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Quick Business Tip – What are the typical issues of trades businesses?

August 05, 2021

What are the typical issues of trades businesses?

Typically, trades businesses rely on trust to stand out ahead of the various competitors. Most common issues faced are:

  • Finding experienced tradesmen
  • Finding young, enthusiastic apprentices with a care factor
  • Lack of a strong support structure in admin, often performed by resentful spouses who most likely and rightly would prefer to do other work outside of the business
  • Attendance
  • Discipline
  • Presentation
  • Communication
  • Invoicing
  • Collection of outstanding debts
  • All paperwork
  • Time management
  • Weekend and evening work
  • Lack of vision
  • Marketing knowledge tends to be very low
  • Financial management skills are typically low

If you are in these industries, working with a business coach will help you with all of the above. Even if you were in a partnership, you don’t have to be alone in facing all of those challenges. Reach out and see how far you can go.