Free Resources for Remodelers

Enhance Your Financial Management with 5 Free Resources

To operate a successful remodeling business, you need to have both the skills of a craftsman and the ability to manage your finances well. Mismanaging or misunderstanding your finances can quickly lead to serious problems and stress about where the money is going and why you’re not more profitable. That’s why we created 5 free resources to make financial management for remodelers straightforward and effective.

 

Download These 5 Resources!

Comprehensive Financial Recap Exercise

This exercise offers an in-depth review of your business’s financial status, providing insights into your financial health. Utilize this tool periodically to keep track of financial performance trends and make necessary adjustments.

Business Budget Creation Tutorial

Creating a realistic budget is the first step in financial discipline. This tutorial breaks down the process into manageable steps, ensuring you cover all aspects of your business expenses and revenue streams for more accurate budgeting and planning.

Detailed Employee Labor Burden Calculator

This calculator extends beyond basic wage calculations to include hidden costs such as benefits, insurance, and more. Understanding the full cost associated with each employee is vital for setting project quotations and maintaining profitability.

Markup vs. Margin Explained

Confusion between markup and margin can lead to pricing errors. This training clarifies each concept and illustrates how to apply them correctly in pricing strategies. Through examples and scenarios common in remodeling, this guide helps prevent common financial pitfalls.

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Financial Forecasting Spreadsheet

Use this tool to simulate future financial scenarios based on current and projected business activities. Adjust variables to see potential outcomes for better decision-making. This forecasting tool is critical for planning investments, savings, and understanding possible financial futures.

More Free Resources

• Remodelers Community: This is a great and free private Facebook group that I run. Has a lot of great conversation and sharing from over 2,000+ quality remodelers

• Remodelers Vault – This is a resource for residential remodelers to view and use resources created by and for remodelers. The resources/templates/tools in the Vault will help you strengthen your remodeling business, sharpen your sales process, improve your marketing, gain clarity of your financials, and much more!

• Remodelers On The Rise Podcast – There are over 300 episodes of interviews with fellow remodelers, industry leaders, and my own riffs on important topics (like getting your job costing under control!). And for even more podcasts to help your business we have created a list of our favorites. 

Frequently Asked Questions About Financial Management Resources for Remodelers

These resources are designed to address common financial challenges faced by remodeling businesses. They help by providing practical tools and knowledge for budget planning, labor costs management, understanding pricing strategies (markup vs. margin), and financial forecasting. By implementing these resources, business owners can streamline their financial processes, improve profitability, and make informed decisions about future investments and expenses.

Yes, these resources are beneficial for remodeling businesses at various stages, whether you're just starting out, looking to expand, or aiming to optimize existing operations. Each tool can be adapted to your specific business needs, allowing for scalable and flexible applications.



Absolutely. Specifically, the "Markup vs. Margin Explained" resource is dedicated to helping you understand these critical concepts influencing pricing strategies. By mastering the differences between markup and margin, you can set prices that cover your costs and desired profit margins, ensuring the financial health of your business.





The resources are designed to be user-friendly and accessible for those with basic financial and spreadsheet knowledge. Most tools can be utilized with common software applications like Microsoft Excel or Google Sheets, ensuring ease of use without the need for specialized financial software.