In Episode 10 of Verify In Field, we had the pleasure of hosting Ben Hudachek, the founder of BH Estimating and an expert in the millwork industry. In this captivating discussion, Ben shared invaluable insights about millwork estimating, the significance of a business mindset, and the untapped potential of the industry. Join us as we explore the key highlights from this engaging interview.
Mastering the Art of Millwork Estimating:
Ben sheds light on the crucial role of accurate estimating in the millwork trade. From comprehending project scope to leveraging specialized software, precise estimations are fundamental for profitability and customer satisfaction. BH Estimating offers a user-friendly bid analysis dashboard, available for free download on their website, to assist businesses in optimizing their estimating processes.
Embracing a Business-Oriented Approach:
Highlighting the need for a strategic perspective, Ben emphasizes the significance of stepping back and assessing the bigger picture. Irrespective of your position, dedicating time to plan and set profit goals can yield significant results. Ben recommends the book “Profit First” by Mike Michalowicz as a valuable resource for cultivating a profit-focused mindset, particularly for those involved in estimating or the business side of the millwork industry.
Unleashing the Potential of the Millwork Industry:
Amidst the challenges faced by millwork businesses, Ben’s unwavering belief in the industry’s potential shone through. He encouraged listeners to pursue their goals fervently, emphasizing that success is achievable through the right strategies, perseverance, and continuous improvement. The millwork trade offers abundant opportunities for growth and prosperity, making it a worthwhile endeavor for ambitious individuals and companies.
Conclusion:
Episode 10 featuring Ben Hudachek is a treasure trove of insights for anyone involved in the millwork industry. From the importance of accurate estimating to the value of adopting a business-oriented mindset, Ben’s expertise provides actionable takeaways for listeners. By seizing the advice shared in this episode, businesses can unlock their true potential and thrive in the dynamic world of millwork.
Listen to the Full Episode:
What You’ll Learn in Today’s Episode:
- The importance of accurate estimating in the millwork industry and how it impacts overall business success.
- Strategies for improving estimating processes and minimizing errors to increase profitability.
- How to leverage technology and software tools to streamline the estimating and bidding process.
- Key considerations for effective project planning and managing timelines in millwork projects.
- The significance of collaboration and communication between estimators, drafters, and project owners.
- Insights into the broader business side of millwork, including profit margins and financial planning.
- The value of taking a step back and analyzing the bigger picture to identify areas for improvement.
- Recommendations for resources and books to enhance business acumen and profitability in the millwork trade.
- Real-life experiences and practical advice from Ben Hudachek, a seasoned professional in millwork estimating.
- Inspiration and motivation to unlock the untapped potential of the millwork industry and achieve business success.
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