Renozee insights; how to make the most of 2022 - PowerPoint PPT Presentation

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Renozee insights; how to make the most of 2022

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Did you know that spending in the home remodeling industry is projected to grow by 9% in 2022? The study came from the Joint Center for Housing Studies of Harvard University. They explain that a booming housing market and rapidly growing home equity are playing a part. – PowerPoint PPT presentation

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Title: Renozee insights; how to make the most of 2022


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Renozee insights how to make the most of 2022
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  • Did you know that spending in the home remodeling
    industry is projected to grow by 9 in 2022?
  • The study came from the Joint Center for Housing
    Studies of Harvard University. They explain that
    a booming housing market and rapidly growing home
    equity are playing a part.
  • In other words

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  • Homeowners will probably continue being a strong,
    steady source of business.
  • Thats great news!
  • With Cincinnatis population on a steady rise for
    the first time in decades, its no surprise.
  • We hope youre ready to make the most of 2022
    with your business.

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  • Remember to advertise consistently, politely ask
    your satisfied customers for referrals, and hire
    good sub-contractors!
  • If you arent already- you should consider
    downloading the Renozee App and subscribing to
    our service. It gets you more home renovation
    projects in Cincinnati without having to pay any
    lead or finder fees and streamlines customer
    communication.

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  • 20 million for home improvement in Cincinnati
  • Fifth Third Bank is making a 20 million dollar
    investment in home improvement in Avondale- one
    of our largest neighborhoods.
  • This is part of a nationwide move to develop
    low-income black neighborhoods and improve living
    conditions. Avondale is one of 9 neighborhoods in
    the country that has received a similar grant.
  • It remains to be seen how exactly this money will
    be used.

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  • 20 million can go a long way for a lot of home
    improvement contractors- but we suspect much of
    the money will go to government contractors.
  • You can read more about it here.
  • This is why all home improvement contractors
    should take pride in their work. When it comes to
    improving peoples lives, improving where they
    live can go a long way.

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  • We dont just provide a shallow service that
    gives a cheap thrill. We change peoples lives.
    We create new memories in childhood homes and
    help people enjoy retirement. We touch peoples
    homes in a way that makes them happy, proud, and
    comfortable.
  • Were proud to be from Cincinnati, where these
    great changes are developing And, were proud to
    be in this industry with you!

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  • P.S. If you havent already downloaded the
    Renozee App and subscribed to our service, you
    may consider doing that to help out with your
    business and win more home renovation projects in
    Cincinnati. We connect contractors like you to
    homeowners looking for your services. We charge 0
    lead and finders fee, too.

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  • Should you scale up in 2022?
  • 2022 looks like it will be a great year for home
    improvement contractors in Cincinnati.
  • If your business is going well, you may consider
    scaling up. But is it appropriate to do that? Are
    you prepared to scale up, and will you be happy
    you did it a year from now?
  • In this email, well review a few questions you
    can ask yourself about your business, and
    yourself.

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  • Be clear on your goals before starting.
  • Do you want more jobs?
  • Do you want higher-paying and larger jobs?
  • Do you want more management to do the work for
    you so you can relax?
  • Most importantly, what do you need to do to make
    your goal(s) happen?

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  • Ask yourself are you and your team ready?
  • Warren Buffet once said something to the effect
    of It stops being fun once you have more than 10
    employees. He was half-joking. Scaling a
    business can change your life- and your bank
    account- but stress you out to high hell.
  • So, what are some indicators that you could make
    moves to scale up?

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  • Can you confidently handle all the projects that
    come your way?
  • Does your work always produce satisfied
    customers?
  • Is it easy to communicate with your customers and
    your team?
  • Can you hire reliable workers, if necessary?
  • What should you look out for?

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  • Is it too stressful running your business as it
    currently is? Do you feel like a chicken running
    around with its head cut off- constant deadlines,
    unreliable workers, angry annoying customers, and
    stress?
  • If so, scaling will probably make your problems
    worse.

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  • Focus on profit, not pure revenue and sales.
  • Again, this is where its important to be clear
    with yourself. What are your goals for scaling?
    Do you have the means to handle more / larger
    jobs? Is your team (if you have one) ready for
    it, and can you rely on them?
  • You may start advertising more, hire more
    workers, and get more work. But, if you dont
    scale efficiently, you may end up with lots of
    extra work

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  • And only a bit of extra income. This happens when
    you have unreliable workers, unclear scopes with
    new customers, and a low referral rate. When this
    happens, you become a slave to your business-
    always putting in extra hours to pick up the
    slack for your team, get new bids, and
    communicate with customers and team members.
  • Remember, youre the boss. Dont let your
    business become the boss of you.

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  • Remember your mission
  • Your success will come from satisfied customers
    referring friends, family, co-workers, and
    industry contacts.
  • Its easy to get carried away by the extra work,
    the increased income, and the people management
    And, its easy to forget about what matters most-
    the customer.

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  • Even if theyre sometimes annoying, or
    inconsiderate, or even clueless, remember that
    your customer pays the bills. Theyre your
    lifeblood, and they have the power to help you
    achieve the scale you want. Treat them like
    royalty, and theyll pay you back in spades.
  • The Renozee app makes communication with you and
    your customers easier, and it helps you win more
    home renovation projects in Cincinnati without
    having to pay a lead or finders fee.

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  • If you havent already downloaded the Renozee App
    and subscribed, you may consider taking a look.
  • Good luck, and remember were here to help you!
  • The Renozee Team

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