Competing on price is not the long-term answer for winning jobs and seeing your company thrive. Shawn McCadden describes a better way.
Times are changing. Is your profit model keeping up with the times?
Rather than expand through hiring, remodeler Stan Acton uses a spreadsheet to help him get the most out of the carpenters he already has.
A range of architectural styles, times numerous paint and stain options, plus a variety of decorative hardware, equals a garage door design the whole neighborhood will notice.
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As a remodeler, you may be doing what you love, but don't let your interest in your craft distract you from your business' financials.
The average remodeler posted a 3% net profit in 2011 and took home 6% in owners' compensation, NAHB finds.
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.
Calculate the total cost of hiring new staff before you make your move to increase the size of your team.
Victoria Downing describes the decisions that go into choosing whether and when you should add staff to your company.
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JUDITH MILLER defines and explains five key ratios that can be used to indicate your company's financial health.