The 3 million dollar road Part 3: Beyond your first millionby Mike Draper
In the last issue of Canadian Contractor Magazine we took a look at how important cash flow is for a $300,000 business growing to $1 million. The following is the third in a four-part series that will take you on the road to a $3-million business.
The 3 million dollar road Part 4: $3 million and beyondby Mike Draper
Before growing from $2 million per year to $3 million and beyond, a contractor needs to make sure his business is running at a very profitable level.
To profit, specializeby Robert Koci
you need to do one thing well
By Steve Greer
Illegal immigrants in construction need a breakby Robert Koci
The underground gets worse when you don’t let good, experienced trades from other countries work here legally.
The right priceby Adam
There is a right price, and you need to charge it.
Need more sales? Act like it!by Mike Draper
Over 75 per cent of our clients tell us they want more sales. What we show them is how to improve their customer’s overall experience in such a way that they get more referrals and repeat business from previous customers.…
What Your Parents Never Taught You About Businessby Victoria Downing
Having worked in and around renovating and renovators for 20 years, there are some important truths I have gleaned about this wild and wooley business. They aren’t neat and they aren’t obvious but they are true. 1. Running a…
Greek Lessonby Robert Koci
I find it strange. When it comes to the finances of your reno business and your personal life, everyone expects you will use a well thought out budget as the core of a sustainable plan. It will include debt and/or…
A hand up, not a hand outby Robert Koci
By Rob Koci There is something truly pathetic about grown men in suits whining for government handouts, especially when they are builders and you are working 15 hours a day trying to make a go of an honest, above-board renovation…
Your Leadership Styleby Glenn Gutek
By Glenn Gutek. In leadership, leaders must understand this simple truth: style does matter. The following six styles are the most prominent: Charismatic: This is leadership by infusion of energy often embodied in the leader. The style may encompass a…
A Canadian View of the American Housing Industryby Robert Koci
According to the U.S. Commerce Department, seasonally adjusting housing starts for September in that country hit 658,000 units. Canada’s rate for September was 205,900. The U.S. population is about 307 million. Canada’s is a bit over 34 million. A little…