My understanding of Zen tells me that the meaning of life is that life, just is. A Zen master might tell you that there is nothing more important then being fully engaged in the present. I am not a practitioner of this Eastern meditation but have a passing understanding of Zen and have become … [Read more...] about Zen and the Art of Restoration
If you are paying attention to the restoration industry news - you have seen the many high profile acquisitions occurring across the US. If you are thinking about selling, then you need to give consideration to the following questions. After you have thought about and answered then you may take the … [Read more...] about 5 Questions before selling your restoration company
If you have been watching the news in the restoration industry then it is impossible to miss the massive moves in mergers and acquisitions across North America. Here are just a few of the acquisitions that have occurred recently: Global Restoration (Interstate Restoration) was purchased by First … [Read more...] about Acquisitions in the Restoration Industry
If you are interested in learning more about working with Business Mentors: The following Podcast will answer all your questions about Business Mentors, who we are, how we work, our areas of focus and more. Business Mentors podcast If you have any questions and want more information about … [Read more...] about Business Mentors podcast
Do you review your financial statements? Many business owners only look at the revenue and net profit numbers. It is essential that you also understand your balance sheet and your ratios to understand the financial health of your business. Here are some financial ratios that are important in … [Read more...] about Financial Ratios
Have you given much thought to your last days? This is a deep conversation that most people are not prepared for but it is essential. I guess with a conversation starter like this – you are preparing for a sales pitch from a life insurance agent – or a religious discussion on the virtues of a life … [Read more...] about Creating a Legacy
Do you have a deliberate brand or an accidental brand for your company? Company branding is developed out of your strategic plan, your core competencies and marketplace realities. Many companies do not give serious consideration to their brand. The first thing that is needed in this discussion is … [Read more...] about Creating a Deliberate Brand
Do you feel as though your business world is changing too quickly or that our industry is in the middle of a pendulum swing that will simply come back and revert to normal before swinging to the other side? This is often the interpretation of those that have been around for a while and in my … [Read more...] about Communication Clutter
The restoration industry is experiencing a substantial shift in ownership. This is caused by a generational shift in the age of the existing owners, a very fragmented industry, the recession-resistant nature of the industry, and relatively healthy profit margins. If you are considering purchasing … [Read more...] about 7 Questions to Ask Yourself Before Buying a Restoration Company
Are you thinking about selling your restoration company? Does one of these situations sound like you? You've been in the restoration industry for over twenty years and now you're thinking about retirement, but you aren't sure what steps to take to get your company ready to sell or pass on to the … [Read more...] about Selling your Restoration Company?
Customer service is not an activity or a department, but an attitude and series of decisions. You can take steps in your business to provide exceptional customer service and you may find that this is one of the lowest cost and highest impact changes that you can make in your business. Often, great … [Read more...] about Customer Service is a Choice
This is an interesting time to be operating a business. Here are some of the major issues that are impacting your operation. Prices of lumber have tripled in the past year Steel prices have more than doubled this year Fuel prices have steadily increased due to reduction in domestic supply and … [Read more...] about Are Costs Increasing in Restoration?