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 Ep.31: How to Successfully Use Cost-Plus Pricing with Josh Baker appeared first on PowerTips Unscripted.

Business plans, marketing plans, any plan serves as a map to a goal. Your financial plan is no different. You need to set your goal, write it down, and commit to it. Our Roundtables members do this regularly for their businesses. But too many people get anxious when it comes to looking at their personal […]

The post Ep.30: How to Create a Financial Plan with Sacha Millstone appeared first on PowerTips Unscripted.

Success in the remodeling industry is all by the book for Jeremy Martin. That goes for the 50 books he reads per year, and the systems and business processes he institutes and uses at his company. And most importantly, those two factors culminate in “The Book” — the three-ring binder filled with details and documentation […]

The post Ep.29: How to Build an Award-Winning Company with Jeremy Martin appeared first on PowerTips Unscripted.

Technology is critical to boosting efficiency and ensuring scalability for remodelers and builders, but tech isn’t the answer to everything. It’s hard to know where to start, and what problems tech can solve for you. Too often, you purchase an expensive program, people don’t use it, and it gets shelved. In this episode, Victoria and Mark […]

The post Ep.28: The Dos and Don’ts of Implementing Technology with Donny Wyatt appeared first on PowerTips Unscripted.

Growing your company requires thinking big, developing innovative strategies, and taking risks. If you do it right, the results can be huge. Todd Jackson did it right, and quadrupled his revenue. In this episode, Victoria and Mark talk to Todd about how he achieved that success, and the details and work behind the big numbers. […]

The post Ep.27: How I Quadrupled My Revenue with Todd Jackson appeared first on PowerTips Unscripted.

With so many new media and communication outlets, it’s hard to know what channels to use for your own marketing. But that also means there are opportunities — and getting your message out to an audience is easier than ever. Taking the plunge into media can change your business. In Episode 26, Victoria and Mark […]

The post Ep.26: How the Media Business Can Transform Your Remodeling Company with James Carey appeared first on PowerTips Unscripted.

The thought of showing your financials to your employees may be unsettling. We’ve known remodelers who are so leery of sharing their numbers, their field crews don’t even know their project budgets. But it doesn’t have to be that way, says Ken Kirsch, a proponent and practitioner of Open Book Management. In this episode, Ken […]

The post Ep.25: Open Book Management with Ken Kirsch appeared first on PowerTips Unscripted.

One of the toughest things for remodelers and builders to do is work with architects or designers and still stay profitable. It can be done, says Kyle Lissack — but it’s a specific business model, and it doesn’t depend on bids, but on the strong partnerships. In this episode, Victoria and Mark find out how […]

The post Ep.24: How to Build Strong Partnerships with Architects with Kyle Lissack appeared first on PowerTips Unscripted.

As a business owner, it seems like you manage everyone — your staff, your crews, your kids, your pets. But if you — and especially your designers — aren’t managing your customers, says Chip Doyle, you’re wasting time and losing out on potential profits. In this episode, Victoria, Mark and Chip discuss how to break […]

The post Ep. 23: Managing Your Customers with Chip Doyle appeared first on PowerTips Unscripted.

Many remodeling companies buy an office, rent it to themselves, and hold it — and that’s where their real estate investment stops. Andrew Schroeder, a second-generation remodeler and Remodeler’s Advantage member, takes real estate investment farther. In episode 22, Victoria and Mark talk to Andrew about how to use your remodeling experience to grow your […]

The post Ep. 22: How to Make Huge Profits Without Clients with Andrew Schroeder appeared first on PowerTips Unscripted.