‘Business Management’ Category

The Risk of Subcontracting a Service

Most contractors especially in the construction industry use subcontractors to complete some of their projects. Some people get contracts without h...

 

Most contractors especially in the construction industry use subcontractors to complete some of their projects. Some people get contracts without having the required expertise and experience to complete them. They subcontract it to another business commonly referred to as subcontractor. It may also happen that a company gets a project or contract that involves other jobs that it does not do. In this case, it has to subcontract those jobs that it cannot complete internally to other businesses. The term subcontractor may create the impression that a subcontractor cannot big projects. This is not actually as many of them are also full time contractors with large labor force and equipment to carry out any project. A subcontract therefore is a person or a business that does some job for another company as part of a larger project. 

Subcontracting a job gives many benefits. However, as there is always another side to every coin, it has its own risk. So, if you are subcontracting a job, you should take note of the risk and try to avoid them. Here are some of the risks of subcontracting a service.

Not completing the job on time:

The first problem you should anticipate especially if you are subcontracting several jobs that form part of a project to multiple contractors is the possibility of one not showing up on time or completing the project as schedule. Experiences have shown that some subcontractors do not keep to schedule. They get many subcontracts from other businesses but they end up disappointing some people. The best solution to this problem is to give each subcontractors deadlines on when to start and complete their own part of the job starting with those whose jobs are to be completed earlier before others can do theirs. Call the service provider one week and 3 and a night before they date for the start of the project to make sure that things are working as planned. Have your plan B ready. Switch over to plan B if the person does not show up.

The second problem associated with subcontractors is the problem of speedy and quality delivery. One thing is completing the job on time and another thing is delivery quality service. As evident from experience, some subcontractors speedily completes their job but their workmanship is nothing to write home about. In their attempt to cut cost, they use inferior materials and thus deliver poor quality jobs. There are also situations where contractors deliver quality services but not on time. The best way to avoid this problem is to ensure that you hire reliable subcontractor who works according to agreement and in keeping with good work ethics. You may spend more but at the end you will get value for your money.

The third problem is the problem of a subcontractor destroying the work of another in cause of delivering his own services. To avoid this problem or to avoid spending extra money, you should discuss the project in details with the subcontractors and let those doing their work last know that if they destroy other people's work, they will be hold responsible for it.

How to Make More Sales During This Christmas

 

Christmas is a great season and celebration which almost everybody across the globe celebrate. It is a time that most businesses make a lot of sales because many people have a lot to buy this period. Unfortunately, some people are not able to take advantage of this period and make a lot of sales. If you are a business owner, whether you are selling online or not, you should take advantage of this period and make a lot of sales. There are a number of things you should do in order to enhance your sales during this period. Here are some of the things you should do to improve your sales during the Christmas period.

Have a great selection

As it is mentioned above, Christmas a period or a time many families, individuals and even organizations buy a lot of things. One of the things to do in order t take advantage of this period is to stock a lot of goods on time for the buyers. Consumers normally look out for stores that will offer options. They will not like to come to a shop where there are limited options. Nobody has time to waste shopping around. Whatever you are selling, as a rule of the thump, you should have varieties and impressive selection for the buyers so that they will not have any reason not to buy from your site.

Have a well designed, attractive and mobile friendly site

The importance of a website in the online business cannot be overemphasized. It is the first marketing tool you have and the first impression visitors to your website have about your business is the look of your business. So, it is important that you hire a professional to design a professionally looking and user-friendly website for you. Nowadays, many people have taken advantage of the mobile technology. They do a lot of things via the mobile devices. So, you should make your website to be mobile friendly so that people who do not have computers or who prefer using their mobile application can access your website and make your purchases.

Launch promotions, bonanzas and discount deals

Shoppers are on the look out for businesses that will give them discounts on their purchases during this period. The buy from more from businesses that offer them discounts in various ways. So, you have to work out a promo deal or discount deals that will attract consumers and at the same will not put your business into a tight corner or at a disadvantaged position. If you have impressive promotion deals, definitely, you will be able to attract a lot of online shoppers.

Promote your business via a number of means

No matter what you are selling or how impressive you promo or discount deals are, if you don't promote your business, you may not get enough visitors to your website. Online means of promotion are channels through which you let consumers know about products and service and also direct them to your website. There are a number of them such as SEO, blogging, social media and other. It is better if you use several of them. Using multiple means is a veritable means of generating enough traffic in your website.

Donate to charity from sales made

This may surprise you. However, there are a number of consumers that are not happy that people are commercializing Christmas. So, they buy more from businesses they think that contribute to charity.

Send email newsletter to your database

Email newsletter is one marketing strategy that will work very well for you during this period. So, you should take advantage of that and send email newsletter to both your existing, old consumers and people who have signed up for newsletter in your site but are yet to buy anything from you.