Helping Fence Contractors Be Competitive

Professional fence contractors need to cut costs in order to be competitive when submitting bids for major projects. Municipalities, self-storage business owners, commercial construction companies, government entities, shipping docks, and many other industries rely on strong and durable fencing for security and safety. Most of those projects are put up for bids. The contractor with the lowest bid is awarded the contract.

Renting Equipment

There are several ways contractors can cut costs to keep bids competitive. One way is to rent or lease equipment and tools. Essential equipment that will be used on all fencing job can be purchased, but those tools that are only need for a specific job can be rented. Those payments are considered expenses rather than business assets. That makes them tax deductible.

Purchasing equipment or tools that will only be used on rare occasions is expensive and short-sighted. Once purchased, items become assets and will be taxed. What that means is contractors have tied up capital on equipment that will be stored more than used, and will continue to pay for the asset every year at tax time.

Partner with a Supplier

Instead of working with a supplier that only delivers needed supplies, find a supplier that offers added-value services and has the capacity to partner with your business. The use of quality steel pipe is critical when constructing a security fence. A partner that can supply a wide variety of grades, sizes, and styles, such as Varner Pipe LLC, will save contractors both time and money.

Custom cutting to specifications, delivery to the job site, and forklift services to access remote areas are significant benefits. Discounted pricing due to high volume sales is also an advantage when calculating bids to submit for contracts. Used piping and tubing is also available, which may be suitable for smaller jobs.

Improve Efficiency

Another way to be competitive is to improve efficiency in all areas. Streamline accounting with top business software. Take advantage of free advertising via the business website and social media pages. Increase communication with installers through integrated telecommunications systems.

Participate in continued education workshops or seminars to learn new methods and tools to cut installation time. Seek advice from a consultant, speak to all suppliers for updates on new products or materials, and discover better ways of being organized. Competition is fierce as the economy waxes and wanes. Fencing contractors who still want to be here and see the business thrive have to be diligent and wise.