2007 Business Benchmarking Survey

How do remodelers measure their companies' financial performance? A relative few belong to peer groups that allow them to compare their numbers to those of similarly situated companies around the country. Others have more informal relationships with colleagues who trade information over a phone call, lunch, or a beer at a local watering hole. But the great majority can only compare themselves to, well, themselves, evaluating current financial performance relative to performance in previous years.

 

Tim Faller: Better Benchmarks

How much volume should your project leads produce? I'm always reluctant to give a general answer because of the endless variables within...

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Power of One

Incremental adjustments in critical financial benchmarks are less disruptive than drastic changes — and often more effective.

 

Last Word: Benchmark

  • Cutting Costs

    By now your 2009 budget should be nearly complete — how does it look? Are you making the money you, as owner, need to make?

     
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    Budget for Profit

    Don’t wait for profit to happen — start planning for it now.

     
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    Dependable Dashboard

    I know, you know, he knows, she knows, we know, they know: The market is tough! The remodeling industry has been flying high for quite a...

     

Benchmarks

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    Fine Print

    Most people reading the Cost vs. Value Report skip the fine print and go right to the data, leading to questions and misunderstandings...

     
  • Q+A: 2009 Budget Planning

    Which expenses do you expect to change most from 2008, and how will you offset them?

     
  • Production Metrics for Peak Performance

    Business metrics provide objective data for making decisions that help you achieve your business goals.