PowerTips

Posts Related to Financial Management

10 Ways to Protect Your Business from Cyber Crimes

Smartphones, laptops, and tablets, have boosted efficiency and communication from the field to the office and back, but they also open your business up to cyberattacks. A recent survey reported by the Associated Press finds that small-to-medium-sized businesses — like many remodeling companies — are increasingly the targets of such attacks.  Every organization is vulnerable,

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Find Extra Days, Get One More Job per Year

We talk a lot about process improvement. How can we make our processes easier, better, faster and ultimately cheaper. And most of the remodeling companies I get to work with have given considerable thought to improving their processes.  But once major changes are made, continuous improvement is much more about finding the small, incremental changes

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Cash Flow: The Silent Killer – [PowerTips Unscripted] Ep.75

It’s incredibly busy in the remodeling world at the moment — leads are pouring in, proposals are flying out, and jobs are being scheduled like crazy. We’re seeing businesses with 30 percent growth, year over year. Yet there’s a silent killer lurking beneath all the fevered growth: insufficient cash flow. In this episode, Mark’s flying

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To Showroom or Not to Showroom: Questions to Ask

It’s a big step, and for many it’s an important milestone. Opening that showroom — with a retail presence, road visibility, product selections, impressive company signs, office space, and warehouse space can be the right strategy for a growing remodeling company.  At the same time, the cost of acquisition, buildout, staffing, and maintenance can be

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