In setting up a chartered surveying practice, there are so many factors to consider, from identifying the right market and setting the right fees to putting together a business plan for future growth.

The Royal Institution of Chartered Surveyors (RICS) has released its UK residential Survey covering the month of September 2023. The report depicts the continuation of a challenging market backdrop, with interest rates continuing to hamper mortgage affordability, and the disparity between tightening lettings supply and rising demand causing rental price rises.

RICS supports the declared intention to build 1.5 million new homes and establish a generation of new towns. Suggestions of reform to local planning laws, making development more accessible, are also promising.

Drones, also known as unmanned aerial vehicles (UAVs), have become increasingly popular in surveying, particularly in the evaluation and inspection of buildings. With their ability to capture high-resolution, high-quality images and data, drones have revolutionised how we approach building surveying, making the process quicker, more accurate and cost-effective.

It's crucial to find new clients if you want your practice to grow. Many surveyors start with industry and local directories as a starting point which are great, however in this article we share key tips on how to generate new prospects to keep your client base growing.

Can you explain the purpose of your surveying firm in just a few words? In addition to providing clear direction for future growth, a mission statement can help you differentiate yourself from the competition. These steps from Surventrix will help you create a mission statement that resonates with your clients and you.

During the maturation and penetration of AI into business operations, executives confess to feeling stressed about its potential repercussions.

The pace of digital and technological change has caused 94% of business leaders worldwide to suffer from tech anxiety.

Working at Surventrix, I've discussed value-based pricing for surveyors frequently lately, always explaining that pricing is more about value than cost.

This is especially relevant to surveyors starting their own business, or experienced businesses looking to increase pricing yet remain competitive.

There has always been a question of when and how to raise prices without sending clients running to your competitors. The topic is especially relevant at the moment. 

Many surveying firms with small businesses rely on word-of-mouth marketing as their primary source of revenue. New customer acquisition can be expensive and time-consuming (especially if you're covering a large area and don’t have a big marketing budget).

If you set up a referral program for your practice, you can encourage your customers to spread the word rather than waiting for them to do so.

Creating your own referral program can be done in a few simple steps.

To go from £250k to £500k is an ambitious goal for any small business. In your Surveying Firm, it’s no longer all about you, but about how well the team works together. These challenges often prevent small surveying firms from growing beyond £200k. As a surveyor, you can implement several strategies to grow your business and expand your client base.