Clearview National February 2019 - Issue 207 | Page 71

INSTALLERSUPPORT every ladder that had been left at my house, I would have …. a lot of useful different types of ladders, which I do! Why people have left them I really don’t know. Even when we have reminded them they still didn’t bother to pick them up. Beats me. They had projected a huge saving since this was the most critical tool needed for most of their jobs. Just be careful with cost cutting. Some investments actually reduce costs and this can particularly apply to quality tools. FOCUS ON THE BIGGEST COSTS THINK ABOUT A SYSTEM All costs reduce your profits. The big trap that can be made is to pay too much attention to the little costs and not enough to the big ones. To avoid this, look at your end of year accounts and see where most of the money is going. The biggest costs could be your vans, hire costs, insurance or even overtime. You should start your cost savings where the biggest potential lies. Investigate that area, it’s where your time is best spent. I was talking to someone who ran a trade business recently and that had just bought a mini-digger. They had looked at the money they had spent on hiring diggers over the last year and then located a second hand one. Marcelle Stoughton who runs Fencing Services with her partner suggests that: “To be profitable, you must be as efficient as possible”. As the CEO of an app provider, I am obviously biased, but I genuinely believe that big savings come from using the right system. With more and more tablets and smartphones around and millennials very familiar with them, there is an increasing proliferation of apps to run on these devices. They are much easier to use than old PCs and can be used on-site. There are many advantages including time- saving, efficiency improvements and faster and better quotes. And as we all know, for installers, time is money. Features that are often included are quotes, invoices, payments, chasing late payments and also shared diaries, tracking people and company chat from within the app. One of the biggest benefits is having everything in one place and avoiding a mountain of paperwork. Instead, documents can be found with a simple search and automatic backup means they can’t be mislaid. AT THE END OF THE DAY Hopefully we all enjoy our work but at the end of the day we all want to make a decent living too. To achieve this, it’s good to stand back and try to look at the big picture. Thinking around the business often provides ideas for improving things which can also make life simpler. Benjamin Dyer is CEO and co-founder of Powered Now. Powered Now’s mobile app aims to make it easier for all sorts of installers and other trades to run their businesses. www.powerednow.com C L E A RV I E W-U K . C O M » FE B 2019 » 71