As we bring Slippage Awareness Month to a close we look back on some solid information provided by our team here at Remodelers Advantage. Tim Faller led us off with a blog post on The Team Approach to Preventing Slippage and an in-depth webinar, “From Slippage to Grippage: How to Raise Profits Without Raising Prices”.
The responsibilities of a Sales Person range significantly within a remodeling company for many reasons. Typically, a sales person is rewarded by closing the deal and setting expectations with the client. However, it is equally important to know how he or she can help reduce profit slippage by communicating the client’s project details effectively, when
Loss of revenue is a critical issue for any business, but in my experience, the biggest problem with slippage is the effect it has on morale within the company. Of course, it hits the owner of a remodeling business hard because it is money out of his/her pocket, but it effects the entire team because
The days of laying down canvas tarps in the hallway, giving the workspace a light sweep, and leaving a note for your client are over. The truth is; living in a home through a remodeling project is a highly stressful experience for the homeowner. (Yes, you are living there.) But don’t fret. With the proper
Are you currently using a CRM (Customer Relationship Management) to track prospects, leads, and customers? If not, you’re missing out on revenue! (This was me a few years ago). In just a second I’m going to share the three step process I use to maximize my revenue and stay ahead of potential downturns. But first,
Remodeling and home improvement companies generally fall into two camps when it comes to interacting with prospects on the phone. Camp One: Virtually every call from a homeowner results in the company sending a salesperson out to their home. This is called Under-Qualifying, or UQ. Camp Two: When a homeowner calls, the inside salesperson asks
While running a meeting of the Remodelers Advantage Roundtable group “Quattro,” I heard Neil Harvey say, “Time serves no sale.” That sentence is powerful. Why? Most remodelers have mixed feelings about dealing with the fulfillment side of the sales process. It takes a lot of work to figure out the design and specifications of a
Running a successful remodeling company isn’t easy. And trying to build one that can run without your day-to-day involvement is even harder. If you want to take your company to the upper levels of success, you must first acknowledge that it’s a long road. There’s no magic elixir. It takes time. It takes commitment. That being said, there are certain
You don’t need a huge transformation in your remodeling business to see a huge transformation in the results you achieve. In fact, improving productivity and efficiency by only a few percentage points can rock your business world—in a good way. This is what we demonstrate to remodelers the first time they work with us, either
Sometimes when we think about the New Year and all our goals we want to achieve, we over-complicate things. I like to keep it simple. Want to grow your business? Focus on sales and marketing. Improving your production process won’t grow your business. Getting a new accounting software won’t grow your business. I’ve been thinking
