Home Improvement Blog- Foundation Finance Company

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.

Fall Home Improvement Projects for Your Clients

September 26, 2018
Man Clearing Leaves From Guttering Of House

Winter is coming and fall projects are necessary to prepare your client’s homes for the chill. As summer jobs wind down, suggest these projects to clients to keep your fall calendar full and their homes cozy. Repair or replace your roof. Not only will it increase the energy efficiency of your client’s home, it increases […]

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Can Prospective Clients Find You?

September 17, 2018
Businessman touching the screen in the office that reads "Marketing"

New projects keep your business running, but are you easy to find by those who need you? If you are doing remodeling, you should be spending three to five percent of your total sales dollars on marketing your company. Many contractors prefer to work by referrals but not everyone who needs you will have someone […]

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How to Know When to Fire Someone

August 20, 2018
Employee holding box full of belongings

Employees make your business run. You need them and they need you. That doesn’t always mean they are permanent fixtures in your business. When you are growing a business, you need good, competent employees. More often than not there is at least one employee in a company that should not continue to be employed. Here […]

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Why Most Top Contractors Offer Financing and Why You Should Too

August 13, 2018
Man holding a model of a house in one hand and a contract in the other

One of the most common scenarios for home improvement contractors is client surprise at the cost of their desired project. The result is one of two things: reduce the project scope or break up the project into phases. Neither is a good outcome for the homeowner or the contractor. For the homeowner, it means having […]

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Contractor Complaints on the Rise

August 6, 2018
Man driving a smiley face and a frown face on a window

The home improvement industry is no stranger to consumer complaints, receiving a total of 908,595 complaints in 2017, according to consumer reports. Most of the complaints involved the quality of the work and the reliability of the contractor. Foundation Finance strives for quality experiences for both the contractor and consumer. Below are some steps we […]

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Business Best Practices from the Big50

July 30, 2018
Street sign that reads "Best Practices"

Big50 contractors specialize in a variety of niches from basements to bathrooms but one thing they all have in common is basic best business practices. Below are five basic principles for good business and how they incorporate them into their day-to-day. Be a good neighbor. Completing a remodeling project is not only an inconvenience to […]

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Review Your Company’s Mid-Year Performance

July 23, 2018
Two people working on computer

We’re halfway through 2018, which makes it a good time to review your business goals and make new ones for the second half of the year. Below are some great things to evaluate to be sure you’re on the right track. Know where you stand right now. Review your financial statements. You should be able […]

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Residential Roofing Market Anticipated Growth

July 16, 2018
Roofing Contractor installing shingles

The residential roofing marketing in North America is expected to grow to about $14.4 billion by 2023, according to BCC research. Influencers driving the growth: An increase in remodeling and renovation – more homeowners are deciding to renovate rather than move. Better awareness, from consumers and roofing contractors, of eco-friendly roofing products like clay tiles, […]

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Protect Yourself from the Heat While on the Job

July 9, 2018
Contractor taking a water break

Summer provides contracting companies with great weather to complete many outdoor jobs but it also can be really hard on workers. Excessive heat and sun exposure can be dangerous and cause sunburn, dehydration, cramps, heat exhaustion and heat stroke. Below are some great tips to make sure you and your staff are safe during hot […]

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Build the Perfect Salesperson

June 25, 2018
Business presentation to colleagues

Having the right salespeople can make or break your company. Finding the perfect combination of experience and personality is becoming more difficult in today’s market. Use the following guidelines to “build” a salesperson that is the right fit for your company. Hire candidates with drafting experience. Skills such as drafting, product selection and interior design […]

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Note: Use of the terms "Loan," "Lender" and "Borrower" is for ease of reference only. Financings are in the form of retail installment contracts ("RIC").

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