As part of my job, every year I review hundreds of income statements and analyze operational costs for the purpose of improving profitability. On three separate occasions in just the past year, I discovered that struggling contractors were not realizing their full profit potential because their gross profit targets were too low.
The problem we have in our industry is that even though we have plenty of owners leading the way, demonstrating this highly functional and profitable behavior every single day, too much of the daily operations happen in a way that’s commitment-phobic.
As a woman who owns and operates a full-service restoration business, I'm glad to see that old perceptions are beginning to change. Every woman in our industry can share that same sense of satisfaction. We know we're making a difference as both leaders and women in our field.
Here’s some good news for the greater workforce at-large. The America Dream is alive and well. And guess what’s even better? You don’t have to do it all by yourself.
We are in the midst of a major transition in the restoration industry – with some owners and leaders preparing to retire or sell their companies, and a new generation of leaders stepping into those roles in companies and industry associations alike. These six are already well on their way to being major forces and voices in the industry; the sky is the limit.