Diversification is important in any business because it helps you to get more customers. Not every customer is going to like the same product. They may want to have something slightly different.
All available research is indicating that it is a great time to be in the Australian construction industry. With steady growth within all sectors of the industry, experts project billions will be pumped into future residential and nonresidential projects. Here is a brief look at how this activity is going to reflect and be implemented within the Australian market.
It happened again. You promised your team a flawless experience, but you're back disputing price with the client. You own this company and want the best- for your customers and for your team. But how thin can you spread your best? We handle your documentation needs so you don't have to find that tear in your brand.
Work expands to fill the time available for its completion. That's Parkinson's Law, and we've all seen it in action. Parkinson's Law is named for an author on the subject in the 1950s, Cyril Parkinson. It explains that report you needed to get done within a specific time and which you miraculously started and finished the night before it was due after pushing it off for weeks.
One of the traditional steps in deciding whether or not to take a job is checking over a client's estimate of what the project is going to cost. Sometimes clients are diligent, and they've already put together an educated guess as to what a project should cost. Other times... other times their guesses aren't really all that educated, which means you have to do double the work to correct the estimate.
As a subcontractor is your role to carry out the duties given by the hiring contractor, where you provide the necessary services to fulfill what has already been laid out in an agreement between the contractor and the hiring company. But what about you?
The Australian construction industry has been hard-charging for the past decade, but independent contractors and big construction companies know that it's important to be prepared for slowdowns and evolving market trends.
Many small business owners are familiar with this scenario. You discuss the job with your client, agree to a fee, and shake hands on it. But once the job is done, the client refuses to pay up. Maybe he claims he forgot how much you agreed upon or maybe he claims to dislike the quality of the work, but either way, you're out materials and man-hours. You don't have to learn this lesson the hard way. Take it from us: get everything in writing. Here's why.
Work expands to fill the time available for its completion. That's Parkinson's Law, and we've all seen it in action. Parkinson's Law is named for an author on the subject in the 1950s, Cyril Parkinson.
One of the most effective strategies you have in your arsenal is the follow-up call. A good follow-up call can make or break your sales pitch.