If you own a roofing startup, it’s important to do your best to ensure that you give your business the best chance of growing and thriving. This can help you get great returns and grow an empire that will make you good money as time goes by. To do this, you should avoid making mistakes that could set you back considerably, and outlined below are four of these mistakes.
1. Hiring the Wrong People
To begin with, it’s not a secret that you’re going to need the help of a reliable team to make it in the roofing industry. That said, hiring the wrong people will become more work than actual help for you. This makes it important to hire the right people to work with, and these are people who are experienced, knowledgeable, and passionate about roofing.
Those who are in charge of installation in your business, for instance, should know things such as that the average residential roof in America is 1,600 square feet in size, according to Roofers Guild. When you have informed people working for you, it will be easier to keep up with the various details of your business and have a chance of turning a profit, and you won’t spend precious time babysitting your hires.
2. Not Keeping Track of Your Costs
Failure to keep track of your business costs is one of the worst things that you could do for your business. That’s because you need to know how much you’re spending on various aspects of your business so that you can find ways to track and manage these costs.
This way, you’ll know how much you need to charge for various services in order to make money at the end of the day.
3. Taking on Too Many Jobs
While the main intention of your business is likely to scale up, you should remember that it’s best not to bite off more than you can chew. Keep in mind that there will be seasons that are busier than others, and you may be tempted to grab as much work as you can so that you compensate for slow seasons.
That being the case, taking on more jobs than you have the workforce to handle could lead to a dent in your reputation as you’ll likely do a poor job and leave dissatisfied customers in your wake.
For inspections and lighter tasks, it’s possible to take on significantly more jobs than you would for more involving tasks like replacements.
That’s because these can be done fast and safely with no negative impact on quality. Most homeowners are going to pay for such services if they’re aware of the fact that it’s recommended that you have a roofing contractor inspect your roof if it’s more than 10 years old, according to Bob Vila.
4. Failure to Keep Up With Technology
Finally, it’s important to keep in mind that technology is going to be in a state of constant evolution, and you need to keep up with it. Failure to do so will leave you irrelevant to a large portion of the market that wants to get the best roofing for their homes and commercial spaces.
For instance, one of the roofing that’s currently in high demand is stone-coated steel roofing. This is 100% recyclable, has a Class-4 hail impact resistance and a Class-A fire rating, and is extremely lightweight at a mere 1.4 lbs per sq ft.
Over time, there may be newer roofing technologies that will be appealing to people and that you can benefit immensely from making a part of your product and service list.
Remember these four mistakes and steer clear of them if you want to give your roofing business a great chance to grow. Keep an open mind and try to learn from other people’s mistakes so that you save time and money on costly trial and error.
This way, you may soon become a familiar name in the industry and reap the results of your hard work.