There are many ways to earn your crust in this industry, where are you now?
Where do you want to be?
Watch the video to see how the different ways stack up and which one will be best for you.
As a KBB Trade Partner you should not be entertaining labour only work for much longer.
See what the future can hold for you here.
Key Takeaways from this Blog:
- The purpose of the presentation is to understand the different ways to trade in the KBB sector and determine which model is best for you in the short and long term
- There are four main ways to trade in the sector: on the tools on your own, on the tools with a small team, off the tools with a team, or off the tools with a showroom
- Each trading option has its pros and cons, as well as different earning potentials
- On the tools, you can earn between £150 and £400 a day, with earning potential ranging from £35k to £90k
- On the tools with a team, earnings can increase to £107k to £262k based on three installs per month
- Off the tools with a team allows for more time to work on the business and a better work-life balance, with earning potential of £108k to £216k
- Showrooms offer a high street presence but come with higher costs and potential risks. Earning potential is similar to off the tools with a team, but with additional costs
- The choice of trading model is up to the individual, but the speaker recommends aiming for off the tools with a team
- Factors to consider when choosing a trading model include desired earnings, lifestyle, and long-term goals
- It's important to recognise that where you are now may not be where you end up, as development and growth are constant
- Those on the tools should focus on improving their current business by offering their own products, streamlining processes, and utilizing the KBB University resources
- Those on the tools with a team should continue to learn and adapt, stay close to successful people, and invest in marketing, technology, and processes
- Showroom owners should consider making their showroom appointment-only and implementing a digital-first survey model to reduce costs and improve efficiency
- Success in the industry requires a positive mindset, a willingness to learn and adapt, good communication and people skills, and an openness to embracing technology
- It's important to focus on profitability rather than just turnover and to avoid making excuses for lack of success
- Achieving the desired trading model is possible with commitment, open-mindedness, and seeking help and guidance from KBB Supply Services