Foundation Finance Blog
Looking for ways to grow your business? We’re here to help! Find business tips, home improvement updates, industry news and everything you need to know about home improvement financing here.
Business Tips
Grow your business with confidence with the tools, tips, and strategies catalogued here.
Financing
Everything you need to know to offer home improvement financing.
Home Improvement
Looking for customer-friendly ways to complete your next project? Look no further!
Industry News
Keep up with the latest industry news and technology.
With the tight real estate market, homeowners are looking to increase the value of their homes instead of purchasing new properties. Over 70% of homeowners stated the best way to add or increase value in their homes is by investing in home improvements. Between 2015-2017, Americans spent almost $450 billion on 113 million home improvement […]
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“Speed to lead is the ability to successfully get in contact with the person requesting information on your products or services in a short amount of time as possible.” You’d think contractors/sales reps would respond to these inquiries immediately right? Unfortunately, that’s not the case. Last week we revealed that 40% of home services companies […]
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40% of the home services companies that were surveyed NEVER responded to the request for service. You read that right. Shocking. But let’s back up. The study* surveyed 466 home services companies to test their speed to lead. In Part 1 of the series, we talked about what speed to lead is (how quickly you […]
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Foundation Finance Company was certified as a great workplace today by the independent analysts at Great Place to Work®. Foundation Finance Company earned this credential based on extensive ratings provided by its employees in anonymous surveys. This is the second consecutive year Foundation Finance Company has earned the designation. “We’re thrilled to see that for […]
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As a business owner, you invest thousands of dollars to generate leads, optimize your website, show up in Google searches and build a lead management strategy. The problem, whether you realize it or not, is that your team is not getting back to leads in a timely matter and it’s costing you business. Do you […]
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Most contractors have encountered a customer who expresses price concerns once you’ve delivered your sales presentation. While you know their expectations are unrealistic, take the time to gather information before writing them off – you may be able to turn it into a sale! Move Forward With the Project or Walk Away? Below are some […]
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As the remodeling industry continues to grow, it is important that your company is taking on your most-profitable jobs. Taking on a variety of projects when you’re starting out can help your company grow, but being strategic with your project choice can grow your bottom line. Defining Your Target Audience To define your target or […]
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American credit scores have hit their highest point since the recession – marking an 8-year streak of increases. Americans are also borrowing more than ever. Fewer consumers have a score below 550, keeping the national average high. Even the percentage of Americans with one or more collection on file has fallen to 23%. All age […]
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If you’re wondering why you aren’t making money on projects, you may need to take a look at your job cost reports. Are you quoting less hours than it took or exceeding your material quote? The closer you look at the good, bad and the ugly of a project, the better you can adjust to […]
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Sometimes the key is not working harder, but working smarter. That means concentrating on leads that will turn into jobs. It can be hard to predict but you can weed out some using this pre-qualifying system. Determine who is qualified. Choose someone in your office who is good on the phone to pre-qualify leads with […]
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