Professional Partners

Printer-friendly versionSend by email

Developing and maintaining relationships with trade contractors and suppliers is a daily fact of life for remodelers.

April 01, 2003

 

"Most remodelers and builders don't need a full-time accountant any more, but they don't have someone to look at the numbers and analyze them." - Leslie C. Shiner

Developing and maintaining relationships with trade contractors and suppliers is a daily fact of life for remodelers. It's certainly no easy task, but at least it's a familiar, and therefore comfortable, one.

Making professional service providers part of your company's team can be a bigger stretch. It's one thing to hire an accountant to file taxes or an attorney for a contract dispute, but using an outside firm to assess, plan and execute business strategy requires a significant investment of time, money and trust.

The real challenge is that while it’s pretty obvious when you need to bring in a custom cabinetmaker or an asbestos contractor, office and management problems aren't always readily apparent. Business owners often come to financial consultant Leslie C. Shiner with a specific, short-term task such as setting up accounting software and then realize they need her help deciphering all the data now available to them.

 

Professional Partner Profiles
Professional Partner Profiles
Professional Partner Profiles
Professional Partner Profiles

"A lot of what the accountant used to do, the computer can do really well," says Shiner, president of Shiner Financial Services in Mill Valley, Calif. "Most remodelers and builders don't need a full-time accountant any more, but they don't have someone to look at the numbers and analyze them."

Working with remodeling clients whose firms range in size from $500,0000 to $10 million, she typically starts by implementing a detailed accounting and job-costing system that creates accurate financial statements. "Once you have that, you can really measure your productivity, do strategic planning," she says.

Some signs that it's time to look at hiring professional service partners to do work that you and your staff either can't do or can't do well:

 

 

 

 

 

  • You need a specialized skill set but can't justify the overhead of hiring a full-time employee.
  •  

     

     

     

     

  • The day-to-day is getting done, but there's no strategy.
  •  

     

     

     

     

  • Managers and owners need more training than a seminar can provide.
  •  

     

     

     

     

  • The company's board of directors or the owner's peer group helps with strategy, but you need a specialist to execute the work.
  •  

     

     

     

     

  • Biz-comm Inc., www.biz-comm.com
  • Consulting and outsourcing resources
     

     

     

     

  • Biz-comm Inc., www.biz-comm.com
  • Consulting and outsourcing resources

     

     

     

     

  • Consulting Services Network LLC, www.cjenterprises.com
  •  

     

     

     

  • Biz-comm Inc., www.biz-comm.com
  • Consulting and outsourcing resources

     

     

     

     

  • Dennis DuRoff, www.dennisduroff.com
  •  

     

     

     

  • Biz-comm Inc., www.biz-comm.com
  • Consulting and outsourcing resources

     

     

     

     

  • Friedman, Goldberg, Mintz & Kallergis LLC, www.fgmk.net
  •  

     

     

     

  • Biz-comm Inc., www.biz-comm.com
  • Consulting and outsourcing resources

     

     

     

     

  • Paychex
  •  

     

     

     

  • Biz-comm Inc., www.biz-comm.com
  • Consulting and outsourcing resources

     

     

     

     

  • Shiner Financial Services, www.shinergroup.com
  •  

     

     

     

  • Biz-comm Inc., www.biz-comm.com
  • Consulting and outsourcing resources

    Comments on: "Professional Partners"

    December 2014

    This Month in Professional Remodeler

    Products

    Created with both 3D digital print techniques and roller applications to achieve the look of ancient terra cotta, Villa Medici is a surface that pairs well with old-world inspired interiors.

    Features

    Innovations like 3-D printing, unique shapes, and large format are bringing tile to the forefront of home design

    Email Subscriptions