The Year Ahead

Resist the slowdown with your best people, their best ideas, and these four key elements of an annual plan.

3 MIN READ

Marketing plan, budget, and calendar. In a time of sluggish lead-generation, a robust marketing outreach program is more important than ever.

This can be difficult if you don’t already have a good marketing plan, but sooner is always better than later. For many established full-line remodelers, especially those with a large and loyal referring client base, it’s sufficient to earmark 1% of sales volume for the marketing plan. But it’s often better to spend 2% to 4% on marketing, especially if you need to design and print materials. Whatever it takes, don’t skimp here.

Finally, let’s wrap up your “company success” package with a shiny ribbon. How about budgeting in an exciting reward for your staff to share if they make their goals? The reward could be a fun outing or even something like a staff-wide cruise.

As you move toward the goals associated with the reward, post updates showing how the company is doing. Incorporate the metrics into a poster, with charts or infographics that show how close you’re getting to the prize.

You’ve built up a buzz. Now keep it going. — Linda Case, CRA, is founder of Remodelers Advantage Inc. in Laurel, Md., a company providing business solutions through a network of experts and peers. 301.490.5620; linda@remodelersadvantage.com;www.remodelersadvantage.com.

About the Author

Linda Case

Linda Case is founder of Remodelers Advantage, a company providing business solutions through a network of experts and peers. She is the author of "Mastering the Business of Remodeling" and "The Remodeler’s Guide to Making and Managing Money, A Step-by-Step Guide to Creating an Action Plan for Profit in Your Business," among other titles. She originally appeared in REMODELING magazine in 1986 with her column “Image,” which quickly expanded beyond marketing and public relations topics to cover every aspect of a remodeling company’s business practices. She retired in 2011.

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