In his "First Word" column for June's issue of REMODELING, editor-in-chief Craig Webb cites two recent cases reminding us all that, while benchmarks are vital, they also need changing from time to time.
This year’s Big50 posted average gross margins around 33% and net profits of roughly 9% for 2012. That’s the best showing for any Big50 group since 2006 and far above another popular standard benchmark.
Allison Iantosca describes the business metrics she closely watches to alert her to problems.
The average remodeler posted a 3% net profit in 2011 and took home 6% in owners' compensation, NAHB finds.
Richard Steven describes how using your production schedule as inspiration to create a sales schedule keeps clients and your company on track.
Recycled content helps these green bricks have an 84% smaller carbon footprint than traditional brick.
Companies that have taken overhead as low as it can go but are still facing price pressure can look to improved field productivity to preserve profits.
You want a customer satisfaction survey that allows you to set benchmarks for measuring your company's progress. We show you how to create one.
GEOFF GRAHAM on why business success comes from identifying whatís enduringly special about your business and focusing on it.
Tips for better cash management.
If you're looking for business principles to guide you through the new normal, food trucks offer some valuable lessons for running a lean, successful operation.
Website data can show you why people look for your website, how they find it, and what they do when they get there. And using Google Analytics can get you that information — for free.
Too much information and too much complexity can undermine the usefulness of your company "dashboard." It's best to keep it short and simple.
You can recapture lost time by improving lead quality and close rate. It’s easy, and it’s free.
RICHARD STEVEN: Mastering these management basics will set your company on a path to high performance.