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Are you concerned that college tuition fees will deplete your savings? In today’s episode of PowerTips Unscripted, we have Brad Baldridge on the show to assist business owners in planning for their children’s college education without sacrificing their retirement funds. Brad discusses how owning a business can impact college finances and whether there are any...
The post How Business Owners Can Tame the High Cost of College with Brad Baldridge – [Best of PowerTips Unscripted] appeared first on PowerTips Unscripted.
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The remodeling industry is highly competitive and some may be tempted to break the rules. Although some may do it intentionally, others may start with good intentions, but over time the line between right and wrong becomes blurred. Thomas Croessmann will be joining the show to discuss the consequences of breaking the rules, which in...
The post The Fine Line: The Legal Consequences to Questionable Business Practices with Thomas Croessmann – [Best of PowerTips Unscripted] appeared first on PowerTips Unscripted.
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Accurately estimating a project is critical to profit, and one of the most challenging components of that estimate is labor. Can you estimate labor simply and accurately? Are you spending too much time estimating labor for each job? Guest Chad Vincent thinks so. Tune into this episode to hear all about his new method towards...
The post A Secret Shortcut to Estimating Labor with Chad Vincent – [Best of PowerTips Unscripted] appeared first on PowerTips Unscripted.
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When it comes to the employees who are responsible for onboarding and managing your clients, providing consistent coaching and training to your team is crucial for achieving success. One of the most effective techniques for training your team is through the ‘ride along’ or shadowing method. Although this process can be time-consuming, Jef Forward has...
The post Improve Team Performance with Virtual Ride-Alongs with Jef Forward – [Best of PowerTips Unscripted] appeared first on PowerTips Unscripted.
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Worried about a steady flow of leads? If referrals are your main source of business, a structured, reliable process for generating them is essential! Many companies claim their top leads come from referrals, yet few have a formal strategy in place. In today’s episode of PowerTips Unscripted, Doug Howard shares a proven method for building...
The post The Steady Referral System with Doug Howard – [PowerTips Unscripted] S6 E4 appeared first on PowerTips Unscripted.
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Today on PowerTips Unscripted, we’re excited to welcome Bjorn Johnson to the show! As General Manager at TraVek Remodeling and Roofing, Bjorn shares insights into the company’s journey as one of Arizona’s most trusted leaders in remodeling and roofing. Tune in to hear about TraVek’s dedication to quality, innovation, and customer satisfaction, which has cemented...
The post How to Build a Reputation That Stands the Test of Time with Bjorn Johnson – [PowerTips Unscripted] S6 E3 appeared first on PowerTips Unscripted.
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Successful organizations rely on accurate financial information to make informed decisions. But what sets great organizations apart is having a formal month-end close process in place. This ensures that financials are completed, reviewed, corrected, and ready for leaders and managers to use confidently in decision-making. In this episode of PowerTips Unscripted, Doug Howard joins us...
The post A Month-End Close You Can Actually Make Business Decisions From with Doug Howard – [PowerTips Unscripted] S6 E2 appeared first on PowerTips Unscripted.
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We’re big believers in the power of blogging to generate interest and business. Today we’re talking to someone in the trenches who’s also a believer, because it’s helped him in growing his business, gaining credibility, elevating customer loyalty, and — most importantly — generating cost-effective, exclusive leads. In this episode, Mike Foti discusses his business...
The post How to Capture Cost-Effective, Exclusive Leads by Blogging with Mike Foti – [Best of PowerTips Unscripted] appeared first on PowerTips Unscripted.
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Season 6 of PowerTips is here! Every business owner knows that the road to growth is filled with challenges—some of which can feel overwhelming. But in this episode, we’re talking to an entrepreneur who’s not only faced those obstacles but has led his business to remarkable success. Join hosts Victoria and Mark as they sit...
The post Live From Summit with Greg Harth – [PowerTips Unscripted] S6 E1 appeared first on PowerTips Unscripted.
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Victoria and Mark are just back from their own peer group meeting, and were inspired by what they learned. In particular, they were excited by something they heard from another member, Wayne Rivers. Wayne has a video blog, and we’re picking up one of his episodes about leadership. He says leaders tolerate bad behaviors in...
The post A Leader’s Inactions Are Just as Important as Actions with Wayne Rivers – [Best of PowerTips Unscripted] appeared first on PowerTips Unscripted.
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Small business owners spend a lifetime building a company and have one shot at getting their exit right. Yet waiting to pounce on this unsuspecting group is a legion of financial mercenaries, private equity predators and corporate giants set up to prey on owner’s lack of experience when it comes to mergers and acquisitions. These...
The post How to Build, Accelerate and Harvest the Value of a Company with John Warrillow – [Best of PowerTips Unscripted] appeared first on PowerTips Unscripted.
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Toyota pioneered the LEAN manufacturing system, and we know — houses aren’t cars. But neither are people, and the LEAN concept of continuous improvement is used by hospitals too. So even if remodeling isn’t brain surgery, we can learn a lot from how LEAN has been applied in healthcare. You can get some of the best help...
The post What Healthcare Can Teach Remodeling about LEAN with Liz Moisan – [Best of PowerTips Unscripted] appeared first on PowerTips Unscripted.
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The concept behind developing a customer persona is pretty simple – get to know your audience better so that you can build a more meaningful relationship with them, both as a client and a prospect. The output of that analysis is inevitable company growth and client retention. So how do firms, of all sizes, build...
The post Building Meaningful Customer Personas with Aimee Pagano – [Best of PowerTips Unscripted] appeared first on PowerTips Unscripted.
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For many, determining the compensation for an employee is nothing more than doing a quick Google search, or in our members case, maybe asking their peers what they pay for a particular position. But Tom Miller doesn’t really agree with that methodology. Instead, his company helps businesses apply the best compensation strategies that help recruit...
The post Creating Great Compensation Programs that Help Grow Your Company with Tom Miller – [Best of PowerTips Unscripted] appeared first on PowerTips Unscripted.
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In this episode, Jeff Talmadge discusses how he and his team created a point system for his design staff to spread their workload. Each designer is assigned a predetermined number of points, weighted by criteria such as permitting, scope, and complexity of the job. The team tracks points weekly and has found that designers are less...
The post Gauging Your Designers’ Workload Effectively With Jeff Talmadge – [Best of PowerTips Unscripted] appeared first on PowerTips Unscripted.
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The Cost-Plus Pricing model seems to go completely against common sense, but it’s a concept that we’re getting more questions about from our membership. One contributing factor is that consumers increasingly demand transparency when purchasing products and services — and homeowners are coming to expect it when undertaking a remodeling project. But so many remodelers...
The post How to Successfully Use Cost-Plus Pricing with Josh Baker – [Best of PowerTips Unscripted] appeared first on PowerTips Unscripted.
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In this episode, we take a closer look at the sales process. We are always looking for fresh ideas and concepts that apply specifically to remodelers and those in the building community. Our guest Jan Neiges is adamant that you should be selling to design, NOT designing to sell, and she shares how you can...
The post Selling to Design, Not Designing to Sell with Jan Neiges – [Best of PowerTips Unscripted] appeared first on PowerTips Unscripted.
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One of our core principles is that remodeling companies should make a good net profit, after paying the owners an above-average salary. When the economy’s booming, you can get away with a lot and still hit those goals, sometimes by accident. But the goal is to get those healthy net profits consistently, year after year,...
The post How to Hit Healthy Net Profits in any Economic Climate with Mike Medford Sr. – [Best of PowerTips Unscripted] appeared first on PowerTips Unscripted.
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How can designers and production staff improve their success in the remodeling industry? Guest Jeff Borovitz joins Victoria and Mark to talk about the deadly sins that get in the way of reaching your full potential. Jeff has worked and trained with many members of the Remodelers Advantage Roundtables community and brings that experience in talking about...
The post The Deadly Sins that Designers & Production Teams Commit with Jeff Borovitz – [Best of PowerTips Unscripted] appeared first on PowerTips Unscripted.
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As a seasoned business professional, you’ve probably been on both sides of the equation when it comes to giving and getting help. Get advice, give consultation. Gain a mentor, bestow some wisdom. While in these essential moments, we want to help and be helped, that doesn’t always happen. It helps to know there are differences...
The post All Help Is the Same, Isn’t it? with Allison Iantosca – [Best of PowerTips Unscripted] appeared first on PowerTips Unscripted.
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