House prices in Dublin appear to be stabilising and I can certainly see more “Sold” signs which hopefully will lead to increased activity in the repair and maintenance element of your businesses.
The market has its challenges and it has never been more important than now to run an efficient and lean business. The following 10 areas ensure that you will have solid foundations on which to build your business.
Cashflow
Cash is king … need I say more! Be organised, collect monies due in an orderly and timely fashion;
Tax
You need to understand what you are liable for … no surprises will be welcome here!
Create proper contract
I covered this point already – see bs news May/June 2012. Write it all down and get customer sign-off before you start work;
Ensure you are insured
Public liability insurance is essential. You should also include contents insurance;
Health & Safety You can’t You can’t afford to ignore this. There are specialists out there who can help. Take their advice;
IT
Whatever size your business is, evaluate your IT system to ensure it supports your business now, and what you plan into the future;
Bank Manager
Keep in regular contact. They are often well connected and can offer access to advice on your business;
Resist taking on fixed costs
Stay flexible/lean.
First impressions
They do count so be presentable, tidy and organised. It could make the difference;
Testimonials
A happy customer is your best advert … don’t be afraid to ask if you can use them as a reference.
If you can run through the 10-point checklist above you will have covered the key points. In doing so, there may even be a point 11.
Enthusiasm and Drive
Look forward, not back. Dwelling on the “what if’s?” and “might have beens” is pointless. Make a
conscious decision to influence your future. The good old days are now and tomorrow!