Have you ever thought, “I’d be making more money working as an employee for somebody else then I am as the owner of my own company?!” If so than you have profitability issues! This week I’m going to discuss the four ways to fix it. Because one of the most important guidelines to building a great business is
The Environment. Recycling. Going Green. It’s on everyone’s radar these days. But I’ll bet you never considered the benefits it could have on your business. Well, on today’s episode of PowerTips TV, I’m going to give you five reasons why going green could make a big positive impact on your company. What about you? If
Are you sure that your salespeople are focused on the right things? Do you know if they’re performing at the highest level or if there’s room for improvement? All of the savvy owners I’ve spoken to agree that results–like the number of projects sold and the revenue and gross profit generated–are the ultimate measure. But
Have you ever hired a great new employee, only to have him leave six months later? You’re not alone. According to The Society for Human Resources Management, the chances of a new hire leaving in the first 18 months can be as high as 50 percent. With the economy heating up, many remodelers are in
Cash flow can be friend or foe. I’ve seen remodelers totally stressed out by lack of cash. When cash is limited, your focus becomes robbing Peter to pay Paul instead of running an effective business. But I’m here to tell you that I’ve seen remodelers make striking comebacks by simply tweaking their contracts. In this week’s
How well are you doing at sales? Are you closing 50 percent of the leads you sit down with? 30 percent? Ten? Well, if you feel you’re not closing as many as you should be, then this episode of PowerTips TV is for you. Watch this weeks short, four minute episode (not including the outtakes) for
Are you frustrated with the limitations of a home office? Have you considered moving to a commercial space? If you’re like me, you don’t want to spend money if you don’t have to. But if staying in your home office is stunting your business’s growth, the benefits of making that additional investment will likely outweigh
Are you one of the many remodelers who are trying to hire more carpenters? Have you been frustrated because no one is applying for your position? Well, you’re not alone. It’s all over the headlines: Construction Labor in Demand. Shortage of Carpenters Affecting Remodeling Companies. Now that the economy is coming back, Carpenters are in
This week I’ll share some examples of how slippage can destroy your profits. More importantly, you’ll see how performing a thorough job autopsy can prevent future slippage. So if you’re looking for ways to increase your profits, look no further than this week’s episode of PowerTips TV and learn one very effective technique for eliminating
