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Business Growth Basics

Spectora Academy

Introduction

As a home inspector, you go through ample technical and field training. But have you taken the time to work on your business skills? Unless you're joining a multi-inspector firm, you'll need to understand how to run, develop, and grow a business. 

In the Business Growth Basics section of Spectora Academy, you can find tips on metrics, payments, business administration, and more. 

Closeup of womans hands measuring bar graph with tape on blackboard

How to Set Your Prices as a New Inspector

Determining pricing is one of the most critical business decisions you have to make as a new inspector early on in your company. Should you undercut your competitors? Do you need tiers? Should you just go with your gut? 

In the video below, learn about what should go into picking your price as a new home inspector. 

📹 Watch time: 7 minutes

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Saving Time and Money with Business Automation Tools

As a home inspector, finding ways to automate your business processes can help reduce stress, increase your inspection revenue, and help you scale your business without needing to hire additional staff. In this webinar, James and Chance break down the business automation tools you should be using to make your business thrive, including:

  • What processes you should absolutely automate (and what you should not)
  • How saving time through automation can be a game-changer for your day-to-day business operations
  • Cleaning up systems and processes to run your business more efficiently
  • Knowing when you need to invest in automation and business tools 

📹 Watch time: 49 minutes

📖 Additional material: 5 Ways to Use Spectora Advanced Actions (blog)

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Metrics Inspectors Should Track

What financials should you track? How do you calculate market share? These are important questions that every home inspector should know the answer to.

In this short clip from the Spectora Spotlight podcast, Kevin and IEB Financial Coach Erin Guyton talk about some of the metrics home inspectors should track. 

📹 Watch time: 6 minutes

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How to Stop Losing Clients When They Hit Your Pricing Page

Do you lose clients because you aren't the cheapest home inspector in your market? In this short watch, Kevin highlights the solution that Structure Tech Home Inspections found to address their higher price point and win clients' business in the process. 

📹 Watch time: 6 minutes

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Simplify Finances and Minimize Risk with Spectora Payments

Everyone likes saving time and money. Watch this webinar, Simplify Finances and Minimize Risk with Spectora Payments, to find out how you can automate and improve your payment processes. Spectora's Head of Product, James Dixon:

  • Walks through how to save up to 95% on credit card fees
  • Explains the risks of manual payment processing 
  • Gives the rundown of Spectora Payments

📹 Watch time: 25 minutes

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Winning Market Share in a Down Market

What should a home inspector do in a market slowdown? Learn how the housing market has reacted in previous recessions and what you can do today to capture market share and come out of a market pullback better and stronger.

While Kevin and Mike recorded this video in early 2023, the lessons here apply to the market environment in 2024 and beyond. 

📹 Watch time: 57 minutes

📖 Additional material: Agent Prospecting Spreadsheet (copy only)

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