Ep.75: Cash Flow: The Silent Killer
It’s incredibly busy in the remodeling world at the moment — leads are pouring in, proposals are flying out, and jobs are being scheduled like crazy. We’re seeing businesses with 30 percent growth, year over year. Yet there’s a silent killer lurking beneath all the fevered growth: insufficient cash flow. In this episode, Mark’s flying […]
Ep.50: LIVE from the Extreme Business Makeover in Baltimore
For our 50th episode, we gathered a panel of industry experts and took questions from the audience at the Extreme Business Makeover in Baltimore at the the end of January 2019. It capped off an intense two days of learning, sharing, and networking among the remodelers attending and our Remodelers Advantage team. In this episode, […]
Ep.48: How to Hit Healthy Net Profits in any Economic Climate with Mike Medford Sr.
One of our core principles is that remodeling companies should make a good net profit, after paying the owners an above-average salary. When the economy’s booming, you can get away with a lot and still hit those goals, sometimes by accident. But the goal is to get those healthy net profits consistently, year after year, […]
Ep.39: How NOT to Grow Your Remodeling Business with Judith Miller
The Great Recession gobbled up a whole slew of remodeling companies, but more of them fail during an economic expansion than during a contraction. Growth is great, but it’s risky, and knowing how not to grow will put you ahead of the game. In this hot market, there are so many opportunities, you can get […]
Ep.32: Industry Insights with Rick Strachan
If you’re curious as to where the remodeling industry is going and the key opportunities for the future, Rick Strachan of Hanley Wood has your answers. In this episode, Rick breaks it all down with Victoria and Mark, telling you what will drive growth, and how to face the coming challenges. You’ll get the big […]
Ep.31: How to Successfully Use Cost-Plus Pricing with Josh Baker
The Cost-Plus Pricing model seems to go completely against common sense, but it’s a concept that we’re getting more questions about from our membership. One contributing factor is that consumers increasingly demand transparency when purchasing products and services — and homeowners are coming to expect it when undertaking a remodeling project. But so many remodelers […]
Ep.30: How to Create a Financial Plan with Sacha Millstone
Business plans, marketing plans, any plan serves as a map to a goal. Your financial plan is no different. You need to set your goal, write it down, and commit to it. Our Roundtables members do this regularly for their businesses. But too many people get anxious when it comes to looking at their personal […]