Financials

Many remodelers use outdated and ineffective methods of forecasting business. Knowing which numbers to track is a crucial part of managing your company.

How to grow remodeling business past 1 million dollars

Flickr/Ken Teegardin

Planning your business’s growth is like planning for a remodeling project

The Leading Indicator of Remodeling Activity indicates slowing growth in 2015

Courtesy of the Joint Center for Housing Studies

Analysts attribute the projected deflation to weakening home sales last year.

Photo: morgueFILE

There’s still time to squeeze in some tax perks for your business before 2015 hits.

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“If a business is not growing it is dying,” says Mark Richardson. 

Photo: morgueFILE

There are a few situations when an employee’s commute may be eligible for overtime pay.

Photo: morgueFILE

New home construction grew nearly 22 percent in 2014 according to the U.S. News & World Report

Photo: Creative Commons

Going to court should be a last resort, unless you’re willing to play a very expensive game of cat and mouse that leaves everyone involved frustrated and further from a resolution.

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As a former remodeling business owner, Shawn McCadden knows how to maximize long-term profitability.

Photo: Flickr

If $150 seems like a lot for an hour's worth of work, read on to find out how countertop expert Joseph Corlett breaks down the cost.

David Lupberger: Business Exit and Transition Planning

David Lupberger

It’s easy to look several years down the road and think business exiting and transition planning are not a priority. The common sentiment is that you can do it later. The issue I see with most remodeling contractors is they never start transition planning. As such, they are risking their biggest investment.

Remodelers Advantage: Is Your Gross Profit Where it Should Be?

The latest PowerTips TV episode answers the one question every remodeler should be asking themselves: “Is my gross profit margin where it should be?”

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