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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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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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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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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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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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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While employee compensation generally equates to money – vacation, paid time off, health insurance, vehicle allowance and so on are important factors of your new employees hiring. But does this cover all of your employee’s needs? Some other pieces of compensation haven’t been addressed and are free but priceless items you can add to their
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Stress is something that all business owners deal with. Day-to-day operations, deadlines, pressure from clients and jobsite problems can be overwhelming. Stress can cause 75-90% of all doctor’s visits, headaches, high blood pressure, heart problems, diabetes, anxiety, depression and more. Below are some tips to help you keep stress at bay. Exercise It has been
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Having children at home for the summer can affect your business’s productivity when you’re trying to juggle work and family schedules. These strategies can help you succeed not only as a business owner but as a parent over the summer break. Devise a Plan Failing to plan is planning to fail. Make time to plan
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Consumer confidence in the remodeling market is high due to great housing demand, strong home appreciation, favorable interest rates and low unemployment. This puts your remodeling business in the perfect position for growth. But are you ready? Are you ready for Growth The following criteria is a great way to test the “fitness” of your
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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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