RCS Influencer Jon Stantz says that in addition to a solid business plan there are a few other considerations to think about before diving in.
What advice I would give a new contractor leads into so many things that I’m not sure where to start. Business is an ever-evolving creature from simple one-man (or woman) operation to multi-million-dollar conglomerates with hundreds of personnel.
Of course, any person that begins a new venture should always have a solid business plan with set goals and a mentor that can provide advice with financials, employee issues, company policies, etc.
I think there are a few ideas that should be thought about BEFORE a person decides to proceed into starting a new contracting business.
- Be prepared to spend a lot of time on the road and in the office. There will be plenty of long days ahead to bring about your success.
- Please realize that you will not get every job you look at, don’t get discouraged, keep swinging the bat.
- Never say to a client “No problem, we can do that.” Stay with what you know, learn about things you don’t before you commit.
- Stay Humble! I have been involved with this industry for thirty years, I still get surprised once in a while by a client or situation that I haven’t encountered before.
- Lastly, “Please and Thank you” go a long way toward giving you and your company a great character. Good luck to those starting new ventures, remember Rome wasn’t built in a day.
Jon Stantz is a supervisor, salesperson and repairman for Pell Roofing and Siding in Brazil, Indiana. See his full bio here.