Category Archives: Business Tips

How to Price HVAC Jobs Perfectly and Grow Your Business | CraftJack

Increase sales and bolster your reputation by learning how to price HVAC jobs. Get advice on costs and estimates to win more jobs and delight customers.

As an HVAC small business owner, how much you charge customers for services lies at the core of your company's long-term success. Operating margins dictate profits, and influence which target audiences you appeal to, and how many jobs you win. Without a carefully planned pricing strategy, you're more likely to overcharge or undercharge clients and could struggle to thrive and grow. Keep reading to learn everything you need to know about how to price HVAC jobs. 

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Tips on Managing Angry Customers

Learn how to effectively manage angry customers with these tips for home service business owners. From communication strategies to de-escalation techniques and issue resolution, this guide has you covered.

Even the most successful businesses will have the occasional dissatisfied customer. What matters is how you handle those customers. Learning how to work with difficult customers, identify the issues they're having, and reach a positive resolution is an essential skill for any contractor.

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Top 8 Successful Sales Tips for Contractors

Looking to improve your sales game as a home improvement contractor? Check out these top eight tips for success, from establishing a sales process to being likable.

As a business owner, you have to hire the right people, keep the books in order, handle customer service issues, and so much more. If you want your business to generate revenue, you also have to market your services consistently. Marketing is what makes people aware of your company and helps them understand why they should hire you instead of one of your competitors. If your marketing efforts need a boost, apply these eight sales tips for contractors.

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Crafting Comprehensive Estimates: A Guide for Small Home Service Businesses

Learn what to include in your estimates as a start-up or small home service business, including materials, labor, total cost, and company information. Discover the pros and cons of itemized estimates and the importance of transparency. 

As a home service provider, one of your most important tasks is crafting comprehensive estimates for every job. Whether you provide cleaning services or do general contracting, accurate estimates are essential for setting expectations and helping you prioritize your work. Read on to find out why comprehensive estimates are so important and what you can do to make the estimating process a little easier.

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The Art of Following Up

Learn how to successfully follow up with prospective homeowners in the home service industry. Discover effective techniques and strategies to convert leads into loyal customers.

Following up on leads is a must for any business that wants to increase conversions and revenue. But converting potential customers into actual customers takes some work.

While you might be tempted to push your sales team to knuckle down and grind out that work, it's important to remember there's an art to following up. Call too many times too quickly and you alienate the prospect. Stretch the time between follow-ups too long and potential customers forget about your services or think you don't really care that much.

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Money Management Tips For Contractors

These money management techniques can help contractors and small business owners keep control of their finances through the good times and the bad in their trading.

Running a business isn't easy. It's estimated that 1 in 5 small businesses fail in their first 2 years, and just 25% of new business ventures survive for a decade. One of the biggest challenges small businesses face is managing their cash flow. Even businesses that have a good reputation and a steady flow of customers can find themselves struggling if they encounter a sudden unexpected expense or a major client fails to pay them. Money management skills are essential for all business owners.

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How To Set Your Prices And When To Raise Them

No matter what type of service you provide, you need to set your prices high enough to make a profit after you account for materials, labor, and other costs of doing business. Unfortunately, many home service providers set their prices way too low, limiting their cash flow and making it tough to turn a profit. This guide explains what you need to know about pricing strategies, factors to consider when setting prices, and the importance of adjusting your prices regularly.

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How Can You Save For Retirement As An Independent Contractor?

Retirement planning is an important part of preparing for the future, regardless of career objectives. For independent contractors who don't have the advantages of employer-sponsored retirement opportunities, making sure needs are covered can take a little more coordination. However, this doesn't mean retirement can't be in the cards; there are plenty of avenues for self-employed individuals to consider. 

From putting away the proper amount early in a career to the savings benefits of tools specifically for independent contractors, such as solo 401(k)s and SEP IRAs, it's possible to put aside enough money for the retirement of your dreams. 

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Top 5 Homeowner Projects in 2023

As a contractor, knowing what types of projects will be popular in the upcoming year can be helpful. Discover the top 5 homeowner projects to expect for 2023. 

As we enter the spring of 2023, many homeowners are starting to plan which homeowner projects they'll want to tackle for the year. Often, there are trends that dictate which projects will be most commonly tackled in the upcoming year. As a contractor, understanding these trends can help you prepare your business for the types of projects that are likely to come up. You can start securing materials, making price charts, and preparing for the upcoming busy season. 

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10 Ways To Increase Your Maid Service Business Revenue

Learn how to grow your maid services business and increase your revenue with these clear and actionable tips, including marketing, value-added services, and more.

Maid services are very much in demand, but it can be a difficult industry to get started in. If you run a home cleaning service and you're struggling to make it a sustainable business, you may need to start thinking outside of the box when it comes to lead generation and how you differentiate yourself from your competitors. If you're not a marketing professional, it's natural to struggle with the idea of value-added services and marketing. What is a job referral? Do you know what your unique selling point is? We're here to help you understand those topics and how to grow your business. You can start finding more home cleaning service leads in your area today. Sign up with CraftJack to get started.

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