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Posts Tagged budget

Your 2017 Business Analysis: Use the Right Formula

Your 2017 Business Analysis: Use the Right Formula

As your team looks at results from 2017 and makes plans to improve in 2018, interpreting data is at the core of any well-run business analysis. You use historical data to predict your company’s future, create budgets, build marketing plans, and more. Sales close rates, customer acquisition costs, website bounce rates, the list goes on…

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Posted in: Business Management, Financial Management, Marketing, 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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The Path to Higher Profit: Strong Leaders & Good Numbers

The Path to Higher Profit: Strong Leaders & Good Numbers

After more than 30 years of working with remodelers around the country, I have encountered nearly every problem to confront a remodeling company: the dissolution of long-term partnerships, ineffective marketing tactics, sales systems that don’t produce results, unmotivated production crews, theft from overhead coffers, bankruptcy and terrible accidents on the job. On the other side,…

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

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PowerTips TV Throw-back Thursday: “How a Job Autopsy Can Save Future Profits”

In our last throw-back episode of the season, we take a closer look at Slippage and how it can destroy the profit margin your team works so hard to obtain. In order to keep it from becoming a recurring problem, we cover how to perform a “Job Autopsy” or a break-down of where things went…

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

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PowerTips TV Throw-back Thursday: “How to Tell if Your Marketing Actually Works”

As we head into the second half of 2017 we take a closer look at your Marketing efforts. A key to your success is tracking… What’s working and what isn’t… Do you know? In this week’s re-run episode of PowerTips TV we throw it back and take a closer look at how to track and…

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Posted in: Marketing, PowerTips, PowerTipsTV

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5 Ways to Reduce Slippage [Infographic / Poster]

5 Ways to Reduce Slippage [Infographic / Poster]

As we bring Slippage Awareness Month to a close we look back on some solid information provided by our team here at Remodelers Advantage. Tim Faller led us off with a blog post on The Team Approach to Preventing Slippage and an in-depth webinar, “From Slippage to Grippage: How to Raise Profits Without Raising Prices”.…

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

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The Team Approach to Preventing Slippage

The Team Approach to Preventing Slippage

Loss of revenue is a critical issue for any business, but in my experience, the biggest problem with slippage is the effect it has on morale within the company. Of course, it hits the owner of a remodeling business hard because it is money out of his/her pocket, but it effects the entire team because…

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

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