Slippage, on each and every job, is the difference between the profit margin expected at the outset of the project and the actual profit margin achieved. The difference can be found in the wastes inherent in almost any process, and they can be easy to find in the course of any remodeling project. LEAN is
Financial metrics can help you make strategic decisions that could mean the difference between great success and dismal failure. A Certified Public Accountant (CPA) is someone who is knowledgeable and proactive and can compile and analyze these numbers. Louise Bartley, CPA, at Coale, Pripstein & Associates, in Columbia, Md., discusses the role of the CPA
Don’t just drift through the marketplace. A budget is one of the most important tools to help you and your company succeed. It’s your plan for profit — the road map that you’ll follow throughout the year with a planned destination of profit. Business owners who work without a budget just drift along allowing the
Written by Victoria Downing and originally published to JLC online A remodeling company owner recently nominated his office manager for an Office Manager of the Year Award. On the application, he wrote: “Our office manager provides enthusiastic support for our entire team. She is an intelligent sounding board for all of our thinking and has
Continuing the team-building tradition With everyone working so hard, many remodeling company owners feel there is no time, energy, or money for what they may perceive as the “soft” side of the business — things like company parties, team-building events, and internal networking activities. Todd Jackson, president of Jackson Design and Remodeling in San Diego,
