Jan 1, 2016
The First One Is - The hard and expensive way to grow sales. We have analyzed a number of construction companies, that is what we do, and we know roughly what the cost to acquire a new customer is for many different segments of construction; remodel, concrete, plumbing, electrical, service work, handyman and others.
Calculate the cost per new customer. This is easy to calculate by looking at your Profit and Loss Report for last year, find the marketing expenses and divide it by the number of new customers your business generated. We recommend you are sitting down and do not have any sharp objects or hot coffee within easy reach so you will not hurt yourself or anyone else.
If you are new in business or do not have a large client list we can help you with that. Search "Marketing" at www.FastEasyAccounting.com and you will get a lot of information to get you started. Or you could contact Sharie at 206-361-3950 or by email firstname.lastname@example.org and set an appointment for a No Charge Consultation.
The Second And Third Way - Are easier, faster, more profitable and generates a lot of quick cash flow! Think about it, your past, present and future customers like and trust you. And these days homeowners are not a skilled as they were a generation ago or they are not physically able to do the work any longer, which means they are hiring contractors and handyman services.
What About Your Customers - Who gave you a hard time or you think maybe they don't like and appreciate you? No worries...you just need to understand what was going on inside their head at the time. They just needed some tender loving care (TLC). We all do, even the rough tough remodel contractors including you and me.
What You Need Is A System - To be the one-stop-shopping solution for all your past, present and future client's needs. They already know you, like you and trust you so why not be their contractor for life and when they move to another residence you take care of that one and can continue the relationship with the new homeowners in the previous home.
Retire And Sell Your Construction Company - What makes your construction business saleable? Cash flow! McDonalds and every other business that people buy is based on cash flow. No investor wants a bunch of hamburgers, they want a place to put money and get a return on it. Contractors don't buy a drill because they want a drill, they want holes! Hint: Service Agreements
I trust this podcast helps you understand that outsourcing your contractors bookkeeping services to us is about more than just “doing the bookkeeping”; it is about taking holistic approach to your entire construction company and helping support you as a contractor and as a person.
We understand the good, bad and the ugly about owning and operating construction companies because we have had several of them and we sincerely care about you and your construction company!
That is all I have for now and if you have listened this far please do me the honor of commenting and rating podcast www.FastEasyAccounting.com/podcast Tell me what you liked, did not like, tell it as you see it because your feedback is crucial and I thank you in advance.
I trust this will be of value to you and your feedback is always welcome at www.FastEasyAccounting.com/podcast
This is one more example of how Fast Easy Accounting is helping construction company owners across the USA including Alaska and Hawaii put more money in the bank to operate and grow your construction company. Construction accounting is not rocket science; it is a lot harder than that and a lot more valuable to construction contractors like you so stop missing out and call Sharie 206-361-3950 or email email@example.com
Thinking About Outsourcing Your Contractors Bookkeeping Services?
Click On The Link Below:
This guide will help you learn what to look for in outsourced construction accounting.
Need Help Now?
Call Sharie 206-361-3950
Thank you very much and I hope you understand we really do care
about you and all contractors regardless of whether or not you ever
hire our services.
Bye for now until our next episode here on the Contractors Success MAP Podcast.
Randal DeHart | Contractors Accountant