Financials

selling a division of your remodeling company to an employee can be good

Selling a division to a trusted employee like Jason DeLong (pictured here) gives peace of mind that your hard work will be in good hands.

You’re ready to sell part of your remodeling business, and an employee is interested in buying. But where do you start?

Expenditures for residential remodeling will rise 5.6% to $166.6 billion next year after a significant slowdown in 2001.

According to a published survey, construction companies ranked customer satisfaction as their primary indicator of business success.

Spending by homeowners on home improvement projects increased modestly to $102.5 billion for the four quarters ending in the first quarter of 2001.

Even in this age of electronic commerce, paper transactions still dominate the U.S. payments system.

How should the average remodeler react to the turn in the new economy? This column provides some thoughts about how to react to the changing demands of the new economy.

As the buzz about the growing boomer market and its impact on the remodeling industry intensifies, it’s important to understand the factors that drive the habits and activities of this crucial market segment.

The U.S. Census Bureau has made substantial upward revisions dating back to 1984 to its C-50 data series, Expenditures for Improvements and Repairs of Residential Properties.

Rosie Romero runs one of the most profitable and recognizable remodeling firms in Arizona, but last year a drop-off in sales revenue threatened the company's long-term plans for growth

According to the Joint Center for Housing Studies at Harvard University, homeowners spent $92.4 billion remodeling their homes during the past 12 months.

It’s not always going to be a slam dunk to close a home remodeling job, particularly in situations where a contractor quotes the cost of a home improvement project that’s a little too steep for a homeowner’s wallet.

Online tools offer advice for remodelers.

Stylemark has expanded its manufacturing operations.

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