of in the world of trade. Make sure you are properly informed and qualified. Don’t take any unnecessary risks, make sure you are insured!
Starting a trade business isn’t easy but once you start off on the right track success is just around the corner!