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... Read More June 2017 Issue #10215 Page 24
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... Read More December 2016 Issue #09209 Page 57
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... Read More May 2016 Issue #09202 Page 14
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... Read More January 2016 Issue #09198 Page 30
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... Read More December 2015 Issue #08197 Page 11