Monthly Archives: February 2014

Ally unexpectedly “wins” battle; war on dealer payments undecided

(For background on the auto dealer participation battle with regulators, see our previous posts on the topic.) As the brouhaha on auto dealer participation reached its peak in late 2013, the CFPB claimed a victory with a $98 million settlement of discrimination claims against Ally Financial.  But now that the details are out, it appears […]

What’s Your Specialty?

Finding your niche in a vast home improvement market is easier said than done. It requires experience above all else to determine what you do best—better than the rest of the competition. Once you have a solid understanding of your specialty in your market, consider how well you advertise it to potential customers. Maybe your […]

Staged funding is not a requirement, part 2

In the last post, we left you hanging with the assertion that staged funding is not a requirement to do business in our niche.  Before we can show you why, we need to quickly go over a couple of financial analysis and commercial banking topics. Opportunity Cost This question is one of trade-offs.  When evaluating […]

Projections of Remodeling Industry Growth in Early 2014

According to the Leading Indicator of Remodeling Activity (LIRA), home improvement spending is expected to increase significantly in the first half of 2014. By the second half of the year, spending growth should round to approximately 10% gains. See the graph below for a more comprehensive view of this projected growth: This is welcome news […]