What’s better, top line of bottom line?

What’s better, top line of bottom line?

By Mike Draper Well – that depends. First, let’s look at what these 2 terms mean. Top Line is the total revenue of your company and refers to the number at the “top” of your Income Statement.  It represents ...READ MORE
Your 30/60/90 action plan

Your 30/60/90 action plan

 By Rob Koci You have a pile of things you need to get to within your business, but what will return you the best bang for your buck? It’s common in all businesses to prioritize initiatives, so here is ...READ MORE
A Myth of Contracting: “I know that, so I’m good!

A Myth of Contracting: “I know that, so I’m good!

By Stephen Ryan There can be a misconception that training is all about telling people things they otherwise don’t know. While that is an element of it, the most productive form of training can be getting people to act ...READ MORE
Fast-growing Canada Needs Housing. Public policy needs to keep pace.

Fast-growing Canada Needs Housing. Public policy needs to keep pace.

“In welcoming these new Canadians, we have an obligation to ensure there is sufficient housing” By Casey Edge To understand rising home prices, it’s important to appreciate that Canada is undergoing some of the fastest population growth in our ...READ MORE
Build loyalty before systems

Build loyalty before systems

By Rob Koci Every construction company needs systems because they allow ownership to step away from the day to day functions of the company to concentrate on running the business. They also allow them to stay in touch with ...READ MORE
The opportunity cost of doing ‘tasks’

The opportunity cost of doing ‘tasks’

By Steve Ryan Like any expense, your time needs to be spent where it returns the maximum value. While it may not be a conscious decision, with each task you take on you are making a judgment: Either you ...READ MORE
Proper delegation requires letting go

Proper delegation requires letting go

When growth comes, letting go is often the hardest thing to do for the owner of a renovation company. NextLevel Renovators Inc., a coaching and consulting company in Toronto, recently conducted a round table meeting with six renovators across ...READ MORE
Here’s a 10-Question Diagnostic for the Financial Health of your Business

Here’s a 10-Question Diagnostic for the Financial Health of your Business

By Steve Ryan An ability to understand your numbers and use them to make better decisions is no luxury.  It is a key to success. If you think it’s time to take your financial management up a notch, These ...READ MORE
Doing ‘favours’ for clients: Look before you leap

Doing ‘favours’ for clients: Look before you leap

Ever heard the expression “no good deed goes unpunished”? It’s really important that renovation contractors understand the risks of doing extra favours for clients. By Rob Koci It’s natural to want to be generous. As nice as it is ...READ MORE
Job cost tracking for residential contractors

Job cost tracking for residential contractors

Here is a no-nonsense primer on the most important number crunching you will ever do. You probably understand very clearly that your contracting business, like any other, must sell its products for more than it costs to make them. ...READ MORE
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