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
According to the U.S. Bureau of the Census, roughly 90% of U.S. businesses are family-owned and the Remodeling industry is well represented by closely-held firms, typically started by a founder and then handed down through multiple generations. Family-owned businesses often run into obstacles and challenges, usually driven by “soft issues” such as communication, emotions, past
If you are going to have a podcast about the remodeling industry, it’s a no-brainer to have Tim Faller on your guest list, and I suspect he will be a frequent contributor to PowerTips Unscripted. For the past 17 years, Tim has worked with remodeling companies, large and small, to help improve profits by creating
In our second episode of PowerTips Unscripted, Victoria and Mark spend some time with Philip Anderson, a long-time Remodelers Advantage member and well-respected industry leader. Philip Anderson is the President of HDR Remodeling, a successful Design + Build firm that he founded over 30 years ago in the Berkeley / Oakland / East Bay Area
Letting an employee go is one of the most unpleasant parts of owning or managing a business. We all want our employees to be fantastic in their jobs… to be so wonderful that we never have to think about firing someone. But that’s not the real world, now is it? In today’s episode we’re going
During the recent Remodelers Summit in Minneapolis I gave two presentations on the finer points of WIP – or more specifically what I’ve noticed over years of studying the nuances of this incredibly vital and complicated tool. The majority of the information is relatively straightforward – but a few problems recur in many RA Member’s
We are off to a great start with Slippage Awareness Month… We’ve heard from Tim Faller with his blog post last week and we are looking forward to his Live Webinar, “From Slippage to Grippage: How to Raise Profits Without Raising Prices” on Thursday, June 15th at 11:00am EST. This week we take a look
length 3:42 (not including bonus content) Are you part of a family business? If so, do you feel everyone in the family is on the same page with business goals or are you frustrated because everyone seems to want different things? Is the leadership of the business now and into the future clear and spelled
length 4:05 (not including bonus content) Have you ever thought about what will happen to your business when you’re ready to retire? Or worse, what if something happened and you weren’t able to work? The truth is that most remodeling company owners find themselves too absorbed in running the business to work on longer term
length 4:19 (not including bonus content) Your office space is one of the longest term overhead expenses you’ll ever take on. You shouldn’t have to go it alone! In this week’s episode, I’ll share the secret ingredient to not overspending and getting a great deal on your company office. Are you less than confident that you
