In order to run a profitable remodeling company, you have to understand your business inside and out. That is why Remodeler’s Advantage pushes its members to measure every aspect of the business. Everything from your marketing to your financials, it is important to measure key data points and make decisions based on that data to
https://www.youtube.com/embed/FIhdNWOVyjM As a remodeling business owner there’s a danger lurking out there that often gets dismissed or ignored until it’s too late… Know what it is? Well doctors often call it “the silent killer” and it’s just that.. it festers and hides and sneaks up on you… It’s STRESS! As a business owner you’re more
For our first episode of PowerTips Unscripted, we’re thrilled to have John Warrillow as our inaugural guest. John is the author of Built to Sell: Creating a Business That Can Thrive Without You, and in this episode he shares tips on how you can build a high-value company. Even if you’re not thinking about selling
We had a great dinner conversation with a remodeling business owner here in town for our annual Master Your Remodeling Business Workshop. He asked, “What types of charitable giving programs do your members typically take part in?” “How do they give back?” Our answer was very non-specific because, to be honest, we haven’t gathered this
As we head into a new year, this is always a hectic time for remodeling businesses everywhere. Deadline-driven projects for anxious clients need to be completed. Your subcontractors and vendors are very busy. Many of your employees probably are getting back to work after a long holiday break. Before we get too far into the
Happy New Year! Although I typically don’t make New Year’s resolutions, I want you to make some; these are all guaranteed to make your life better by improving your remodeling business and by making your financials for December more accurate. AND, even better, the numbers you enter for your Roundtables Spring Focus Packet (due February
Cash flow issues can be very challenging to manage. They can show up unexpectedly. They can come on very quickly. They can distract the business owner from the important work he or she should be doing. They can disrupt the ability of the company to get a project done. And in their most severe form,
If there is one thing the Remodeling Industry does well, it’s recognizing great work and well-run companies. You can’t open a trade magazine or visit an industry-related website without seeing some mention of an award-winning firm being recognized for something. These awards are great for your business if you can get them! Prospects are looking
Well, how could that be? If you have more bills to pay than money to pay them, isn’t that a cash flow problem? My guess is that if you are a business owner who has ever faced that situation at any point in your career, you would most definitely have considered it a problem. In
Many of our Remodelers Advantage members have built their companies up over a period of time, often starting with 1-2 employees and adding team members as the company grows from year to year. Production, Sales, Estimating, Support… The next thing you know you have 10, 15, 20 employees or maybe more. In this episode of
