PowerTips | The Remodeler's Guide to Business

Posts Tagged success

Special Edition of PowerTips TV: Award Winner

We wanted to kick off 2018 PowerTips TV with a special edition Throw-back. Right before we closed up shop for the holidays, we received word that our own Mark Harari won a MarCom Gold Award for his work on the Summit Kickoff Video we presented in Minneapolis in September. According to their website, “MarCom Awards…

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Posted in: Admin & Human Resources, Marketing, PowerTips, PowerTipsTV

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And the Winner Is… How to Win Awards & What to Do If you Win

  If there is one thing the Remodeling Industry does well, it’s recognizing great work and well-run companies. You can’t open a trade magazine or visit an industry-related website without seeing some mention of an award-winning firm being recognized for something. These awards are great for your business if you can get them! Prospects are…

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Posted in: Business Management, Marketing, PowerTips, PowerTipsTV, Sales

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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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PowerTips TV Throw-back Thursday: “How a Job Autopsy Can Save Future Profits”

In our last throw-back episode of the season, we take a closer look at Slippage and how it can destroy the profit margin your team works so hard to obtain. In order to keep it from becoming a recurring problem, we cover how to perform a “Job Autopsy” or a break-down of where things went…

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

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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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Selling Without Slippage: Translate & Communicate

Selling Without Slippage: Translate & Communicate

The responsibilities of a Sales Person range significantly within a remodeling company for many reasons. Typically, a sales person is rewarded by closing the deal and setting expectations with the client. However, it is equally important to know how he or she can help reduce profit slippage by communicating the client’s project details effectively, when…

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

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BACKLOG: How to handle this wonderful curse

BACKLOG: How to handle this wonderful curse

A few days ago, a client called with a problem.  He’s trying to balance how much he can sell (wanting to sell as much as possible) with the amount his production team can produce. His primary question was, “When do I tell the prospect about my six-month backlog and still gain them as a client?”…

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Posted in: PowerTips, PowerTips Articles, Production, Sales

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