Starting a new company
Starting a new company is a hard task. You have to do something you have never done before and, of course, you will make some mistakes as it is part of the growth process. However, it is better to learn from other people’s mistakes so, in this article, we are going to talk about some mistakes “newcomers” to the roofing industry make (need to roof replacement).
Treating their sub-contractors poorly
Sub-contractors are always as important as general contractors (roofing contractors) if not more important. They do all the jobs for the roofing contractors (general contractors). And we all know that no business can be created without mutual respect. If you respect your subs, they will do their best jobs for you which will give more satisfaction to your customers and will increase the profit for you. Don’t punish them for tiny mistakes but rather reward them.
Poor accounting
A roofing contractor (general contractors) might want to hire a contractor accountant to ensure that record-keeping is done properly for you. It is hard for the same person to spend hours updating your books after having already completed a long day at work managing the business. Leave it for a skilled and trained person. In this case, you will not need to worry about mistakes in important financial forms.
Falling behind the competition
This includes not keeping up-to-date with the most recent trends in roofing techniques and changes in tax legislation. New improved technologies will definitely help you become one of the best general contractors in your area and the word of mouth will let the neighborhood know about the quality of roof replacements your company handles.
Having too many profligate expenses
You are the best money manager of your own company but just think about that. Sending your roofers to annual training is more essential than purchasing fancy expensive trucks. If the trucks you buy for your company are excessively extravagant, your customers might not get the impression you’d like them to have. The better way to prove that your company is “cool” is by showing off the high quality of your work and materials and the professionalism of your roofers.
Bribing for reviews
Your customer might like that Starbucks gift card or a $50 discount for leaving a review for your company. But what if they go online and write a review saying that you have been very nice and offered them a gift for a review. It might not be conducive to your integrity and reputability ranking.
