Looking through past features of your local yellow pages you find the same domestic plumbing companies listed every year with few additions and subtractions. A few companies start and a few companies disappear every year. Why are so few new companies challenging the older, well-versed companies? Why are they not buying costly advertisements? Experience has shown me an ambitious and competent plumber with a winning personality, and superior people and mechanical skills, makes himself crucial to his company by winning the trust and confidence of the company’s customers. After a few years, the plumber, being naturally ambitious, begins to reason: I know how much we charge for material and how much I make: my company is taking the lion’s share. He tests the water with customers that she knows and gets a passionate response when he suggests that if he were in operation for himself, he could reduce their bill (he fortunately imagines bringing home more money working on his own).
Finally, he makes your choice, obtains Seattle Plumbing his licence and begins his start up company. As it turns out, he was correct. He does bring in more money, the customers can use love him and the future looks bright. Following a time, because he’s fulfilled his patron’s needs, the increasing load of new and happy, satisfied repeat customers becomes a challenge; he does not have the time to service them. When this occurs, he decides to rent anyone to do some of the work that she cannot handle effectively and efficiently. He markets and job interviews various candidates and prefers one he hopes will represent his new company in a positive light. Promptly, he finds out that being an employer requires the skills an owner and that it is a time-consuming job inside of it.
In a few months he sees the disadvantages of his new employee. While charming and loved by his customers, his new workman simply does not get enough done; he does good work but he is too slow. With less work done the profit border falls and the start up company owner is forced to increase prices. A number of his customers leave because they had been attracted by the low prices of his company in the first place.
Being more plumber than entrepreneur, he reasons that perhaps he could come back to his original prices if he can keep the phones calling. He tries various forms of advertising, gets a little more business via a small ad in the Yellow Pages, and employees a plumber and plumber’s asst. Now he’s no time for not admin duties. Whatever profit is comes in becomes his sole salary and is often less than what he earned at his old company. After a few years, he becomes despondent and either returns to working alone or goes out of business.
The cycle of employee to plumber and back to employee again is known in the domestic plumbing service industry. When the skills of owner and plumber come together in one business then there is a superb chance that you will see that company’s name in the Yellow Pages for years into the future. Keep this cycle in mind when choosing a company to service your needs.