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I know that you asked for the advice from someone in the construction business - which I am not. However, I did want to challenge you in some areas to see if you have determined a specific identity for your business based upon a unique selling proposition (USP) and did you create a business plan based around that USP.
Here are 12 points to live by for building a business regardless of the industry:
- Create a business that integrates with your life plans of personal and economic goals.
- Be passionate about your business and the market that you are servicing.
- Build a business that is an extension of your strengths and experience. Know your weaknesses. Have them covered by others, but manage the results.
- Research your market (overall industry, competitors and customers). Make sure that the market is large enough to meet your financial goals and determine if the market is growing or shrinking.
- Have a business plan. Create a plan based upon a unique value proposition for your market at a reasonable price.
- Make sure that you are well funded.
- Get involved within your industry. Build a network of mentors, business associates and joint venture partners.
- Know your financial limits. Don't operate beyond your means.
- Take action. Stay involved. Don't let your business coast on autopilot.
- Provide a consistent, beneficial experience for your customers.
- Review your business and market on a regular basis.
- Make definitive choices and adapt quickly to the changes in your market.
Here's a post to help you with a USP:
If you haven't created a business plan yet, I have a free page on my site to help. Here's the link:
Go to Members page and share some info. Then develop a business plan