Tag: business growth

Mastering the Art of Delegation

July 17, 2019

By Zach Vesper As a small business owner, sometimes it’s hard to hand responsibilities to your employees. After all, you built your business by yourself and know what works and what doesn’t. As your business develops, though, you’ll reach a point where handling everything yourself doesn’t make sense any more, and can even stifle future growth. It’s one thing to understand this, but learning how to delegate effectively is something else. Here are 5 things to keep in mind when assigning tasks to your employees. 1. Be mindful of the tasks you’re assigning.Through thoughtful delegation of tasks, you and your employees can all accomplish more to push your business to the next level. Take stock of the things you do on a daily basis and determine whether these tasks are making the most of your skills and experience (you need to be very honest with yourself here). If not, these are perfect opportunities for delegation to someone with a different, more applicable skill set. And since you don’t want “delegation” to be a task unto itself, make sure to build it into your current workflows with a solid project management plan. 2. Be an educator.This may seem counterintuitive, but sometimes

Our Top 5 Time Management Tips

June 3, 2019

By Stepha Vesper When you’re out inspecting a home or business for clients, your time is practically managed for you. You have your set routine in place for inspecting and reporting and it usually takes a fairly predictable amount of time to complete. But what about time outside your day-to-day inspection schedule? Or weekdays when you may not have an inspection at all? Time management is among the top challenges small business owners face. There’s always so much to do, and you probably feel the pressure to do it all . . . and more! While it’s up to you what tasks you prioritize, we’re here to help you buckle down and get those tasks done. Follow these tips to make the most of your time and have more left over for summer fun with family and friends. 1. Actually decide what your priorities are. Keeping yourself busy is easy as a small business owner. Prioritizing is a different story. With a full plate, it can be challenging to determine the tasks that matter most. Start easy: which tasks on your list will have the most direct impact on your bottom line? Which will help you advance toward your goals

7 Ways to Stay Positive as a Small Business Owner

May 24, 2019

By Stepha Vesper As a small business owner, it’s normal to experience short periods of doubt from time to time. The keyword being short. If you find anxiety setting in more often than you’d like, it’s time to reel in the negativity and embrace all things positive. Here’s how to keep your head up and get things done: 1. Keep an open mind.Minimizing risk is one thing in small business, but you don’t want to be dismissive either. That new opportunity might seem downright scary at the moment, but what if it works out? Getting stuck in your marketing tactics or day-to-day work routine can mean getting stuck in a rut. Remember, there’s more than one way to get a task accomplished—in fact, there’s hundreds of ways! 2. Be amenable to change.If everything stayed the same, we would never get anywhere. Whether it be an industry-regulating policy change to adhere to or learning new inspection software, staying flexible will come in handy during the myriad changes that will take place over the course of running your business. If you’re prepared to roll with the punches, you’ll come out that much savvier. 3. Jump on opportunity.While not every opportunity may be

Why It’s Important to Diversify Your Business

March 19, 2018

By Bill Erickson Let’s say you just heard about a great stock you want to invest in. It’s such a great buy, in fact, that you’re planning on putting every last cent you have into it. You go to talk with your financial advisor, and what do you think he says? He tells you that if you do that, there’s a pretty good chance you’ll lose your whole retirement fund. He recommends diversifying your portfolio to minimize the amount of risk you’re taking on. That’s smart investment advice. Just like in the world of investment, business owners need to diversify their services to be successful. We’ll explain what’s so important about diversification and how National Property Inspections, Inc. prepares franchisees for long-term stability and growth in the property inspection industry. What is diversification?Diversification is a business strategy that helps you minimize the risk of capital loss inherent in any industry. If you’ve heard the old saying “don’t put all your eggs in one basket,” you already have a grasp of the concept. To go a little further, though, diversification in business aims to boost your returns by investing resources in related-but-separate areas that would respond differently given a certain event

How to Hire Great Employees

December 27, 2017

By Roland Bates, NPI, Inc.’s Founder & CEO Great training. Great opportunity. Great compensation. They don’t mean much if you don’t start with a good hire. It surprises me how little time and effort many small business owners put into finding and training good employees. Can you imagine our NPI/GPI franchisees hiring an inspector and then finding out they don’t have a valid driver’s license, won’t go in crawl spaces or are afraid to climb ladders? Or can’t spell “GFI,” let alone know what it is? Growing a successful business requires having great employees. National Property Inspections, Inc. helps its franchisees with their hiring needs in several ways. We help them to know when to hire, what positions to fill, where to find those people, how to train them, how to compensate them, how to supervise them and if necessary, how to discipline them. We help our franchisees learn to be good bosses. And without the proper training, not everyone is a good boss. If you haven’t learned how to be a good boss, it can lead to employee turnover, which is disruptive to any business. We are here to help our NPI/GPI franchisees from start to finish. We don’t

Leverage Your Gifts and Talents to Stay Motivated

December 5, 2017

By Kimberly Stevens There’s a good chance that you have untapped potential and you may not even be aware of it. While most skills can be learned, most of us are given gifts that come easily and that we feel passionate about. Some gifts are innate; they come naturally. But you can learn skills that enhance these gifts and turn them into talents. For example, a musically gifted child may take years of piano or singing lessons to develop his or her talent. Many have gifts or talents never realized, nurtured or developed that could potentially evolve into unimaginable opportunities. What Do You Love to Do?One way to identify your gifts is to take the time to actually think about what it is you love to do, what sparks a passionate response deep inside. Journaling can be a great tool to help you find your interests, hidden gifts and talents. Writing helps you understand what you naturally gravitate toward and the patterns that emerge in your thoughts. What Do Friends and Family Admire about You?Another way to discover your gifts is to ask family and friends what they feel are your best qualities and talents—you may be surprised at what

4 Quick Tips for Making the Most of Small Business Social Media

November 28, 2017

By Stepha Vesper, NPI, Inc.’s Marketing Communications Specialist As a busy small business owner, it’s easy to let social media slip off your radar. But with consumers spending up to 53% of their online time browsing social media sites, carving out a slot in your schedule for posting can mean broadening your reach in ways you never thought possible. Here are a few tips for making time for social media and getting the most from your efforts. 1. Automate your posts.Using a platform that allows you to schedule your posts in advance can be a lifesaver when it comes to making time for social media. Setting aside an hour every weekend to schedule your weekly posts across all social media sites is a great way to make sure that the job gets done, even during your busiest weeks. NPI recommends SocialPilot for its affordability and ease of use. Like all great things, scheduling posts in advance can have its drawbacks. Here are a few things to consider: 2. Spend time online where it counts the most.Chances are that not every social media platform is going to be the perfect fit for your business. For example, you may find that Twitter

5 Ways A Commercial Property Inspection Will Help You Save (And Even Earn) More Money

November 8, 2017

By Kenn Garder As a commercial investor, you want to feel confident about your property’s value and earning potential. The key to smart buying? Ordering a commercial property inspection. Here are five ways commercial inspections can save you from hidden costs while allowing for maximum return on investment: 1. Predicts future property earnings.An inspection could tell you what sort of profit you can expect from your investment. Physical aspects of a building are a large part of the financial reports that are prepared to predict the property’s future revenue stream. This examination process is called “due diligence,” and it’s just one of many services your property inspector offers during the acquisition process. 2. Checks for damage from previous tenants.Most property sellers don’t disclose superficial damage or structural problems outright during a sale. For property buyers, a pre-purchase inspection will ensure you won’t be caught off-guard by surprise repair costs down the road. And for current property managers, research shows 1 in 4 occupants shouldn’t receive their security deposit back due to significant property damage. A post-occupancy inspection will help legitimize any decision you make about a tenant’s deposit. 3. Reduces insurance claims.According to the Insurance Information Institute (III), the average

Make Your Money Work for You: Tax Deductions & Incentives

July 6, 2022

To be successful in business it has always been said that you need to spend money to make money. In truth, to be profitable in the business world, it’s about making the money you acquire work for you. To make your money work for you, it’s important to understand the nature of tax deductions and incentives, as this is key to getting from where you are to where you want to be financially. At this point, it’s essential to note that these suggestions may be different from state to state. To get a complete scope of the tax deduction process, please consult your local financial adviser or tax preparer. Business Expenses When you’re just starting out in this business, it’s easy to become overwhelmed by the pressure to succeed. You may be questioning how you are going to pay for all the newly associated costs of running a business, but if you’re savvy, you know how to structure your money to be both effective and efficient. As a business owner, you can write off most expenses if you’re careful in doing so (i.e., keeping records of business expenses through immaculate management of receipts and proper tax forms). The first tax

Win at Business by Investing in Yourself

June 7, 2022

The month of June is Professional Wellness Month. In honor of this occasion, your family here at the NPI headquarters want to make sure that you have everything you need to succeed, professionally and personally. With the spotlight on professional wellness, it’s important to check in with yourself and your employees to identify any areas of improvement for your business. Likewise, it’s also valuable to take an honest personal inventory of yourself to see what areas of development you may be lacking in. Although a self-assessment can feel daunting, it’s critical to avoid being stagnant in any area of your life. Life is to be lived in a manner of constant evolution, as dormancy breeds bad personal habits and business practices. Implementing changes that need to be made as a result of your self-reflection and business assessments can at first seem overwhelming. While it’s hard to make a lot of improvements at once, it’s good to have a strategy for implementation in place for future enhancements to your business and for yourself. These changes don’t have to be drastic in nature to make a huge difference to your lifestyle and brand. Lifestyle changes that you can implement can be as

How to Stand Out in a Competitive Market

May 31, 2022

It’s easy to feel intimidated by the competition—maybe they’ve been around for 20 years and you just started last month. You know everyone has to start somewhere, but while you’re building your business, how can you make sure that you stand out from the rest? This question has several answers—there may not be one simple solution, but it turns out there’s a lot you can do! A Job Well Done There’s much to be said about job performance. A job well done can create a good relationship between you and your consumers and keep people coming back to your business. It can also help you build a referral system based on good word-of-mouth. That being said, bad news travels fast, as is the same with negative reviews. In these cases, being an amazing inspector is not enough to offset a disparaging review or to generate the business you want. This requires the usage and management of social media accounts. Social Media One of the easiest ways to see an uptick in business and to encourage customer engagement is to create social media channels for your business. To market your franchise, the three most important social media outlets are Facebook, LinkedIn,

It’s National Heat Awareness Day: Keeping Cool in Sweltering Conditions

May 27, 2022

Today is National Heat Awareness Day. This national holiday was created to remind service members and outdoor laborers to keep cool while working outside in the upcoming summer months. Here are our best tips to beat heatstroke and other temperature-related illnesses such heat exhaustion and dehydration. As an NPI inspector you may find yourself on top of roofs, underneath decks, examining foundations, or in crawl spaces over the course of the summer. During the hot summer months, it’s important to know the signs of heat-related illnesses and what you can to do to prevent them. Warning Signs While there are milder forms of heat-related illnesses, heatstroke is the worst. According to the Mayo Clinic, the main indicator of heatstroke is having a temperature of at least 104 degrees or higher. Other signs of heatstroke include confusion, dizziness, profuse sweating, slurred speech, the cramping of extremities, vomiting, coma, and in the most serious of cases–death. These symptoms are only made worse when performing strenuous activities while outside on exceptionally hot days. Other warning signs of heatstroke are looking flushed in appearance, having a headache, and an irregular heartbeat. While some people experience a rapid heart rate due to the stress of

Thinking About Joining Your Local Realtor Association? Here’s Why You Should!

May 17, 2022

By Kimberly Stevens, NPI, Inc.’s Marketing & Business Coach Whether you’re looking to expand the reach of your well-established franchise or you’re just starting out as a new franchisee, joining your local REALTOR® association certainly has its benefits. But did you know that becoming a member equals access to an assortment of useful information including: a multitude of networking opportunities, discounts to affiliated business groups and tradeshows, access to various multiple listing services, scholarships, community engagement opportunities, and additional secrets of the trade? According to the National Association of REALTORS® website, you can start off by joining your local REALTORS® association with an Affiliate Membership. The Affiliate Membership is the most cost-effective option available that still grants you the ability to utilize the maximum benefits of the membership. While membership fees vary from state-to-state and often include varied tiered-levels, Affiliate Memberships are typically half the price real estate agents pay for their memberships. Once you have joined, you will be provided with information from your area’s Multiple Listing Service (MLS). This benefit may be the most important as it is vital to building a solid referral base from which you can book inspections in your area. This data includes important

5 Ways to Know It’s Time to Hire

May 10, 2022

Short of starting your inspection company, hiring your first employee is the biggest step you’ll take as a small business owner. It can be tough to know who to hire, but surprisingly, it can be even tougher to know when to hire. Here are a few telltale signs it’s time to make a plan and make the move to grow your team. 1. You’re turning down work.You’ve poured your energy into building relationships and expanding your network, and now all that hard work is paying off in spades: you’re booked out for a couple of weeks! If this scenario sounds familiar, remember that this is only the start of the busiest season for us inspectors. You’re going to want a team member who can help you book more inspections and share the workload. 2. You have an exciting opportunity to expand your services.The perfect opportunity for a new add-on service has presented itself, and anytime you mention it to others working in your local real estate market, they get just as excited as you. That rare untapped need has been identified, and it’s time to spring into action. But as bookkeeper/marketer/inspector/report-writer, (I could go on!), you’re already feeling pulled in

National Property Inspections Franchisee Spotlight: Cory Anderson

April 19, 2022

National Property Inspections’ Franchisee Spotlight recognizes our most innovative and successful NPI and GPI franchises. By sharing their stories, helpful tips and lessons learned, every franchisee can learn what it takes to grow their business. We’re proud to feature our reigning 2021 Franchise of the Year, Cory Anderson of NPI East Tennessee. After purchasing an existing franchise in 2017 in Knoxville, TN, Cory and his team have been on an upward trajectory that’s landed him in the top four percent of our organization. He’s also recently expanded to cover both Chattanooga and the Tri-Cities area. Tell us about yourself! What was your previous career, and how did you come to NPI?Cory Anderson: I have an agricultural technology degree from the University of Tennessee and worked in the agricultural field for about 7 years prior to coming to NPI. During my agricultural career, my wife and I purchased multiple rental homes and loved learning about and investing in real estate. Our home inspector was Steve Hancock, who started the original NPI Knoxville franchise in 1995. During our last inspection with Steve, he announced that he would be retiring and told us that we would need to find another inspector. After many

7 Ways to Boost Traffic to Your Business Website

April 12, 2022

By Stepha Vesper, NPI, Inc.’s Marketing Communications Specialist It’s time to get a little creative with the way you drive web traffic! Below are seven ways you may not have thought of that can make a remarkable difference in your site visitor counts month over month: 1. Mix up your content.Diversifying your content (that is, posting something new every day) will help ensure that your audience never gets bored, and that you don’t either. Post links back to your website, but also post photos, articles, giveaways, videos, and share others’ posts as well. If your followers know they can always expect something new and fresh from you that’s super relevant to them, they’ll be that much more likely to navigate to your website to learn more about your business and services. 2. Don’t neglect your LinkedIn profile.Most of us think of LinkedIn as a great resource for active job seekers or those looking to expand their B2B network. Those things are still true, but these days, LinkedIn is so much more. If you’re not posting content to your profile, you’re missing out on a great opportunity to interact with potential clients and real estate professionals. Did you know that the

Carson Dunlop Acquires National Property Inspections, Inc.

April 4, 2022

National Property Inspections, Inc. is pleased to announce that Carson Dunlop has recently acquired our organization. In this exciting development, Carson Dunlop and NPI are slated to become the preeminent provider of inspection and inspection-related services in North America. “I have long admired the strength of the Carson Dunlop brand and am thrilled to join forces to further accelerate growth at NPI,” said Roland Bates, founder of NPI. “I am extremely proud of the business we’ve built over the last 35 years and am enthusiastic about the future. Becoming part of Carson Dunlop will be an exciting new chapter for us and I look forward to continuing to support the NPI franchise system in my new role.” I have long admired the strength of the Carson Dunlop brand and am thrilled to join forces to further accelerate growth at NPI. I am extremely proud of the business we’ve built over the last 35 years and am enthusiastic about the future. Becoming part of Carson Dunlop will be an exciting new chapter for us and I look forward to continuing to support the NPI franchise system in my new role. Roland BatesFounder of National Property Inspections, Inc. Carson Dunlop has been

Top Tips for Marketing Effectively on Instagram

March 29, 2022

By Stepha Vesper, NPI, Inc.’s Marketing Communications Specialist The Instagram app has been downloaded more than 3.8 billion times since its 2010 release. Needless to say, it’s one of the world’s most popular apps. With all that attention, it’s easy to see why companies love using it in their digital media marketing portfolio. Instagram in an Instant Instagram started out as a place for people and their friends to share and like their best snapshots. The app then began adding updates to make it easier to find and connect with other users. Three years after launch, users had the ability to add hashtags and share short videos. As more businesses joined, Instagram incrementally made the platform more advertiser-friendly, and 12 years later, it looks very different from when it first started. Not only can users upload Stories, host live chat rooms, and post long-form videos, businesses have a robust suite of paid ad tools and e-commerce options. Businesses and Instagram As a business owner, you have the option of setting up a business account that allows you some different features than a standard one. For instance, you’ll be able to see your interaction and demographic insights. This is especially helpful