Where do you see the economy going? Are your prepared as a small business owner to weather the potential coming storms? 

Today Brett Bauma talks about the current state of the economy and what he thinks you should be focused on moving forward. Many contractor businesses have been booming with this housing market, but when will that change? Are you following the economy and markets daily?

One morning you could wake up and see that the Fed raised interest rates and the stock market plummeted. Are you ready for that? You need to be prepared in your business to handle economic downturns. Seeking ways to build diversity and explore other markets that are not as effected by economic downturns is one way to help.  One other area you need to build strength in your business is employee loyalty and building a trustworthy team that is truly a part of your company.

Listen to this current market update, and make sure to sign up for our twice weekly Market Update Newsletter which will help you stay up to date on hot topics in the economy.

On this episode of the Contractor Business Podcast we welcome Ryan Warriner. Ryan talks with us about how you can harness communication to grow your business and increase customer satisfaction.

Ryan Warriner is a Professor of Communication as well as Director and Executive Coach at Professional Presentation Services. With over a decade of professional speaking experience and expertise, Ryan has mastered the art and science of enhancing communication.

Not only has he developed a compassionate, strategic, and highly effective approach to professional communication, Ryan also believes that each speaker has the ability to systematically develop their skills and build confidence to improve both their intended message and how it is delivered.

Visit Ryan at:
www.professionalpresentationservices.com

Ryan's book can be ordered here:
The Effective Presenter: The Winning Formula for Business Presentations

Many times, business owners focus on trying to find the easiest way to increase short term margins. To do this, their initial strategy is to save on individual purchases. In the contracting world this usually develops into the practice of what we call “reverse auction”.

While spending a few hours of time comparing bids or BOMs can save you money in the short term, the actual opportunity cost of this endeavor is potentially costly.  

Learn how adopting a new purchasing method provide can grow your profits, create long-term wealth, and reduce the overall effort you put into your purchasing.

Download your free resource at ContractorBusinessPodcast.com to compare the two different setups he talks about in this episode. This resource will give you a high level view of two different purchasing setups for your business.

Christian Raab, Owner of Pinnacle Homes Wichita, joins us on this episode of the Contractor Business Podcast.  Christian, his wife, and his team at Pinnacle Homes have built an extraordinary business through humble beginnings and overcoming roadblocks and obstacles along the way.

Christian and his team have a "Customer First" mentality that has helped them excel and build a successful construction and remodel business.  Christian talks of hardships and tough decisions made early in the business, that ultimately defined him and his company.

The beginning of the journey is the hardest part, but overcoming the obstacles and continuing to grow is the path to success.

You can visit Pinnacle Homes at RemodelersWichita.com

About Christian:

Christian is the founder and owner of Pinnacle Homes. He began the company in Wichita, Kansas in January of 2012. He grew up in Pittsburg, Pennsylvania, working the summers with his neighbor, who was a contractor. He later went to school to earn his degree in business with a construction emphasis. Christian’s vision for the company has always been to provide homeowners with a great experience as they work with a professional team they can trust.

When Christian isn’t at the office, you can find him spending time with his 4  kids, woodworking, and watching the Steelers.

Looking for a way to earn more money and make a long-term impact on your life? Use your trade skills to transform properties and boost your earning potential.
 
Join us as we interview Tom Cruz, a real estate investor and investment coach, to discover how you can build side income with Real Estate and establish recurring revenue streams. Learn how you can get consistent rent payments and renter security with an untold secret - Section 8 rentals!

Subscribe in your favorite podcast app, or listen at http://contractorbusinesspodcast.com

If you would like to contact Tom Cruz, visit him at his company website section8formula.com or follow him on instagram @tcruznc.

Have you spent countless hours trying to do all of the accounting and bookkeeping yourself? Don’t wait until the last minute to get help - in crisis mode. Give yourself the tools to focus on what really matters: reaching your business goals.

Check out our podcast featuring Tanille Royston; CEO of Law Office of Tanille Royston, Attorney & HR Consultant, as we discuss recommendations on contracts, procedures, and more.

The Contractor Business Podcast Drops Friday, October 15th, 2021. Subscribe in your favorite podcast app, or listen at http://contractorbusinesspodcast.com

If you would like to contact Tanille, shoot her an email at [email protected], or give her a call (972) 979-5123.

With the way the market is today, having the lowest prices isn’t easy. So, how can you continue to grow your business, attract new customers, and establish your brand?

Tyzer Evans, sales professional and podcast host of "Grind, Sell, Elevate," has joined us to discuss different strategies to help you reach your goals and scale your business - without the lowest prices.

The Contractor Business Podcast Drops Friday, October 15th, 2021. Subscribe in your favorite podcast app, or listen at http://contractorbusinesspodcast.com/

If you would like to contact Tyzer Evens, shoot him an email at [email protected].

Check out Tyzer's Podcast "Grind, Sell, Elevate" to expand your knowledge in sales, leadership, marketing, mindset, motivation, and more!

When you learn how to properly manage your books, you give yourself the leverage to learn. You’ll get to find areas of improvement and opportunity, and you’ll leave each job with insights that others in your field forgo when they don’t have proper bookkeeping.

On October 15th, we are joined with Steve Kreitzberg; Contractor bookkeeper at Apparatus, to discuss common pitfalls contractors face when managing their bookkeeping. 

Subscribe to our Podcast at https://www.contractorbusinesspodcast.com

If you'd like to contact Steve Kreitzberg for Contractor Bookkeeping Advice, visit apparatusteam.com, or call (503) 358-4567.

The Contractor Business Podcast is your resource for digestible market information and insights. Here, we will guide contractors and service businesses through fluctuating markets with the most up-to-date commodities information, and recommendations from experts in a diverse range of fields.

The Contractor Business Podcast drops Oct. 15th, 2021.
Subscribe at https://www.contractorbusinesspodcast.com and stay tuned for your market updates and expert insights!