By now I am sure most of you in business know we are going through a downturn in the building and real estate market. If you are unaffected by this downturn, consider yourself lucky or smart enough to practice in different market segments.
I have written numerous times about the importance of company planning. With the many changes in our profession, we need to take a more in-depth look at the importance of charting out the future of our careers and our companies.
I know most POB readers are in the throes of winter. But as always, spring is not far away. Many farmers take the winter months to plan for the spring thaw, deciding on the types of crops to plant for a better harvest next fall.
Many of you have attended a surveyor's convention and looked at the historical survey equipment on display. Often, the historical items are missing essential parts and would be impossible to use on a survey today.
I can tell you from personal experience that working at a large company is not always the path to high profits or personal satisfaction. So why not focus your company on the work you can perform yourself?
The company planning ideas presented in this column are tailored to company owners as well as managers. This information comes from a seminar I developed titled "Treating Surveying as a Profitable Business." When I conduct this seminar, I ask each person in attendance to develop a company business plan based on three areas important to running a successful business: business structure, profitability and company management.