Category Archives: 2019

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Do You Know the #1 Money Maker in the Restoration Industry?

Posted on October 7, 2019 10:10 AM by The Restoration Entrepreneur

Did you know … the average rebuild is 4x larger than the average mitigation job? Did you know … you can consistently make 50% profit on rebuilds? Below 40% is...

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Should I Get into Contents Cleaning?

Posted on October 2, 2019 4:44 PM by The Restoration Entrepreneur

My restoration company operated a state-of-the-art Fire Center with complete contents cleaning and long-term storage. It was an award winner, a marketing machine, and a super moneymaker! Should you get...

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Why Are Large Loss Profits So Much Smaller?

Posted on August 28, 2019 8:00 AM by The Restoration Entrepreneur

The key to job profit is controlling material and labor costs. However, we all know the larger the job, the smaller the profit. But, do you know why? Because we...

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What Does It Take to Qualify to Become a TPA Contractor?

Posted on August 21, 2019 8:00 AM by The Restoration Entrepreneur

Nearly every contractor has tried at one time or another to become active on TPA programs, and most are unsuccessful. It’s not that the requirements are so intimidating – they’re...

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Don’t Get Stuck Floating Your Rebuild Costs

Posted on August 14, 2019 8:00 AM by The Restoration Entrepreneur

Floating construction costs, and waiting 60 days for payment can be a company killer! When should you expect to get paid? BEFORE the job ever starts! “Oh, yes! Great idea,”...

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Why Aren’t You Marketing Insurance Agents?

Posted on August 7, 2019 8:00 AM by The Restoration Entrepreneur

If you’re not, I don’t blame you! There were days when I boasted of a single insurance agent bringing me over $300,000 of work a year, year after year. Those...

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Do Job Titiles Matter?

Posted on July 29, 2019 9:00 AM by The Restoration Entrepreneur

Have you seen a restoration company doing less than $500,000 of revenue with a General Manager? Or, the first manager hired is the Operations Manager? Titles matter! Owners are usually...

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Do Incentives Work?

Posted on July 22, 2019 5:36 PM by The Restoration Entrepreneur

In a word, NO! Why do we try to incentivize workers? Is it because we want more out of them than we would otherwise get? The definition of incentivizing has...

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Getting on TPAs is Simple, but Not Easy

Posted on June 24, 2019 7:00 AM by The Restoration Entrepreneur

This is true of many things in life. We don’t know what we don’t know, but when the light comes on and now we know it, life becomes better. This...

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Using an Affected Room Sheet to Increase Water Job Profits

Posted on June 17, 2019 8:00 AM by The Restoration Entrepreneur

We know what psychrometrics and moisture maps are for … but what in the world is an affected room sheet? It’s a means to record every chargeable activity completed during...

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What Does It Take to Qualify to Become a TPA Contractor?

Posted on June 10, 2019 8:00 PM by The Restoration Entrepreneur

Nearly every contractor has tried at one time or another to become active on TPA programs, most are not successful. It’s not that requirements are so daunting – they’re not!...

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Why Large Loss Profits Are So Much Smaller

Posted on June 3, 2019 8:00 AM by The Restoration Entrepreneur

The key to job profit is controlling material and labor costs. However, we all know the larger the job, the smaller the profit. But, do you know why? Because we...

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How Is Your Business Adding to Your Personal Wealth

Posted on May 27, 2019 8:00 AM by The Restoration Entrepreneur

Every owner dreams of the money they will take out of their business. Perhaps its to buy a bigger house, take more vacations, or sock money away in a retirement...

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Why Don’t You Spend More on Marketing?

Posted on May 20, 2019 8:00 AM by The Restoration Entrepreneur

The rule of thumb is contractors should spend 8% of gross revenue on marketing. $1 Million in revenue requires $80,000 of marketing to ensure you maintain your current level of...

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Serving Disabled Veterans Through the VA

Posted on May 13, 2019 8:00 AM by The Restoration Entrepreneur

As a contractor, I was always opportunity greedy! What I mean by that is that if there was an opportunity to grow my business, I took it! I searched for...

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How to Get Paid Faster When the Job Is Complete

Posted on May 10, 2019 9:57 AM by The Restoration Entrepreneur

In order to get paid quicker once the job is completed, you need to understand the triggers that lead carriers to process payments. It’s really pretty simple – is the...

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Do You Set Profit Goals For Each Kind of Revenue?

Posted on February 6, 2019 7:44 AM by The Restoration Entrepreneur

One of the very first strategies to grow your restoration business is set profit goals for each and every sales and revenue source.

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The Revenue Generator – The Ultimate Revenue Booster for Your Business Sales Growth

Posted on January 22, 2019 9:00 AM by The Restoration Entrepreneur

If you want to jumpstart and fast track your sales these are the ways to do it! Each one of these referral sources can be sending work directly to you.

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Did You Make More Than 10% Net Profit?

Posted on January 8, 2019 9:00 AM by The Restoration Entrepreneur

Less than 20% net profit on your business earnings leads to poor cash flow, non-existent cash reserves, and limited personal wealth building.

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