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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Remodeler's Exchange: Make the Most of the Stimulus
The tax credits for energy-efficient remodels included in the recent stimulus package are getting a lot of attention. We talked to two remodelers who are using the credits to boost their businesses.
Trade Secrets: Using tax credits to market your remodeling firm
Here are a few examples of how remodeling firms are using green tax credits to market their firms and satisfy customers
Remodeling/Restoring a Vacation Cottage
Referrals are important for any remodeler, but for Pete Olson they hold special weight. Why? Because 80 percent of his clients don't live in or anywhere near town, so they rely heavily on any recommendations they can get their hands on. Olson's company, PJ Builders, remodels and builds in the greater Park City, Utah, area.
How do you Start a Business Plan?
How do you create a business plan that makes a difference in the day-to-day operation of a remodeling company?
The Ins and Outs of Insulation
Your clients may not see insulation, but they sure feel it. In this age of energy efficiency, more customers are demanding better insulated homes. Heating and cooling costs comprise more than 50 percent of the energy consumed in a single-family home. Adding the recommended levels of insulation will save energy, reduce utility costs and improve comfort.
Products and Technologies to Speed Up the Remodeling Process
Speed your next remodel with 6 proven technologies from the PATH Concept Home that result in faster installation of plumbing, floors, switches and egress systems. Some of these technologies will also enhance the beauty and environmental performance of your project and may cost less to install.
The Payment Schedule
The topic for this month's discussion may seem elementary but actually is much more complex: what's the best way to get paid for your remodeling services? Our participants, Lynne and Jeff, give some valuable insight as to how they manage their payment schedule. Tom: Jeff, I'm going to start with you.
PATH Report: Ageless Designs
Connect these dots: Aging-in-place remodeling is the fastest growing segment of the residential remodeling industry. About 20 percent of the U.S. population will be elderly by 2030, and in 50 years, the percentage of retirees will more than double, according to Harvard University's Joint Center for Housing Studies.
Breaking Away
As Rick Pratt sat in an auditorium for his daughter's graduation from Syracuse University in May 2005, strains of pomp and circumstance filling the room with inspiration and hope, he had an epiphany. If he sold his business, Classic Homeworks, which he had spent 20 years growing into one of metropolitan Denver's most successful design/build firms, he wouldn't be giving up on anything.