David Babakaiff is a successful professional in the Vancouver custom contracting and renovation market. He has established his name in this competitive industry, and he has seen his share of accomplishments and setbacks along the way. With 20 years of experience under his belt, David understands what it takes to pursue a successful business venture. Here are his tips.

Business Model

David has tried a variety of business models, and he has discovered that using a strategy with minimized risk is key to increasing profits and allowing a business to thrive. In the past, David built Vancouver homes without having a guaranteed buyer lined up. This increased the length of time funds were tied up and minimized profits. Today, David builds custom homes in Vancouver and completes guaranteed renovations. With clients secured in advance, David can accurately assess costs and work with the client’s budget to minimize his personal financial risks.

Pricing

With David’s current business model, one goal is to protect profits with a sound pricing structure. In order to do this, it is important to implement a plan for complete transparency with every client. By using Alair Homes’ proprietary online system, David is able to keep clients informed throughout the building or renovation process. This gives them complete control over materials and sub-contractor choices and allows them to accurately manage their budgets. The end result is a more satisfied client and an increased ability to maximize profits in a fair and ethical way.

Delegating

David is an expert in the construction industry, but he is not an expert at every aspect of owning and running a business. Throughout his career, David has learned to do what he is good at. By delegating things like building a website, managing payroll and marketing the business to others, he can focus on working directly with clients, and this offers him a higher level of satisfaction and success.

Capital

The best way to build a successful business and minimize risks is to use someone else’s capital. As part of Alair Homes, David is able to take advantage of the buying power of an award-winning, nationwide company. Additionally, Alair Homes provides full support, innovative technology and a higher marketing budget than David could comfortably spend on his own. As a result, David’s personal capital is not tied up as his business grows, and this has a positive impact on both his professional and personal life.

Branding with A Winning Team

Alair Homes is an award-winning company with offices throughout North America. They have established a positive reputation in this industry, and clients seek them out as a result of their branding. David has made a choice to be a part of something bigger by joining Alair’s team, and he has realized the benefits that come along with this choice. Through positive branding, David’s company has a strong reputation across Vancouver, and this automatically brings clients to his door and improves his chances for success.

The Value of Support

In a competitive industry, going it alone is challenging at best and frustrating at worst. To overcome the obstacles that present in the construction, custom home building and renovations marketplace, David chooses to turn to the team of professionals that are a part of Alair Homes across North America. The collaborative effort of these professionals has resulted in the award-winning customer service and exceptional building standards that Alair Homes has in place today. The Alair Homes team meets regularly, shares industry secrets and brainstorms whenever problems arise. David appreciates the value of this team and understands the contributions they have made to his success.

Alair Homes continues to prosper, and they have a vested interest in assisting their local owners and operators as they continue to build this brand and introduce homeowners across British Columbia and North America to a better way of building and renovating their properties. There are still a few franchise opportunities left with this dynamic team. If you are interested in owning your own business and being a part of something bigger, a company that offers you the support and resources you need, contact Alair Homes today.