Category: Profitibility

Two Reasons Good Contractors are Good Diplomats

Two Reasons Good Contractors are Good Diplomats

A friend of mine, Gord, sits at the top of a large, family-owned company and he had a beautiful home built some years ago in southern Ontario. “I really like the contractor I chose to build my place”, Gord ...READ MORE
Make your focus the bottom line

Make your focus the bottom line

By Mike Draper Some companies strive to increase their top line revenue without too much worry about the bottom line. A company that thinks this way is typically in rapid-growth mode. On the flip side is the company focused ...READ MORE
Tips to hiring employees: Part Two

Tips to hiring employees: Part Two

By Victoria Downing In the continuation of this series, we know that companies are continuing to hire superstars, even while others are convinced that “there are no good hires available.” Successful owners are using three powerful strategies: Retention of ...READ MORE
Key General Management Questions: Part Two

Key General Management Questions: Part Two

By Steve Ryan Last month we discussed some of the tough financial questions you need to ask as a business owner. This month, the list of questions continues. Get out a pencil and paper, sit down and really ponder ...READ MORE
Tips to hiring employees: Part One

Tips to hiring employees: Part One

By Victoria Downing While some company owners are convinced that “there are no good hires available,” we are seeing others hire superstars.  These successful owners are using three powerful strategies:   Retention of current staff — reducing need to ...READ MORE
How to develop a risk management plan

How to develop a risk management plan

By Brian Paich Risk is an inherent part of all business — but it can be greater for certain professions, like remodelers. You must manage risk and mitigate bad situations. Use these 5 quick steps to start building your ...READ MORE
Five Keys to Growing Without Going Broke

Five Keys to Growing Without Going Broke

By Victoria Downing The market is hot and, if you’re like most remodeling company owners, you’re ready to jump on every opportunity that comes your way. I realize that most company owners want (and need) to grow. After all, ...READ MORE
Tips for Trades: How to maximize your tax return

Tips for Trades: How to maximize your tax return

By Steve Payne Fixing for a refund on your tax return As a skilled tradesperson, you build the houses where families live, skyscrapers where people work, and the roads and bridges that get everyone where they need to go. ...READ MORE
Three quick marketing tips for renovation contractors

Three quick marketing tips for renovation contractors

By Spencer Powell Many remodelers don’t start thinking about marketing until the revenue pipeline is looking slim. This can be a tough spot to find yourself in. As far as a larger marketing strategy is concerned, that’s the topic ...READ MORE
Tax tips for self-employed contractors

Tax tips for self-employed contractors

By Davinder Dhami, CRA Self-employed? Make dollars and sense of your income tax and benefit return Being self-employed means more than just having a good idea and the drive to make it happen. You also have to balance the ...READ MORE