Running a successful remodeling business in the post-recession climate is tough, but I can help you grow your remodeling business in a long-term way.
With the help of the Home Asset Management Plan, you can learn that adapting the way you do business to meet the needs of today’s homeowners is the key to future success in the industry.
Remodeling, renovations, and restorations are expenditures that have, in recent years, become few and far between for the general contractor. In order to keep your remodeling business going strong, you need to understand what today’s customers need.
Remodeling Business | Changing with the Times
The recent real estate market belly-flop and recession have hit the residential remodeling industry hard. Whereas homeowners used to spend big bucks on large home projects, today we all choose to save money wherever we possibly can. This has led many remodeling companies to go under–especially those who weren’t proactive in their business dealings.
Fortunately, this isn’t a fate you have to succumb to–there are measures you can take to ensure a long and happy future for your remodeling consulting or contracting business.
The Home Asset Management Plan, or HAMP, teaches you how to adapt to the changes that have come to this industry over the last few years. It’ll show you why it’s necessary to move from a project-oriented business model to a relationship-driven one. It’ll explain how you can make your company recession-proof, in order to withstand future economic crises. And it will teach you how to raise your general contractor salary and earnings dramatically in less than 30 days.
Times change. So you should, too.
Restoration Business | Relationship-Driven Models
One of the major tenets of the HAMP is the importance of a relationship-driven business model. This is the future of business.
Folks hate to be treated like dollar signs. We, as consumers, understand that everyone needs to make a buck to survive, but we’d prefer to conduct our business dealing with real people who see us as…real people.
The hard sell and the soft truth are, for most consumers, a thing of the past. People don’t want to be pushed around or lied to–they just want to be told the truth and let in on the plan of action.
Under the guidance of the HAMP, you’ll learn to put your client above your project, developing a relationship that could keep you in business for years and years.
With what is known as “high-touch” customer service, you’ll be involved in every aspect of the client’s home’s upkeep. You’ll get the client involved, creating a partnership that will allow for a much more mutually beneficial professional relationship–one that will meet the client’s needs as much as your own.
The days of the project-driven model are long gone. If you want to succeed in the remodeling business today, you need to start focusing on the people.
Remodeling Business | Becoming a Full-Service Home Advisor
Another way in which you’ll adapt your business using the Home Asset Management Plan is in the way you’re involved in a client’s needs. Instead of being a project manager for a specific job, you’ll become a client’s home asset manager, or home advisor.
In this new role, you’ll manage the needs of your clients as their homes require repairs, renovations, or remodeling throughout the years. You’ll be a one-stop-shopping destination, in effect, coordinating any plan of action necessary to keep a client’s home in proper repair.
Some of the benefits of becoming a home asset manager include:
- Long-Term Job Security — Being the go-to guy or gal for a client’s home will ensure that you’re the first one called if the need for restoration or repair arises, providing you years of guaranteed work.
- Constant Cash Flow — By doing little jobs for many clients spread out over the course of years, you’ll be enjoying a continual income instead of an occasional one.
- Recession Protection — Homes will always need upkeep and by taking on the role of a home asset manager, you can be the one to take of care of them, no matter what economic disasters may befall us.
The HAMP is a program that will teach you not just to survive in today’s remodeling business, but to actually thrive in it. If you’d like to learn more about the Plan or about the remodeling business in general, please contact us today.