Third Party Administrators (TPAs) have the potential to be part of a high performing business mix for restorers. The idea of assignments being doled out from the insurance company during slow patches, with low referral fees and little headache is appealing.
The restoration companies that succeed and thrive in a poor economy and into the future are going have to bring new meaning to what it means to be a “full service restoration company”.
As conversations around a future recession gain momentum, it’s important to monitor maintenance activity in the U.S. housing stock as an indicator of consumer confidence.
You need software that connects all the job functions you do in your business. Working with anything less will be detrimental to your financial well-being. So, what does that mean to you and your business?
Over the last few years, contents cleaning and restoration has become an important service for restoration and remediation contractors to provide. Not only can it be profitable, it also offers contractors the opportunity to set themselves apart from their competitors.
Professionals in the restoration and remediation industry have seen a great deal of change over the years. However, a lack of financing sources or partners to the industry has seemingly remained constant.
According to Gallup, only 33% of employees are engaged at work. Based on OC Tanner research, 79% of employees who quit their jobs claim that a lack of appreciation was a major reason for leaving.
Visiting restoration companies is one of my very favorite parts of my job. Every one I’ve visited has been unique in its own way, and has practices in place that really help brand the company.
The rapid developments from tools to products to software and more has not slowed. We need to be diligent and thoughtful in our investments in technology.
