In this infographic, we will highlight the critical tips and tricks to ease your journey’s beginning and help you ultimately create a successful, professional business. While these tips were built to clarify, inspire, and improve your small business efforts, deeper components, related to both business and construction, are also available at your fingertips. Groups…
Hazardous falls currently account for a third of fatalities at construction sites. Also the leading cause of death in the building industry, a fatal fall can shut down projects and create detrimental liabilities for businesses big and small.
The shaky economy that put many contractors, commercial builders and small businesses in survival mode, has finally stabilized. Today, the residential construction industry is regaining power, but a competitive market accompanies the growing demand for building services.
Social media today is one of the best tools for creating brand awareness and connecting with prospects. However, when it comes to generating leads and sales, other channels can be better suited for these goals, such as email marketing or pay-per-click advertising. After all, people don’t buy products after seeing a Facebook post, right? Well, not necessarily. If done correctly, social media can do more than just allow you to reach out to and engage with an audience. It can also help you generate leads and speed up your growth. According to recent reports, businesses that use social media for lead generation can see as much as a 24% increase in revenue.
There are 1.13 billion daily active users of Facebook and over 50 million brands that try to reach out to them to promote themselves. It’s not an exaggeration, therefore, to say that Facebook is a pretty crowded space.
There are many facets associated with running a building business. Of course, you need to track your costs, materials, expenses, and avoid shortages.
In order to keep finances in line, it is important to maintain a positive cash flow. When your business has a positive cash flow, it is running smoothly. Use these 9 tips to find out how.
You probably understand the importance of driving qualified traffic to your construction business, but how can you ensure that the people who land on your page are qualified and not just fly-by visitors who waste your resources and increase your bounce rate?
Perhaps the biggest mystery in entrepreneurship is why some of the businesses that seem to do everything right still fail.
In the construction industry, the prospects are even grimmer than in others. Although the market has made an impressive recovery since the 2008 financial crisis, most companies still find it difficult to appropriately scale and succeed. In fact, reports show that only 47% are still operating after four years.
Earlier this year, the Construction Marketing Association asked how construction professionals nationwide had planned their marketing budgets for 2017. In response, 96.4% of them said that they want to increase their marketing efforts, and a vast majority stated that they planned to boost investments in their online presence.
When you know a trade extremely well and have made a name for yourself, the next logical step is to take matters into your hands and launch your business.
That’s easier said than done.
Here’s the hard truth; there is no startup fairy who will sprinkle magical dust on your small business and ensure its success. Building and growing your construction company takes hard work, focus, persistence, and the power to continue when everything seems to be crumbling around you.