Now and then, a great new opportunity appears on the horizon. Maybe it's a piece of property you've dreamed of developing as your office space; perhaps it's a great deal on a second home in the mountains; or maybe it's the presidency of the local industry association. Whatever it is, it almost always looks too good to pass up. So you begin to build the case for the new opportunity, selling it to anyone who will listen, including yourself. More
Do you know how much you really spend on your employees? More importantly, do they know? In the final installment of our benefit series, REMODELING explores the idea of total compensation -- the true cost (and value) of employment at your company. More
During the past few years, when demand far exceeded supply, many companies didn't see the need to spend any money on marketing. Now that the economy is slowing in many areas, many of you will be scrambling to maintain sufficient sales to support your overhead and produce a satisfactory profit. It's never too late to make and implement a marketing plan to bring in the leads required to produce the sales you need. More
Predictable and recurring net profits result from good management of each of a company's three vital "departments"--marketing and sales, production, and administration. Make a New Year's resolution now to measure and grade performance in each of these departments. More
Good management depends on the ability to quickly spot problem areas and make necessary corrections. That's true on the jobsite and in the office. More
Upscale remodelers must not only keep pace with competitors but find ways to differentiate themselves. More
What follows are some insights regarding the P&L, also called the income statement, and the balance sheet. More
Preparing a remodeling company for sale is not a quick, straightforward process. It requires several years of focused attention. More
