The Environment. Recycling. Going Green. It’s on everyone’s radar these days. But I’ll bet you never considered the benefits it could have on your business. Well, on today’s episode of PowerTips TV, I’m going to give you five reasons why going green could make a big positive impact on your company. What about you? If
Every company has some conflict with clients from time to time. The way your team handles these occurrences can mean the difference between creating a loyal client for life and a disgruntled homeowner who will spread their dissatisfaction throughout the community. Seek first to understand, and then to be understood. Stephen Covey, Author There are
Are you sure that your salespeople are focused on the right things? Do you know if they’re performing at the highest level or if there’s room for improvement? All of the savvy owners I’ve spoken to agree that results–like the number of projects sold and the revenue and gross profit generated–are the ultimate measure. But
If your construction business is willing to pay upfront for long-term gains, buying in bulk could be a viable strategy—so long as you have a plan. High volume purchases are most advantageous to contractors with multiple ongoing projects that have the same product requirements, says Michael Bellaman, president-CEO of Associated Builders and Contractors Inc. “If
Most people in a management position think they are a great manager. Not just good — great! The unfortunate truth is that most managers are far from great. It’s the rare individual that can look at themselves and see their shortcomings. So if you manage others in a remodeling company, you should check yourself for
When I started our company back in the day (likely before some of you were born!) I was focused on survival. The first several years of running any new business are filled with lots of uncertainty. Where is the work going to come from? How are we going to deal with the ups and downs
Are you frustrated with the limitations of a home office? Have you considered moving to a commercial space? If you’re like me, you don’t want to spend money if you don’t have to. But if staying in your home office is stunting your business’s growth, the benefits of making that additional investment will likely outweigh
This week I’ll share some examples of how slippage can destroy your profits. More importantly, you’ll see how performing a thorough job autopsy can prevent future slippage. So if you’re looking for ways to increase your profits, look no further than this week’s episode of PowerTips TV and learn one very effective technique for eliminating
Have you ever played one of those educational survivor games? They always start with a crisis (like a plane crash or a shipwreck) that leaves you and your team with only your problem-solving skills and a motley array of items to survive. If you haven’t been part of a game like this, you should. There are
Most remodelers I speak to think they own a remodeling business. But this isn’t always the case. Some are surprised to learn that they are, in fact, running a practice. Do you know which you own? In this week’s episode of PowerTips TV, I’ll discuss the differences between a business and a practice, the pros and
