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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LLC, S-Corp or Sole Proprietor?
Tom Swartz talks to a CPA and an attorney who counsel remodelers and help them choose the best business structure for their company.
Materials Costs Skyrocket
There's no relief in sight for remodeling firms that have been hit hard by the increased cost of building materials, says economist Ken Simonson. Simonson, chief economist for the Associated General Contractors of America, said that some of the increases may level off as the housing market cools due to the highest mortgage interest rates in more than four years.
Making Weather Work
You've just completed a new addition with a beautiful pitched roof and high-end windows. After all that hard work, are you ever proud of the job. If you don't block air, manage water vapor and prevent bulk water infiltration, your proud accomplishment could turn into an embarrassing callback.
Breaking the Rules
Whether a remodeler adheres strictly to the industry's tenets or picks and chooses which remodeling rules to follow is a matter of personal prerogative. The following remodelers stick to the rules of remodeling most of the time; however, they don't hesitate to bend the occasional tenet if doing so benefits their companies.
A Taste of Energy Efficiency
Here are the five ingredients of an energy- and water-efficient kitchen, no matter its layout, size or amenities. They are all easy to find and install.
The Road to Referrals
Superior customer service is the number one way remodelers can (and should) differentiate themselves from inferior competition. In the ongoing battle for customers' trust and — ultimately — referrals, remodelers must distinguish themselves in everything from quality of materials and workmanship to the professionalism of sales personnel and work crews.
Selling Energy Efficiency
The Energy Efficient Rehab Advisor helps quantify energy savings and costs