WHY 2022 IS THE YEAR TO START YOUR TRADE BUSINESS!

WHY 2022 IS THE YEAR TO START YOUR TRADE BUSINESS!

 The last two years have been seriously tough. I’m sure you’re tired of hearing about it, thinking about it, talking about it.

One positive this s***show has provided is time to reflect. Time to reflect on what matters to you. Time to reflect deeply on values you may not have known you had and time to reflect on exactly what you want to do with your life.

So, if you’re looking for that final kick up the bum, this is it… 7 reasons why 2022 is going to be an awesome year for you to finally bite the bullet and go out on your own in your trade business. 

 

 1. NOW IS THE TIME FOR INNOVATION

The last two years have meant that even the most reluctant members of society have had to adapt to technology. So, if something has been driving you crazy about the industry, now is the time to swoop in and fix it. Want to introduce Afterpay so you’re paid instantly instead of the standard 30 days… now’s the time to do it, society is ready for it.

 

2. THE GOVERNMENT IS ON YOUR SIDE

Due to the recession, the Australian government is doing their best to increase spending as we find a pathway out of this s***storm. This is good news for you, as it means interest rates for borrowing are at an all-time low. It also means that there may be more help available to you in terms of grants and rebates. Check out your local government website to find out more information.

 

3. PEOPLE WANT TO SUPPORT THE SMALL GUY 

More than ever before, people are going out of their way to support the small guy over big corporate. Take advantage whilst it lasts, this could work in your favour. 

 

 4. LESS COMPETITION AND MARKETING NOISE

Bit of a sore point this one… but the last 2 years have been devastating on so many businesses. As awful as it sounds saying this, collapsing businesses create opportunities for new ones to enter the market. 

On top of this, bigger businesses who have done okay, have still had to cut costs from somewhere. Smaller marketing budgets mean less ‘noise’ and more opportunity for you to get yourself out there.

 

5. THE HOUSING MARKET IS BOOMING

It is a sellers’ market! If you have a skill that can improve the value of a home, people want it ASAP! There is so much demand and not enough tradesmen who can get the job done as quick as people need it.

Don’t be worried about finding work… there’s plenty!

 

6. YOU’LL BE SET UP FOR SUCCESS RIGHT FROM THE GET-GO

Starting a business during a recession means that you are forced to be frugal right from the beginning. You are pushed to figure out exactly what is driving revenue whilst tightening up spending wherever you can. This way of doing business creates successful habits that you will carry with you long-term, ultimately outliving your competitors who don’t do the same.

 

 7. YOU’RE NOT GETTING ANY YOUNGER

This is a bit of a silly one... But you aren’t. You’ll never have more energy and fewer responsibilities than you do right now. Research shows that the more you dwell on something, the less likely you are of doing it. Dive in.