Roofing contractors are given very little room for error when it comes to growing their businesses. What may seem like a sound business decision can prove catastrophic later on, and what may seem like a completely legitimate business transaction could prove otherwise under closer examination. In order to scale your business accordingly, you’ll need an experienced roofing business growth consultant on your side.
At Cotney Consulting Group, we’ve helped roofing businesses of all sizes overcome obstacles and thrive. Sometimes, success for a roofing business means scaling up, branching out into new and exciting markets. Sometimes, it means scaling down and cutting costs until the time is right to grow again. Regardless of the business decisions you’re facing, a business consultant for roofers can help you make the right choice.
There are numerous factors that must be considered before taking the leap and growing your business. Chief among these considerations is revenue and profitability. Is your company making enough money to overcome the up-front costs of operating your business? Is your company losing money in ways not often considered? And even if you have a grasp on direct costs, you may still be blindsided by soft costs (taxes, inspection fees, loan-generated interest, insurance fees, etc.). It’s not until you assess the health of your roofing business — one of the many services we provide — that you can determine the best course of action.
Growing your business isn’t all about literally becoming a larger business; it’s about becoming a more efficient business. At Cotney Consulting Group, we can perform revenue analysis to maximize your net profits. We can also optimize your organization, ensuring that your employees are appropriately compensated, and optimize project management, ensuring that unforeseen delays and costs are minimized.
As of the time of this writing, many roofing companies are faced with the seemingly impossible task of remaining profitable while working with limited resources. In order to grow in the future, companies must sometimes scale down in the present. This is a difficult choice for any business owner, but with the assistance of a roofing business growth consultant, it could be the perfect time to reassess your business’s strengths and weaknesses, optimize your organization, and cut costs. Once the roofing industry rebounds, your business can be poised to grow into a more successful business than it ever was before.
Every day, you’re faced with decisions that impact your company’s future. How can I best compensate my employees? How can I best cover the cost of rented equipment? How can I better predict costs on my projects? All these questions add up to: How can I grow my business? For the answers to all these questions and assistance with growing your business, consult a roofing business growth consultant from Cotney Consulting Group.
Disclaimer: The information contained in this article is for general educational information only. This information does not constitute legal advice, is not intended to constitute legal advice, nor should it be relied upon as legal advice for your specific factual pattern or situation.
Connect with an experienced consultant who will dedicate themselves to ensuring you and your roofing company’s success.