Best Residential Contractor App News and Insights
Stay up on Industry Trends, Software News, and More
Managing Multi-location Contracting Businesses: Tips for Scaling with Software
Unique challenges contractors face when scaling their business across multiple locations and how CRM, scheduling, and job management software can simplify operations.
How the Current Economic Climate Impacts Contractor Pricing Strategies
Rising costs and fluctuating demand make pricing a challenge for residential contractors. Tools like Contractor Accelerator help by offering real-time cost tracking, automated bidding, and flexible pricing models. These features simplify estimates, protect profits, and streamline operations, ensuring contractors stay competitive in any market.
Marketing Tracking ROI and Customer Acquisition Costs
Understanding your marketing ROI and customer acquisition costs (CAC) is essential for business growth. Calculate CAC by dividing marketing expenses by new customers and track ROI by comparing revenue to spend. Use tools like Google Analytics or Contractor Accelerator to identify which campaigns and services are most profitable. Focus on strategies and services that deliver the best returns, and adjust your budget and efforts to maximize profitability.
Financials – Don’t Be a Ponzi Scheme
Running a successful contracting business takes more than completing great projects—you need solid financial practices. Many contractors make the mistake of using deposits from future jobs to pay for current expenses. While it may seem like a quick fix, this approach can lead to financial trouble. Let’s dive into why separating materials deposits from job funds is critical for keeping your business healthy and profitable.
Contractor Accelerator Unveils New Logo!
We’re excited to share some big news—Contractor Accelerator has a new logo!
We’re excited to share some big news—Contractor Accelerator has a new logo! This refreshed design marks an important step in our journey as we continue to grow and evolve to better serve residential contractors. The new logo isn’t just a change in appearance; it represents our commitment to innovation, progress, and staying aligned with the needs of our clients.