Practical Skills vs Business Skills
Posted by: electime 14th November 2018
As many a tradesperson has learnt the hard way, a great tradesperson doesn’t automatically make a great business person. This should come as no surprise when you consider that fact that most trades business owners have spent at least 4 years learning the technical aspects of a trade without spending a single day learning how to start, run and grow a successful business.
On top of that, according to recent research, around 30% to 50% of new businesses fail within their first year of start up. Worse still, 50% of those who survive year one fail within 5 years and 66% fail within the first 10 years of operation.
In the construction industry, it means a tradesperson has to not only learn the skills to be great on site, but also the business acumen to start a business and grow it too.
“Unfortunately, very few industry resources are focused on equipping the modern tradesperson with the skills they need to run and grow a productive, reliable, reputable and successful business” explains Rob Mark, Managing Director of Tradify UK. “This lack of training and support inevitably leads to significant issues for business owners, their employees, their families and the industry in general. That is where technology can be used to help address any gaps while you establish your business, and to help it survive and prosper for years to come.”
Tradify, for instance, is designed to simplify everyday administration tasks such as scheduling jobs, completing quotes, tracking materials and sending invoices. The straightforward, intuitive app helps you take full advantage of digital advances to transform your business, while allowing you time to concentrate on getting a professional job done on site.
Using Tradify, particularly when combined with cloud accounting software such as Xero, gives a clear overview of your business and makes job management easy.
Use it to check you are pricing properly, track a job from quote to invoice, prioritise and schedule work, chase late payments, give your employees daily instructions and inform them of materials needed on site and make bookkeeping and VAT submissions a breeze.
“There are a lot of great trade companies out there but few tradesmen are formally trained in how to manage and grow their business,” says Rob. “Using the right digital tools can really drive your business forward and it doesn’t have to be complicated or scary. By cutting down the admin we free up our customers to focus more of their energy on the things that matter, whether that’s growing the business or spending more time with their friends and family.
Tradify is offering a free trial to all small business owners so for more information on how Tradify can help revolutionise your work life visit www.tradifyhq.com
