PowerTips | The Remodeler's Guide to Business

Posts Tagged financial management

[Podcast] Episode 46: Onboarding the Most Vital Roles in Your Company with Jackie Shaw

Your accounting is a vital part of your business. You’ve spent valuable time hiring a new accounting staff member. Now what? Too often, owners think the new hire will be able to sit down and get to work with no introduction to processes and policies of the business. This can be a costly mistake. Accounting…

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

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[Podcast] Episode 39: How NOT to Grow Your Remodeling Business with Judith Miller

The Great Recession gobbled up a whole slew of remodeling companies, but more of them fail during an economic expansion than during a contraction. Growth is great, but it’s risky, and knowing how not to grow will put you ahead of the game. In this hot market, there are so many opportunities, you can get…

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

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[Podcast] Episode 31: How to Successfully Use Cost-Plus Pricing with Josh Baker

The Cost-Plus Pricing model seems to go completely against common sense, but it’s a concept that we’re getting more questions about from our membership. One contributing factor is that consumers increasingly demand transparency when purchasing products and services — and homeowners are coming to expect it when undertaking a remodeling project. But so many remodelers…

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

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[Podcast] Episode 30: How to Create a Financial Plan with Sacha Millstone

Business plans, marketing plans, any plan serves as a map to a goal. Your financial plan is no different. You need to set your goal, write it down, and commit to it. Our Roundtables members do this regularly for their businesses. But too many people get anxious when it comes to looking at their personal…

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

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