Tag: company vision
How To Build An Org Chart For Today And Tomorrow
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
The Path to Higher Profit: Strong Leaders & Good Numbers
After more than 30 years of working with remodelers around the country, I have encountered nearly every problem to confront a remodeling company: the dissolution of long-term partnerships, ineffective marketing tactics, sales systems that don’t produce results, unmotivated production crews, theft from overhead coffers, bankruptcy and terrible accidents on the job. On the other side,
For Sale: 5 Effective Ways to Increase Your Company’s Valuation
Recently there’s been much discussion among our members about selling their remodeling business, or perhaps handing the business over to a 2nd or 3rd generation family member. These discussions are typically driven by a company’s founder or current owner who is nearing retirement age and wants to take advantage of the value they’ve built up
PowerTips TV Throw-back Thursday: “5 Mistakes Most Family Businesses Make”
We have many Remodelers Advantage members and alumni who are part of a thriving family business. Working with family can be both a fulfilling and frustrating experience not only for family members, but for your employees and clients as well. In today’s throw-back episode of PowerTips TV we take a closer look at five mistakes
Is Your Company Disaster-proof?
For business owners, the tragic events unfolding before us in Texas prove the critical importance of having a disaster recovery plan. Ask yourself, “How would my business survive such a catastrophe? How would we continue to operate?” According to the Federal Emergency Management Agency (FEMA), 40% of businesses do not reopen after a disaster, and
PowerTips TV Throw-back Thursday: “How to Keep New Hires From Jumping Ship”
Earlier this week our PowerTips post covered building a positive company culture and a key part of that effort relies on hiring and retaining great employees. In this week’s throw-back episode I talk about a crucial aspect of employee retention and that is how to properly welcome and onboard a new employee. After watching this
Hey Bro, Your Company’s Culture is Hurting Your Business and Here’s How to Fix it
There are many parallels between the technology and remodeling industries, the most prominent being the gender gap and how it can affect a company’s culture. This issue has been top of mind with the recent news surrounding a “manifesto” published by a Google engineer which inferred that women were not capable of handling stressful situations
PowerTips TV Throw-back Thursday: “Who’s With Me? How to Get Employee Buy-in”
Earlier this week Rosie Romero’s PowerTips article focused on establishing a system for your company and that process relies heavily on meeting with your staff and getting their subsequent buy-in on making these changes. What happens if they don’t buy-in? How can you motivate change within your organization and get your team on board? This
The Failure Analysis Exercise: How to Reset Your System For Success
In the beginning, your remodeling business had systems and you were on top of the world. It was you, your clipboard, pager, tool belt and pick-up truck. You were making decent money and drowning in client praises. Your company’s systems were the key to your success. One successful job after another and you found yourself
