Articles Tagged with ''restoration business owners''

In part seven of the “7 Lessons Learned from $500 Million in Restoration Transactions” series, Gokul Padmanabhan, CEO of Restoration Brokers of America, discusses the importance of leverage in maximizing the sale of your business. “Once the LOI is done, the leverage transfers over to the buyer and comes away from you,” he says. 

“By setting and sticking to your core values, the culture you have built and the standards for the quality of work you have established won't be compromised by changes to company size and makeup. These simple ideas have guided us as we've grown from a small operation into a national leader in disaster recovery,” Jeff Moore writes.

A coach’s immediate strategy is grooming their silver medalists to become the gold standard in future Olympics. The same can be said for finding talent to add to your team. Many times the silver medalists (“B” players) are undervalued and passed over while an organization searches for the gold.

Is there one leadership style that is better than the other? Which specific leadership style is best for creating a culture that retains employees? Can one have multiple styles at once? In this column, Nicole Humber shares her perspective, and those of her employees, on effective leadership styles.

In honor of Women’s History Month, the U.S. Small Business Administration will hold its 2022 Women’s Business Summit on March 28-30. The summit will consist of virtual panels, “Ask an Expert” workshops and fireside chats to help women-owned small businesses build, scale, and grow. 

Xactly byGTE finds and places talent – from technicians to executives – with restoration companies of all sizes. In this episode of Ask the Expert, Gregg Taylor, managing member, speaks to the unmet expectations of candidates and employees. He makes the case for rethinking recruiting and retention strategies, and offers best practices for businesses.

In part six of the 7 Lessons Learned from $500 Million in Restoration Transactions series, Gokul Padmanabhan discusses the power of a strategic buyer who looks beyond your financial statements to the full potential of your business.

“Identifying potential future leaders, mentoring their development, and building a bench of talent for the future is paramount. The degree to which the new consolidated organizations succeed will be determined by the quality and cohesiveness of their leadership at all levels,” Norris Gearhart writes.

In part five of the "7 Lessons Learned from $500 Million in Restoration Transactions" series, Gokul Padmanabhan discusses the letter of intent, must-have clauses and how to ensure your exclusive agreement with the buyer leads to a favorable transaction.

As countless restoration companies struggle to find and keep employees, more people want to work for Paul Davis of Greater MSP than the franchise has openings. Owner Caleb Brunz shares his secrets to staffing success and overviews his newly launched Pathways Trades Academy.