Shawn McCadden founded, operated, and sold a successful design/build remodeling business. A co-founder of the Residential Design/Build Institute and former director of education for a national K&B remodeling franchise, Shawn frequently speaks at industry events and consults with remodeling companies. shawnm@charter.net.
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Slow is the new normal, and ignorance is not bliss. Thoughts on staying competitive in a difficult remodeling climate.
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Remodeling consultant Shawn McCadden outlines the key psychological advantage that helped his company emerge stronger from the last major remodeling recession.
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Being "too busy to plan" and map out strategies to rework structural shortcomings within your business will see you paying the consequences for a long time to come.
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Replace the “we’ll see what happens” philosophy with a more aggressive and planned approach to estimating. Don’t let your pride, or haste, get in the way of your profit goals.
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Since selling my remodeling business in 2004, I’ve been asked by many remodelers for insights into how they might sell their own companies. There’s no one-size-fits-all answer. Each business is unique and each prospective buyer is looking for unique characteristics.
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What’s your niche? When I ask remodelers this question, most name an ideal type of project, such as kitchens, historic renovations, or windows.
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Working with a remodeler client recently, I thought his business looked pretty good until we got to the financials. QuickBooks reports revealed that he had lost more than $60,000 the previous year. He was stunned. Worse, he had already sold a significant amount of work for the current year...
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Commentary: Green Your Own Planet First
Remodelers can't escape the pressure to build green. It's a no-brainer that using natural and renewable materials and being better stewards of natural resources will reduce our impact on the environment and prove more cost-effective in the long run.
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Remodelers can't escape the pressure to build green. It's a no-brainer that using natural and renewable materials and being better stewards of natural resources will reduce our impact on the environment and prove more cost-effective in the long run.
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Most remodelers are control freaks. As a recovering remodeler, I hope I can say that without getting into trouble. When money gets tight, these remodelers tend to intensify their grip. Their employees feel that squeeze, and it doesn't feel good.