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Home » Keywords: » restoration business profitability

Items Tagged with 'restoration business profitability'

ARTICLES

Restoring Success: Managing Job Profitability Part 2

Managing Job Profitability Part 2: The Budget

Restoring Success
Lisalrti0183fx
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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Real Stories: A Formula for Growth and Domination With Benjamin Surdi

Real Stories: A Formula for Growth and Domination With Benjamin Surdi

Ask the Expert
November 18, 2021
No Comments

In 2016, Benjamin Surdi, founder and CEO of PureDry Restoration, purchased a business that was in major debt and all-around bad shape. Since then, the company has quadrupled in size and revenue, and it is a recognized market leader in Washington State.


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profit and loss

Overhead & Profit: The 10 & 10 Myth | Part 2

Sean scott
Sean Scott
August 4, 2021
No Comments
My hope is that the information in this article will shed some light on what it can cost for a restoration contractor to stay in business and provide the level of service consumers expect after a disaster.
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profit margin

Overhead & Profit: The 10 and 10 Myth | Part 1

Sean scott
Sean Scott
August 3, 2021
No Comments
The inability of contractors to cover overhead expenses is one of the key factors why so many restoration companies fail and will continue to do so unless the overhead burden of the company is accurately reflected in their estimate’s markup.
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Regaining Profits

Regaining Profits in Restoration Through Technology

Ryan Pritchard
June 10, 2019
No Comments

It’s hard for some businesses to imagine living in today’s digital age. Many businesses still collect information on paper or through multiple software solutions, but the manual process of transferring information from one place to another severely limits a company’s ability to act—much less drive efficiency, performance, and profit.


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annissa.jpg

Ask Annissa: Profits and Ethics

March 28, 2019
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Are restoration contractors unethical for making a profit? Absolutely not. Good restoration professionals are not "ambulance chasers". Profits make it possible for the training, equipment, and professional personnel needed to be there for people when they are needed the most. Annissa explains more about it in this week's Ask Annissa. 


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The Great Gamble

The Great Gamble

Timothy hull
Timothy E. Hull CR
September 11, 2018
No Comments

If Hurricane Matthew would have taken a more westerly track by just 30 or 40 miles it probably would have been the largest natural catastrophe the East Coast has seen since Hurricane Andrew in 1992.


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1-RR0518-Sirrine-increase-cash-flow.jpg

6 Ways to Increase Cash Flow in Your Restoration Company

John Sirrine
May 21, 2018
No Comments

The answer to this question is one that has haunted small business owners: cash flow. A company can look good on paper, bringing in consistent revenue and new clients, while still coming up short at the end of the month. 


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What's That SMELL?! Blog Sponsored by Odorox

Facebook Groups: Truly Knowing Restoration Industry Trends

Michelle blevins headshot 200px
Michelle Blevins
March 26, 2018
No Comments

In R&R, we often have articles about industry trends. Typically, these trends are broad – like working with TPAs, catastrophe restoration, and hiring problems. However, there are other topics being talked about just as regularly among contractors – especially online.


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Women in Restoration

Maintaining Respect

Michelle blevins headshot 200px
Michelle Blevins
February 19, 2018
No Comments

A few weeks ago, Annissa did a video column covering the “O & P Debate” – that is, the overhead and profit debate.


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More Articles Tagged with 'restoration business profitability'
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