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Many people working in trades have excellent practical skills but aren't necessarily as experienced when it comes to running a business. Starting your own trade business can be an excellent way to make money and move upward in your career. However, it's easy to forget that running a
business is a skill in itself. You might be a whizz at plumbing a toilet or wiring a light fixture, but do you know how to handle your calendar or provide good customer service? And what about handling your accounts? If you want your business to survive, you need to know how to be a good business person.
Get Help from Others
People working in trades are often operating as a one-man band. They might have connections with other tradespeople and perhaps an apprentice or workmate, but running the business is usually left up to them alone. If you want to avoid feeling at sea with so much to do, it's definitely worth considering what outside help you can get. For example,
hiring a virtual assistant can help you tackle tasks such as managing enquiries or creating quotes. An accountant can help you manage your finances and taxes so you don't have to spend hours poring over them yourself.
Grow a Great List of Contacts and Suppliers
Whenever you need to order a part or get in touch with someone to help you with a job, you don't want to waste time trying to find the right contact. One of the most valuable things anyone working in a trade can have is a good network. If you have a good
electrical wholesaler you can use as your go-to or you know who you can call when you need to consult someone on a job, you can save yourself a lot of time. You'll also be able to provide a better service to your customers if you always know who to call.
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Use the Right Tools
If you want to run your business more efficiently, having the right tools to do it is sure to help you. It's not always easy to
modernise your business, especially if you don't see yourself as being very tech-minded, but it makes a lot of business processes much smoother. For example, if you have software for managing your finances, you can automate a lot of the tasks you need to complete. You can use tools for managing your schedule and maintaining contact with customers, among other things.
Review Your Processes
If you're not sure where to start with improving your business, try reviewing how you're currently doing things. What's working for you and what isn't? You don't necessarily need to follow the crowd and make huge changes in every area. Some of your processes might be working for you and getting great results, while others could benefit from some improvement. Consider how you're managing your finances, customer enquiries, and marketing your business.
Running a trade business means being a smart business person too. Taking the time to assess your processes can help you grow your business.