“My company has high service sales and yearly growth, but it doesn’t translate into bottom-line profits. I don’t know why it’s happening or how to fix it.”
I and many others have written articles for this magazine about the importance of planning, and all of those articles were right on target. We must plan in our businesses.
A shortage of skilled labor is an industry problem, a specialty trade problem, and a national problem. It does not need to be your problem if you effectively utilize the manpower mix.
One of the biggest challenges I see with contractors is a failure to understand how our beliefs and expectations of the sales function impact our business success.
In the Dec. 4, 2017 issue of The NEWS, I discussed some common obstacles that customers present when offered a preventive maintenance agreement and solutions to overcome them. This week, let’s take a close look at how to design and market your service plans.
I have been involved with the Better Business Bureau (BBB) here in St. Louis for about 30 years. I continue to serve on the Standards and Compliance (formerly Ethics) Committee. This committee reviews cases where a company has not responded regarding a complaint and, therefore, is in line to be expelled from the BBB.