Benchmarks

  • The Remodeling 550

    Remodeling magazine's list of the biggest companies and fanchise organizations in the home improvement industry.

     
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    Small Changes in Sales and Expenses Lead to Big Boost in Profit

    Incremental adjustments in critical financial benchmarks are less disruptive than drastic changes — and often more effective.

     
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    Clarifying Aspects of the 2008–09 Cost vs. Value Data

    Most people reading the Cost vs. Value Report skip the fine print and go right to the data, leading to questions and misunderstandings. Here's some clarification.

     
  • Top Remodelers Reveal Their Year-Ahead Budget Changes

    Which expenses do you expect to change most from 2008, and how will you offset them?

     
  • How Production Metrics Can Improve Your Company's Performance

    Business metrics provide objective data for making decisions that help you achieve your business goals.

     
  • Tracking Job Costs

    Job costs — all of the expenses for materials, subcontractors, and labor — are the primary components of gross profit.

     
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    Sizing Up the Big50

    In 2007, the first full year of the housing downturn that continues to put a drag on the economy, many remodeling companies had a rough time. Not so, however, for most members of the Big50 Class of 2008. While those around them were experiencing revenue slides of 25% or more, most of this year's...

     
  • Benchmark Performance Against Specific Goals For Your Company

    How much volume should your project leads produce? I'm always reluctant to give a general answer because of the endless variables within companies, markets, and projects.

     
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    Profile: Kelvin and Susan Pierce

    Three years ago, Kelvin and Susan Pierce (Big50 1993), owners of Commonwealth Home Remodelers, in Vienna, Va., decided to hire a full-time estimator for the company.

     
  • Hitting a Big Financial Mark

    Four years ago, Ocean Breeze Awnings and More in Surfside Beach, S.C., hit the $1 million gross revenue mark for the first time. CEO David Powers wanted to find out which neighborhoods were spending the most money with the company, so he studied his data.