Most likely they will also work harder since their profit potential is that much higher. While your initial geographic area of delivery may be relatively small the more you grow and the more contractors or employees you have the larger that area can become. Probably anything up to a 3 hour driving range will be quite feasible. Most owners of new business will be so hungry for new business that they may consider any piece of business to be quite worthwhile. As your business grows and you acquire special knowledge both about general management techniques as well as specialized knowledge about your specific business, you will want to watch all areas and factors that will effect expenses and efficiency.
High efficiency produces high profits.
Most of your customers, certainly your corporate clientele, will require credit. This area needs close watching. Bills must be sent out promptly and should be paid within 10 to 30 days. Many businesses will cut off customers who are more than 30 days overdue, but there rarely is any rational in carrying any business past 60 days. For additional information helpful in setting up your new business, information about licenses, permits, the legal structure of your business, taxes, insurance and so much more refer to the Business Start-Up Fact Finder Manual Copyright AB Cyberworld, 2000.