NBN Online for the week of October 13, 2008

(Plain Text Version) for full graphical version, click here.

In This Issue:

Front Page
States, Cities Told Housing Needed to End Revenue Slump
NAHB Achievement Award Honors ‘Extreme Makeover: Home Edition’
Clarification on Extension of Energy Tax Provisions
Coast to Coast
Mortgage Last Loan People Pay, Study Finds
Politics & Government
Build on Change, Attend SLGA Conference in November
Economics & Finance
Builders Can Rehab Foreclosed Homes for HUD Program
Mortgage Insurance Tax-Deductible for Some Home Buyers
Household Budgets Stretched Thin by Housing Costs, Study Finds
Get Essential Housing Analysis at Construction Forecast Conference
Useful Links to Monitor Economic and Housing Trends
IBS
Daily Speakers at IBS to Give Tips on Surviving Downturn
Register for the 2009 Builders' Show in Las Vegas
Think — and Act — Radically About Industry Education. Sign Up at IBS
Downturn
How to Compete for Sales in a Fearful Market
Improve Daily Operations Using Available Technology
Learn About Diversifying Into Light Commercial Market
Tips
Builders’ Tip: Bend PVC Pipe Without Putting a Kink in It
Technology
Home Technology Within Reach of Average Buyers
50Plus Housing
National Debt Called a Threat to Well-Being of the Elderly
Best of 50+ Housing Awards Open for Nominations
Revolutionary Ideas for 50+ Market at Boomers and Beyond in Philly
Multifamily
Multifamily Builders Report Summer Credit Tightening
Enter Pillars of Industry Multifamily Awards by Nov. 21
Remodelers
Energy Tax Credits Available in 2009 for Existing Home Owners
Plan a Local Event Around the Lead Paint Audio Seminar
Member Profile: Surviving Through Sharing Ideas
Building Systems
SHOWCASE Offers Solutions in a Challenging Market
Education
Education Calendar
Green Building
Landscaping Represents Missed ‘Green’ Opportunities
Construction Safety
NAHB SAFE Award Fee Waived, Deadline Extended to Oct. 31
disaster relief
‘Gifts In Kind’ Donations Aiding Hurricane Ike Victims
Sales
Enter The Nationals Sales and Marketing Awards by Oct. 17
hbi
HBI Leader Bill Paul Named Florida Builder of the Year
Building Products
CertainTeed Web Site Provides Ideas for a Dream Porch
TV
NAHB-Produced Programs on DIY, Fine Living and HGTV
Endowment
Submissions for Lee S. Evans Scholarships Due Nov. 21
Applications for Endowment IBS Scholarships Due Oct. 31
Association News
CBIA Mourns Loss of Chairman Raymond Becker
GM $500 Private Offer: Easy as 1-2-3
Williams Scotsman Offers One Month Free Rent, $50 Gas Gift Card
Members, Save 10% at Omaha Steaks When Shopping Online
Save $25 on Hertz ‘Green,’ ‘Fun’ or ‘Prestige’ Weekly Rentals
UPS Offers Up to 30% Discount to NAHB Members on Shipping
Calendar of Events
NAHB Career Center

Related Articles

How to Compete for Sales in a Fearful Market

Learn About Diversifying Into Light Commercial Market

Improve Daily Operations Using Available Technology

Your outlook dictates how well technology can help run your business. Technology becomes more valuable once you understand where and how it can help you.

Some builders, contractors  and business owners see computers as more of an obstacle to running their business than a help, but software can improve communication, efficiency and documentation and put you in a better competitive position — especially in a down market.

There is no paradigm to determine the exact level of technology for your company. It is something you have to evaluate on a periodic basis. But the more technology you use, the more time can be saved and efficiency can be improved.

Technology’s Best Applications

Computers and software are most beneficial when used for the following:

  • Speeding up and systematizing repetitive tasks
  • Performing calculations and complex functions
  • Sharing information and communication
  • Organizing and documenting


Evaluate the types of software tools available to help run a business ― whether you are a one-man custom home builder or part of a larger company building hundreds of homes. Compare your needs to the capabilities of available software to find the level of technology that’s right.

Use What Works for You

Start with general and flexible software.

Most builders start by using a combination of Excel and accounting software and e-mail.

Excel software can be used to manage schedules, task lists and punch lists, as well as to perform calculation functions such as estimating. 

Accounting software, like QuickBooks, can be used for purchasing, budgeting and cash management. 

E-mail can be used to communicate with and transfer documents to trade partners and home buyers.

These flexible software applications can be used to meet specific builder needs and are a good starting point.

Use application software to meet specific needs.

Numerous software applications are available to meet the specific needs of builders. These include drafting, estimating, punch lists and scheduling, change orders and, more recently, selections and warranty. 

These applications can be highly efficient; they are designed to meet specific needs and are easy to implement.

Look to integrated solutions once you’ve got your feet wet.

Once your business reaches an elevated plateau, you will want to use an integrated solution. Efficiency jumps once information flows seamlessly through all your business functions.

With integrated solutions, selection information can flow to estimating, sales and purchasing in a timely and seamless process that increases efficiency. Similarly, change orders in the field can be transmitted electronically to your proper departments to improve budgeting and scheduling.

Better Business Management

Seamless technology that integrates selection decisions and schedule changes with overall business operations is a good example of how technology can improve business management.

Having to call all the parties affected by changes or selections can be time-consuming — some details can get lost during this type of communication and there is no documentation.

Faxing is almost as slow, but at least it provides a documented record. 

E-mailing multiple parties is fast and well-documented, but this process is not necessarily organized and requires you to initiate the process.

Application software, on the other hand, can automatically notify all parties instantly and accurately. Integrated solutions can further update effected functions like purchasing requirements and task lists.

Using technology to improve business efficiency will increase profits and keep a business on track. It also will create satisfied customers

To learn more about technology applications that can help improve your business, visit NAHB’s Technology Solutions Directory

Andy Elsbury, a member of NAHB’s Custom Home Builders Committee, is the founder of Indianapolis-based SelectionWare, which provides consulting services and solutions for home builders to improve the building process. For more information, e-mail Elsbury, call him at 866-585-9222 or visit the SelectionWare Web site at www.SelectionWare.com.



NAHB Has Nearly 300 Resources to Help You Run Your Business More Profitably

Go to NAHB's Business Management Tools Web pages (available to members only) for instant access to nearly 300 timesaving, moneymaking and cost-cutting business resources to help you run your business more profitably. Get guidance on accounting and financial management, business strategy, computers and information technology, customer service, human resources and more.

Resources are added weekly, so bookmark www.nahb.org/biztools to go directly to these vital business management resources.

Local and state home builders associations can link directly to www.nahb.org/biztools from their Web site and give their members instant access to these resources. It will make your HBA's Web site the place to go for the information and guidance that members need to succeed.



Add Success to Your Schedule

Missing a deadline can seriously damage your bottom line. The "Scheduling" course from The NAHB University of Housing shows building professionals how to set workable schedules and use various time-management tools.

The course teaches the benefits of scheduling and integrating scheduling with other management activities and will help builders, remodelers and site managers deal with those days when nothing goes according to plan.

Find upcoming Scheduling courses here, or call 800-368-5242 x8154 for more information.



Free NAHB Kit Gives Builders Back-to-Basics Tips to Navigate the Slowdown

What was once expected to be a relatively mild housing slump following three years of record new home construction and sales has given way to a significant downturn.

To help members navigate the uncharted waters of this slowdown, NAHB has compiled a comprehensive “Back to Basics” online toolkit — the best of the basics, the tried and true and the truly new. To access the toolkit, click here.

To access the “Back to Basics” toolkit, you must be an NAHB member and have a login to www.nahb.org. To create a login, go to www.nahb.org/login or click on the log-in button on the main menu bar.

For assistance, call the NAHB Member Service Center at 800-368-5242.


 

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