Change is the key to business if you want better results, happier clients, and increased profits. But have you ever tried to make a change in the way you do business, only to have your employees ignore the new procedure? Or worse, sabotage it? It’s not uncommon. Just because you may understand the need for
If your construction business is willing to pay upfront for long-term gains, buying in bulk could be a viable strategy—so long as you have a plan. High volume purchases are most advantageous to contractors with multiple ongoing projects that have the same product requirements, says Michael Bellaman, president-CEO of Associated Builders and Contractors Inc. “If
How well are you doing at sales? Are you closing 50 percent of the leads you sit down with? 30 percent? Ten? Well, if you feel you’re not closing as many as you should be, then this episode of PowerTips TV is for you. Watch this weeks short, four minute episode (not including the outtakes) for
Are you frustrated with the limitations of a home office? Have you considered moving to a commercial space? If you’re like me, you don’t want to spend money if you don’t have to. But if staying in your home office is stunting your business’s growth, the benefits of making that additional investment will likely outweigh
With the year coming to a close, your marketing plan for the coming year should be well underway. But as I speak with remodelers about their plans for the future, most just start rattling off a list of tactics that they plan to implement. When I rephrase the question to ask about their objectives and
Are you one of the many remodelers who are trying to hire more carpenters? Have you been frustrated because no one is applying for your position? Well, you’re not alone. It’s all over the headlines: Construction Labor in Demand. Shortage of Carpenters Affecting Remodeling Companies. Now that the economy is coming back, Carpenters are in
This week I’ll share some examples of how slippage can destroy your profits. More importantly, you’ll see how performing a thorough job autopsy can prevent future slippage. So if you’re looking for ways to increase your profits, look no further than this week’s episode of PowerTips TV and learn one very effective technique for eliminating
Parking lots, traffic lights, scribes and soapboxes. Do you know what these four things have in common? If you didn’t say “meetings” then this is a must-see episode of PowerTips TV! Whether you have two employees or 200, meetings are a must-do component to operating a successful remodeling company. But it takes more than just
Do you know what what kinds of projects deliver the most profit to your company . . . and do so on a consistent basis . . . and do so with the least amount of headaches? You should, because this is exactly the kind of project you want to repeat over and over and over again. This project takes full advantage of your
Will Hummel of Ferguson was sitting in on one of the Remodelers Advantage Roundtables™ Meetings that I ran this spring. At some point in the meeting Will said that what you want as a business person is a quick “yes” or a fast “no”. What you did not want was a slow “maybe.” Think about
