Welcome to the 7th annual Top 50 Builders issue.
I wish I could fill this year’s edition with news of prosperity and growth, but even if I did, you’d know better. The truth is, 2007 was rough — and 2008 looks to be even rougher.
But rather than only report on how miserable everything is, we decided to take a more solution-oriented approach and examine what pool builders are doing to increase revenue and cut expenses during this historic downturn.
For example, Adams Pool Solutions opened shop in three resort locations in Mexico, where CEO Tony Adams saw weak competition and plenty of growth potential.
Back in the states, Patio Pools & Spas adopted a four-day work week, and though it seems counterintuitive, President Mark Ragel has seen significant savings with this new arrangement, and no loss of productivity.
On a different note, Mission Pools Inc. wanted a quick, easy way to cut costs, so it invited different health-care providers to bid on its benefits package. The result was an $150,000 annual boost to the bottom line.
Granted, many of these tips are custom-made for specific firms and may not work for your needs. Still, one idea could provide inspiration, resulting in much-needed relief during a challenging time.
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