For Tradies: 3 Tips to run your business better
Being a tradie is a stressful profession. It doesn’t help that after you do the job, you have to go and manage the bookkeeping side of things. Not to mention the marketing, tax requirements, insurance and so on. In order to help tradies with their work, we’ve outlined the top three tips to help tradies run their business better.
Invest in a good online presence
You may think that a simple website is all you need to have an online presence. It used to be okay a long time ago but these days, you need to stand out from the crowd. The good news is that you don’t have to spend thousands of dollars for an amazing site. With only a couple of hundreds of dollars, you can set up a website that looks professional and conveys who you are and what you offer up front. Figure out what makes you and your service unique and make sure your target audience knows that immediately – the moment they visit your site.
You’re not an island
It is alarming to find out that in some tradie industries, there is more than twice the rate of suicides of young men than in other professions. The Australian Institute for Suicide Research and Prevention said a construction worker commits suicide every two days in Australia. The stress coming from all directions is quite overwhelming. But what you need to understand is that there is help. If you’re having issues with one part of your business, for instance managing your finances and meeting tax deadlines, you can find professional finance officers that are not too expensive. If you need help with marketing your tradie business, there are small businesses out there that can help, too. Focus on your strengths instead of your weaknesses.
Get a proactive accountant
Accountants are not only there to help you with your end of financial year responsibilities. They can also help you look to the future. At Acvisory we sit down with our clients to come up with strategies to grow the business while cutting down on expenses. We conduct a business health check and plan out a strategy including, but not limited to, loan reviews, wealth protection reviews, succession and exit planning and more. By hiring an accountant who will help you plan your future, you can focus on your business with confidence knowing that your future is secure.
For help with your tradie business, contact Acvisory for a free consult.
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