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Financials

Business financials advice, reports, and trends for professional home builders and remodelers.



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Preparing for an Uncertain 2024

Here's how remodelers can prepare for unpredictable market




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EASY DOES IT IN HOME REMODELING BUSINESS

Recent consumer research by Synchrony reveals that people are streamlining their product purchasing patterns. Are you curious about what the data reveals regarding what consumers are looking for to help make their buying decision more quickly? What does this mean for the home improvement contractor?

Are Early Payment Discounts Worth It?

You bet they are. In fact, you can borrow to pay in time to get the discount and still come out ahead.

The Diderot Effect

You probably get work from past customers and referrals without really trying. Imagine what might happen if you leaned into it.

Preparing for a Softer Market

Some remodelers are having a good year, but there are storm clouds on the horizon

Is Your Company Leaking Money?

Why taking a second look at your insurance audit is worth the effort

Good to Grow

Growth in volume measures growth in transactions, but no one goes into business just to maximize transactions 

Raising Your Bar

Many remodelers underbid their projects. Here’s how to remedy that. 

Paint by Numbers

To price a painting by the square foot reduces an act of imagination and skill to paint-by-numbers. Take-it-or-leave-it pricing does the same for remodeling.

Top Florida Remodeler Acquires Top Texas Remodeler

Florida Home Improvement Associates chooses Texas remodeler Statewide Remodeling to start its national expansion

The Truth About Transparency

And 5 tips for embracing it in your own remodeling business

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