Todd Drummond

Three Practical Ideas for Better Margins and Net Profits

Todd Drummond

Too often a repeated mantra within our industry is that everyone sells components at too-low margins. The blame is always on the other guy, meaning the competitor, for selling at a lower margin than what should be market pricing. Well, what can your company do to raise margin pricing? During...

#10215 Cover image
June 2017
Issue #10215
Page 24
Matt Layman

Lumber Briefs: How to Best Quote 90-Day Jobs

Matt Layman

Part Two in the Save Money Series I used to ride a Harley. A fellow rider once told me, “There are two kinds of motorcycle riders. Those who have wrecked and those who are going to.” After his crash and broken leg…I sold my bike. The most common question I get from...

#09209 Cover image
December 2016
Issue #09209
Page 57
Carl Schoening

Confusion is Starting to Confuse Me

Carl Schoening

Okay, I have finally had it. I have been reading articles for months and finally reached a tipping point. I cannot sit quietly any longer. So, I’ll start by saying I have been in this industry a very long time…..and on all sides of it. I have worked as a carpenter installing...

#09202 Cover image
May 2016
Issue #09202
Page 14
Carl Schoening

2016……Wait….What?!?!

Carl Schoening

That was my reaction when I realized last week that 2016 was right around the corner. Well, actually I hit a stark realization around the middle of December when I had a birthday and could not figure out how I got here. You know, to this place in time. It seems like yesterday that I was a hairy...

#09198 Cover image
January 2016
Issue #09198
Page 30
Todd Drummond

Increasing Net Profit While Sacrificing Labor Efficiencies?

Todd Drummond

Sometimes we lose focus of the main goal of creating more net profit for the company by focusing too much on one aspect of our business. Too often individuals focus too much on perceived labor efficiencies while limiting their overall capacities. Does reducing labor cost always produce more net...

#08197 Cover image
December 2015
Issue #08197
Page 11
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