The Problem With Business Owner Burner Out

It’s getting harder and harder for you to feel enthusiastic about your restoration business, anymore. Most mornings, you feel a sense of dread as you drive to work. You’ve grown tired of managing your people, dealing with your customers. You’re overwhelmed by all your workload and feel burdened by what it takes to run your … Continued

Why Paying Yourself is Crucial to Your Restoration Business

Have you heard that many small businesses go without a salary for the first three years they are in business? Did you know that most small businesses stay in the red for the first three years and often close? I don’t think this has to be the case. A small business owner doesn’t have to … Continued

4 Reasons why your Restoration Business Needs a Database

As a business owner you know that you need to be organized to get the best results in running your restoration business. A database at its basic form is a structured set of information that is stored on a computer or in the cloud, yet organized so that it can be easily be accessed, managed, … Continued

3 Ways Giving back to your Community is a Win for your Restoration Business

Giving back and being involved in your community is a win-win for everyone. The word community evokes ideas of togetherness, support, and even family. Letting the people in your community know that you care creates a sense of trust. Giving back shows that you value your community. Here is how giving back to your community … Continued

3 Reasons Why Digital Marketing is Vital To Your Restoration Business

1. Stay above the competition: A great online campaign will help you gain the coveted top spot on Google Search, but only when keeping tabs, (no pun intended), on your competition. By using those search engines to your advantage you can research your competitors to see what their customers are saying about them, how they’re being rated, … Continued

Understanding SDI – Sellers Discretionary Income

SDI is a big fancy way of saying discretionary cash flow. Basically, SDI are the pretax and pre-interest profits before you take out non-cash expenses, one owner’s benefits, one-time investments and other non-related income or expenses. Now, that’s a lot so let’s walk through exactly what that means. The first bit of that is all … Continued

Future Vision and Happy Exits – Part II

Last time, I wrote about the important role that SDI – or Seller Discretionary Income – plays in a happy, lucrative exit from your restoration business. In short, SDI takes a number of factors and calculates, reasonably accurately, projected income for your business over a certain time period. This is good for the you, the … Continued

Future Vision and Happy Exits – Part I

We all strive to have a happy, healthy family and work we find fulfilling. You’ve done your best to build this for yourself and your company reflects your work ethic. You’ve got a stable group of clients serviced by expert technicians that know they’re way around their equipment. You go to work every day and … Continued

Vision Boards: Not just for design

  You have probably seen vision or mood boards in design studios or advertising agencies. Basically, a vision board can be anything you want it to be. If you’re looking to redesign your home, you may turn to a vision board to layout the kind of styles you like or the color pallet you’re going … Continued

One Undeniable Way to Know it’s Time to Sell

I use the poker analogy a lot. I’m not actually big for table games, it’s just so apt every time I sit down to write one of these blog posts. Any kind of poker is a game of odds. The question is, are you willing to invest more in your hand then the other people … Continued