Education

BM114 The Numbers Behind a Successful Remodeling Company

October 18, 2022  |  10:15AM - 12:15PM

Room: Coming Soon
Track: Business Management
Session Code: BM114
Session Type: NCBI
CE Credit: 2

Knowing your numbers is the first step in creating a successful remodeling business. First, this class will review the typical structure, function, and processes of a remodeling company. We will discuss overhead structure, profit and loss statements, and why it is nearly impossible to do both new construction and remodeling successfully. At the end of this class, you will be able to determine your overhead, your markup, and calculate, using numbers, what your yearly profit will be.


Speaker

Erik Anderson
CGR, CGB, GMB, CAPS

DreamMaker Kitchen & Bath, a division of Anderson-Moore Builders

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Erik Anderson is Vice President of DreamMaker Kitchen and Bath, a division of Anderson Moore Builders, Inc. in Winston-Salem. Erik was the President of the North Carolina Home Builders Association in 2012 and is a member of the Builders Mutual Insurance Co. Board of Directors. As President of the Home Builders Association of Winston Salem (HBAWS), he was instrumental in creating and implementing a mandatory continuing education requirement for all builder members. In 2005, he was given the Builder of the Year award from the HBAWS. His company has been selected as one of the Big 50 Remodeling companies as well as National Remodeler of the Month, Regional Contractor of the Year, North Carolina Remodeler of the Year, and has been listed in the Top 500 Contractors in America for the last 5 years. Erik has a Civil Engineering Degree from North Carolina State University and a Masters in Business Administration from the University of Pittsburgh. He also has the NAHB designations of CGR, CGB, GMB, and CAPS.

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