Pros and Cons of Franchising a Restoration Company
Robert Kiyosaki said it best: “If you want to go somewhere, it is best to find someone who has already been there.” This saying holds true if you are building a restoration business. Starting as an independent company can seem exciting, then quickly turn overwhelming when you face challenges that pop up along the way. […]
Why Peer Networks Are Essential in the Restoration Industry
Even the most motivated entrepreneurs can’t build successful businesses alone. If you want your restoration company to thrive, then you need to look for ways to maintain peer networks in the industry. This strategy doesn’t mean that you need to join a franchise organization. Instead, you can maintain your independent business structure and still maintain […]
Working Smarter in Your Restoration Business: Create New Systems
The dream of owning a small business often turns out differently than imagined. Business owners hope to create more schedule flexibility and financial freedom, but find that they are stuck spending long days at the office. How would your restoration business perform if you were to step away for a few days or weeks? While […]
Exceed Restoration Customer Expectations
What would you say is the cornerstone of a successful water damage restoration company? Is it the quality of the drying services? Is it punctual arrival at the customer’s home or business and timely completion? Is it a knowledgeable team? All of these things affect success, sure, but if you look closely at the most […]
3 Tips for Extracting Yourself from Your Restoration Business
How well would your restoration business operate if you stepped away from it? Would it keep running smoothly, without missing a beat? Or would it crumble from within? For some restoration business owners, the answer is the latter – without them at the helm day in and day out, the business itself would falter and […]
Where will your next residential water damage restoration lead come from?
There are a wide variety of sources for residential water damage jobs, from customer referrals to partnerships with insurance companies and online marketing. If you don’t know how work is finding its way to your company, you’re not equipped to grow or scale your business. If you don’t understand what your strongest source of water […]
Restoration Company Culture – Your Secret Weapon – Part 3
In our ongoing series on company culture and its impact on your business growth, we tackle the importance of culture to your restoration company. This is the third installment to the series, so if you missed the first two, go here for part one and here for part two. Culture is Currency The average American […]
Restoration Company Culture – Your Secret Weapon, part 2
Assessing Your Company’s Culture In part two of our series on company culture, we address how to assess your current company’s culture. If you missed Part One of our series, click here. Not every business has had the foresight to completely figure out their long-term plan for growth. In reality, very few businesses do this, […]
Restoration Company Culture – The Secret Weapon, part 1
Restoration Company Culture – Why It’s THE Single Most Important Key to Your Success At the most recent More Floods Owner’s Round-table, the issue of company culture and its singular ability to unlock growth in a company was on full display. Our host, Jim Bonner, owner of Spartan Restoration in Fredericksburg, VA, along with his […]
Running a Business in the Success Stage
Each stage of running a small business in water damage restoration is thrilling, but there is something especially exciting about the success stage. This is the third stage of growing a company. It is a milestone marked by profit that outweighs expenses. At this point, the work is consistent and your cash flow is healthy. […]
Running a Business in the Maturity Stage
For a water damage restoration company that has reached the maturity phase, the work is far from over. The daily operation may look very different than it did way back in the existence phase, but the business owners aren’t coasting or working any less. Instead, this is a phase with a new focus. The goal […]
Growing Your Business in the Take-Off Stage
In the success stage, you were told you had a decision to make. Will you maintain your current size or move on scale you business? If you’re dreaming of more for your water damage restoration company, then the take-off stage is what is right around the corner. The goal for this stage is to scale. […]