Business owners often learn how to run a successful company the hard way — through trial and error. Builders no longer have to rely on this haphazard approach to entrepreneurship. BuilderBooks, the publishing arm of NAHB recently released Survive and Thrive in Building: Fundamentals of Business Management, which covers basic, but essential knowledge for running a successful company.
Survive and Thrive in Building: Fundamentals of Business Management serves as a guide for helping builders better understand the challenges and responsibilities that accompany owning a business. It is written both for those who are new to residential construction and for the veteran builder. Survive and Thrive in Building draws on the wisdom of industry experts by sharing their experiences in crucial areas of the home building business such as finance, marketing, law, the work force and quality management. It shows builders how to construct a foundation for their business that is as strong as those on which they build their homes.
‘This new title from NAHB offers useful information for those interested in starting up a home building business, as well as tips for veteran builders looking to hone their business skills,’ said NAHB Chairman Barry Rutenberg, a home builder from Gainesville, Fla. ‘This book serves as a guide to help builders understand the challenges and responsibilities of business ownership, and provides them with the tools to be able to thrive in any type of market.’
This comprehensive resource shows builders how to:
- Find a sustainable market niche
- Get project financing
- Market their homes
- Achieve an optimal balance between sales volume and profit margin
- Understand financial reports
- Organize and insure a company to minimize risk
- Find and keep the best employees and trade contractors
Survive and Thrive in Building provides the knowledge, skills and strategies that can be applied to foster lasting success in the home building industry. A glossary and a list of resources are included.
Survive and Thrive in Building: Fundamentals of Business Management is available for purchase at www.BuilderBooks.com or by calling (800) 223-2665. Soft-cover/312pages, $39.95 retail, $35.95 NAHB member, ISBN 978-0-86718-677-2.Share