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Achieving 150x Growth: How Kustom US Is Bringing New Thinking to a Third-Generation Business

In this episode of Ask the Expert, Andrew Zavodney, chairman of the board and CEO, talks about Kustom’s investment in company culture, employee value proposition, corporate governance, M&A due diligence, transparency, accountability and scaling without private equity. He also discusses his role as vice president of the Restoration Industry Association.

Ask Annissa: How to Handle Specialty Items in Contents Restoration

In this episode of Ask Annissa, Annissa Coy answers the following question: “I was wondering how you handle so many different specialty type things that we need to clean when it comes to contents restoration. For instance, I have a home that had a light fire and they have a six-foot, mounted bear that was in the living room.”

Restoration Transaction Lesson 7: Leverage

In part seven of the “7 Lessons Learned from $500 Million in Restoration Transactions” series, Gokul Padmanabhan, CEO of Restoration Brokers of America, discusses the importance of leverage in maximizing the sale of your business. “Once the LOI is done, the leverage transfers over to the buyer and comes away from you,” he says.

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What's Next for Restoration? 2022 Trends and Predictions

“We have reached an inflection point,” Andrew Zavodney writes. “We can choose to evolve, carefully striking a balance between innovation and margins, or choose complacency, watching operational costs tick upward and diminish earnings. So for those looking to spark positive change across your organization, here are the headwinds that should be on your radar.”

When it Comes to Hiring, Nurture Your Silver Medalists

A coach’s immediate strategy is grooming their silver medalists to become the gold standard in future Olympics. The same can be said for finding talent to add to your team. Many times the silver medalists (“B” players) are undervalued and passed over while an organization searches for the gold.

How to Train Someone From Outside or Inside the Restoration Industry

Hiring outside the industry brings fresh ideas to your organization. It is a necessity for overcoming labor shortages and has many other advantages like avoiding the need to overcome bad habits that sometimes come with experience. You have a clean slate to train. So, now what?

RandRmagonline.com | April 2022