5 Ways You Can Automate Your Business for Faster Growth

Do you want your business to grow at a much faster pace than it is currently projected to? If so, you need to seriously consider automating your daily processes and operations. Take the load off of your human workforce and let technology take over for a while — if you do, you’ll be sure to see a remarkable improvement when it comes to the number of tasks that you complete and the number of tight deadlines that you hit.

If you don’t want to waste any time in scaling your industry, you need to embrace automation. Here are five ways you can automate your business for faster growth:

  1. Invest in a PBX system

With a PBX system in place, you will be able to automate the task of handling your phone calls. No longer will you have to employ a receptionist to answer your incoming calls, as this ‘auto-attendant’ solution will be capable of doing this for you. This will save you money when it comes to hiring reception staff, and it will allow you to get on with your daily tasks without having to worry about answering the phone all day.

  1. Ensure that your workforce embraces automation

If your workforce doesn’t embrace automation, you’re going to have a hard time convincing them that your business is going in the right direction. All of your employees must buy into the idea of automation. Otherwise, they’ll just shun all of the tech tools that you invest in.

To prepare your workforce for the automation revolution that you plan to unveil in your workspace, you should:

  • Remove all doubt and fear by talking to your employees about the benefits of automation
  • Be transparent and inclusive when discussing what technology you are going to be using
  • Train your staff members to work with and alongside the tech that you invest in

Learn from the experts

All of today’s biggest companies will now, under some title or another, employ an automation expert. If you are to unearth the secrets of seamless automation integration, you should get in touch with these experts and learn from them.

Automate for free

Automation doesn’t necessarily have to be a costly venture. If you want to take this step forward in your business’s development in the most cost-affection fashion possible, you should seek to automate for free.

Choose the right vendor

If you get to the point where you want to align yourself with an automated services provider, it’s essential that you choose the right vendor. Don’t partner up with the first company or professional that you come across. Take some time to consider where you want to be in three years, and try to align yourself with an external force that shares similar aspirations.

If you want to see your business grow from strength to strength over the coming years, you should be taking full advantage of automation technology. When you do decide to embrace this tech, just be sure to put all of the advice laid out above into practice.

5 Types of Popular Contract Types for Construction Contractors

Seeing your house or construction project taking shape is an exciting prospect. If you want the project to go according to plan, it pays to have a contract in place. A contract is simply a legally binding document that spells out the scope of the project plus when and how payments will be made. In this light, there are a few popular contract types that contractors use. Below, we will look at five of them.

Lump-Sum Contracts

This is one of the most popular types of contracts used by contractors. It is a contract that binds a project that has a fixed cost that is agreed upon by all parties before work starts. Because the full cost of the project is already spelled out, the contractor is able to keep the project within budget. It is also helpful for clients because they know there will not be any additional costs during the project.

Subcontract Agreements

As the name suggests, these are contracts signed between the main contractor and a sub-contractor. It lists everything the sub-contractor has to do for the main contractor and how much they will be compensated for these tasks. This type of contract also transfers responsibilities for what the sub-contractor does from the main contractor to the sub-contractor.

This type of contract also protects the sub-contractor by providing a guarantee that they will be compensated fully for everything they do.

Time and Material Contracts

These contracts are written where the scope of the project is not fully defined. The client and the contractor usually agree on rates for the materials to be bought plus hourly or daily rates for the contractor and those working under them. All of these rates must be verified and included in the contract.

To keep things as clear as possible, contractors can use contract lifecycle management to create, organize, and send contracts easily.

When these rates are added to the contract, they are usually defined as overhead, direct, indirect, or markup. In some cases, the client will put a cap on how much the contractor can bill during the project.

These contracts are perfect for when the client does not know how long a project might take or when they can estimate the amount of time it will take.

Cost Plus Contracts

These contracts are perfect for projects where the cost of materials and other resources cannot be immediately identified. The contract covers all costs, expenses, and purchases made during the project. The client has to establish the maximum cost of all these expenses to protect themselves from unnecessary charges.

Residential Contracts

These contracts are important for homeowners who want a new house. Because a house is a huge investment, a homeowner must ensure that the work they need is done properly. Because of laws that protect homeowners and clients, the contractor is obliged to do a good job and this type of contract ensures this happens.

This type of contract comes with many legal requirements attached, so every contractor must ensure they make their contract law-compliant.

Every contractor should draw up contracts for all projects they do. This protects them and their clients and ensures they are paid fully and on time.