You have to keep costs down so that your business can be successful. Facts are facts. But there are so many fencing and decking contractors who end up cutting costs in ways that are detrimental to the quality of their business. And that’s not the contractor you want to be.
You need to be the fencing and decking contractor who keeps the quality of his business up while also keeping costs low. Seems impossible? It’s definitely not. Here are four ways fencing and decking contractors can keep costs down without sacrificing quality and customer service.
Keep Costs Down with Material Management
One of the biggest costs for fencing and decking contractors can be your materials. But that’s also one of the better places to cut costs. You know the old tricks of buying your materials in bulk when you can, but you can also consider looking at different suppliers.
One thing to consider is building relationships with those suppliers. You can ask them to help you watch different pricing trends for your materials, so you’ll know when it’s the best time to buy. And you can keep detailed records of exactly how much material you use. Avoid over-buying, so you don’t spend more than is absolutely necessary.
And you can also look for less conventional materials for your build that might be less expensive than more popular fencing and decking materials. Get creative for you and your clients, so you can keep costs down.
Simplify Your Design Offerings
When you come to a project that seems to be adding up the dollars, one simple solution to keep costs down is to simplify your design offerings. You can obviously use this strategy on a case-by-case basis, but when you have a simple, functional design, you’re going to have an easier time with materials and construction.
There’s also less potential for any mid-project changes which can lead to unexpected costs. Keeping your design and project plans simple can help keep costs down.
Efficient Workers Keep Costs Down
Prioritizing and keeping efficient, reliable, and skilled workers can also keep costs down as a fencing and decking contractor. We realize that finding and keeping these workers is often easier said than done. But it doesn’t change the fact that good team members keep costs down.
You can do some things to make sure those good workers stay around. Pay them well. This may seem counter-intuitive, but a decent worker will help you save money to the point that it’s definitely worth it.
You can also create a work culture that takes pride in their work. When your crew is dedicated to doing their work well, they’ll make less mistakes, build better, and keep costs down for the whole team.
Offer Contractor Financing
And finally, offering contractor financing is a great way to keep your costs down for your fencing and decking business. You really can save a lot of money when you cut down your build times. Time is money, after all.
Offering contractor financing through HFS Financial can actually help you save time on your fencing and decking projects. All HFS funding options loan 100% upfront, so your clients can function the same as cash buyers. That means there’s no stage funding. And that means there’s no waiting around. You’re more efficient, so your costs are lower.
So, you see, it is possible to keep costs down without sacrificing quality and customer service.
If you’re not yet offering contractor financing through HFS Financial, then don’t delay. Contact our team through our quick contractor application. Upon approval, we’ll have financing for your business up and operating sooner than you may think. With HFS Financial, “You Dream It, We Finance It.”