PowerTips | The Remodeler's Guide to Business

Posts Tagged business strategy

PowerTips Book Recommendations: October 2018

PowerTips Book Recommendations: October 2018

The cooler weather and waning daylight of Fall is creeping in, and the idea of lighting a fire and settling down with a good book (and maybe a hot toddy) is becoming more appealing. We’ve gathered reading recommendations from thought leaders in the remodeling industry — take a look at what they’ve been reading and…

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Posted in: Book Recommendations, PowerTips, PowerTips Articles

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Define Your Target Projects and Aim at Higher Profits

Define Your Target Projects and Aim at Higher Profits

The remodeling business is strong, and economists expect it to continue to grow. That’s great news, but are you taking on your most-profitable jobs? It’s easy to take a variety of projects right now, but if you’re not strategic about it, your bottom line might suffer. If you don’t know which projects make your company…

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

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It’s Halftime: Reviewing Your Company’s Mid-Year Performance

It’s Halftime: Reviewing Your Company’s Mid-Year Performance

You lead a team of remodeling-industry professionals. You all set out to make this a great year for your company — a victory — and now it’s halftime!  Take the opportunity to head back into the locker room (or your office) to review your business goals and look ahead. Will 2018 be a win? What strategies will you use in the second half to…

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

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[Podcast] Episode 24: How to Build Strong Partnerships with Architects with Kyle Lissack

One of the toughest things for remodelers and builders to do is work with architects or designers and still stay profitable. It can be done, says Kyle Lissack — but it’s a specific business model, and it doesn’t depend on bids, but on the strong partnerships. In this episode, Victoria and Mark find out how…

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Posted in: Business Management, Podcast, PowerTips, PowerTips Unscripted, Production, Sales

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A Leader Nonetheless: Finding the Right Style

A Leader Nonetheless: Finding the Right Style

Leaders aren’t all the dominant, decisive types we normally think of. I meet many types of business owners in the remodeling industry. Their leadership styles vary, but regardless of the style, successful companies need strong leaders. Recently, I worked with an owner, let’s call him Bill, to find his leadership style, and many of the issues I found are more common than you might think.  Where to…

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

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Key Roles Sales Can Play to Reduce Slippage

Key Roles Sales Can Play to Reduce Slippage

Here at Remodelers Advantage we set aside the month of June to focus on an issue that plagues most service-based businesses, but can be a critical metric in looking at the success of a remodeling firm. Last year we named June “Slippage Awareness Month” and this year you will see content submissions from our consulting,…

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Posted in: PowerTips, PowerTips Articles, Sales

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[Podcast] Episode 22: How to Make Huge Profits Without Clients with Andrew Schroeder

Many remodeling companies buy an office, rent it to themselves, and hold it — and that’s where their real estate investment stops. Andrew Schroeder, a second-generation remodeler and Remodeler’s Advantage member, takes real estate investment farther. In episode 22, Victoria and Mark talk to Andrew about how to use your remodeling experience to grow your…

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Posted in: Financial Management, Podcast, PowerTips, PowerTips Unscripted

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