The year is nearing its end. Have you taken advantage of the tax breaks available to plumbers and drain cleaners?
Business Series: Developing a Plumbing Website
Not too long ago, people relied on word of mouth or the phone book to find a plumber or drain cleaner. Now, customers are more likely to search online. If you don’t have a website, you may be overlooked. In fact, research shows six out of ten consumers expect businesses to have an online presence, and more than half of these consumers head straight to a company’s website when they want information.
Topics: Business Series, The Drain Business
The young people aging into the workforce are causing quite a stir. Commentators love to write off Generation Y, or millennials, (born approximately 1980 through the mid-1990s) and Generation Z (born roughly between 1996 and 2013) as unreliable and lazy. But while there are a few bad apples in any group, it’s not a label that should be applied to entire generations.
These traits can be found in people from every generation! Millennials' length of time at a job is no shorter than Gen X-ers when they were entering the workforce, according to a Pew Research study. The tendency to "job-hop" is not a problem with the people born during a certain decade: it’s an age-group flaw. But it is true that these up-and-coming generations are changing the workforce. For the trade industry, these changes can be jarring.
Cable Machine Blades and Attachments Guide
To do a job right, you need the right tools. When it comes to cable machines, the appropriate blade type and proper application are essential to success. Before unclogging a drain, inspect both the blockage and the line to figure out which attachments will be best. The pipe diameter determines the cable size you should use, which end tools will work, and how the end tools attach.
Topics: Problem-solving, Resources
Did you know the average small business waits 21 days to get paid? Or that the average small business has only 27 days worth of cash reserves on hand? These stats are jarring because cash flow problems can have major ramifications for your plumbing and drain cleaning business. Healthy cash flow is important to survival, and it requires more than the right amounts of money coming in and out; you have to take timing into account, too. Getting paid on time and in full is key to the success of your business.
Topics: Business Series, The Drain Business
According to a Wall Street Journal study, applicants only spend about a minute reading through a job description before deciding if it’s a good fit. So, how can you write a description that captures the important points quickly and clearly? Consider the job description to be a first impression.
Eighty-two percent of all businesses fail because of poor money management. Given this number, ensuring effective money management should be a priority for any small business looking to thrive and succeed in today’s economic environment. And having a thought-out, well-written and executable budget is a necessary component of running a business that can withstand common financial roadblocks. Budgeting can help your business become financially sustainable by helping you:
Topics: Business Series, The Drain Business
As a small business owner, deciding your hourly rates is one of the most important tasks that you face. You have to look at your business in a holistic manner, balancing costs with profit, and calculate a number that can satisfy both.
Topics: Resources, The Drain Business