This is a guest post from Tony Fraser-Jones, Director at Profitable Tradie.
If you’re in business, making decent money is important. Sometimes, though, it doesn’t always work out the way you’d planned; you may find that your profits are low, or your cash flow is slow.
Many small business owners start out with a good business idea but little concept of what it takes to manage and grow a business.
The good news is that you can definitely learn and improve your management skills as your business grows.
And while there isn’t a definitive list of skills, the ones we’ve listed below could help you to build your initial vision and develop your business to its full potential.
Does your office feel chaotic?
A well-organised, efficient office is key to running a trade service business that’s both profitable and fun to own.
Here are four simple steps you can take to get your office under control.
Seven vehicles on the road. Ten electricians in the field. One business owner working overtime, all the time...
Such was the norm for L&L Electrical, a versatile electrical services company in Campbelltown, Victoria, and proud owner John Libroaperto.
Proud and successful owner he was, yes – but at a hefty cost in a most valuable currency: time.
Was starting work before the sun was up and finishing well after it was down the only way to be successful?
By getting smart with new technologies, your trades business can improve its bottom line.
A typical day in a plumbing business sees the team out on the road, on site, at the merchant and in the workshop. It’s a diverse job and it’s always on the go.
Let’s be honest. Most tradespeople are the hands-on type, and don’t have much time—or inclination—to be stuck at the desk doing the paperwork.