Monthly Archives: August 2018

[Podcast] Episode 31: How to Successfully Use Cost-Plus Pricing with Josh Baker

The Cost-Plus Pricing model seems to go completely against common sense, but it’s a concept that we’re getting more questions about from our membership. One contributing factor is that consumers increasingly demand transparency when purchasing products and services — and homeowners are coming to expect it when undertaking a remodeling project. But so many remodelers […]

4 Strategies to Save an Under-Performing Employee

As difficult as it may be to find, hire and train good employees in today’s competitive marketplace, a solid strategy of how to handle under-performing employees can be critical to building an effective team. Keeping the adage “Hire slowly & fire quickly” in mind, are we pulling the trigger too soon? Are there employees who […]

Ep. 22: Creating Bonus & Incentive Programs with Robert Criner

It’s a constant conundrum — how to motivate your people. Bonuses and incentives can work, but you have to structure them in a way that speaks to something more meaningful than just extra cash in pocket. Many business owners have tried, many have failed, and some have just given up. If you fall into the […]

Survey Results: What You Told Us About Hiring and Training Project Managers

Finding, hiring, and training great employees is critical to your success. But it’s hard, and getting harder. I hear it all the time when I’m working with remodeling companies. I’m supposed to have some of the answers to those problems. But it’s been a while since I’ve hired and trained anyone myself, so I wanted some real-world data from a […]

Make It an Event! Throw a Party Mid-Project

Remodeling is a deeply personal business, and getting out of the office and creating relationships lifts you above your competition. Event marketing is a key way to boost your profile, reconnect with past clients, meet interested prospects, and generate more leads. A booth at your regional home show is one of the more obvious examples […]

Ep.20: Managing Cash Flow with Doug Howard

In any business, you need to pay attention to your cash flow — in the remodeling business, it’s even more complicated. Your Production Managers and Project Managers can play a big part in keeping you on the positive side of the equation. Unfortunately, a lot of business owners don’t share financial information with their teams. […]

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