309 – How To Forecast Your Team Building

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If you’re a trades business owner and want to scale your business, you need a great team to help you do that. But creating a great team requires a lot of effort on your part because great team members are hard to find. And so you need to forecast it, plan it, starting with the end goal of your business in mind. 

My guest Tony Fraser-Jones of Profitable Tradie talks about this topic in the first part of the series: Planning, Attracting And Keeping Amazing Staff. He shares his strategic view when building, hiring and creating a great team. Tony also enlightens us about the importance of finding good team members and how good backend organisation improves business profitability. 

If you are interested in learning more about how you can create great teams for your trades business, you ought to listen to this episode.

What’s Discussed In This Episode:

0:00 The Opportunity Assessment 

2:53 Tony and his business Profitable Tradie 

5:19 It’s difficult to scale without a great team 

8:27 Building a team means getting enough people 

9:03 A strategic view when building, hiring, and creating a great team 

9:11 1st step – Start with the end goal and figure out the profit you need to make to dial it in 

15:11 2nd step – Create an organisational chart for the future 

17:16 Finding good team members is more complicated than finding good clients 

19:59 Who to employ first?      

21:42 Profitability improves when the back office is more organised  

About Our Guest

Tony Fraser-Jones is the founder and managing director of Profitable Tradie. Over the last eight years, Profitable Tradie has worked with over 254 businesses and specialised in helping plumbers, electricians, and other tradespeople make more profit and create freedom from their business.

Resources:

Books mentioned in this episode: 

Connect with me on LinkedIn. For more podcast episodes, you may also visit my website. Tune in and subscribe to The Site Shed: You can also listen to The Site Shed on Apple Podcasts, Spotify, and Stitcher.

Thank you for tuning in! 

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