Time to diversify your business? Great new services you should offer.
According to Billy Ocean, “when the going get tough, the tough get going”. As the Australian economy contracts, and the Building industry slows down, it might be time to start considering how you can diversify your business and offer more services.
At Service Central we track closely the return on investment that each of our tradespeople receive. Our account managers work closely with your business to ensure that you make as much money as you can from your membership. In our experience, it is the businesses that have the most flexibility and are open to expand their business into new services that do the best out of Service Central. With this flexibility, our account managers are then able to review the jobs coming into Service Central and work with you to identify the niche opportunities that can be super profitable for your business.
Some examples of the successful recommendations that Service Central has made to our members include:
- Painters to get into Plastering: Because every plastering job then requires a painter to paint it.
- Electricians and Plumbers to expand into Air Conditioning: There is a huge peak of Air-Conditioning jobs whenever there is either a really hot day or a really cold day. On these days every air-conditioning company can’t keep up with the demand, therefore leaving a huge opportunity for electricians and plumbers that have added this specialisation to their skill set.
- Handyman, Carpenters and Builders to consider Fencing: Fencing is one of the hottest trades in the country, with a huge shortage of fencing companies there is a very big opportunity here for any business looking to grow.
- Electricians to consider Antennas: Antenna jobs whilst not paying as much can be a great way to grab a little extra cash each day.
- Builders to partner with an Architect: If you’re able to provide plans and permits for your consumers then you will win more work.
- Builders to consider Restumping: Its another high-demand category, and a great way to connect with consumers at any stage of their renovation project.
- Plumbers to try Skylights: There is a nice flow of Skylight jobs coming through, especially after a big storm.
- Electricians to try Solar: Definite growth in new solar panel installations and repairs.
- Carpenters to look at Windows and Doors: Find a good supplier and this can be a great money spinner.
- Kitchen Renovators to get into Cabinet Making: Often consumers start you on a small job (wardrobe, bookcase, etc) and then once they know and trust you they upgrade you to a full kitchen renovation.
- Bathroom Renovators to get into Refinishing: Many people just want their baths, showers and tiles resprayed so that they look like new.
- Appliance Repairers and Air-Conditioning companies to try Refrigeration: There is a huge shortage of refrigeration mechanics.
- Electricians to try Security Services such as alarms and intercoms.
- Electricians to try Telephone Systems.
- Bathroom Renovators to specialise in Waterproofing as it is an essential part of renovating bathrooms and can introduce you to more consumers and/or builders looking for bathroom renovations.
- Appliance Repairers to learn how to repair Treadmills: The growth of the home fitness industry has lead to a huge surge in job requests for treadmill repairs.
On a category by category basis, some of the biggest opportunities that your business can expand into includes:
- Appliance Repairs
- Antennas
- Architects
- Asbestos
- Cabinet Making
- Carpet Cleaning
- Cladding
- Curtains & Blinds
- Demolition
- Doors
- Drafting
- Excavation
- Fencing
- Floor Sanding
- Floor Sealing
- Garage Doors
- Gardening
- Glazier
- Handyman
- Home Cleaning
- Land Surveying
- Locksmith
- Pest Control
- Refinishing
- Refrigeration
- Removalists
- Restumping
- Security Services - Alarms
- Shade Sails
- Shop Fitting
- Skylights
- Solar
- Stone Masonry
- Swimming Pools
- Treadmill Repairs
- Tree Lopping
- Waterproofing
- Windows
So how do you diversify your business and move into these areas? Well the first step is to call your Service Central account manager today.
Can’t remember your account manager's number? Or haven’t yet started your Service Central membership? Simply, call 1800 Service (1800 737 842) and our friendly staff will help you out.
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A successful recommendations that Service Central has made to members include
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