Home Pro Heroes 8/12/2024

Welcome To Home Pro Heros

Trivia Question❓

Which digital marketing tool is essential for increasing local visibility and attracting new clients to a home service business?

Answer at the bottom of the newsletter

Building Connections: Effective Networking Strategies to Elevate Your Home Service Business

Effective networking is a crucial strategy for elevating a home service business, as it fosters relationships with other local businesses and industry professionals, generating valuable referrals and partnerships. By building a strong network, you can enhance your business’s visibility, credibility, and growth potential.

Firstly, engaging with local businesses creates opportunities for cross-promotion. For example, if you own a landscaping business, partnering with local real estate agents or home improvement stores can lead to mutual referrals. When you refer clients to these partners and vice versa, both businesses benefit from increased exposure and potential sales.

Attending industry-specific events, trade shows, and local business mixers is another effective networking approach. These events provide a platform to connect with other professionals in your field, exchange ideas, and discuss potential collaborations. Establishing relationships with industry peers can lead to partnerships on projects, shared resources, and knowledge exchange that enhances your service offerings.

Joining local business associations or chambers of commerce also offers networking advantages. These organizations often host networking events and provide platforms for members to showcase their services. Being an active member can enhance your business’s reputation and open doors to new opportunities.

Leveraging social media and online networks can expand your reach. Platforms like LinkedIn, Facebook, and industry-specific forums allow you to connect with other professionals, join relevant groups, and participate in discussions. Engaging in these online communities can lead to virtual referrals and partnerships that complement your local networking efforts.

In conclusion, effective networking involves actively building relationships with local businesses and industry professionals. By fostering these connections, you can generate referrals, create valuable partnerships, and elevate your home service business to new heights.

You Are Invited!

Protect Yourself from the NEW Supreme Court 401(k) Liability

Do you own a business that has a 401(k) retirement plan for your employees?

Are you aware that last year the Supreme Court issued new guidance that made YOU as the business owner liable for your employees retirement mistakes?

Here is an extreme example:

Your employee puts 100% of their retirement money (401(k)), into the Russia technology fund 2 years ago. Russia invades Ukraine. The fund tanks. The employee sues YOU the business owner for "letting" them make a bad investment decision. Now, thanks to the new rules, YOU are liable for THEIR decision and have to come up with the money to bail the out, out of your own pocket!

There have been more than 90 class action lawsuits regarding this.

Recently ERISA and DOL recovered over $3.1 billion in fines, penalties, and lawsuit settlements!

75% of all business 401(k) plans have this issue, are you one of them?

See the most common mistakes business owners make in this area, and how you can overcome them.

You can reduce your liability in this issue 95% and possibly save money at the save time!

Click the link and fill out the form to register now and learn how to protect yourself (and your company) from the new liability you don’t even know you have yet.

Register now and we will see you on the training.

There will be no sales pressure on that training, we promise, that isn’t the way we do business here.

Date: Thursday, August 29th

Time: 11AM-12PM Eastern Time

Place: Zoom

Register HERE

Legacy Planning Virtual Lunch & Learn: Harness the power of Family Travel 

Stan Miller is a nationally recognized estate planning attorney, a #1 Amazon best-selling author, the co-host of the Your Life Your Legacy podcast, and one of the cofounders of Wealth Counsel, the largest estate planning software program used by estate attorneys.

On this educational lunch and learn, Stan will share:

The insights gained from physically experiencing different, even strange, places cannot be replaced by reading about them or through any kind of online medium.

When we connect with people who think differently, believe differently and eat differently than we do, we are changed. We grow.

We discover that people of all beliefs and colors are very much like us, and are almost always kind, generous, and open.

Sharing that experience with family members, especially younger members, can be life changing for them.

Your lunch instructions will be in your confirmation email and text, so make sure to enter your correct email and cell phone numbers.

Date: Thursday, August 29th, 2024

Time: 12-1PM Eastern

Place: Zoom

Register HERE

Discover how to grow your business with a podcast and turn warm fuzzy feelings into cold hard cash.

Grab a copy of the Amazon best seller here

💡 Answer to Trivia Question:

Google My Business.

See You Wednesday!

The Home Pro Heros Team