Having your own business means keeping current with the best ways to keep your services affordable without losing customers. Here are 4 ways swimming pool businesses can keep costs down without sacrificing quality and customer service. HFS Financial has nearly 60 years of experience in the home improvement loan industry. We want to give you some fresh ideas to consider as you work to keep the costs down for your spectacular pool projects.
First, you want to plan ahead as you shop for supplies. You don’t want to run out of items and then be forced to pay an outrageous amount for necessities on a job site. This means you want to shop around in advance for all of the supplies you know you will need to find the most affordable prices for quality items. Swimming pool business costs are not small, which means you want to make the most of every penny.
Build a good relationship with your suppliers by being a loyal customer. Various suppliers will have the best price for your vast array of supplies. This just means don’t do one-stop shopping either. Keep detailed records of which place has the high-quality products you want to offer at the most affordable rate, and shop accordingly. Also have a backup list in case the demand is high and your item is out of stock with your preferred supplier.
Delegate Duties Diligently
Next, you want to be able to delegate duties diligently. You need to have employees that you can trust and count on to deliver the same excellent service you would. Each job site needs a manager who will keep the project moving swiftly and safely, without wasting materials or manpower.
Meet with your entire team of workers on a regular basis to ensure that your mission is always before them — ensuring excellent quality and customer service. Also make unannounced visits to the job sites to see that all is running smoothly. If you find anything amiss, make the necessary changes right away to prevent having to redo work later. Small errors can be costly in the long run.
Invest in Insurance Intentionally
Another thought for swimming pool business ideas is to invest in insurance intentionally. You can somewhat control the quality and customer service provided by your business by carefully selecting your workforce. However, there are some things you can do nothing about.
Perhaps an inclement storm rolls in and destroys the progress on an entire project. You don’t want to have to pay to start over from the ground up. But if you have good insurance coverage, things like this are not going to be as painful, because you won’t have to rely solely on your regular budget expenses to cover the costs.
Offer Financing Options
Last on our list of 4 ways swimming pool businesses can keep costs down without sacrificing quality and customer service is this: offer contractor financing options for the customers of your swimming pool business. To keep your cash flow moving, you need regular income. HFS Financial makes customers cash buyers — a definite win.
It takes just 60 seconds for your customers to inquire today about ANY home improvement loan. We are also available at 1-800-254-9560 to answer questions about the loan process. Partnering with us allows you to have the peace of mind that excellent customer service is still being offered by anyone choosing your company for their project. With HFS Financial, “You Dream It, We Finance It!”