Describing the impetus for her company's Pipeline Report, Debra Moore, owner of Custom Design/Build, in Ann Arbor, Mich., says, “What I wanted was something that provided a quick snapshot of our cash flow and upcoming jobs.” More
Times are tough and we're going to hell in a hand-basket. Think that's true? The media seems to. And so might your customers. More
Over the years I have become a bit of a remodeling evangelist, speaking every chance I get not only to the industry but also to consumers. This self-appointed role is good for my ego, but my primary motivation is to fill the information void and correct misconceptions, as well as a genuine desire to help keep homeowners out of trouble and have a more successful remodeling experience. More
John Hanson says he doesn't necessarily ascribe Hanson General Contracting's recent cash flow problems to an economic slowdown, but it's a decent bet that the two are related. More
This year marks the 20th anniversary of REMODELING's Cost vs. Value Report. It began as a way to help our readers answer two important questions on the minds of most remodeling customers: How much will my project cost, and will I get most of my money back if I have to sell? More
Bonuses are a pleasure to give when they improve profitability and productivity. Develop guidelines for when and how you'll distribute bonuses, but be flexible to account for variables such as weather, and to encourage team-work on all jobs, not just those that are clear moneymakers. More
Although being in a hot housing market sounds like a winning proposition for remodelers, the truth is that there are some downfalls. More
Not for everyone, in-house financing requires lots of cash, nerves of steel, and the ability to evaluate risk. More
The second-quarter report of the House Price Index (HPI) reveals another sign of a... More
Pat Raftery realized long ago the importance of tracking his cash flow. One instance of not having enough money in your bank account to pay all of your bills is enough to realize that you need to keep a handle on it. More