Managing Your Restoration Business

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At this very moment, you likely genuinely wish your choice years ago was “preparation.” Nonetheless, dozens of questions surface surrounding the following: business value, taxes, deal structure, timing of the sale, estate planning, confidentiality, who helps, the premise lease, key employee contracts, etc. The list goes on.

It’s safe to say math was one of my least favorite subjects in school.  Well, as I have discovered over the years and I’m sure you have too… math is required in just about everything we do and there’s no escape.  Fortunately, with just a little effort and minimal math skills, we can use math to save money… and make more money! 

While the use of the internet increases daily, so does the sophistication level of cyber criminals. These criminals are stealing identities, hacking networks, and infecting computers with malware. Many business owners feel they are too small to be a target.

Following our callings is not just a gift; it’s an honor. There are few other industries on earth more committed to others than those who call themselves restorers. Take a moment and think about your “why” – why are you in business? Why did you choose this profession? 

It is true that all entrepreneurs are self-employed, however, not all who are self-employed are entrepreneurs. There is a profound difference between the two. And, not all who are self-employed should try to be entrepreneurs.