Got an email recently from a young fellow, asking for some help with his construction business. In particular he was looking for help generating new leads. Part of his note read:
In the past, fellow contractors told me don’t bother advertising because people only hire remodelers and home repair men by referral…so i only dabbled in [...]
We see many construction company names in the course of a day. Some are extremely creative, others are mundane. But all too often we wonder, what type of work do they do?
Usually, the company name incorporates the owner’s name. Joe Smith Construction. But what kind of construction does Joe do? His name doesn’t tell us [...]
Continue reading: Construction Company Name – Tell Us What You Do
I took a call recently from a married contractor with four young children. He is unable to collect the final funds due from an owner for a large job. They are on the verge of losing everything. When I say everything I mean their home, their cars, everything. How did they get into this mess?
Joe [...]
I just returned from the latest JLC Live show in Providence, Rhode Island. It was held Wednesday through Saturday last week, March 18 to 21. It was a good show with good attendance, a stronger showing than expected given all the gloom and doom talk about our economy.
What wasn’t expected was the age of the [...]
Continue reading: Housing Market Problems – Younger Business Owners
Had another great call this week. Called a contractor and got the “Ring around the rosy” phone messaging game. Oh joy.
You know the drill. You call a business hoping to talk to someone. You dial the number; it rings once, twice, bingo an answer. Yes. No.
What you get is . . . “You have reached [...]
Several contractors have told me lately they are having serious cash flow issues, often having to borrow money to pay bills.
Here is a list, not in order, of mistakes that can be made in your business that will cause cash flow problems.
Not charging enough for the work you do
Poor payment schedules on your contracts
Too many [...]
We recently received a blog comment from a company planning a website that will make it easier for consumers to compare bids on jobs. They want to “standardize the bidding process.”
A homeowner finds contractors in their area and asks up to three of them to place a bid on their job. With that request, the [...]
Zig Ziegler, in my opinion one of the most inspirational guys around, says this:
“When you do the things you have to do when you have to do them, the day will come when you can do the things you want to do when you want to do them.”
Let’s see if we can tie that to [...]
