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
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?
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 2021 Business Challenges
Are you waiting for the next hurricane so you can grow your restoration business? Too many companies are waiting for some outside influence to create their success. While it is true that you can benefit from an outside event that will help your business, at some point you are back to where you … [Read more...] about Running your Restoration Company like a Scuba Diver
Running a restoration business can be very challenging. While I was attending college, I commented to one of my classmates that I was getting quite an education in restoration because it was more difficult than many businesses. I made that statement without thinking because I had heard it many … [Read more...] about The Main Thing
Another stressful Monday morning? Happy Monday! Are you one of the many people who spent most of Saturday decompressing from the week and then most of Sunday stressing about the challenges of the week to come? If so, you’re not alone. In today’s world, burnout is common and understandable, … [Read more...] about Conquer the Monday Morning Blues
2020 In Retrospect One of the challenges in making predictions is being blindsided by items that you could never have seen coming. Before last year, imagine someone telling you that the country would be shut down for several months, you could not go to a restaurant or church service for months, … [Read more...] about 2021 Industry Trends ~ Part 1
Welcome to my mostly annual thoughts on the top trends that will impact your business in 2021. It is my hope that we do not ever see a year like 2020 anytime soon but as you take a look forward it is important to find the good, the growth and the opportunities created over the past twelve months. … [Read more...] about Top Trends in Disaster Restoration for 2021