Financials
Financials
Business financials advice, reports, and trends for professional home builders and remodelers.
Remodeling Spending To Tick Up Through Mid-2025
The Leading Indicator of Remodeling Activity report says things will trend up after a modest downturn
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6 Strategies to Optimize Gross Profit
Thoroughly estimating and tracking gross profits is the life blood of a business, and one remodeler shares the approach that works well for his firm
Business
Selling Your Company to Your Team
From company valuation to terms of the transfer, here’s a look at how three different remodelers made the deal work
Business
What's Beyond the Hammer?
Working with Brian Gottlieb on the book Beyond the Hammer provided a masterclass on how to build an aligned team
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Management: Good News for the Contracting Business
New home construction grew nearly 22 percent in 2014 according to the U.S. News & World Report.
Legal: Don't Sue—Negotiate
Going to court should be a last resort, unless you’re willing to play a very expensive game of cat and mouse that leaves everyone involved frustrated and further from a resolution.
5 Mistakes That Limit Business Success
As a former remodeling business owner, Shawn McCadden knows how to maximize long-term profitability.
Why Does a Faucet Hole Cost So Much?
If $150 seems like a lot for an hour's worth of work, read on to find out how countertop expert Joseph Corlett breaks down the cost.
David Lupberger: Business Exit and Transition Planning
It’s easy to look several years down the road and think business exiting and transition planning are not a priority. The common sentiment is that you can do it later. The issue I see with most remodeling contractors is they never start transition planning. As such, they are risking their biggest investment.
Remodelers Advantage: Is Your Gross Profit Where it Should Be?
The latest PowerTips TV episode answers the one question every remodeler should be asking themselves: “Is my gross profit margin where it should be?”