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Tools Help Increase Business Efficiency in Sagging Economy
In a soft economy, NAHB’s Business Management and Information Technology Department is providing builders and associate members with the tools they need to bolster profits by increasing the efficiency of their business operations as they plan for the future.
Following are resources available from NAHB:
BizTools
BizTools is the Business Management Department’s hub for articles written by builders, remodelers, associates and staff members offering tips and suggestions to increase efficiency in all aspects of business — including sales and marketing, technology, accounting, human resource management and more. Many of the materials in BizTools have been supplemented to address the credit crunch. Topics include:
Builder Business Guides
These guides provide members with tips on technology and business planning aimed at ensuring the financial health of their businesses. Each guide includes member-written articles on improving business — especially in tough times.The new 2009 Biztools Builder Business Guides include:
- “Information Technology for Home Builders: Using Technology to Increase Efficiency”
- “Business Management for Home Builders: Succession Planning to Map Your Future”
- “Financial Management for Home Builders: Understanding Cash Flow”
To access the guides, click here.
Audio Conferences
Audio conferences and Web seminars on timely topics continue to be available to members after their initial air date:
Technology & Business Management Solutions Directory
Easy to use, NAHB’s Technology Solutions Directory (TSD) enables builders, remodelers, contractors and other industry professionals to find information on software, IT solutions and services for their businesses.
Software and technology solutions providers interested in being listed can sign up for:
- Enhanced Listing — Listing includes company name, URL, e-mail address, mailing address, phone number, company/product description, company logo (NAHB member price, $50; non-member, $75).
- Standard Listing — Listing includes company name and phone number (free to NAHB members; $50 to non- members).
The directory ― an online, publicly accessible resource — helps building professionals find software and building technology providers for everything from construction-based accounting and budgeting to Computer Aided Drafting and Design (CADD). Users will also find companies providing services such as Web management, IT consulting and financial control.
Business of Building e/Source
This monthly e-newsletter features brief articles to help builders and remodelers run their companies more profitably and productively. Each issue includes tips for builders by builders — tested information from the field and front lines that can be immediately implemented by a business.
Cost of Doing Business Study
This study is based on the results of a financial survey conducted by NAHB in 2007 and updated in 2008. This one-of-a-kind resource gives NAHB members the unique opportunity to compare themselves with hundreds of other builders across the country on profitability, cost of sales and expenses. Several categories — including volume, operation type and land vs. no land costs — are analyzed to help builders fine-tune comparisons between study results and their companies. These categories have been analyzed, where applicable, by average and by the top and bottom 25% of performers by net profitability.
For more information on business management and technology resources available from NAHB, e-mail Josh Nester, or call him at 800-368-5242 x8461.
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