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[5 Jul 2011 | No Comment | ]
Cause and Effect

Our Sheltie, Humphrey Bogart, likes to herd things and to protect the house. It’s instinctive. Unfortunately for Humphrey, we don’t keep sheep or cattle in our backyard and the squirrels and rabbits have learned to keep their distance. So what’s a Sheltie to do? Chase aircraft!

We live north of DFW Airport and can easily see planes flying over our house on final approach. Humphrey can see them too. He doesn’t like them.

grow your business »

[4 Jan 2011 | No Comment | ]
Job Costing?

My hero Oprah was on the Dave Letterman show recently. Touted as “The Super Bowl of Love”, it was Oprah’s first appearance on the show since May of 1986. Dave claims that his people had been contacting Oprah’s people every week for every one of those sixteen years.

“No, no, no, no, no”, they said.

Finally, Oprah said, “Yes,” and made her way to the Ed Sullivan Theater. I imagine that Oprah – smart chick that she is – took into account the opportunity to promote the opening night of her Broadway production of the musical “The Color Purple.” Oprah arrived and Dave conducted a thoughtful and interesting interview.

editorial, featured, grow your business, management »

[16 Feb 2010 | No Comment | ]
Turning the Tide Towards Profit

“Turning the Tide Towards Profit”

To Be the Focus at Nexstar’s® Owners’ Spotlight Series

Owners of plumbing, HVAC and electrical home service companies will gather at Nexstar’s Owner’s Spotlight Series, March 18-20 in Clearwater, Florida. “Turning the Tide Toward Profit” is the theme and consistently achieving results that count is the focus. Nexstar has reserved a number of VIP seats for prospective members at this event that is typically for members only. It is an opportunity to experience the rapid results of Nexstar.

editorial, featured, grow your business, management »

[16 Feb 2010 | No Comment | ]
Train Now to Get the Competitive Edge

It’s no secret that times are tough right now in the business world. But on the bright side, some economic reports are beginning to look a little more optimistic and talk of economic recovery is all over the news. Markets tend to be cyclical, and in this case, it is just a matter of time before we head into another era of economic prosperity. When we reach that time and you need to hire more employees to get the work done, will you be ready and will your employees be ready?

editorial, grow your business, management, sales »

[16 Feb 2010 | 2 Comments | ]
The Bath and Kitchen Business

It bewilders me when I hear comments from certain people in our industry who say, “contractors can’t afford to operate showrooms.” Hogwash. I have always considered my showroom facility a tool that is necessary to get the job done profitably and professionally. When this tool is utilized properly, it is well worth the effort and investment, and enhances the professional image we all strive to convey.
I’ve had a showroom ever since 1962, when I was a young plumber doing new construction work. Specified materials tended not to be the best back then, so my showroom was used primarily to upgrade plumbing and heating in the new homes and other buildings for which we contracted. Our builders were open to the idea as long as they didn’t have to get involved. Homeowners were invited to the showroom to view what was specified for their new homes, and what they could get for a few dollars more. The additional profit that showroom generated was a nice plus for a young plumber doing battle in the highly competitive new housing market.

grow your business, headline, management »

[16 Feb 2010 | 2 Comments | ]
Build a Better Bean Team

The following story is true. The names have been changed to protect the innocent. If you think this story is about you…you are probably right.

The Martyr and The Intimidator

Leslie is the owner of a roofing company, a business she inherited from her father. Back in the day, her father managed a small crew and operated with handshake-contracts and stacks of cash. Now that her dad has retired, ambitious Leslie sees a different future. She wants to grow her company so that she can make a fortune…and provide career opportunities for her beloved team. And she wants to build on her (and her father’s) reputation for taking great care of her customers.

grow your business, headline, management »

[2 Feb 2010 | No Comment | ]
All Jobs Are Not Equal

Last month, I asked you to fill out some worksheets containing four hypothetical contracting jobs with different overhead factors and to identify the most desirable job of the bunch.

I know from my teaching experience that most PHC contractors are totally befuddled by these worksheet problems, and they aren’t inclined to take the time to participate in this exercise. As usual, it is the more diligent and knowledgeable contractors who find intellectual stimulation in business problems, just as they are the ones you find attending seminars, participating in industry affairs, etc.

editorial, featured, grow your business, management »

[1 Feb 2010 | No Comment | ]
19 Ways to Get More from Conferences and Trade Shows

From Comanche Marketing, here’s Matt Michel’s tips on ways to get the most out of any conference or trade show you attend.
1. Dress professionally, but in comfortable shoes and clothes – if your conference includes a trade show, you will be on your feet a lot. If you’re uncomfortable, you’re not focused on gathering information.
2. Engage others in conversation – people often remark that the most valuable information they get at trade shows comes from the hall talk. Why? Because it’s peer to peer conversation. It’s interaction with …

editorial, featured, grow your business, management »

[1 Feb 2010 | No Comment | ]
Be Passive and Proactive in Growing Your Company

When your business phone is ringing and customers are requesting service, life is great! Oh, I remember those days. Where have they gone? Bring on the bitterly cold weather of winter, the sweltering heat of summer, the flash flood waters of spring—and bring it on quickly!

editorial, grow your business, management »

[19 Jan 2010 | No Comment | ]
Good Defense fuels a Great Offense

It was exciting to watch the Vikes beat up the Dallas Cowboys this past Sunday, advancing them to the NFC championship game. As I watched the game I was impressed by the Vikings defense; they were relentless. Tony Romo will have nightmares of #91 Ray Edwards pursuing him for yet another sack.

Recently, I have been working on an inventory project at our company. In October, we sold our company assets along with 2 other companies to form a new entity in the Twin Cities, Noah Acquisitions, DBA Ben Franklin Plumbing now has 20 plumbing crews doing service and repair work. In this new business, our old system of inventory quickly became outdated.