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  • Establishing a Strategic Plan
    If you're like most remodelers, you've been so busy in 2006 you've hardly had time to plan for next year let alone the next three years. The remodeling industry flourished in 2006, and the next three years will bring more growth for the industry, says Gopal Ahluwalia, staff vice president for research at the NAHB.
  • Mr. Optimism
    Toll Brothers Chairman Bob Toll talks about the current housing envrionment and how he is positioning Toll Brothers for what he believes will be a re-ignition of the housing boom.
  • Remember the Basics
    My partners and I are in a fascinating line of work. Every day we get to talk to interesting people from across the country about what's going on in our industry. Here're some things we've run across lately that may help you on the HR side.
  • Boost Your Resources
    Before you begin heavy cost-cutting, you should implement a quality improvement program to rebuild your processes and become more proficient. That way, you can make the right cuts without gutting your key resources and jeopardizing your future.
  • Skill or Capacity?
    Too often we are focusing only on our skills: what we have or what we lack. We invest tremendous time, money and energy developing new skills and abilities which is important and a vital part of growing as a professional in any arena. But that alone will not solve some of the major issues of growing your business to the next level of success.
  • Myths and Facts of Valuations
    Second in a two-part series: In this article, the methodologies used in valuing companies are outlined, answering the recurrent question, "What is my company worth?"
  • From Trash to Treasure
    This article from PATH contains helpful ideas builders can use to put job site waste to work.
  • Product Review: Software
    Here is an overview of current software on the market for various facets of the home building industry.
  • Good as Gold
    Four years ago, Austin Foster's Atlanta, design/build firm, Construction Ahead, was averaging about $400,000 per year in installed sales volume. Last year, following steadily increasing annual sales, the firm's volume reached a hefty $1.7 million. Although a number of factors contributed to this rise in business, Foster places the majority of the credit on his company's ability to satisfy custo...
  • Hidden Talent
    Standard recruiting procedures are great for finding standard-issue employees. But finding great talent requires something better — and the key is to not wait until you have a particular staffing need. Recruitment is an ongoing process of scouting talent, networking and creating a reputation as a great workplace with current employees, trades and subs.
  • Employee Perks That Work
    Few things have kept pace with the rapid growth of our industry as much as employee compensation. Bonus programs tied to division or company profitability have generated unprecedented compensation levels. As the housing boom subsides and begins shrinking this year's bonus checks, the focus on compensation will take on a new tact.Namely, how do you attract and/or retain great people who have become accustomed to such extraordinary income opportunities?
  • Making a Superintendent: Nature vs. Nurture
    Are great site superintendents born or made? Many building firms now hire based on character; not experience.
  • Cleaning Up the Clean Water Act
    Two initiatives are in the works that would streamline the Environmental Protection Agency's National Pollutant Discharge Elimination System of the Clean Water Act, which regulates storm water pollution on construction sites.
  • Self-Induced Labor Pains
    The medical and home-building industries have at least one thing in common right now: the debate over self-induced problems. The medical community is at odds over just how much physical illness is self-induced. Similar to medicine, our industry is at odds about how much we have brought on ourselves.
  • The Power of Meetings
    So what's the big deal with meetings anyway? You meet with your subcontractor/carpenter to start a new project. Depending on the size of your company, you also meet with your office manager, sales people, production manager and possibly your staff accountant, marketing manager or even your general manager.

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