2009, while better then 2008 (Thanks to Fannie and Freddie), was still a drudgery for roughly 70% of the companies in our industry. 2009 saw many home services / small business companies file for either Chapter 11 or Chapter 7. This due in fact to the horrendous practices of the banking industry. None the less, people still need our services almost more then any other home service. Our industry is something that our society cannot do without. Our industry is fighting through this storm and will be better and stronger then ever.

As business and marketing plans are built for not just 2010, but for the next decade, the savvy business owner should certainly incorporate protective measures into their plans that will provide protection from another financial calamity.

Proactive business owners will begin to ensure that they have good reviewable pricing methods, lead pipelines, overhead analyzers, along with plans that allow for GROWTH and SHRINKAGE as determined by the economy.

Disciplined and Successful Contractors who manage their own personnel time wisely, will find time to build these plans. At Contractor Business Profits, we recommend to all of our Business Owners to find 2 hoursEvery Day to build plans and then implement them. Occasionally a Business Owner will say, “How can I find two hours with so much on my plate now!”. It is usually this Contractor who is having a hard time meeting his monthly margins.

In reviewing all of the contractors who we work with, the top 5 contractors who are consistently meeting their monthly numbers along with growing their customer data base, they insist on working on their business plans and procedures every day. They incorporate programs and policies that in turn, their employees implement and monitor. These contractors are truly business owners who know the importance of planning and preparing in every aspect of their business.

Commit to success for 2010 by beginning to set up plans and procedures that will allow you to see a big change from 2009. Growth and Profitability are obtainable as soon as you make a commitment to wanting success. If your not sure how to acquire the planning, research the process on your two hour daily development plans.

God has granted you the blessing of being a business owner. Don’t let him down by not maximizing your potential due to excuses. Make it happen, get it done and tear up 2010.

This entry was posted on Thursday, December 31st, 2009 at 12:24 pm and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.