The U.S. housing market has an estimated $20 trillion in assets. The combined value of all the companies traded on the New York Stock Exchange was $13.9 trillion as of January 2006. Last month's launch of a housing futures market, therefore, is probably long overdue. More
Contractors in New York state are required by law to place initial deposits in an escrow account. Remodeler Dett Otterbeck of Otterbeck Builders in Castleton, N.Y., says the practice works well for his company. When he receives the first payment on a project, he puts that money in an escrow account. “We don't draw on it until we offset it with the first receipts,” he says. More
There's no mandatory size past which you must have a controller, but a good time to consider hiring one is when you hit about $1.5 million in sales, suggests Steve Ramaekers, of Mainstreet Restorations & Remodeling. More
We asked some Big50 remodelers which one number helped them most to gauge their company's health. More
Direct mail is the strongest weapon in many remodelers' marketing arsenals. But no postcard or newsletter is worth the paper it's printed on unless it reaches the right people. “The most important thing in any direct mail campaign is the list,” says David Alpert of Continuum Marketing Group. More
Retirement is changing. Because we're living longer, healthier lives, we require... More
The remodeling industry enjoyed another outstanding quarter according to the... More
As a financial instructor at the Certified Contractor's Network's conferences, remodeler Tom Capizzi has worked with more than 30 companies to improve their bottom line. More
Most estimators assume that eight hours on the jobsite are eight productive hours. With no job costing, you'll never discover how misguided that assumption is. More
