Renovation Business Tips for 2024

Home renovation has become incredibly popular over the past couple of years, and many people tried their hand at home do-it-yourself projects over lockdown. Lockdown made many people realise how they could make their home better, and make it a space more reflective of themselves. However, home renovation businesses have also become popular as many people can’t do it all themselves – if you run a home renovation business, you have a lot of growth potential for 2024. Here are 4 essential business tips you should keep in mind for your home renovation company this year. 

Invest In Your Staff’s Skills

Your staff should be the first people you go to if you want to invest in your company’s growth. When your staff can develop their skills and gain skills they need, they can do more projects and take on more advanced work, which only means more money and business for you. Investing in your staff’s skills is definitely an investment well-made. There are many ways you can help your staff develop their skills and talents – through construction NVQs, short day courses, construction workshops and more. Start your growth journey by investing in your workers today. 

Know Your Industry 

When you’re running a business, it’s essential that you know the industry well enough to be able to make big decisions, stand out amidst your competition, and know which direction to take your business in. There are many ways that you can read more about your industry, on construction websites, in newspapers and more. For example, one huge news this year is that grandfather rights are ending – this means that your workers may need to get qualifications to keep working and renew their CSCS cards. Knowing your industry allows you to be a couple steps ahead of the game and grow your business in 2024. 

Market Yourself On Social Media 

Most construction companies market themselves on social media, and for home renovation companies, social media can be the best place to market yourself on. Visual social media platforms such as instagram and tiktok can help you show the quality and creativity of your company’s work – and most consumers now report looking to social media before using a company, especially for home renovation projects. Getting your brand on social media and posting regularly is a fantastic way you can grow your business and find more customers through displaying the quality of your work – it’s like a digital portfolio. 

Be Involved With Local Industry Organisations 

If you’re working in renovation and construction, there may be certain trading bodies and organisations that you need to abide by and get involved with. This will help you know laws and regulations surrounding your work, as well as find other people in your industry who may make valuable contacts. For example, in the UK, being involved with CITB by paying the CITB levy could allow you access to CITB grants, information and more. Being involved in your local industry organisations could help you grow your business, so make sure that you’re investing in this.