Having worked with Denver remodeling companies for over a decade I can tell you that the remodeling business is finally rebounding in Denver.
It’s a reflection of many things. In 2008, when the credit sources dried up for remodeling, and home values began to decline, many remodeling companies took a huge hit in sales. As an example, one of our partner sites, http://www.denverbasement.com average over 26 basement finishing appointments a month for contractors in 2007. By 2009/2010 that number had been reduced to 5.
We also track the number of permits issued in Denver weekly. Although the gross number of permits only fell 20% to 25% from the boom days, the average value of permit fell 40% to 50% as home owners started to use cash and savings, as no refinancing was available to most based on a decline in home values and a very tight credit market.
The remodeling industry has since adjusted to the demand, now for smaller and less expensive projects, as well as many contractors moving into a cleaner business model. Watching every expense and providing great value.
This up swing seems to be reflected in many other industries as well. We recently met with a Denver Physical Therapy company, that is doing well. Although lots if the expense is covered by insurance, a portion of it isn’t, and at times more than you would think comes out of pocket. Many small businesses and individuals have gone to high deductible programs to save money, and that means paying a lot more out of pocket.
But Blue Sky Physical Therapy, a Denver Physical Therapy office has maintained there business by (like the remodeling companies) adjusting there business model and becoming better marketers.
The first rule of any business is provide great value and service. In both of these cases it appears that was and continues to be their foundation of business success.
Start up companies in Colorado.
Several new start up ideas taking form in Colorado you may want to keep an eye on.
Meta Social Web, is a new concept for business owners who need to promote both their social media and their web sites. The concept is to form a community of local business owners who can support each others Internet presence through viewing the businesses Social media pages. They can then choose to “like” their facebook page, follow them on twitter, add them on linked in, and even give them a review on a search engine, all from one page.
In addition to that, once they have viewed another members sites they can email them and let them now they did, and ask that they do the same for their business. There are no requirements to like, follow, or what ever. It only gives business owners the opportunity to be more visable, and pick up real followers in their area.
An interesting feature is that as a member you will be able to add a special offer, which other members can tweet, or share on Twitter or Face book. I can imagine the value of 10 to 50 companies or company owners doing that for a business. This feature is part of there upcoming 1.1 relaease due out next week.
There are lots of on line services that will add followers and likes and such. The challenge is most of them add low to no value followers. This services promises to deliver the local businesses and business owners who are actually interested in your services. You can see more at meta Social Web
I was invited in as a partner, and have accepted, as I like the concept so much.
Do you have a start up in Colorado you would like us to look at? Just email me, or leave a comment.
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- Click to Call Software and Web Site Conversions
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- Hello world!