Foundation Finance Blog
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Imagine installing an HVAC unit or replacing a window with no tools. Or gutting out a kitchen for a full remodel…using just your hands. The project would have to be abandoned or shrunk down to a manageable scope. Now imagine a customer with no financing options. The same concept applies: no financing means abandoning the […]
We’ve heard from several home improvement contractors (many posting their woes on Twitter), who are spending a LOT of time writing project quotes but getting a low percentage of commitments in return. It’s frustrating to spend so much time upfront trying to capture the sale and, in the end, losing it. Is there a more […]
June 2021 was just declared “National Homeownership Month” by the president of the U.S. to “recognize the enduring value of homeownership and to recommit to helping more Americans realize that dream.” Further, in the official proclamation, the president states: “A home is more than four walls and a roof; it is a place where we […]
We’re halfway through 2021, yet it seems like January was just last week. With so much focus on coronavirus immunizations and the world opening back up, time seemed to skip by. There’s no time like the present to do a quick check-in to ensure you’re on track for the best home improvement sales season ever! […]
It happens in baseball…and it’s happening in the home improvement business, too. Hitting that sweet spot and making the home run. What’s the sweet spot in home improvement? Financing! Offering financing not only increases sales conversion, it increases average project size by 15%, notes a study by bigcommerce.com. Closing sales, bigger projects…those are home runs […]
As a home improvement business, have you focused at all on the customer reviews you receive (or don’t receive) online? Online reviews can literally bring a customer to your door or close an online sale. If you’re not building your customer reviews, you’re not building your business. Customers, clients and business partners can leave reviews […]
The urge to impress is an uncapped human trait…especially if you’re a homeowner in a competitive neighborhood. Holiday light displays aside, one in five homeowners admits to doing a home improvement project just to one-up the neighbors. And one in four homeowners added or refurbished a deck with the intent to impress someone. A recent […]
With more than 8,000 home improvement dealers in our nationwide network knocking out one upgrade after another, Foundation Finance has a pretty good read on popular home improvement activity. Interiors are getting valuable renovations and home exteriors are getting much wanted facelifts. Here’s what we’re seeing, in order of top activity, from dealers in our […]
After a year of unprecedented time stuck at home, homeowners don’t want to wait any longer for a remodeling upgrade. They want now what they’ve been dreaming about for the past year. And the combination of impatience and a need for change is creating renewed opportunities for home improvement contractors. The best part of this […]
It’s spring! With the warmer temps, homeowners are bursting out of their front doors and embracing a new season of outdoor activity. That’s when they realize their deck didn’t fair well over the winter and the grill is falling apart. When their families start visiting again, there’s no room for all of them to fit […]
