Financials
Financials
Business financials advice, reports, and trends for professional home builders and remodelers.
Business
4 Steps to Prep Your Business for Contraction
How a remodeling company plans ahead for the worst of times (and the best of times)
Leadership
Creating a Company Fire Drill: How to Prepare for the Worst
A disastrous fire could have been a lot worse if the business wasn’t prepared for the unexpected
Women at WIRC
The Fundamentals of Growing Profitably
On this episode of Women at WIRC podcast, Nip Tuck Remodeling Owner April Bettinger shares how she plans for her company's profitable growth
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Contractors, Watch Your Cash
Seasonality, cycle time, weather, and other variables make cash flow management a challenge for home improvement contractors
Quick Notes: HELOC Uptick Expected
800,000 homeowners have a new incentive to spend on home improvement
The Industry's Inclination
Even in cases where a product has been around, the marketing has changed.
Creating a No-overtime Policy
How to implement a process for productive work hours and quality time off
Don't Take Credit Cards? You're Missing Out
In an increasingly digital society, many contractors still require cash or check from their customers. But is that the best practice for your business?
Remodeling Spending to Soften
Experts from the Joint Center for Housing Studies of Harvard University project remodeling spending to slow down but ultimately stay strong
2018 Wage & Benefits Study: Washington D.C.
We surveyed hundreds of design-build firms across nine of the country's most active remodeling markets, to finally answer the question: what is competitive pay? In Washington D.C., average pay for a carpenter is 12% too low to keep pace with cost of living.
2018 Wage & Benefits Study: San Francisco
We surveyed hundreds of design-build firms across nine of the country's most active remodeling markets, to finally answer the question: what is competitive pay? Remodelers in San Francisco are expecting to increase pay for field staff by approximately 4.5% over the next 12 months.
2018 Wage & Benefits Study: Philadelphia
We surveyed hundreds of design-build firms across nine of the country's most active remodeling markets, to finally answer the question: what is competitive pay? In Philadelphia, education didn’t translate into higher wages.