Look Back to Move Forward in 2025

Soon, 2024 will become history, and 2025 will move from the future to the present. As this year winds down, you’re likely thinking about ways to improve your business in the year ahead.

Find the key to unlocking greater success by proactively observing this past year. Here are four areas to assess:

  • Supply chain: If you struggled to get materials on time, close gaps between when your customer signs your contract and when you order from your suppliers. Also, consider keeping frequently ordered materials
    in stock to avoid delays.
  • Technology: Are manual administrative tasks consuming your time? Consider software tools to help you handle your accounting, manage projects, and communicate with workers and customers more efficiently.
  • Project profitability: Review the profit margins of the jobs you completed this year and take note of which projects were most profitable. That exercise will help you decide where to focus your efforts in 2025.
  • Customer communication: How quickly did you respond to requests for quotes? Were you proactive in letting customers know the status of their projects? Reflect on how your level of communication affected your customers’ satisfaction and your business’s reputation.

We wish you abundant success in the New Year!

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