How To Grow Your Construction Business

It hasn’t always been easy to be in the construction game, especially over the past decade, but things have begun to pick up over the past couple of years. And things are only going to keep on getting better: in the US, there’s going to be a lot of building work over the coming years. But of course, there’s a big difference between there being a lot of work, and your business getting a lot of work. If you’re looking for ways to grow your construction company, then take a read below.

Invest in the Best

It’s easy to find construction workers. But good ones, who can do what they say they can do, and are reliable? They can be more difficult to locate. It is in your interests to come up with a robust hiring process, however – companies that have a solid team of long-term workers always do better than ones with a high turnover rate. Once you’ve found them, make sure you’re treating them well. If you put effort into managing your team properly, they’ll stay with you for years. Don’t give them an excuse to leave!

More Jobs, More Profits

The more jobs you’re able to do, the more you get, and the greater your profits will be. So look at your current capabilities, and see where you’re falling short. There are plenty of high-quality construction companies who have to turn down work because there are logistical barriers, such as having the right machines and tools needed for the job. Take a look at service trucks & utility trucks for sale, and get one that will enable you to compete for the jobs that are logistically more difficult. You can consider it an investment that’ll repay itself many times over the years.

Selective Jobs

You could likely go out tomorrow and find a construction project. But it wouldn’t necessarily be good for business. The emphasis shouldn’t be on getting as many jobs it’s possible; it should be selecting the highest-quality jobs, and putting all your resources into getting those for your business. It makes much more sense to accept four lucrative jobs rather than twenty jobs with a low-profit margin.

Specialize Your Work

You don’t necessarily need to have a specialty job, but if you do have one that puts you above the rest, then make sure you’re getting the word out there. They say you should always play to your strengths, after all.

Don’t Forget Customer Service

You’re more than a construction company, or at least you should be. Remember, you’re in the customer game just like any other business. Indeed, when there’s no shortage of competition, it’ll be your ability to talk with clients and ensure that you’re fully meeting their needs that keeps you above the rest. The job you provide for them will be around for many years; if you fail to incorporate their needs into your plan or cut corners, then there’ll be a negative monument to your level of service for a long time!

Expand Your Blog Work Using These Side Hustles

It’s always good to try to expand your work whenever possible. Doing so can help you add more income streams to your portfolio. The more streams of income that you have, the more money you stand to make. Not only that, though, but diversifying your work portfolio can help you to stay interested in the work that you do. After all, you won’t get so bogged down in just one line of work.

There’s one other great reason to diversify your side hustles if you have a blog – they can actually provide you with even more ways to promote your blog and find a wider audience. Ideally, your side hustles should all be symbiotic so that you can promote them all through each other. This will help reduce your workload when it comes to PR and marketing.

Are you thinking about the kind of side hustles that you could help you expand your blog work? Here are a few that you might want to think about.

Start A Podcast

These days, it may seem like everyone has their own podcast. So, why don’t you set up your own and join the party? It can be very easy to start your own podcast even if you don’t have any recording experience. And the best thing is that you won’t have to blow your budget in order to buy some fancy recording and editing equipment. Many cell phones now come with some very good in-built recording equipment on them. Your laptop probably does as well. Plus, many laptops now come with their own editing software that you can use. If you have a bit of extra cash to invest in your podcast, then you could always hire a digital editor to take care of this for you. One other thing to mention before you do start a podcast is that you need to have a unique idea for it. Don’t just do something that lots of other people are doing or else you will really struggle to find an audience. Make it unique about a niche that is rarely covered on podcasts, and you should be onto a winner.

Create A YouTube Channel

Another way to make money online is to start working on a YouTube channel. If you are creating videos on a regular basis, such as once a week or every two weeks, then you should find that it can be incredibly easy to build up a sizeable number of followers. The more followers you have, then the more views all of your videos will get. Each of those views can add up to earn you some money if you monetize your videos by adding adverts. You just need to look at the success of YouTubers like Zoella to see how profitable a channel on the site can be. Again, just like podcasting, you don’t need to be experienced in film and editing to make great videos. Of course, you might find that success comes quicker if you do use a video crew service as it can help your videos look a lot more polished and professional. Before you do create your YouTube channel, you need to make sure that you have a unique niche for your video content as this will help you grow your audience by quite some way.

Work On Your Instagram Account

If you also have an Instagram account, it could be worth working on that to try to increase your followers. This is something else that can be easily monetized if you are willing to put the time and effort in to increase your audience. I’m sure that you will already be following some Instagrammers who have upwards of 100-thousand followers even though they might not be famous. But thanks to their regular posting of niche content, they’ve been able to grow their numbers. Thanks to all of this work, they will be receiving offers of collaborations with well-known brands. These could involved sponsored posts that they will be paid for, or they might receive freebies in exchange for a review. If you want to grow your followers so that you can start to monetize your profile in these ways, it’s best to start now as it could take some months. It will certainly be worth it, though, as it will help you add one extra income stream to your bow!

Create Some Merchandise

If your blog is already fairly popular and you attract quite a few loyal readers, then it could be worth launching your first line of merchandise. Your readers will then be able to buy various products with your blog’s branding over them. There are a lot of different types of products that you might want to sell as merch. For instance, T-shirts will go down especially well, as will mugs and mouse mats. Some bloggers also like to sell branded wall prints and fridge magnets. When you do start to think about making some merchandise, it’s a good idea to get a few quotes from different manufacturers. This should give you an idea of how much you need to sell items for in order to make a profit. Don’t forget to factor postage and packaging expense into your budget as well. One of the best things about selling merchandise is that it can really help give your blog marketing a bit of a boost. That’s because people will be walking around with your brand on their T-shirt, which can help spread its name through word of mouth.

Take On Extra Freelance Work

It’s also worth seeing if you can pick up any extra freelance work while you are working on your blog. For instance, you might be able to do some content writing for a company in your spare time. Not only does this help to keep your financial situation stable, but it can also help you form relations with other professionals. And you never know when you might need to reach out to someone else in the business world for a helping hand!

Good luck making a go of these diverse side hustles!

Outsourcing Companies: 3 Steps To Making The Right Choice

We’ve discussed before how outsourcing can be good for your business, so today, we’re going to examine the process of finding the right company to outsource to. While outsourcing can be beneficial, its full potential is only realized if you work with a company who is capable of performing the work at hand to the best standard possible.

The first step

To find the right company to meet your business’ needs, you will first need to define a specific requirement and then match this with a specific type of service provider. For example:

  • If you need your website to rise through the Google rankings, you’ll be looking for an SEO expert.
  • If you need to ensure your business’ technology is always in good order, you’ll be looking for a managed service provider.
  • If you require assistance in managing your payroll, you will be looking for a bookkeeper or accountancy firm.

Ask for recommendations

Primarily, seek recommendations from fellow business owners. You can do this online via forums, or you can attend a local networking event. With the latter, there’s no guarantee someone who runs a company that meets your specific needs will be present, but someone who knows of a good company almost certainly will be.

Ideally, you’re looking for three company names that you are then going to research in more detail.

Check how much each company talks about you

There is a tendency for service providers to use any meetings you have with them and their website copy to talk about themselves. It’s understandable that this happens; after all, they’re trying to ‘sell’ you the idea of their company, so they will want to talk about their reputation, previous successes, and how their company is preferable to others.

However, this sales spin isn’t useful to you as a client. What you need to know is what the service provider can offer to you; how their specific service is going to benefit your business. All good providers will focus primarily on their benefit to you as a client; managed IT providers such as Red Key Solutions go to great lengths to focus on how their service can help to grow your business; SEO providers should emphasize the benefits of improved SERPs in terms of converting sales; and accountants should seek to continually center the way that improved financial management can help you to reach your business goals.

If a company neglects to mention how they can help your business, instead focusing on their abilities, it’s a bad sign – and could even suggest they have to talk about themselves, as the benefits of their service are not immediately apparent otherwise.

Final thoughts

It is also worth noting that in addition to the steps above, at least some of your decision-making will be instinctive. Some people may try to argue this is problematic, but this isn’t actually the case. Gut instinct is important in life, and provided there are no obvious red flags about the company in question, there’s no harm in trusting it. If you like a company and like the idea of working with them, that’s a very good sign indeed.

Hopefully, the considerations above should help you to find the outsourcing provider your business needs – good luck!