As of June 2019, the average salary of a roofer in the United States is slightly over $33,000, according to PayScale. Just like any other job, a roofer’s salary is determined by experience and educational level, but there are additional aspects to the industry that can help you boost your yearly wages. A successful roofer isn’t just one thing. Along with repairing and installing roofs, you also have to be excellent at business. With that, here are three business strategies you can use to make your way of becoming a millionaire roofer:
Get the right team
You can’t become a success all on your own. In order to get where you’re wanting to go, you’ll need to have the right team working with you and helping you along the way. Hire a team of professionals that excels in sales and communicates with each other.
To make it to the top, you’ll need to be a leader. This quality is especially helpful in the roofing industry due to all the competitors you face. As a good leader, you can eliminate the competition and lead your team to the top. You should also set goals with your team that drive revenue. By focusing on this, you’ll be sure to generate profits for your company.
You should also have a marketing team to promote your business. People can’t hire you if they don’t know who you are. Marketing is extremely useful for expanding opportunities for your business. If you have a marketing team with a talent for catching customers’ attention, your business will surely grow.
Know your numbers
If you want to be a millionaire, you’ll need to know how to manage money. Financial tracking is one of the best ways for you to stay within your budget and see what your money is going towards on any given project.
Your sales team should always be aware of and track their numbers. This includes profits in real-time, order costs, invoices and more. By looking at numbers from projects, your team will be able to see what areas need improvement and how to better manage their projects and reach their goals.
Some companies make the mistake of paying more for materials than the project is actually worth. Not only do you need to consider the cost of tangibles, but also labor. Rather than making a profit, companies end up losing money on certain projects due to a lack of financial planning. To save money, you can hire an onsite supervisor who makes sure that materials are being measured and installed according to the right specifications and not going to waste.
Invest in customer relations
Nearly all successful businesses have outstanding customer service. This aspect of a business is crucial to helping you make and keep customers. If you have a website, it should look up-to-date and easy to navigate. The contact information on there should also be accurate so customers can get a hold of you. Your staff should be responding to social media, emails and phone calls quickly and satisfying customers’ needs.
Using CRM software for roofing sales like JobNimbus can also help you establish relationships and interact with new and old customers. Roofing software is a great way of growing and running your business. The software can be used to your advantage by making teamwork, financial tracking, and customer service easier to manage. It’s definitely something you’ll want to invest in if you plan on becoming a millionaire in roofing. If you’d like to know more about growing your business through sales, check out our blog post of selling roof maintenance checks here.
