Tag: business growth

4 Ways to Create a Positive Work Culture for Your Small Business

By Kimberly Stevens, NPI, Inc.’s Marketing Coach As your small business grows, you may find yourself in a position to hire additional employees, expanding your team and delegating duties as far as your finances allow. While growth is exciting, it also comes with its own set of problems. A successful small business owner must also become a successful team manager. They impart their vision for their business to new team members, who must become productive workers and genuine brand advocates. After making your new hires, you need to earn their loyalty and create an ideal environment for them to operate as optimally as possible. This, of course, all hinges on the quality of your work culture. Do your employees dread work, or do they look forward to it? Are they willing to make concessions when times are tough, or will they back out when they are most needed? Consider these tips to strengthen your company culture and develop a family-like atmosphere that makes work something to look forward to. According to a Globoforce study, happy employees are 85% more efficient in their work and stay in their positions twice as long. Although it might be common sense, sustaining a team

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Entrepreneurship 101: How to Set Your Employees Up for Success

After a brief pause to enjoy the sun and hit the beach, we return to our Entrepreneurship 101 series. Here, we outline some of the best tips for running your franchise like a seasoned pro. In our first entry we discussed how to lead your franchise, and in our second entry we covered the best hiring practices. Now that you’ve got a new batch of employees, it’s time we made them into rockstar members of your company. Here’s how you can put your team on the fast track to success. Start Strong New hires have a lot to think about. They want to prove their competence, they want to give off a positive social impression, and they want to ensure they made the right choice for themselves in accepting their new position. It can be a stressful time! As an owner, a manager, and your team’s leader, it’s your job to walk them through an onboarding process that instills confidence for everyone on the team. First things first, set clear expectations so that your new employee knows what success looks like. Start with the basics. What does their first week look like? Their first month? Give them a clear picture

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Entrepreneurship 101: How to Hire Right the First Time

To see continued growth and development in your business, you may consider growing your team. To ensure that you’re hiring the best individuals for your needs, here are three crucial questions to ask during the interview process. What to Ask: What do you know about the company? What Their Answer Reveals: This question is one of the most telling regarding whether the applicant has done their research on NPI. If the applicant knows nothing about the company, or provides incorrect information regarding NPI, it’s a no go! What to Ask: What about inspection interests you? What Their Answer Reveals: Answering this question correctly is very important in this industry, as it’s essential to look for people pursuing this position for career purposes rather than just a regular job. Those who are not able to provide a clear answer to this question should set off alarms for you. What to Ask: When would you be able to start? What Their Answer Reveals: If the applicant implies that they can start right away with little to no regard for their current employer, it’s another red flag. At minimum, a two weeks’ notice should be provided. After all, how you get them is

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Entrepreneurship 101: How to be an Effective Leader

As a National Property Inspections franchise owner, you’re so much more than just an inspector. You’re an office manager, a marketing coordinator, an accountant, a boss, a mentor, and a teacher—just to name a few. In our Entrepreneurship 101 series, we’ll cover leadership traits and tips specific to running a successful inspection empire. As part of a national network, your resources as an NPI inspector are plentiful, and we’re excited to share what we’ve learned about effective leadership in our industry. Lead By ExampleAlthough it may sound cliché, it’s important to align your business goals with your mindset. Even if you’re currently a one-man show and don’t have plans to hire in the near future, getting into a leadership mindset will help you elevate your thinking to that of a boss. After all, being a leader is not about being front and center. True leadership comes in the form of behind-the-scenes hard work and dedication. To be successful in your business, it’s vital to have goals set for where you want to see yourself in the next year, along with a plan of action for how you hope to achieve your goals. In the pursuit of your goals, it’s helpful

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Make Your Money Work for You: Tax Deductions & Incentives

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

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Win at Business by Investing in Yourself

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

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How to Stand Out in a Competitive Market

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,

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

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

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5 Ways to Know It’s Time to Hire

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

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7 Ways to Boost Traffic to Your Business Website

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

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6 Traits To Look For When Hiring A Marketer

By Kimberly Stevens, NPI, Inc.’s Marketing & Business Coach Entrepreneurs tend to start off their business solo, or if they’re lucky, they can tap into spouses or family members for help. Eventually, as business picks up and they begin to struggle to keep up with the demand, marketing efforts tend to be some of the first activities that begin to fall off. This situation isn’t all bad, of course! But once a business pulls back on marketing, that inevitably means that they’ll end up missing out on opportunities for further growth – leaving work either on the table for the competition, or leaving would-be clients’ needs unmet. Of course, business owners aren’t simply doomed to fall into this trap! They have options: first, to allow software to take marketing efforts off their hands, such as through scheduled social media posting, recurring email campaigns, or automated review gathering. Once these routes have been explored, though, it’s time to face the facts. It’s time for some extra help. Inviting a new voice into a small business can be incredibly exciting, and somewhat terrifying at the same time. After all, a bad hire could result in a time, effort, and money investment loss

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5 Cost Effective Marketing Strategies For Small Businesses

By Sydney Bailey, NPI, Inc.’s Marketing Director Seasoned business owners know that every industry experiences ebbs and flows. There are times when the phones are constantly ringing and the calendar is packed. On the flip side, there are stretches where work is more scarce. It’s often during the slow seasons where cutting back on expenditures is a natural impulse, but business owners should be careful not to handicap their marketing efforts. Marketing is critical for reaching new clients and keeping your business top-of-mind for your established referral sources, so you should be hesitant to cut your marketing spend when business is down. With that said, there are ways you can be more intentional with your marketing budget. If you find yourself limited on funds, here are a few cost-effective marketing strategies worth exploring. Refine Your Communication SkillsStanding out from your competition is critical when business slows down. For some owners, explaining to prospective clients exactly what sets their business apart can be difficult. While effective marketing and networking can make your phone ring, it won’t do much good if the person answering the call doesn’t conduct themselves with enough confidence to actually book the job. With this in mind, business

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Key Steps For Managing Your Work Vehicle As A Home Inspector

By Jon McCreath, NPI, Inc.’s Technical Supervisor & Training Administrator When imagining life as a home inspector, naturally one’s mind jumps to the on-site experience of gathering photos of a house’s interior and landscape, as well as maybe climbing onto a roof or roaming through a crawl space. What people who haven’t actually been a home inspector may not realize is that a surprisingly large amount of our time is actually spent in the car, traveling between locations, especially if you’re an inspector that serves a larger or mostly rural region. Keeping your work vehicle looking sharp and in working order is crucial to running a professional, successful property inspection business. Although you may have a great system already in place, here are a few reminders about how to take care of your mobile property inspections headquarters! The Importance of Vehicle MaintenanceKeeping a consistent routine of vehicle maintenance and servicing appointments scheduled should be a normal piece of your business’s expenses each year. While it may seem obvious, if an inspector’s vehicle breaks down or is delayed on the way to a job, their entire day’s schedule could be thrown off. Emergencies happen, of course, but changing plans at the

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Marketing Insights: The Importance of Finding Your Audience

By Zach Vesper, NPI, Inc.’s Senior SEO & Marketing Strategist Any experienced marketer, when speaking about how to grow a business and reach long-term goals, will preach on how important it is for a business to find its audience. For many business owners, this might sound a little strange. After all, shouldn’t entrepreneurs be looking to find as many clients or customers as possible in order to convert on leads and maximize their sales? Of course this is true! But this doesn’t mean that the best marketing strategy is to speak to everyone all at once. Imagine you’re making a speech in a massive auditorium. For most people, the more people there, the more difficult it will be to capture everyone’s attention. If too many people are there, the audience further in the back will struggle to see you, and even the most expensive sound equipment will start to fail, leaving your message completely unheard to many. In the same way, marketing to a massive audience tends to be expensive, and a business that chooses to market in this manner can often see their message lost, becoming indiscernible as it competes with too many other businesses for attention. Instead of

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Got Your Six: The Veteran’s Guide To Re-Entering The Workforce

By Sammi Marcellus, NPI, Inc.’s Recruitment Coordinator Enlisting in the military is a great opportunity for many to learn practical, real-world skills, all while serving their country. With that said, many struggle with making the move from the structure that military life provides, to the seemingly chaotic nature of being a civilian. Finding a career that’s fulfilling while also featuring these same benefits of a position in the military can be a tough ask, but that doesn’t mean veterans should be caught with application paralysis. Veterans looking to find a good job fit for themselves should recognize their strengths and the challenge ahead. To move forward with confidence, here are just a few notes to consider when pursuing the next chapter. Acclimate to Civilian LifeOne major struggle that Veterans experience upon transitioning away from the military is their daily schedule. In the military everyone has a specific job and their days are planned out extensively for them, which frees them up to focus solely on their duties rather and reduces the need for self-management. In the majority of civilian workplace settings, this strict schedule is gone, which can be jarring for many to adapt to. Veterans should decide early on

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How Celebrating Holidays on Social Media Can Benefit Your Business

By Stepha Vesper, NPI, Inc.’s Senior Marketing Communications Strategist As your business grows, building an audience online can quickly become a strong stream for new leads and an opportunity to set yourself apart from your competition. In our previous article discussing how to use pictures to boost engagement on social media, we talked about how varied content is important for businesses that want to improve their performance online. While this is a great goal in theory, coming up with a consistent stream of unique content is tough. That’s why if you haven’t jumped onto the holiday post train yet, now is the time to start! Holiday posts are a great way to capitalize on current events in a way that breaks up your regular social media schedule. For some extra inspiration before the holiday season really kicks into gear, here are some things to consider when it comes to posting during the holidays! Choose Which Holidays to HighlightCapitalizing on a holiday on social media isn’t as simple as looking at the next one on the calendar and making a graphic to accompany it. Ideally, owners and social media managers should take some time to think about why their business has

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Tips for Delivering a Bad Inspection Report

By Jon McCreath, NPI, Inc.’s Technical Supervisor & Training Administrator There’s a reason why “don’t kill the messenger” is such a commonly repeated phrase. Delivering bad news is a tough position to be in, especially when someone is caught blind-sided by the message. Even though you may have not been the cause of the situation, you were the one that disrupted the status quo. Whether fair or not, the one that delivers bad news often becomes the villain, and no one wants to be the villain. Home inspectors are frequently caught in the awkward position of needing to deliver information that clients probably don’t want to hear. The truth of the matter is that issues and defects in homes would exist whether the inspector discovered them or not. It’s only through a thorough home inspection that buyers can make their biggest investment with confidence. For property inspectors, delivering bad news in a calm and courteous manner is a skill worth building. Start by setting the right expectations. Don’t Hide from the ReportMany negative reactions from clients can be curbed through establishing a proper understanding before the inspection even begins. Inspectors know very well that no home is perfect, but sellers

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Getting the Most Out of Networking Events

By Kimberly Stevens, NPI, Inc.’s Marketing & Business Coach There’s a lot that goes into growing a small business, between learning the industry, making smart connections, and keeping up with the newest innovations. Naturally, this means that networking events can be a valuable opportunity for entrepreneurs to get their foot in the door and truly elevate their business. Any time a business owner can get themselves into a room where they are surrounded by other like-minded industry professionals, they have a chance to learn new strategies and techniques that can take their business plan to the next level. Unfortunately, many find networking events to be lacking as they struggle to make meaningful connections. Whether spending time at a convention, giving a presentation, or attending some other industry event, sometimes it can be tough to see immediate returns on your time and energy. If you’re looking for some strategies on how to capitalize best on networking events, give this process a try! In so many ways, successful businesses are built on relationships. Here’s how you can more reliably make a good first impression. Take Some Time to PrepareAs with most things, good preparation is the best way to set yourself up

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How to Prepare Your Business for Your Vacation

By Michael Trimble, NPI, Inc.’s Content Marketing Coordinator Small business owners take so much pride in their work, it can be hard to take even a short break. The risk of losing momentum, missing out on business, and potentially damaging valuable relationships keep small business owners from taking a vacation–some go years and years without a break. While these concerns are valid, many may not realize that they are missing out on a necessary reset by forgoing an extended holiday. The truth is everyone needs a physical and emotional break from their work. Plus, new experiences and a broader perspective can provide much-needed creative energy to entrepreneurs. If you’re nervous about how to handle an upcoming vacation, here are a few actions you can take to ensure your break goes off without a hitch! Notify Your Clients (and Share Your Experience!)If you are your only employee, vacations mean that your business can’t do much without you. To keep any consistent referral sources or clients from being surprised, it can be smart to send out a notification in advance. Whether through an email blast or a few phone calls to associates with established relationships, offering a heads up is sure to

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What to Research Before Becoming a Home Inspector

By Celeste Black-Harr, NPI, Inc.’s Recruitment Coordinator There are plenty of attributes that draw those with an entrepreneurial spirit into the home inspection space. Whether it’s the opportunity to own a business, innovate within a market, or control a personal schedule, many look to the prospect of being a home inspector as the answer to their career goals. The only issue is that, with the wealth of information there is out on the internet about how to get started as a home inspector, it’s easy to get overwhelmed. Owning a successful home inspection business begins with asking the right questions. How can I be sure that my business will be profitable? What business model should I choose? What hours should I list for my business? No two businesses are the same, and while there isn’t necessarily a cookie-cutter model for success, there are a few places worth starting before getting caught up in the minutiae. With this in mind, here are some important areas of research from which every prospective home inspector would benefit. Check Out Your State WebsiteThe first step of becoming a home inspector should always start with nailing down an area of operation and reviewing that state’s

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