Tag Archives: business owners

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 […]

Successful Team Building Starts at the Top

Almost every organization, at one time or another, talks about their workforce as a team. It sounds friendlier, and puts less emphasis on differences in roles and jobs. But not every company works as a team, getting better results, and lessening friction. It’s more than a feel-good term, and if your remodeling company isn’t running […]

The Good and Bad of BYOD, and Why You Need a Policy

BYOD, or Bring Your Own Device, is common in small- to medium-sized organization like remodeling companies. Your employees use their own phones, tablets, and sometimes laptops in their business operations. A CBS MoneyWatch survey says more than 67% of workers use one or more of their own devices at work, and that doesn’t seem to […]

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 […]

4 Key Pieces to a Better Remodeling Project Handoff

Many remodeling companies do a handoff process shortly before a project starts. If you don’t, here are the basics. Sales, Design and Production meet to go over the job. The purpose is to get the Production staff acquainted with the job and free up Sales and Design to focus on more sales. The meeting can […]

PowerTips Book Recommendations: February 2019

Every week we ask our PowerTips Unscripted guests to name their favorite business book, and the choices can be surprising — either because they’re new to us or because they’re old favorites that are worth reading again.    Mike Medford Sr., Medford Design Build The Power of Positive Thinking, by Norman Vincent Peale Mike’s pick […]

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 […]

Checking the Economic Forecast for Remodelers in 2019

The remodeling industry is enjoying a business boom and tremendous growth. But there are few warning signs that your roll may slow some in 2019, and there are factors to take into account as you work your business plan this year. Rising prices will complicate the continued growth of the remodeling market — analysts say […]

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