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Home » financial success

Articles Tagged with ''financial success''

Financial Literacy text on spiral notepad on desk

Markup vs Margin: How Financial Literacy Impacts Restoration Profitability

Ben Justesen explains why understanding markup, margin and overhead is critical for restoration business success
Ben Justesen
Ben Justesen
November 20, 2025
No Comments

Poor financial literacy erodes restoration profits. Ben Justesen shares how to master markup, margin and overhead for long-term success.


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Franchising

Advantages of Franchising within the Restoration Industry

Ben Gergis
Ben Gergis
July 10, 2024
No Comments
Ben Gergis tells us just how lucrative franchising within the restoration industry can be.
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transparent Laying flat angle paperback.jpg
News Headlines

Game-Changing Business Strategies for the Restoration Industry

New Book Describes Building and Scaling a Restoration Business
March 21, 2024
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Meet the author at The Experience in Chattanooga, TN April 3-5, 2024 and get your own signed copy of Restoration Millionaire. 


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business growth

How Fostering a Culture of Gratitude Helps Your Restoration Business Grow

Lisa Lavender
Lisa Lavender M.T.R., M.F.S.R., M.W.R.
Scott Miller
Scott Miller
March 8, 2024
No Comments

Lisa and Scott share what the power of setting a precedence of gratitude within your company can do for company culture. 


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Restoring Success: Managing Job Profitability Part 2

Managing Restoration Job Profitability Part 2: The Budget

Restoring Success
Lisa Lavender
Lisa Lavender M.T.R., M.F.S.R., M.W.R.
March 6, 2023
No Comments

Lisa Lavender shares budgeting tips to help mitigate financial decline for businesses.


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inflation

Inflation Puts Pressure on Restoration Contractors as Costs Rise

Ted Craig
Ted Craig
August 5, 2022
No Comments

Contractors grow less confident as they are forced to spend more, continue to face shortages.


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Trends and Tips for proactively restoring your Accounts Receivable

Trends & Tips for Restoring Accounts Receivable

Brittney Hensley
July 23, 2018
No Comments

The jobs are completed and you have sent your invoices out. Yet you continue to have invoices unpaid and can’t seem to track down where the payment is. Who has it? The insurance company, the insured, the mortgage company? 


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restoring success accounting

Restoring Success: Accounting for Contractors

Lisa Lavender
Lisa Lavender M.T.R., M.F.S.R., M.W.R.
May 31, 2018
No Comments
As a restorer, accounting may not be your favorite thing or perhaps you may have a passion for number crunching; either way, it is a necessity and extends beyond having a balance in the checking account. 
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Lack of Money Can Cost You Your Business

Lack of Money Can Cost You Your Business

Les Cunningham
December 1, 2017
No Comments

According to the IRS, two-thirds of all businesses fail in their first five years. One of the major reasons this happens is not from a lack of business, but from a lack of cash. 


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Ready, Set, Plan

Creating Your 2018 Business Plan

Tom Cline
November 13, 2017
No Comments

Three quarters of 2017 are in the books. The final quarter is when you should be focusing on your plan for the coming year. If you didn’t already start in October, now is the time. 


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