PowerTips | The Remodeler's Guide to Business

Posts Tagged company vision

Paul Winans: Take Stock to Make More Money

Paul Winans: Take Stock to Make More Money

As we head into a new year, this is always a hectic time for remodeling businesses everywhere. Deadline-driven projects for anxious clients need to be completed. Your subcontractors and vendors are very busy. Many of your employees probably are getting back to work after a long holiday break. Before we get too far into the…

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

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How To Build An Org Chart For Today And Tomorrow

  Many of our Remodelers Advantage members have built their companies up over a period of time, often starting with 1-2 employees and adding team members as the company grows from year to year. Production, Sales, Estimating, Support… The next thing you know you have 10, 15, 20 employees or maybe more. In this episode…

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

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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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For Sale: 5 Effective Ways to Increase Your Company’s Valuation

For Sale: 5 Effective Ways to Increase Your Company’s Valuation

Recently there’s been much discussion among our members about selling their remodeling business, or perhaps handing the business over to a 2nd or 3rd generation family member. These discussions are typically driven by a company’s founder or current owner who is nearing retirement age and wants to take advantage of the value they’ve built up…

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

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PowerTips TV Throw-back Thursday: “5 Mistakes Most Family Businesses Make”

We have many Remodelers Advantage members and alumni who are part of a thriving family business. Working with family can be both a fulfilling and frustrating experience not only for family members, but for your employees and clients as well. In today’s throw-back episode of PowerTips TV we take a closer look at five mistakes…

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

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Is Your Company Disaster-proof?

Is Your Company Disaster-proof?

For business owners, the tragic events unfolding before us in Texas prove the critical importance of having a disaster recovery plan. Ask yourself, “How would my business survive such a catastrophe? How would we continue to operate?” According to the Federal Emergency Management Agency (FEMA), 40% of businesses do not reopen after a disaster, and…

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

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