PowerTips | The Remodeler's Guide to Business

Posts Tagged business growth

JCHS Lists Top Remodeling Metro Markets: How Does Yours Stack Up?

JCHS Lists Top Remodeling Metro Markets: How Does Yours Stack Up?

The Joint Center for Housing Studies of Harvard University crunched the numbers on remodeling spending and identified the top metropolitan markets in the country. The top three metro aren’t that surprising — New York City, Los Angeles, and Chicago — but there are hotbeds of home improvement spending from less-expected places. The second tier includes…

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Posted in: Business Management, PowerTips, PowerTips Articles

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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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[Podcast] Episode 63: How To Fire Up Your Referral Engine with Tanya Bamford

Research proves referred clients cost less to acquire, are easier to close, and are more valuable to your business over time. So why don’t more companies ask for them? In this episode, Tanya Bamford joins Victoria and Mark to share ways to help you fire up your referral engine, and get more business without spinning…

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Posted in: Marketing, PowerTips, PowerTips Unscripted, Sales

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4 Steps To Better Job Scheduling

4 Steps To Better Job Scheduling

It’s a busy time in the remodeling industry, and more of your job leads are bouncing around multiple jobs — whether they’re Lead Carpenters or Project Managers. There are a lot of companies out there where leads are working on three to four jobs at a time, but are struggling to keep all the balls…

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

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[Podcast] Episode 61: How I Revamped My Design Process with Chris Fox

Systems and processes rarely scale when your business grows. So you have to go back and create new ones that will — at least for now. Your design process is no different. When hiring a new or additional designer, it may be time to revamp your process in preparation for that new team member. In…

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

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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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[Podcast] Episode 52: Changing of the Guard: The Unfortunate Side Effect of Growth

Most entrepreneurs want to build a bigger company, but understand that many of their existing processes don’t scale. You go back to the drawing board and make some changes. But the sad truth is that it’s not just systems, but people, who fall behind, dragging the business with them. In this episode, Mark’s flying solo,…

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Posted in: Admin & Human Resources, Business Management, Podcast, PowerTips, PowerTips Unscripted

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