PowerTips | The Remodeler's Guide to Business

Doug HowardAll posts by Doug Howard

 

5 Keys to Strategic Planning for Your Remodeling Business

5 Keys to Strategic Planning for Your Remodeling Business

It’s that time of year again — when we look back to see what worked and what didn’t for your business, the good decisions made and others you’d change. Did this year bring the success you’ve been building toward or was it a challenging year that fell short of your goals?   But it’s also time to look forward. To figure out and…

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Posted in: Business Management, Financial Management, Leadership, PowerTips, PowerTips Articles

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Looking for LEAN: Better Customer Experiences All Around You

Looking for LEAN: Better Customer Experiences All Around You

Creating a successful remodeling company, one that’s profitable year in and year out, isn’t easy. That’s where LEAN comes in. You can look to many well-known companies for signs of how they incorporate LEAN practices and principles into their processes — and how that positively affects the customer experience.  Every day, we experience situations that have processes that are anything…

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Posted in: Business Management, Financial Management, PowerTips

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It’s Halftime: Reviewing Your Company’s Mid-Year Performance

It’s Halftime: Reviewing Your Company’s Mid-Year Performance

You lead a team of remodeling-industry professionals. You all set out to make this a great year for your company — a victory — and now it’s halftime!  Take the opportunity to head back into the locker room (or your office) to review your business goals and look ahead. Will 2018 be a win? What strategies will you use in the second half to…

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Posted in: Business Management, Leadership, PowerTips, PowerTips Articles, Sales

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Reducing Slippage with Process Improvement

Reducing Slippage with Process Improvement

Here at Remodelers Advantage we set aside the month of June to focus on an issue that plagues most service-based businesses, but can be a critical metric in looking at the success of a remodeling firm. Last year we named June “Slippage Awareness Month” and this year you will see content submissions from our consulting,…

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Posted in: Business Management, PowerTips, PowerTips Articles, Production

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Get LEAN! Make Your Processes Easier, Better, Faster, Cheaper

Get LEAN! Make Your Processes Easier, Better, Faster, Cheaper

[Editor’s Note: After a very successful Masterclass on LEAN for Remodelers in April and a ton of positive feedback from our attendees, Roundtables members and consulting clients we wanted to resurrect this post on LEAN for PowerTips. As you will see the bottom of this page we will be holding another LEAN Masterclass in July.]…

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Posted in: Admin & Human Resources, Business Management, Financial Management, PowerTips, PowerTips Articles, Production

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9 Rapid Response Steps to Handle Cash Flow Issues

9 Rapid Response Steps to Handle Cash Flow Issues

Cash flow issues can be very challenging to manage. They can show up unexpectedly. They can come on very quickly. They can distract the business owner from the important work he or she should be doing. They can disrupt the ability of the company to get a project done. And in their most severe form,…

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Posted in: Business Management, Financial Management, PowerTips, PowerTips Articles

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There is No Such Thing as a Cash Flow Problem

There is No Such Thing as a Cash Flow Problem

Well, how could that be? If you have more bills to pay than money to pay them, isn’t that a cash flow problem? My guess is that if you are a business owner who has ever faced that situation at any point in your career, you would most definitely have considered it a problem. In…

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Posted in: Business Management, Financial Management, PowerTips, PowerTips Articles

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