PowerTips | The Remodeler's Guide to Business

Posts Tagged profit

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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[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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An Up-Close Look at National Gypsum’s People and Products

An Up-Close Look at National Gypsum’s People and Products

I recently had the opportunity to attend a special meeting at the headquarters of National Gypsum, the second-largest gypsum-board manufacturer in the United States. While there, I and a collection of other industry pros got to learn about their Purple® line of products.   I gotta tell you, it was fascinating — who knew drywall could be so interesting?  The factory tour was amazing — thousands of square…

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Posted in: Business Management, PowerTips, PowerTips Articles, Production, Technology

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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 01: How to Create a Valuable, Sellable Company with John Warrillow

For our first episode of PowerTips Unscripted, we’re thrilled to have John Warrillow as our inaugural guest. John is the author of Built to Sell: Creating a Business That Can Thrive Without You, and in this episode he shares tips on how you can build a high-value company. Even if you’re not thinking about selling…

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

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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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Judith Miller’s Top 4 Accounting Resolutions for 2018

Judith Miller’s Top 4 Accounting Resolutions for 2018

Happy New Year! Although I typically don’t make New Year’s resolutions, I want you to make some; these are all guaranteed to make your life better by improving your remodeling business and by making your financials for December more accurate. AND, even better, the numbers you enter for your Roundtables Spring Focus Packet (due February…

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Posted in: Financial Management, PowerTips, PowerTips Articles

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