Find the most profit in the field in which you have the most expertise
I am seeing an occurrence of a trend that was started by some contractors about 30-40 years ago.
In fact, I know there are consultants out there who are actually encouraging this practice. What I am referring to is the idea of adding different types of work to the list of things you provide customers. The list of items varies, but it will typically start with the addition of plumbing, then electric, and then perhaps some other home services. We are all entitled to our opinions regarding whether or not increasing the scope of work you perform is right for the overall good of your business. In my opinion, it is not a good idea, especially for newer or smaller contractors. Let me explain why.