15 Tips for Growing a Long-Lasting Contractor Business

Freelance contractors are a major contributor to the economy because they’re absolutely a necessity. Without them you can be certain that homes and offices would literally fall apart.The result is that starting your own contracting business can be lucrative.


But, before you get too far involved, here are 15 ways that you can build a contracting business that’s going to last or grow the contracting business you already own.

1. Operate with best business practices.

One of the most common problems that contractors run into when they to attempt to improve efficiency and grow their business is agreeing on what’s considered the industry's best practices. After all, they already have some sort of system in place that they’re familiar with and believe is working just fine.

To put an end to this debate, you can use whatever system you prefer to handle everything from bookkeeping, scheduling and invoicing, to training and task management, as long as that system contains basic knowledge of the task and helps each employee by providing step-by-step instructions for each employee.

When you have an effective system in place. it allows you to not only maintain your current level success but also helps you be prepared to scale properly when it’s time to grow.

How to Turn Your Hobby into a Profitable Business Venture

Do you have a life skill that you’re currently only using in your free time? Though you may assume it’s only suitable as a hobby, there’s a chance you can monetize it and turn your talent into a money-making business venture. That’s if you know what you’re doing, of course.

How This Mom Grew Multiple 6-Figure Businesses From Home

If you’ve ever thought about working from home or starting a home-based business, you'll want to familiarize yourself with Carrie Wilkerson, also known as the Barefoot Executive. The Barefoot Executive is a website, community and bestselling book that she created to help work at-home professionals.

The site quickly grew into an empire with tens of thousands of subscribers, leading her to become a sought-after speaker and sales trainer. While she built multiple businesses from home over the past 19 years, she was also raising four children, getting out of six figures of debt and losing more than 100 pounds. Named Internet Marketer of the Year in 2009, Wilkerson has been featured on Forbes.com and Fox Business News and has worked with clients such as Google, John C. Maxwell, Zig Ziglar and more.

Clearly, she has a lot to teach us about success, so I visited her Texas home recently to ask how she built her powerful brand and how other entrepreneurs can build a successful empire from home.