Key Business Do’s and Don’ts Shared at Remodeling Show

Filed in Business Management, Remodelers by on November 2, 2018 0 Comments

Earlier this month, remodelers from across the country gathered for the annual Remodeling Show and Deck Expo in Baltimore. Apart from the show’s numerous exhibitions where remodelers could see and learn about a variety of products and services to help their businesses, there were many free education sessions to help them further improve their businesses.

One of the featured sessions was led by Alan Hanbury, Jr., CGR, CAPS, CGP, GMR, owner of House of Hanbury Builders in Newington, Conn., and a former NAHB Remodelers chair. During his presentation, “The 10 Commandments of Remodeling,” he referred to many of the lessons he’d learned throughout several decades working as a professional remodeler.

A few of his most notable commandments included:

  • “I can’t be all things to everyone. Not everyone is my client.” Hanbury encouraged attendees to be picky about their job type and your clients. Not all clients can mesh with your personality and are worth going through a project. Choose to be choosy!
  • “I will not go at it alone.” Getting involved with national organizations, such as NAHB Remodelers, can greatly improve your network of like-minded professionals to turn to when needing advice. They are especially helpful for those just getting started in the industry and who are seeking mentors.
  • “I will plan for my success.” Making SMART goals – goals that are Specific, Measurable, Action-oriented, Realistic, and Time-Bound is a clear way to have a “living business plan.” Setting goals for your net profitability, owner’s comp, owner’s perks, etc., are all goals to have clearly defined.

Interested in learning more? Contact NAHB Remodelers at remodel@nahb.org to learn how to take advantage of free education throughout the year.

Mark your calendars and be sure to join the Remodeling Show next year in Louisville, Ky., Nov. 7-8, 2019.

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