PowerTips | The Remodeler's Guide to Business

Victoria DowningAll posts by Victoria Downing

 

How Do You Measure Up: Benchmarking Net Profit

How Do You Measure Up: Benchmarking Net Profit

Information is power, and powerful, when you’re trying to run and grow your remodeling business. So you carefully track your numbers and your data. You can measure your year-to-year progress that way. But how do you stack up against other remodeling companies? To truly gauge where you are now, where you want to be, and…

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

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5 Key Takeaways From the Harvard JCHS 2019 Report

5 Key Takeaways From the Harvard JCHS 2019 Report

The Joint Center for Housing Studies at Harvard University just released the Improving America’s Housing 2019 report, and there’s great news in it for remodeling companies. Here’s a look at the key points that will affect your business this year. 1. New Construction Down, Remodeling Up New home building continues to be slow, and 40% of the…

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Posted in: Business Management, PowerTips, PowerTips Articles

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Building Green, Earning Green: Consumers Want Healthier Remodeling

Building Green, Earning Green: Consumers Want Healthier Remodeling

In a new study, researchers at the Joint Center for Housing Studies of Harvard University have identified that consumer interest in healthy home environments is at an all-time high. That interest extends to healthy home remodeling projects. Younger homeowners, those 25-44 years old, are most concerned about their home environment having a negative impact on…

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Posted in: Business Management, Marketing, PowerTips

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Movin’ Out: Signs It’s Time to Leave Your Home Office

Movin’ Out: Signs It’s Time to Leave Your Home Office

With work booming, many remodeling companies are in growth mode. If you’ve been working out of a home-based office, it may be time to fly the coop. No one wants to spend money on rent or another mortgage if you don’t have to, but if working out of your home is limiting your company’s growth…

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

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Celebrating Safely: Tips for Planning Your Holiday Parties

Celebrating Safely: Tips for Planning Your Holiday Parties

The winter holidays are coming — displays are already up in some stores. We’re not even to Halloween, but it is a reminder that parties and celebrations for you and your staff are coming soon. Some of you already have party plans in place — it’s not to soon to start thinking about it. Throwing…

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

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An Up-Close Look at National Gypsum’s People and Products

An Up-Close Look at National Gypsum’s People and Products

I recently had the opportunity to attend a special meeting at the headquarters of National Gypsum, the second-largest gypsum-board manufacturer in the United States. While there, I and a collection of other industry pros got to learn about their Purple® line of products.   I gotta tell you, it was fascinating — who knew drywall could be so interesting?  The factory tour was amazing — thousands of square…

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

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