6 Tips for Running a Profitable Home or Commercial Services Business

profitable home service business

Many people want their homes and workplaces tidy and well kept. But, not many have the time, willingness, or skills to do it themselves. This presents an excellent business opportunity in the service business for entrepreneurs who don’t mind getting their hands dirty. 

Whether it’s a residential/commercial HVAC, electrical, or plumbing business, it’s imperative that you have a basic understanding of what it takes to succeed in a field service business. Keep reading as we explore six essential tips for running this kind of business.

1. Embrace Efficient Business Running Systems

Times have changed, and so is how businesses are done. To run a profitable business in this fast-changing world, embracing technology is a must. Today’s customer is much more digitized and feels more at ease interacting digitally.

Luckily, incorporating the right solution in your field service business can help schedule jobs more efficiently, optimize routes, and streamline other operations. If you are not sure what software suits your home or commercial field business better, this side-by-side comparison of Housecall Pro vs Jobber by ServiceTitan can help you decide. 

2. Focus On Customer Satisfaction

In any field service business, what customers say about you can make or break your business. And for that reason, your company should seek to amaze customers. 

With every customer, focus on providing services that address their specific needs. That way, you will win them over, and they will likely call back or recommend your services to others. You may also ask for customer feedback so you can keep improving your service delivery. 

3. Do Not Undersell Yourself

As a startup, you may feel the urge to undercut the competition by underselling yourself. Although the strategy may work in the short run, it may significantly undermine your profit margins. 

A better strategy would be to outperform them by doing a better job. You could investigate your competitors’ approach and think of what you can do better to stand out and possibly win over their customers.

4. Keep Knocking On Doors

Growing your clientele is key to succeeding in business. To grow, you have to get the word out there. Keep knocking on doors from restaurants, offices, and homes. Although it is an old-fashioned approach door to a door-to-door sale remains an effective marketing strategy.

Besides door to door, you could embrace digital marketing strategies. These include everything from Email marketing, social media ads to PPC campaigns. 

5. Build an Online and Offline Reputation

There are so many avenues for meeting potential clients on the internet and social media. You do not have to start big. You could start by posting tips on social media about home and commercial services that lean towards the services your business provides. This kind of approach portrays you as an authority in the field and helps build customer trust. 

Besides building an online presence, it is also a good idea to build your brand locally. Put up fliers in strategic places like office buildings, coffee shops, and any other place you think your potential customers would visit. Additionally, you could participate in sponsoring local events, which is also a great way of getting people to know your business.

6. Take Care of Your Employers

Your workers are the heartbeat of your field service business. Ensure that you keep open communication with your team and ensure that their needs are well catered for. Happy workers offer better services and ensure customer satisfaction.

Final Words

The goal of every entrepreneur in setting up a business is to make profits. Whether you’re into a residential HVAC, electrical, plumbing, or any other field service business, the tips highlighted in this post can ensure that you get maximum returns from your business.