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Common Growth Mistakes CEOs Make in Trades Businesses (and How to Fix Them)

If you're the CEO or founder of a Trades Business, whether in Plumbing, Electrical, Construction, HVAC, Building or Landscaping, the chances are you've been told that Business Growth is all about getting more jobs, hiring more people, and chasing bigger projects. But here’s the truth:

Growth Without Structure, is Chaos.

At Synergy Success Network, we are a Business Consultancy based in Portsmouth, and we work with Trades Business Owners every day who are burning out, frustrated by the same constant issues, and struggling to break past the same revenue ceilings year after year. Here’s what most CEOs in the trades get wrong about business growth, and exactly how to fix it.

 

1. Mistake: Confusing Revenue Growth with Business Growth

Many Trade Business Owners think that bringing in more Revenue = Growth. They hustle for bigger jobs, chase every lead, and celebrate a high turnover year. And you might be thinking, what's the problem with this? The bottom line is, Profit Margins are shr...

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