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PLACE YOUR ADVERTISEMENT HERE |
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| Manufacturers: If you are interested in placing an ad in this newsletter, contact Emma Jane Wildermuth for this and other marketing and advertising opportunities. |
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BP Welcomes New Builder Members and Manufacturer Associates |
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Builder Partnerships is pleased to announce our newest Builder Members:
Hayden Homes Krughoff Homebuilders |
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Upcoming Builder Partnerships Webinars |
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| Article Subheading
Profitable Risk Management October 22, 11am EDT, Free to attend. Sponsored by: Cobbs, Allen and Hall
Generate Your Own Traffic October 23, 11am EDT, Free to attend. Sponsored by: Builder In Touch and BUILDER Magazine
The Market Sucks! Does Your Marketing? October 28,11am EDT, Free to attend. Sponsored by: Builder In Touch
Begin the Journey Towards Recovery October 31, 11am EDT Free to attend. Sponsored by: BUILDER Magazine
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Attend the Builder Partnerships Networking Reception at IBS |
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It's time to start planning for the 4th Annual Builder Partnerships Networking Reception at the 2009 International Builder Show in Las Vegas. Read more ... |
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Builder Partnerships Manufacturer Associates |
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Volume III, Issue X
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October 2008
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| From the Desk of the CEO |
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By Glenn Singer
Just when you think things couldn't possibly get worse, they do. Since our last issue was published, we've seen some pretty dramatic changes in the global financial picture. There isn't much more to be said about it than is already being said in every news outlet in America. Instead I would like to offer some more personal advice. Read more... |
| Will the Government's Plan Save Housing? |
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By Ivy Zelman, Zelman Associates 
We believe the bailout plan could target three potential areas: (1) the purchase of mortgages and securities; (2) the purchase of foreclosed homes; and/or (3) the purchase of acquisition, development and construction loans. Read more... |
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 ADVERTISEMENT
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Shinn Consulting Provides Support
When Working with Your Banker
If you are not currently communicating and working closely with your banker on a regular basis, you need to be. Shinn Consulting has been working with several builders to educate and convince their bankers that it is best to work with the builder instead of applying pressure and foreclosure in the current housing recession. Read more... |
| 50 Mistakes Builders Make, Part 4: Inefficient and Ineffective Systems and Processes |
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By Charles C. Shinn, Jr., Ph.D.
Shinn Consulting
This month, I will focus specifically on inefficient and ineffective systems and processes. Systems and processes typically are not well planned and tend to become cumbersome and inefficient over time. This is especially true when they become over taxed, as was the case during the last years of the housing boom. Instead of becoming simpler they became more complex with additional steps and human involvement to try to keep the systems and processes operational. Even as a custom builder, you must evaluate and standardize your systems and processes as much as possible. If you do not, you will be reinventing the wheel with each house you build and will be wasting a lot of time and money because of the inefficiencies. Read more... |
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Wayne-Dalton to Offer Home Controls Package to Homebuyers |
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The headlines remind us daily of the difficult times facing the home building industry. What are your options as a home builder? How can homebuilders find opportunities in this challenging time? Differentiate. It all starts with the Wayne-Dalton garage door opener. Read more... |
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ADVERTISEMENT |
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Needed: Professionals Willing to Share
Their Career Story
Kuder, Inc. wants your help inspiring students who explore careers for their future through Person Match. Person Match is an Internet-based component of the Kuder Career Planning System, which offers a series of research-based assessments and comprehensive resources to aid in career planning. Much like the Shinn Group, Kuder, Inc. is devoted to making communication easier and information more accessible. Person Match is a tool that helps students to hear about a particular occupation from the highest of experts - you! Read more... |
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Creating and Maintaining Company Value Throughout the Cycles |
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By Ronald J. Robichaud, Managing Director, Robichaud Financial Services In recent years many companies that have been successful financially are the product of an extremely strong and forgiving market. What is being largely ignored is that truly valuable / successful companies are structured for every step of the cycle. They understand that three fundamental components of the system determine success and have to be designed appropriately to enhance and support each other and that each has to be constantly evaluated and improved upon. The three are Strategic Vision, Operations Excellence, and Capital Structure. This article will focus on the importance of maintaining a good Capital Structure. Read more... |
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Alternatives to Managing Risk
Offered to BP Members |
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The liability insurance market today for builders has improved considerably since the exit of the major players in the late 1990s. However, a detailed look at the new products available to builders reveals that while prices have come down, it has been at the cost of coverage for many builders. Insurance companies, hit hard by class action lawsuits against builders 10 years ago, are trying to limit their exposure to class action lawsuits today. This leaves the builder unprotected against a true catastrophic event - the very reason builders buy liability insurance in the first place. Read more... |
| Great American Fire Drill Helps Children
Create a Home Fire Escape Plan |
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The annual Great American Fire Drill is taking place across the nation in October, and PEARL ProtectedŽ is partnering with local fire experts to teach children the importance of having a fire escape. Sponsored by PEARL ProtectedŽ, creators of the patented Permanent Escape And Rescue Ladder (PEARLŽ) for two and three-story homes, the events taught children how to create and practice a home fire escape plan. Read more... |
Increase Productivity with Accurate
Option Management |
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The ability to manage options in CAD drawings and bill of materials (BOMs) is at the core to success and profitability of a home builder. In addition to the CAD drawings and estimates, option management includes accurate option costing for each and every option and option combination. The completion of these tasks is not only critical to fully understand how to build the house, but to also understand the cost, price and therefore profit margin to the builder. Read more... |
| Glenn Singer to Speak at Forum |
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| Builder Partnerships' CEO Glenn Singer is participating in a Professional Builder Special Business Forum called "Controlling Costs When You (and Your Suppliers) Are Stretched Thin." Held on Tuesday, October 21, in Vienna, Va., three panel presentations will bring together top-name homebuilders, suppliers, technology consultants and construction-business experts. Glenn's panel will focus on Supply Chain Management. Live demos will be available from Hyphen Solutions: Web-based scheduling and supply chain management tools. For more information, contact Judy Brociek at: 630.288.8184. |
| Deadlines for Lee Evans Awards |
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The deadline for the The National Housing Endowment/Lee S. Evans Scholarship is November 21. For more information, visit http://www.nationalhousingendowment.org/Scholarships.htm. The deadline for the Lee Evans Award for Management Excellence, given annually to a top builder who displays exceptional, sound management principles, is January 15, 2009. For more information, visit www.leeevansgroup.com. |
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BP Online and in the News |
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Builder Partnerships members and associates are regularly featured in online magazines.
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