Steve Farrell

Steve Farrell's Posts

Keeping up with rising disposal costs Keeping up with rising disposal costs

Recently, Jeff Rainey noticed that the price of the 20-yard containers his company uses for construction debris had risen again, this time to about $425 per drop-off and pull. Read more

Posted on:
Handling the company's books

Who handles daily updates of the books at your company and why? Read more

Posted on:
Assigning production manager costs

Last fall we began collecting data for our Cost of Doing Business Report, which will appear in our March issue. The NAHB research team collected the data but found that they had to spend a lot of time on follow-up calls to clarify the methods companies used to calculate common financial benchmarks. This is a problem that plagues this column, too, because remodelers can't seem to agree on a common definition and shared formulas for critical financial measurements. Read more

Posted on:
Employees at The Farrell Co. have a big incentive to stay put.

Steve Farrell, president of The Farrell Co., Los Altos, Calif., pays his field crew a lower-than-average base salary, and they like it. That's because he then hands out yearly bonuses ó big ones. Last year he distributed one that more than doubled one employee's salary. Read more

Posted on:
Close X