26 • INDUSTRYNEWS
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‘Cutting costs,
not cutting corners’
»»BENJAMIN DYER OF POWERED
Now examines how to run your
business so that you make more
money.
It’s feels like a crime when you
put in a huge amount of work
but don’t make much profit. That
can come from bad organisation,
paying too much for materials
and other things like not investing
where you should. The good news
is, life should be different and in
this article, I try to stimulate some
thinking of how it can be.
HAVING MATERIALS TO HAND
A quick rule of thumb says that
it will take an hour if you need to
buy any materials after you are on
site. That’s driving to the wholesaler,
parking, finding the right products,
queuing up to pay, loading the
goods and taking them back to site.
And we haven’t even talked about
the disruption to the flow of work.
You may also end up paying full
retail price with cash required on
the nail, rather than 30 days credit.
It’s simple. Being disorganised
in this way costs real time and real
money.
GET THE BEST FROM
YOUR PEOPLE
A friend was telling me that
he keeps his team working
(outdoors) whatever the weather.
Unfortunately the team seemed to
have different ideas when it was
raining or snowing!
I don’t know how much loyalty
his staff have. However, running
your team so that they are loyal and
take pride in their work will save
money and lead to more referrals.
It also means less rework and even
less unnecessary “resting”.
Some quick tips to help this
to happen are to praise pe