Qualified Remodeler Magazine

JUL 2019

Qualified Remodeler helps independent remodeling firms to survive, become more professional and more profitable by providing must-have business information, namely best business practices, new product information and timely design ideas.

Issue link: https://qualifiedremodeler.epubxp.com/i/1141105

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I CAN'T IMAGINE how someone would risk starting and running a remodeling business ĬĞĩĝĤĪĩĠģĤĬĞģĜĝĤĬĩĝĚŽģĖģĘĞĖġĨĞęĚĤě things work—knowing whether they will ĢĖĠĚ Ė ĥħĤŽĩ ĉĤĩ ĠģĤĬĞģĜ ĘĖģ ĥĪĩ ĮĤĪħ ħĚĩĞħĚĢĚģĩĖģęĮĤĪħěĖĢĞġĮšĨěĪĩĪħĚĖĩħĞĨĠ ĄĩĢĞĜĝĩėĚğĪĨĩĖĨěĤĤġĞĨĝĖĨĨĚĩĩĞģĜĤĪĩ ĤģĖħĤĖęĩħĞĥĩĤĩĝĚĤĩĝĚħĘĤĖĨĩĬĞĩĝęĪĘĩ ĩĖĥĚĤīĚħĩĝĚĜĖĨĜĖĪĜĚĄĢĖĜĞģĚģĤĩĚīĚģ ĘĝĚĘĠĞģĜĮĤĪħĜĖĨĜĖĪĜĚĖĨĮĤĪėĚĜĞģĮĤĪħ ğĤĪħģĚĮ ĔĚĩ ĚīĚħĮ ęĖĮ Ė ģĚĬ ħĚĢĤęĚġĚħ ĬĞġġ ĨĩĖħĩ Ė ėĪĨĞģĚĨĨ Ėģę ęĤ ğĪĨĩ ĩĝĖĩ ĄĩšĨ ĤģĚĤěĩĝĚĢĖĞģħĚĖĨĤģĨ)&ĩĤ*&ĥĚħĘĚģĩĤě Ėġġ ĘĤģĩħĖĘĩĤħĨ ĚīĚģĩĪĖġġĮ ěĖĞġ Ğģ ėĪĨĞģĚĨĨ ĊĩĝĚħĨĘĖģĠĚĚĥġĞĢĥĞģĜĖġĤģĜĥħĚĩĚģęĞģĜĩĤ ėĚėĪĨĞģĚĨĨĤĬģĚħĨėĚĘĖĪĨĚĩĝĚĞħĬĞīĚĨĝĖīĚ ĖĜĤĤęğĤėĬĞĩĝĝĚĖġĩĝĞģĨĪħĖģĘĚ ĒĞĩĝĤĪĩ ĩĝĚ ħĞĜĝĩ ŽģĖģĘĞĖġ ĨĮĨĩĚĢ Ğģ ĥġĖĘĚ Ėĩ ĮĤĪħ ėĪĨĞģĚĨĨ ĨĝĤĪġę ĮĤĪ ėĚ Ėġ- ġĤĬĚęĩĤĘĖġġĮĤĪħĨĚġěĖėĪĨĞģĚĨĨĤĬģĚħĄ ęĤģšĩĩĝĞģĠĨĤþħĚĖĩĞģĜĖģęĢĖĞģĩĖĞģĞģĜĖģ ĖĘĘĪħĖĩĚ ŽģĖģĘĞĖġ ĨĮĨĩĚĢ ĨĝĤĪġę ģĤĩ ėĚ Ė ěĪĩĪħĚĜĤĖġĞĩĨĝĤĪġęėĚĨĤĢĚĩĝĞģĜĮĤĪĖġ- ħĚĖęĮĝĖīĚĞģĥġĖĘĚĄěĮĤĪĖħĚĘĤĢĢĞĩĩĚęĩĤ ĥĪĩĩĞģĜĖĜħĚĖĩŽģĖģĘĞĖġĨĮĨĩĚĢĞģĥġĖĘĚĮĤĪ ĨĝĤĪġęģĤĩĖĨĨĪĢĚĮĤĪĘĖģęĤĞĩĤģĮĤĪħĤĬģ ĔĤĪĬĞġġģĚĚęĝĚġĥĬĞĩĝėĤĩĝĩĝĚĘħĚĖĩĞģĜ ĖģęĩĝĚĢĖĞģĩĖĞģĞģĜĤěĮĤĪħĨĮĨĩĚĢĔĤĪĬĞġġ ĖġĨĤģĚĚęĩĝĚħĞĜĝĩĖĘĘĤĪģĩĖģĩĩĤĝĚġĥĮĤĪ ĢĖĠĚĨĪħĚĮĤĪħĨĮĨĩĚĢĞĨĖĘĘĪħĖĩĚĢĚģĩĤħ ĮĤĪĤģĝĤĬĩĤĪĨĚĞĩĘĤģŽħĢĮĤĪĖħĚĥħĞĘĞģĜ ěĤħĥħĤŽĩĖģęĢĖĠĚĨĪħĚĮĤĪęĤģšĩĥĖĮĖģĮ ĢĤħĚĩĖĭĚĨĩĝĖģĞĨġĚĜĖġġĮħĚĦĪĞħĚę Knowledge and 'Schema' ĄĬĚģĩĩĤģĞĜĝĩĨĘĝĤĤġĚĖħġĮĞģĢĮĘĖħĚĚħĩĤ ġĚĖħģĖėĤĪĩėĪĨĞģĚĨĨĖĘĘĤĪģĩĞģĜďĝĚĩĚĖĘĝĚħ ĬĖĨĨĢĖħĩĖģęĄġĚĖħģĚęĖġĤĩėĪĩĄĨĩĞġġĝĖę ģĤĞęĚĖĝĤĬĩĤĨĚĩĪĥĖŽģĖģĘĞĖġĨĮĨĩĚĢĨĥĚ- ĘĞŽĘĖġġĮěĤħĖĘĤģĩħĖĘĩĤħĖģęĝĤĬĩĤĪĨĚĞĩĄ ĝĖęĜĖĞģĚęĠģĤĬġĚęĜĚĖėĤĪĩĝĤĬĖĘĘĤĪģĩĞģĜ ĨĝĤĪġęĬĤħĠăĤĬĚīĚħĄġĖĘĠĚęĩĝĚĚĭĥĚħĞ- ĚģĘĚĄģĚĚęĚęĩĤĨĚĩĪĥĖģęĪĨĚČĪĞĘĠýĤĤĠĨ ĩĤĢĚĖĨĪħĚħĚĨĪġĩĨĖĩĢĮėĪĨĞģĚĨĨĒĝĖĩĄ ģĚĚęĚęĬĖĨĝĚġĥěħĤĢĨĤĢĚĤģĚĬĝĤĖġħĚĖęĮ ĝĖęĩĝĚĚĭĥĚħĞĚģĘĚĖġĨĤĠģĤĬģĖĨĨĘĝĚĢĖ" ěĤħĝĤĬĩĤęĤĨĤĨĥĚĘĞŽĘĖġġĮěĤħħĚĢĤęĚġĚħĨ üęęĞĩĞĤģĖġġĮĖƁĚħČĪĞĘĠýĤĤĠĨĬĖĨĨĚĩĪĥ ĖģęĬĖĨĘĤģĨĞĨĩĚģĩġĮėĚĞģĜĪĨĚęĥħĤĥĚħġĮĄ ĖġĨĤĝĖęĩĤĜĖĞģĩĝĚģĚĘĚĨĨĖħĮĨĘĝĚĢĖěĤħ ĬĝĖĩĢĮŽģĖģĘĞĖġħĚĥĤħĩĨĬĚħĚĩĚġġĞģĜĢĚ ďĝĖĩĬĖĮĄĬĤĪġęĠģĤĬ ĬĝĚĩĝĚħĩĝĚħĚĨĪġĩĨ ĬĚħĚĜĤĤęĤħėĖęĈĮĥĤĞģĩĞĨĩĝĖĩĠģĤĬġĚęĜĚ is required but may be worthless unless you also make the investments needed to use to truly understand your system and what it ĘĖģĩĚġġĮĤĪĔĤĪģĚĚęĚĭĥĚħĞĚģĘĚĖģęĥħĖĘ- ĩĞĘĚĩĤęĚīĚġĤĥĨĘĝĚĢĖ Bookkeeper or Data Entry Clerk? ĐĨĞģĜĢĖĞģĩĖĞģĞģĜĖģęĠĚĚĥĞģĜĮĤĪħŽģĖģ- ĘĞĖġĨĮĨĩĚĢĖĘĘĪħĖĩĚĩĖĠĚĨĖěĖĞħĖĢĤĪģĩĤě ĩĞĢĚĒĞĩĝĖġġĩĝĚħĚĨĥĤģĨĞėĞġĞĩĞĚĨĤěĤĬģĞģĜĖ ħĚĢĤęĚġĞģĜėĪĨĞģĚĨĨĖĨĬĚġġĖĨĩĝĚĥĤĩĚģĩĞĖġ īĖġĪĚĤěĬĝĚħĚĩĝĚĤĬģĚħĞģīĚĨĩĨĝĞĨĤħĝĚħ ĩĞĢĚĞĩšĨĩĮĥĞĘĖġġĮěĤĤġĞĨĝěĤħĖģĤĬģĚħĩĤĖġĨĤ ėĚĩĝĚėĤĤĠĠĚĚĥĚħċġĪĨĖĜĤĤęėĤĤĠĠĚĚĥĚħ ĞĨģĤĩĤģġĮĢĪĘĝġĚĨĨĚĭĥĚģĨĞīĚĥĚħĝĤĪħĩĝĖģ Ė ėĪĨĞģĚĨĨ ĢĖģĖĜĚħ ĩĝĚ ħĞĜĝĩ ėĤĤĠĠĚĚĥĚħ ĬĞġġġĞĠĚġĮėĚėĚĩĩĚħĢĤħĚęĚĩĖĞġĚęěĖĨĩĚħĖģę ĬĞġġĥħĤėĖėġĮĚīĚģĚģğĤĮęĤĞģĜĞĩ ĊģĚĠĚĮĘĤģĨĞęĚħĖĩĞĤģĝĚħĚĞĨĩĤėĚĘġĚĖħ ĤģĩĝĚęĞŻĚħĚģĘĚėĚĩĬĚĚģĖėĤĤĠĠĚĚĥĚħĖģę ĖęĖĩĖĚģĩħĮĘġĚħĠďĝĚęĖĩĖĚģĩħĮĘġĚħĠĤģġĮ ĚģĩĚħĨęĖĩĖüġĩĝĤĪĜĝĩĝĚĘġĚħĠĞĨĚĭĥĚĘĩĚę ĩĤĚģĩĚħĩĝĞģĜĨĖĘĘĪħĖĩĚġĮĩĝĚĮĖħĚĩĮĥĞĘĖġġĮ ĤģġĮ ěĤġġĤĬĞģĜ ĩĝĚ ĞģĨĩħĪĘĩĞĤģĨ Ĥě ĖģĤĩĝĚħ ĥĚħĨĤģĬĝĤĞĨěĪġġĮħĚĨĥĤģĨĞėġĚěĤħĩĝĚĖĘĘĪ- ħĖĘĮĖģęĞģĩĚĜħĞĩĮĤěĩĝĚėĤĤĠĠĚĚĥĞģĜ üėĤĤĠĠĚĚĥĚħĩĝĚħĚěĤħĚĠĚĚĥĨĩĝĚėĤĤĠĨ ĐģġĞĠĚĖęĖĩĖĚģĩħĮĘġĚħĠĩĝĚėĤĤĠĠĚĚĥĚħ needs to have both the knowledge and the ĨĘĝĚĢĖĩĤĠĚĚĥĖħĚĢĤęĚġĞģĜėĪĨĞģĚĨĨšĨŽ- ģĖģĘĞĖġĞģěĤħĢĖĩĞĤģĖĘĘĪħĖĩĚĖģęĪĥĩĤęĖĩĚ ĄħĚĘĤĢĢĚģęĮĤĪĝĞħĚĖĦĪĖġĞŽĚęėĤĤĠĠĚĚĥ- ĚħģĤĩĖęĖĩĖĚģĩħĮĘġĚħĠĤĩĝĚħĬĞĨĚĮĤĪĩĝĚ ėĪĨĞģĚĨĨĤĬģĚħėĚĘĤĢĚĨĩĝĚėĤĤĠĠĚĚĥĚħėĮ ęĚěĖĪġĩüĨĩĝĚėĪĨĞģĚĨĨĜħĤĬĨĝĞħĚĖęĖĩĖ ĚģĩħĮĘġĚħĠĩĤĖĨĨĞĨĩĩĝĚėĤĤĠĠĚĚĥĚħ Accountant vs. Historian ĔĤĪħħĚĢĤęĚġĞģĜėĪĨĞģĚĨĨģĚĚęĨĖħĚĖġĖĘ- ĘĤĪģĩĖģĩĔĤĪģĚĚęĨĤĢĚĤģĚĬĝĤĘĖģĝĚġĥ ĮĤĪĥġĖģĖģęĥħĞĘĚěĤħĥħĤŽĩėĚěĤħĚĮĤĪĨĚġġ ĬĤħĠĔĤĪģĚĚęĨĤĢĚĤģĚĬĝĤĘĖģĝĚġĥĮĤĪ ħĚĖę Ėģę ĞģĩĚħĥħĚĩ ŽģĖģĘĞĖġ ħĚĥĤħĩĨ ĔĤĪ need someone to ensure that as you do ėĪĨĞģĚĨĨĩĝħĤĪĜĝĤĪĩĩĝĚĮĚĖħĮĤĪħĥħĞĘĞģĜ ĚĨĩĞĢĖĩĞģĜ Ėģę ĥħĤęĪĘĩĞĤģ ĢĚĩĝĤęĨ ĖħĚ ĬĤħĠĞģĜĖĨģĚĚęĚęĩĤĘħĚĖĩĚĥġĖģģĚęĥħĤě- ĞĩĨďĝĚħĞĜĝĩĖĘĘĤĪģĩĖģĩĬĤĪġęĝĖīĚĖġħĚĖęĮ ĨĖĩęĤĬģĬĞĩĝĮĤĪĩĤęĞĨĘĪĨĨĮĤĪħėĪĨĞģĚĨĨ ĜĤĖġĨěĤħĩĝĚĮĚĖħĖģęĝĤĬĩĝĚģĚĬĩĖĭġĖĬĨ ĢĞĜĝĩĖŻĚĘĩĮĤĪħėĤĩĩĤĢġĞģĚďĝĚħĞĜĝĩĖĘ- ĘĤĪģĩĖģĩĬĞġġĝĖīĚĩĝĚĨĘĝĚĢĖģĚĚęĚęĩĤėĚ ĖĥħĤĖĘĩĞīĚĥĖħĩģĚħĝĚġĥĞģĜĮĤĪĥġĖģěĤħĖģę ĥħĤĩĚĘĩėĪĨĞģĚĨĨĥħĤŽĩĨ ĄěĮĤĪĩĝĞģĠĮĤĪĝĖīĚĖģĖĘĘĤĪģĩĖģĩėĪĩ ĮĤĪęĞęģĤĩĜĚĩĩĝĚĖĨĨĞĨĩĖģĘĚĄğĪĨĩęĚĨĘħĞėĚę ĖėĤīĚĮĤĪĢĖĮĝĖīĚĬĝĖĩĄħĚěĚħĩĤĖĨĖĝĞĨ- ĩĤħĞĖģģĤĩĖģĖĘĘĤĪģĩĖģĩüģĖĘĘĤĪģĩĖģĩĬĝĤ ĝĚġĥĨĮĤĪėĮęĤĞģĜĮĤĪħĩĖĭĚĨĖƁĚħĩĝĚĮĚĖħ ĞĨĤīĚħĞĨĤģġĮħĚĥĤħĩĞģĜĤģĬĝĖĩĝĖĨĖġħĚĖęĮ ĝĖĥĥĚģĚęýĮĩĖĭĩĞĢĚĞĩšĨĩĤĤġĖĩĚĒĝĖĩĞě ĮĤĪŽģęĤĪĩĞģüĥħĞġĮĤĪġĤĨĩĢĤģĚĮĩĝĚĮĚĖħ ėĚěĤħĚăĤĬĢĪĘĝģĚĬ ĬĤħĠĬĞġġĮĤĪĝĖīĚ ĨĤġęėĮüĥħĞġĬĞĩĝĩĝĚƀĖĬĚęĥħĞĘĞģĜĨĩħĖĩ- ĚĜĮ ĊģĚ ĘĤģĩħĖĘĩĤħ Ą ĨĥĤĠĚ ĬĞĩĝ ėĚĘĖĢĚ ĥĖĞģěĪġġĮ ĖĬĖħĚ Ĥě ĩĝĞĨ ħĚĖġĞĩĮ Ėĩ ĩĖĭ ĩĞĢĚ ăĚ ěĤĪģę ĝĚ ġĤĨĩ %!!!! ĩĝĚ ĮĚĖħ ėĚěĤħĚ ĖģęĝĖęĖġħĚĖęĮĨĤġę&!!!!!ĤěģĚĬ ĬĤħĠ ĪĨĞģĜĩĝĚĨĖĢĚĥħĞĘĞģĜĨĩħĖĩĚĜĮ üĨĩĝĚĤġęĨĖĮĞģĜĜĤĚĨĝĞĨĩĤħĮħĚĥĚĖĩĨ ĞĩĨĚġěüĨėĪĨĞģĚĨĨĤĬģĚħĨĞěĬĚęĤģšĩĘĤģ- sider the lessons learned when we study ĝĞĨĩĤħĮĬĚĖħĚęĚĨĩĞģĚęĩĤħĚġĞīĚĞĩĊģĩĝĚ ĤĩĝĚħĝĖģęĖĨĤĪģęŽģĖģĘĞĖġĨĩħĖĩĚĜĮĖģę ĨĮĨĩĚĢĨĘĖģĝĚġĥĘħĚĖĩĚĥħĤŽĩĨĖģęĖĜħĚĖĩ ěĪĩĪħĚěĤħĮĤĪĖģęĮĤĪħėĪĨĞģĚĨĨ by Shawn McCadden, CR, CLC, CAPS Keys to Having a Great Financial System at Your Business McCadden is a speaker, business trainer, columnist and award-winning remodeler with more than 35 years of experience. He can be reached at shawnmccadden.com. UPCOMING TOPICS AUGUST: Excellent at Being Mediocre SEPTEMBER: Design/Builder or Poser? OCTOBER: 3 Things the Industry Needs ON YOUR BUSINESS 14 July 2019 QualifiedRemodeler.com

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