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Imagine piloting a rocket through the asteroid belt without any lights or instruments! It sounds funny but this is what many restorers do when their financials are not properly set up and understood to tell them the “story of their business”.
Your financials will tell you the story of your business and what actions you need to take and when but only if you know how to listen!
Unlock the key to growing your profits and managing your business without the owner being involved in every meeting and every decision by learning your financials and what metrics matter most.
Once you understand how to measure, track and improve these metrics you will have the tools necessary to build a fantastic management team, install a management system and grow a world-class business. Finally, you will be able to allow a leadership team to take some of the burden off your shoulders so you can spend more of your time working “on” the business and not “in” it!
BDA can help you set up or revise your financials, as well as train you and your team to produce and utilize the necessary reports so your profits are no longer what happens to be left over but are intentional and in cash at the end of the quarter and the year. Gone will be the nasty tax surprises or not paying yourself first.
Far too many business owners are focused on the “vanity number” of gross sales revenues. It sounds great to talk about owning a $5 or $10 million company. But let’s be honest. Who cares about top line? In other words, it’s not about the revenue that you generate but how much of it you have left at the end of the year—in cash!
Another way to say this is, “Sales are for show, profits are for dough!”
Many entrepreneurs may have childhood programming that getting rich is bad for some reason. But after ten or twenty years in the trenches trying to make a business work, they often realize that if they are going to put in this much blood, sweat and tears, they should get the maximum return on their investment!
It’s then that they will acknowledge that the entire purpose of their business is to maximize net profits! Because that is how you become wealthy.
At BDA, you’ll have experts in the restoration business from an operations, management and financial perspective looking for ways to operate your business more efficiently and more profitably. Step-by-step, your business will be analyzed looking for a percentage point here, a half a point there and pretty soon you’re talking about real money.
Today’s marketing environment requires restorers to be aggressively seeking to run better and more efficient companies, to wisely outsource, to manage better, to do more with less and BDA can help. We have the knowledge, the resources and the connections to make an immediate impact when engaged for this purpose.
Anyone who works as hard as most restorers (and most entrepreneurs in general) only to earn a decent living and never achieve true financial freedom is a crime!
At BDA we have created marketing strategies for scores of restorers that have
allowed them to break through the clutter, communicate a powerful value proposition
and drive the growth of their business.
In fact, BDA clients have generated well over $100 million in new business so they are not at the mercy of TPAs, weather or good luck.
Together, we will install our proprietary sales and marketing programs and will be
relentlessly focused on building and developing your outside sales/business development team and creating referral relationships with agents, plumbers, Property
and Facility Managers, adjusters and more.
We will implement best practices in terms of sales process, sales programs, hiring,
onboarding and training, sales management, accountability, sales leadership and much more.
Your key production players (intake, mitigation and estimators / Project Managers) will learn ways to increase close rates at every step in the process. This can dramatically
Many entrepreneurs struggle for years to grow their business into the wealth generating asset they know it can be. Revenue might increase but profits only show on the books and never make it to the bank.
The dream of running a business that generates real wealth always seems just out of reach and it’s not for lack of hard work. You know something needs to change but it’s overwhelming to know where to start or what changes will actually work.
At BDA we believe every hard-working entrepreneur should have access to the resources and support required to succeed. When you have the right support and a plan to reach the next level of business growth you will be positioned to sell or pass the company on to your children and in the meantime, generate significant profit.
We have worked in the restoration business for more than 35 years and understand how industry changes are making it more difficult than ever to grow and earn the profits you deserve.
Our industry specific programs have helped our clients generate more than $100 million in new business by focusing on three key areas: