Waiting for the Market to recover
Some contractors are waiting to recover the economy. They are waiting for the business to return to the way in which it was a couple of years ago. This is a simple question-what if it does not come back? 3 fundamental changes that have taken place in the home improvement industry:
o Economy – private individuals are re-accessing the nature of the new economy
o Internet – individuals now have access to a large amount of information
o Lead the safe working practices – the new EPA is required for the safe working practices for lead in the event of a change in how the remodeling professionals as well as to sell lead-based paint and buildings, work
Without changing the marketplace, you may want to discuss the possible consequences, one of the simple truth is independent of the Market moves when is intrinsic to the owners of the undertakings in the context of, make the necessary changes to work with the new market. Business owners may complain about the existing conditions, but it is a little like complaining about the weather. It does not change anything. This business environment I want to start looking at solutions.
This blog I would like to ask you what you are doing to adapt to the new economy.Have begun to address the very real to a contingency which materialized prior to may need to change the business model?Individuals may therefore they did several years ago a large projects they may be, the suspension of work due to provide financial, but it is, however, so that they continue to own the House.The House is still necessary for care, maintenance and repair.If they are calling you, are you can begin to call them?Can you contact them for home maintenance, inventory, and to provide the recommended tasks and timelines in the spreadsheet? payment Schedule contractors, in order to ensure proper marketing help?
The market has changed. What do you do your own business to adapt to this change? What revenue models you can share your other readers who are helping you to weather this economic storm? do you have some success stories to share?
Dave Lupberger write every Tuesday and Thursday ProConnection. Are THE BA to subscribe yet?
