Pro Installer October 2017 - Issue 55 | Page 8

8 | OCTOBER 2017 News Read online at www.proinstaller.co.uk SO YOU WANT TO START YOUR OWN INSTALLATION BUSINESS? Many people dream of starting their own business and while many succeed, many fail too. It can be very rewarding but there’s no doubt that it’s also hard work. Benjamin Dyer of Powered Now looks at how you can assess your likelihood of success and how to keep your chances as high as possible. Getting started Think carefully about costs Hundreds of thousands of people start businesses every year and a good chunk of these are installers. There are two crucial elements to a suc- cessful business and these are the ability to do professional work and finding enough work in the first place. Unfortunately, a few people start-up be- cause they keep on getting fired for doing a poor job. That’s the very worst reason and cannot lead to success. Instead, there will be constant confrontation with custom- ers, problems with people paying bills and even issues with trading standards. It’s much better to seek out a career where you have more natural ability. “Know your strengths and weaknesses” advises Alan Cope of Southwest Spas. Remember to budget for the minimum equipment you need to do the job. Good tools are worth it in the long run, but when you are starting up don’t go overboard. Having said that, it’s all too easy to get carried away. Running a successful business is all about generating a profit, not spending money. There is always a tension between investment and waste. Never investing is a poor choice but so is wasteful spending. Quality comes first Most installer businesses and particularly small ones, get the majority of their work by recommendation and repeat business. That’s why quality of work is so impor- tant. If you leave every customer with the impression that they have received good work for a reasonable price, you will suc- ceed. That’s the reason why you have to be realistic with yourself. Can you be bothered to do good work when you are your own boss? It’s not good enough to be good at the job, you have to be self-motivated too. Jessica Harris of Girl Power sees it this way: “reliability and honesty are key.” Finding initial work Reputation is great for getting work. But when you start out you don’t have any reputation. That’s why it may make sense to slowly build up some evening jobs and weekend working for friends and family to get you started. That way taking the plunge is much less risky. In our experience, some people have got their first work with folks they already know, some posted leaflets through all of the houses in the surrounding s