article thumbnail

The Problem With High-Profit Jobs In The Construction Industry

Contractor Bookkeeping

The most common situation is when a residential remodel contractor with a reputation and a substantial company generating 15% or more profits decides to start building custom homes. Or the opposite, a home builder who decides to branch out into residential remodeling.

article thumbnail

Kitchen and Bath Industry Remains Optimistic Despite Changing Growth Patterns

Pro Builder

Kitchen and Bath Industry Remains Optimistic Despite Changing Growth Patterns. The kitchen and bath industry registered historic levels of growth with surging demand at the start of the pandemic as more homeowners took on renovation projects while cooped up at home. “In Remodeling. Remodeling Projects. Kitchen + Bath.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Handyman Contractors Enjoy Steady Profits, Low Risk, Long Term Wealth

Contractor Bookkeeping

Handyman Contractors Are Very High Profit Low Risk Construction Niche. We have always known them to be a high-profit low-risk type of business that for the most part is not as severely impacted by ups and downs of the economy. Nowhere near other segments of the construction industry.

article thumbnail

Contractor Leads Profitable Vs. Not-Profitable

Contractor Bookkeeping

All Construction Contractors Get Referrals which some turn out to be profitable some turn out non-profitable. The key is getting more profitable leads and fewer not-profitable leads. Most Profitable Lead Referrals come from your clients and most not-profitable lead referrals come from customers.

article thumbnail

How High Profit Jobs Send Contractors Into Bankruptcy

Contractor Bookkeeping

You have what appears to be a high profit job and now you are thinking you have it made and I hope you are right! The most common situation is when a residential remodel contractor who has built a reputation and a substantial company generating profits of 15% or more decides to start building custom homes.

article thumbnail

What's new at the International Roofing Expo 2023

BD+C

Roofing Rich Russo, Show Director for the International Roofing Expo ( www.theroofingexpo.com ) chats with Pro Remodeler's Erika Mosse and Building Design+Construction's David Barista about the new programs and initiates at IRE 2023, March 7-9, 2023, at the Kay Bailey Hutchison Convention Center in Dallas.

Dallas 52
article thumbnail

All the places to look for your next employee

Contractor Magazine

With so many folks leaving the industry and so few entering, there is a humongous shortage of trained persons. Whether you're already in the service business or slowly entering from remodeling or new construction work, I've laid the groundwork for a profitable, enjoyable future. your plumbing, HVAC, or electrical outfit.