This table summarizes both company and personal income and expense data. The “Total” column in the three bottom rows displays critical information about
the viability of the business and it’s ability to support the owner’s personal living expenses. Debt-to-income ratio should be no higher than 36%. Disposable income can be reduced by the amount shown and still cover expenses. Cash sufficiency shows for how many months expenses can be covered if income does not increase.

Business Stress Test

How much more of this can you take? Use this analysis to find out.

Before you borrow any more money, take a hard look at the truth of your situation. Use this worksheet to help you.

 

2007 Business Benchmarking Survey

How do remodelers measure their companies' financial performance? A relative few belong to peer groups that allow them to compare their numbers to those of similarly situated companies around the country. Others have more informal relationships with colleagues who trade information over a phone call, lunch, or a beer at a local watering hole. But the great majority can only compare themselves to, well, themselves, evaluating current financial performance relative to performance in previous years.

 

Benchmark Performance Against Specific Goals For Your Company

How much volume should your project leads produce? I'm always reluctant to give a general answer because of the endless variables within...

Small Changes in Sales and Expenses Lead to Big Boost in Profit

Incremental adjustments in critical financial benchmarks are less disruptive than drastic changes — and often more effective.

 

Last Word: Benchmark

  • Right-Size Your Company

    Plan for 2010 using realistic targets for volume, gross profit, and owner compensation.

     
  • Measuring the Future

    The recession has "reset" the economy. Does that mean a step back or a step forward for your remodeling business?

     
  • The Comfort of Cash

    When credit is tight, it pays to have cash on hand. The question is, how much?

     

Benchmarks