Ep. 9 - How To Scale Your Contracting Business With a Sales Team - Grow With Groth
Автор: STG - Sales Transformation Group
Загружено: 2021-04-16
Просмотров: 192
Описание:
Contractors, let’s talk about the importance of building a sales team and WHY it’s the key to scaling…
Let me explain.
Say, for example, you’re out in the field quoting jobs by yourself and your close ratio is 60% on your own without a sales team.
You bid 100 jobs at $15K average job size.
So, that's $1.5M quoted, you close 60% and gross $900K.
You with me so far?
Now, let’s say you hire 3 sales people who are out there bidding more jobs...
They each bid 100 jobs for the month at $15K AJS.
Now, you’ve got $4.5M in quotes on the estimating table.
...and since you’ve hired a team you’re close rate dropped to about 40%.
You might be thinking “40%?! I can close 60%+ plus on my own, who in their right mind would hire more people and let their close rate slip???”
This variable scares a lot of contractors and keeps them small.
It makes sense. I don’t blame you.
HOWEVER…
You need to understand that even though your close ratio drops, your sales DOUBLE because you estimated more projects.
$4.5M quoted becomes $1.8M in closed business (and you didn’t have to do the bids, go on site, or do all the work!).
So, as a result, your business has doubled, you have more time, and you’re wearing fewer hats…
It’s simple math.
Do you see the beauty in how this works?
Next, let’s say you go ahead and hire an 8 person sales team.
Now, you’ve got sales managers, and reps...
Even if your close ratio drops from 40% to 30% with an 8 person sales team...
You can still double your business AGAIN because you can quote more jobs.
And here’s the beautiful thing about this process...
You’re now personally freed up to improve your job size, increase your margin, go up market, sell more value, hire more talented people, invest in marketing (and more!).
With two simple, strategic, hiring moves you were able to double or even triple your business.
Just. Like. That.
This can be your reality (if that’s what you want).
And I will help you get there.
If you want to take your contracting business to the next level…
Then I invite you to take the FIRST step today by simply clicking this link:
➡️ https://training.salestranformationgr...
...answering a few short questions about your business, and scheduling a FREE 15-min call with our Team of Growth Consultants.
There’s no pressure, and no obligation, we’ll simply ask you a few questions about your business, and if you’d like to learn more about how we can help you, we’ll tell you how that works too.
This is what you’ve been wanting…
More time, money, and freedom to have a business that runs itself...
So take the leap - it's 100% free to talk to us and you’ve got nothing to lose!
It’s your time.
You deserve it.
Book your free consultation here
👉 https://training.salestranformationgr...
See you on the call,
-Ryan
“Change happens when the pain of staying the same is greater than the pain of change.”
Tony Robbins
Sales Transformation Group was built for you...the contractor who wants more out of life and business. Because we know that you need just 2 things to ramp your business FAST 1) A Strong Sales Process 2) Impeccable Execution. And that’s exactly what we help you do best. Pure and simple. Take the FREE Sales Development Quiz For Contractors today and see where you stack up! →
https://training.salestransformationg...
LOVE RYAN GROTH - SALES TRANSFORMATION GROUP AND WANT TO LEARN MORE ABOUT SALES DEVELOPMENT FOR CONTRACTORS? HERE ARE SOME NEXT STEPS...
1. SUBSCRIBE:
https://www.youtube.com/c/SalesTransf...
2. TAKE THE FREE SALES DEVELOPMENT QUIZ FOR CONTRACTORS:
https://training.salestransformationg...
3. SOME GOOD CONTENT TO BINGE: Learn more about how to increase your revenue with commercial sales tactics, strategy, (and more!) with the Unlocking Service Growth Series:
• Unlocking Service Growth
4. FOLLOW ME ON MY ADVENTURES:
Facebook:
/ salestransformationgroup
LinkedIn:
/ grothryan
Instagram:
/ salestransformationgroup
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