How to prepare your business for tough times
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The reports have been pretty grim for economy recently. The retail sector is running scared and the news hasn’t been much better for the building & construction industry. Each day we’re reading about new housing starts continuing to decline and more and more builders closing down leaving their contractors and subcontractors stranded.
At Service Central we are trying to do our bit to help pick up the spirits of the tradespeople out there, and help you keep money flowing through their businesses as we head into this very difficult time.
The large construction projects, and the school building projects funded by the last stimulus package, are starting to dry up. However, we are still seeing strong demand in the home renovations market valued at over $30 Billion annually in Australia. In these tough times, where the sharemarket is full of uncertaintly Australian homeowners are turning to their most reliable asset, their home, and investing in maximising the value of their home.
As one of Australia’s leading online destination for home renovators, Service Central continues to receive thousands of job requests each month from home owners seeking to renovate their homes. Plus, we are working hard to develop closer relationships with Australian home owners so that we can continue to grow the number of home renovation work requests that we generate.
So how are you planning for the downturn? How are you structuring your business to survive through these tough economic times? Are you planning to:
- Start advertising more?
- Start taking more work from Service Central?
- Reduce your staff numbers and expenses?
- Just wait and see?
With these very tough economic times ahead, now is the time to act.
If you wish to secure access to the work that Service Central is generating, please contact us on 1800 737 842.
Business Consulting Quotes
from local business consultants
