Business Management

Maximizing Remodeler Profits

Maximizing Remodeler Profits

Time is money.

This was the overriding message delivered by Rob Baugher, a remodeler with 44 years of experience and owner of Baugher Inc. based in Birmingham, Ala., during an International Builders’ Show seminar in Orlando, Fla. earlier this month.

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Remodeler Shares Keys to Greater Profits

Filed in Awards, Business Management, Remodelers by on January 24, 2017 0 Comments
Remodeler Shares Keys to Greater Profits

A slow-and-steady approach toward quality can help a business win the race for revenue. According to Aaron Marvin, owner and co-founder of A.C.T. Builders in Vancouver, Wash., developing that kind of strategy throughout his career has helped his company build steady revenue at greater profitability. It’s also a large reason why Marvin has been selected as the NAHB Remodeler of the Month for January.

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4 Steps to Ensure Your Firm’s Labor Needs are Met

4 Steps to Ensure Your Firm’s Labor Needs are Met

Many markets across the nation are grappling with chronic labor shortages. At an International Builders’ Show seminar in Orlando earlier this month, Brian Hall, vice president of construction at Charlotte, N.C.-based Classica Homes, outlined four steps his firm has taken to ensure it is the “builder of choice” in its local market.

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Communication and Planning Key to Customer Satisfaction

Communication and Planning Key to Customer Satisfaction

To provide the best possible building experience for your customers, open communication and planning are the best strategies to reduce conflict, manage expectations, eliminate costly errors and gain trust.

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Buyers Prefer Amenities Over Size in New Homes, Survey Shows

Buyers Prefer Amenities Over Size in New Homes, Survey Shows

The average size of newly built homes decreased in 2016 – a sign that the home building industry is preparing for the coming wave of first-time buyers as Millennials begin to dip their toes into the market, according to research and survey results released today by NAHB.

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Remodeling Market Might Ease Off the Gas

Filed in Business Management, Economics, Remodelers by on January 10, 2017 0 Comments
Remodeling Market Might Ease Off the Gas

Now that spending is back up and consumers are increasingly interested in buying new (or new-er) homes, remodeling expenditures are likely to grow at a more gradual pace than in recent years, according to NAHB economists. That means remodelers will have to identify new ways to maintain their share of the market.

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Be the Best Site Supervisor

Be the Best Site Supervisor

HBI’s Residential Construction Superintendent (RCS) courses are one way that promising site superintendents further their careers in the home building industry. More than 9,000 people have taken RCS courses and 1,350 have earned the RCS designation. This year, the RCS classes are coming back to the NAHB International Builders’ Show in Orlando. But you’ll need […]

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NAHB Testifies Before ITC on Softwood Lumber

Filed in Business Management, Construction Industry by on December 16, 2016 3 Comments
NAHB Testifies Before ITC on Softwood Lumber

Former NAHB Chairman and Florida builder Barry Rutenberg testified today before the U.S. International Trade Commission (ITC) to encourage commissioners to take into account builders’ preferences for Spruce Pine Fir (SPF) lumber over Southern Yellow Pine (SYP) in certain structural lumber applications as the ITC investigates whether Canada is subsidizing its exports into the United States. […]

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5 Negotiating Tips for Construction Loan Financing

Filed in Business Management by on December 13, 2016 0 Comments
5 Negotiating Tips for Construction Loan Financing

Approaching lenders for financing can be stressful. Here are five useful tips to keep in mind that may help make it a little easier.

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Employers Face Earlier W-2 Deadlines, Higher Fines in 2017

Filed in Business Management, Economics by on December 12, 2016 0 Comments
Employers Face Earlier W-2 Deadlines, Higher Fines in 2017

As tax season approaches, it’s a good idea to keep two big payroll tax filing changes in mind: Jan. 31 is the new payroll tax filing date for 2016 W-2s and 1099 forms — a month earlier than the former filing date. The IRS has increased the penalties for: Filing to file the correct forms […]

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