Pro Installer October 2015 - Issue 31 | Page 48

48 OCTOBER 2015 PRO INSTALLER PRO BUSINESS www.proinstaller.co.uk WHAT IS A CONTRACTOR GUARANTEE? If you’re an independent contractor or a builder, offering a high quality contractor guarantee should form an integral part of your business. REASONS IT MAKES SENSE TO OFFER A HIGH QUALITY INSURANCE BACKED GUARANTEE The CPA is one of the most experienced companies when it comes to offering high quality Insurance Backed Guarantees. Choosing an Insurance Backed Guarantee from companies like The CPA can give tradespeople and their customers extra peace of mind when it comes to installations. ISO 9001, the most widely-adopted quality management systems standard has benefitted millions of organizations globally - with users reporting increased growth and productivity and significantly higher customer satisfaction and retention. The standard has undergone its first major revision since 2000 to incorporate changes made following feedback from users and experts around the world. Terms crucial to understanding ISO 9001 are defined in ISO 9000*, which has also been revised, with both standards published on 23 September. WHAT IS A CONTRACTOR GUARANTEE? A contractor guarantee is a term used to describe an Insurance Backed Guarantee: the guarantee that all UK independent contractors and builders must offer by law to customers when carrying out an installation or project. An Insurance Backed Guarantee is designed to protect tradespeople and their customers in the unlikely event of a company ceasing to trade. Available for a period of up to 10 years, and backed by a UK authorised insurer, an Insurance Backed Guarantee raises consumer confidence as homeowners will know that they are protected should your business go bust. If, because of liquidation, receivership, administration or winding up of a business due to bankruptcy, state retirement or death, the company no longer exists, faults appearing after they cease to trade may be covered by the Insurance Backed Guarantee. As of June 2014, all UK tradespeople must offer an Insurance Backed Guarantee with any installation they carry out. This means that finding the right guarantee that can protect tradespeople and their customers, whilst enhancing reputation, is more important than ever. 2015 Quality Management Systems standard now available ‘Offering a high quality contractor guarantee from a respected and industry-renowned company such as The CPA can help to improve the reputation of a business’ Here are some of the main reasons it makes sense to offer a contractor guarantee (or Insurance Backed Guarantee): 1. LEGAL PROTECTION YOU CAN TRUST By offering a contractor guarantee tradesmen and their customers can benefit from extra peace of mind about your legal protection in the unlikely event of something going wrong during, or after the installation. All of the contractor guarantees that The CPA offer are provided by a UK authorised insurer so that tradesmen can be sure of receiving high quality legal protection should anything unforeseen happen. 2. PEACE OF MIND With a contractor guarantee from tradesmen can rest safe in the knowledge that you’ll be complying with the law. 3. A BETTER REPUTATION Offering a high quality contractor guarantee from a respected and industry-renowned company such as The CPA can help to improve the reputation of a business. Offering an IBG from a respected company is a great way for tradespeople to make their company more attractive to customers. Source: www.thecpa.co.uk Since 2000, the way we do business has changed enormously. We have instant access to information and higher expectations of organizations we work with, whilst having to deal with more complex supply chains and a globally competitive economy. ISO 9001:2015 has been revised to take this into account. Some of the key changes include: • Greater emphasis on building a management system suited to each organization’s particular needs • A requirement that those at the top of an organization be involved and accountable, aligning quality with wider business strategy • Risk-based thinking throughout the standard makes the whole management system a preventive tool and encourages continuous improvement • Less prescriptive requirements for documentation: the organization can now decide what documented information it needs and what format it should be in • Alignment with other key management system standards thr ough the use of a common structure and core text ‘The importance of achieving, maintaining and improving quality within organizations, cannot be emphasized enough’ Anne Hayes, Head of Market Development for Governance and Resilience at BSI, said: “The importance of achieving, maintaining and improving quality within organizations, cannot be emphasized enough. As supply chains become more complex and productivity levels increase, so does the need to ensure all contributing elements are operating to the highest standard. ISO 9001 is the world’s most used management system standard for good reason. It ensures businesses are not just doing ‘enough’, but taking additional steps to further reach their potential. The aim is to become more efficient, reliable and to enhance reputation and trust.” Pre-order ISO 9001 at: shop. bsigroup.com/ISO9001 *ISO 9000 Quality Management Systems. Fundamentals and Vocabulary