Monthly Professionals Update
March 2016
In This Issue
Quick Links
 
 
 
   
 
How do you develop responsible, trustworthy and accountable employees?
 
For many small business owners, the challenge of building a stronger team starts with YOU!

The number one reason why employees don't accept responsibility and "self-start" on key tasks is they don't know exactly what to do.

Here are 4 ways to be a better leader to your team:

1)  The assignment is clear when they can explain it to you. First tell them, show them, and make a list of steps or materials. Then ask them to explain it back to you!   Going too fast through the instructions or not asking for confirmation is a common mistake in delegating.

2)  Use a scorecard to track progress. Everyone likes to know what they're being measured by.  Establish what results are expected and by when.  Then measure progress to goal.

3)  Don't control, instead coach. The more you control, the less they have to think.  Instead, give them tips, ask them questions.    Ask them what options they see.

4)  Reward successes. Recognize and praise when a job is well done.  Look for the good instead of always finding what's wrong.   
Have a successful season!

The Team at CPS

It's time for Colorado and Wyoming's Premier Irrigation, Landscape & Water Well Trade Show!
 
NEW LOCATION:
The Denver Mart (I-25 and 58th Avenue) 451 East 58th Ave, Denver 80216 

DATE / TIME:   Thursday, March 10th exhibits 7AM to 3PM, seminars in morning and afternoon.
 
VENDOR BOOTHS:  Meet with over 60 vendors from the irrigation, landscape and water well industries and see what is new for 2016.

FREE SEMINARS:  Attend business and technical seminars that are CE accredited from NALP and the Colorado and Wyoming pump and well organizations.

FREE LUNCH:  Enjoy a delicious BBQ lunch served from Noon to 1:30 p.m.

SUPER BUYS:  One day specials on the products you need for upcoming jobs.  Order during Spring Fling for best pricing!

PRODUCT SPECIALS:  We will have exciting deals for the entire day.

GRAND PRIZE GIVEAWAY!!
 

 

 

 
STARTING ON MARCH 10, 2016!!!

SIGN UP AT SPRING FLING!!! 

4th Business Excellence Luncheon

CPS hosted our 4th Annual Business Excellence Luncheon with the program, Climb Your Everest. 

The program started with our President/CEO of CPS, Lowell Kaufhold discussing Culture, Leadership and Strategic Planning. 

Our featured keynote speaker, Jon Kedrowski, Ph.D, world-renowned mountain climber and author, talked about the lessons he learned conquering extreme mountain peaks including Mount Everest. Jon shared stories of goal-setting, teamwork, and perseverance. The very elements in the workplace as well as the foundation of his successes on Everest, the 14ers in Colorado, and the Cascade Volcanoes. 
Follow Jon on his website here.

We thank Jon for sharing the journey to Mount Everest.  We now have an understanding that the summit may only be reached and savored for a short time while the lessons learned along the way may be the ultimate definition of success.  Thank you to our event sponsor, Rain Bird and our co-sponsor Lasco Fittings for your support of this event.

Examples of Bold Companies Outpacing The Market  
Courtesy Industry Consultant Jeffrey Scott

Have you ever lost 20% of your business in one fell swoop? A new peer group member of mine decided to not get upset when a half million of his business walked out the door. Instead of chasing growth, he opted to shrink the company (temporarily), giving the company a good prune like an overgrown tree. The result? A swing of $440,000 in profit to the good, nice bonuses paid out and a new full benefits package announced. Plans for next year? Another $150,000 in additional profit planned. Now that is bold!
 
What do successful contractors have in common? They make bold moves in good times and bad, and consistently outpace the market
 
Here are 6 more examples of inspiring Bold Moves, taken straight from my notes of a recent peer group meeting I led this month.
  1. Efficiency gains: After I measured each member's efficiency, one contractor decided to focus on the bold goal of increasing efficiency from 75% upwards to 95% - this will add a huge amount of value to clients, employees and the company. (How much waste are you tolerating?)
  2. Client spin off: A company with a commercial and residential split focus decided to eliminate one of the two focuses, and shift the company towards a single client segment. He decided that less is more! (Are you over extended?)
  3. Family performance: A family-run business is transforming itself with the CEO asking the other family members to raise their productivity to market levels to stay viable in their positions. (Are people too comfortable in your company?)
  4. Raise profit expectations: Another contractor has enjoyed a low debt company making average profits. He boldly announced he would ask his leadership team to hit 15%, by enacting more detailed budgeting, consistent accountability and ruthless tracking of inefficiencies and job costs. (Are your expectations too low? Who is raising the bar for you?)
  5. Double your output: A midwest company owner is asking his long standing employee (and good friend) to focus his role and double his sales output. This new sales target is in line with high-profit standards. (How would your company perform if each salesperson performed at or near the highest expectations?)
  6. On the bus or off: A fast growing, profitable firm gave one of its key leaders an ultimatum - get in line with our values. This person is key, but this bold conversation will reap big rewards. (Is there a difficult conversation you need to have?)
Click to read the full article.    
Impact of Uncollected Customer Payments     

Uncollected customer payments can really pinch your bottom line.    
 
For the typical contractor, $1,000 uncollected requires $15,000 in additional new sales to recoup the lost profits.
           
Click to view the chart larger.
      
 
World's Best 3/4" Rotors Equipped to Handle Higher Pressures
 
The Pressure Regulated Body for the Hunter PGP-04 and I-20 rotors will take incoming pressures of 50-100 PSI and reduce them to 45 PSI, delivering valuable water savings.

The Hunter PRB rotors allow the nozzles to operate at peak efficiency.  Having the pressure regulator in the body allows it to remain in place and functional even if the original riser is removed and replaced for service.   This product will be available at our stores in early 2016.

Earn Rebates on Your Toro & Irritrol Purchases 

Earn up to 4% back, plus access to many business-building tools and programs.

 
Contractor's Choice™ is the only contractor rewards program that offers rebates on the combined purchases of 2 irrigation brands! 
Maximize your reward by pooling your purchases.
Simple program structure  
It's easy to calculate your rewards with Contractor's Choice. We use a straight-forward formula that is fair to all customers, regardless of size.
Earn more on new/featured products 
The Toro and Irritrol brands continue to raise the bar with innovation. Watch for special offers on new and select products.

 
Advance registration is required to begin earning program rebates and to access other benefits.  Visit the program site to see full program details and requirements. 


Spring Start Ups Made Easy with the Zurn Wilkins 300 Series 

Spring is just around the corner, and so is irrigation system start-up. When starting up an irrigation system, the service line leading to the backflow preventer should be flushed to eliminate debris that can foul checks.
 
The Zurn Wilkins 300 Series has a pressure vessel that can be removed and replaced in seconds, significantly decreasing water system downtime. Zurn Wilkins offers a Blow-Out/Flush (BOF) fitting for the 300 Series that eases start-up flushing. Simply remove the pressure vessel and install the BOF, turn on the water to flush, and then reinstall the perfectly clean pressure vessel. 
 
The Zurn Wilkins 300 Series is available from us in Model 375 Reduced Pressure Principle Backflow Preventers.
 
Watch the Recomissioning your Irrigation System in the Spring video, or the 375 Upgrades Video on the One Zurn YouTube Channel for more information.