Financials
Financials
Business financials advice, reports, and trends for professional home builders and remodelers.
Business
4 Steps to Prep Your Business for Contraction
How a remodeling company plans ahead for the worst of times (and the best of times)
Leadership
Creating a Company Fire Drill: How to Prepare for the Worst
A disastrous fire could have been a lot worse if the business wasn’t prepared for the unexpected
Women at WIRC
The Fundamentals of Growing Profitably
On this episode of Women at WIRC podcast, Nip Tuck Remodeling Owner April Bettinger shares how she plans for her company's profitable growth
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Despite Strong Start, Remodeling Activity May Ease Later in 2014
As spending moves into the next phase, the JCHS expects to see recent double-digit growth tail off to its longer-term average in the mid-single-digit range.
After Strong First Quarter, Construction Cost Report Predicts Big Increase in U.S. Construction for 2014 and Beyond
Firm also reports that a lack of skilled labor over next eight years may be a concern.
Wolf Releases Key Buyer Index (KBI) for February 2014
Substantial jump points to continued optimism despite historically harsh winter.
Home Professionals Bullish on Business Growth, Houzz Survey Finds
Firms expect revenue growth to come from both higher average revenue per project, as well as a larger number of projects.
FMI Releases Q1-2014 Construction Outlook Report
Trends worth watching in the residential markets include more scrutiny by investors looking to buy low and sell high, or rent distressed properties left over from the recession.
February Existing-Home Sales Remain Subdued
Total existing-home sales, which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, declined 0.4 percent to a seasonally adjusted annual rate of 4.60 million in February from 4.62 million in January, and 7.1 percent below the 4.95 million-unit level in February 2013.
Residential Construction Spending Increases for Third Month
Home improvement saw a slight decrease of 0.4 percent for the month of January.
Equipment Lease Finance Industry Confidence Higher in January
In January, 55.6 percent of respondents indicate they believe their company will increase spending on business development activities during the next six months, an increase from 30.3 percent in December.
Double Digit Growth in Remodeling Spending Expected Through Mid-Year
Double-digit gains in annual home improvement spending projected for the first half of the year should moderate some to just under 10 percent by the third quarter.
New Conference for Remodeler Examines Successful Business Concepts
New program by Professional Remodeler Columnist David Lupberger brings together three impendent business models to create a unique outcome.