Let’s be honest, as a tradie in business getting clients to actually pay on time can be a nightmare. It’s even worse when you have to waste valuable time chasing those payments.
So how do you cut down on the stress and management of late paying customers?
Check out our tips.
Every business hopes to turn at least some customers into repeat customers, and the trade business is no different. Even though many tradesmen, such as builders, roofers, cabinet makers, tillers, and others are typically not needed by homeowners on a regular basis, tradies can still generate repeat business with income property owners, schools, hospitals, real estate agents, and other people or companies with multiple properties. Of course, some tradies, such as landscapers, painters, plumbers, and handymen can easily turn a single homeowner into a repeat customer with a little work.
Being a tradie comes with its benefit as well as its drawbacks. One of the major challenges every tradie faces is time management, especially in an industry where giving “Free Quotes” is expected.
The problem with free quotes is they’re FREE. And because they’re free, it allows customers to use and even abuse your time.
Sadly, “time wasting” customers cannot be detected automatically.
So, how can you ensure you do not waste your time with customers that are just “fishing around”?
As a tradie, one of the necessary things to do is screen your potential customers carefully.
All businesses need a strategy to get leads, which also includes a Sydney painting businesses. Without fresh leads coming in every day, a steady stream of paying customers to a painting business can dry up fast.
While the rise of the Internet has, in some ways, made it easier to market a business, it can pose fresh challenges to business owners who are used to the more traditional forms of advertising. To help these organisations out, we have compiled this list of quick tips painters can use to keep their phones ringing hot. Read more
Your potential clients need to understand what is expected of them when they choose you as their professional tradesman. How do you help them to understand the concept of payment for your services and use of your business website? You hire professionals to help you create your trading terms and conditions documentation. Without clear documentation and information, clients and potential clients can take advantage of you, which will hurt your income as well as your business credibility. Read more
There are a lot of insurance companies out there and some specialise in trades insurance packages. The reality is you will need insurance for your business from the onset, however you will need to sift through the packages and find one which suits your business and your needs. Insurance is here to protect you so you are not caught out without the right cover in place. To make life easier for you, we’ve outlined some of the most common insurances that tradies need below.
Setting up a trade business is a great opportunity to earn more and also have your own freedom. But getting started can be challenging, especially in securing capital to purchase what you need and to set-up a viable operation. It is a common problem for any new start-up and unfortunately many businesses fail in the early years due to lack of funding.
Here are five ways to help fund your business and get some extra capital.
Australia’s major shopping hubs are filling up with lease signs. Whereas the country is best known for its small businesses – accounting for 97% of all businesses – shops are closing at an alarming rate. According to the figures from the Australian Bureau of Statistics, around 60% of small businesses shut down within three years of operation.
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Being listed on a trade directory is one of the best ways to get publicity for your business.
As a tradie, you may not have the time or a huge advertising and business development budget to generate regular leads so this is also where online trade directories can help.
Coupled with the advantages of the internet, and consumers relying more and more on these platforms to source local businesses, online trade directories are now in the best position to help you achieve the exposure you need.
Read on to find out the top trade directories in the country and their differences.
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Finances are usually one of the biggest issues that keep us awake at night, and for tradies the reality is that budgeting can be difficult when there are so many expenses to juggle. Insurance is a necessity as it covers you financially if anything goes wrong but the premiums are an additional expense you need to consider. The worst thing you can do is forget about insurance completely as this could cost you thousands when it comes to a claim but there are steps you can take to keep your insurance premiums low.
