Contractors are often their own worst enemies. Here are four ways they make it... More
Judging a company's profitability based on gross profit can be misleading. Your bottom line numbers are a better indicator of performance. Here's why. More
In this segment of Do the Math, former Remodeling editor Sal Alfano looks at two... More
Benchmarks can be useful, REMODELING columnist Shawn McCadden agrees, but some numbers are more useful than others. He has two pieces of advice to help ensure that sure you're comparing your company against the right numbers. More
Time and materials contracts are a risky proposition for all but the biggest, replacement contractor-oriented remodelers, Judith Miller argues. Well-run traditional remodelers don't need T&M to succeed--and usually couldn't succeed if they used it. More
Here's a guide that enables you to use cold hard facts to make the tough decision about when to hire a new employee. More
This yearís Big50 posted average gross margins around 33% and net profits of roughly 9% for 2012. Thatís the best showing for any Big50 group since 2006 and far above another popular standard benchmark. More
Rather than expand through hiring, remodeler Stan Acton uses a spreadsheet to help him get the most out of the carpenters he already has. More
Companies that have taken overhead as low as it can go but are still facing price pressure can look to improved field productivity to preserve profits. More
JUDITH MILLER shows how to track your progress (and make any necessary adjustments) as your company moves toward its revenue goals. More