Kitchen and Bath Business and Project Management, with Website

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Gewicht:
1406 g
Format:
277x218x23 mm
Beschreibung:
Kitchen & Bath Business Project Management, Second Edition is a comprehensive guide to professional practice for the kitchen and bath professional. This one-stop reference is based on the real-world experiences of kitchen and bath experts to ensure success in business and professional life. Kitchen & Bath Business Project Management, Second Edition is illustrated in full color throughout with improved graphic design so that visual learners can easily absorb both technical and professional practice information. This book also includes access to a companion website with easily customizable forms for increased efficiency, and an Instructor s Manual.
A comprehensive guide to operating a kitchen and bath firm and completing projects successfully Combining Kitchen & Bath Business Management and Kitchen & Bath Project Management, this is a definitive guide to professional practice for the kitchen and bath industry. The book shares winning strategies for achieving business goals and avoiding common pitfalls in running a firm. It offers vital project management guidance on product installation, estimating, and the people skills needed to handle both tradespeople and clients. The book also features access to a companion website with customizable forms and an instructor's manual. Kitchen & Bath Business and Project Management is one of a series of volumes in the National Kitchen & Bath Association's Professional Resource Library. As the only not-for-profit trade association dedicated exclusively to the kitchen and bath industry, the NKBA is the leading source of information and education for professionals. Essential information on: Business Management * Business Plans * Financial Controls * Human Resources * Vendor Selection * Branding and Marketing Project Management * Project Preparation * Project Scheduling * Preinstallation Conference and Checklist * Realistic Product Expectations * Managing the Jobsite
introduction xv
 
Acknowledgements xxi
 
CHAPTER 1 Getting Started 1
 
Do You have What it Takes? 2
 
Evaluate Yourself 4
 
Before You Start 8
 
Why Many Companies Do Not Make It 10
 
Avoid These Common Mistakes 11
 
Getting Help from Advisors and Mentors 12
 
Summary 12
 
Review Questions 12
 
CHAPTER 2 Planning Your Business 15
 
What Type of Kitchen and Bath Business are You Going to Operate? 15
 
Your Business Selection Criteria 17
 
Deciding on the Right Business 17
 
Choosing a Name for Your Business 18
 
Stages of Company Growth 18
 
Short- and Long-Term Planning 20
 
How to Create a Strategic Business Plan for a Kitchen/Bath Dealer 21
 
Researching the Market 33
 
Preparing Your Business Plan 35
 
Reviewing Your Plan 40
 
Summary 40
 
Review Questions 41
 
CHAPTER 3 Business Start-up Issues 43
 
Choosing the Business Legal Structure 43
 
Other Requirements and Considerations 50
 
Location, Location, Location 51
 
Financing the Business 55
 
A Look at Taxes 60
 
Selecting Vendor Partners 61
 
Buying Groups--Sharing Expertise 63
 
Joining the Business Community 64
 
Taking Advantage of Outside Help 65
 
Summary 66
 
Review Questions 66
 
CHAPTER 4 Accounting and Record Keeping 67
 
Why You Need to Keep Good Records 69
 
Establishing Bookkeeping Procedures 70
 
Choosing an Accounting System 70
 
What to Keep Track of 71
 
Accounting Software for Your Business 73
 
Record-Keeping and Administrative Needs 74
 
Hiring an Accountant or Bookkeeper 76
 
Budgeting for Profit and Cash Flow 76
 
Summary 83
 
Review Questions 83
 
CHAPTER 5 Financial Controls 85
 
Understanding Financial Statements 85
 
Chart of Accounts 86
 
Balance Sheet 95
 
Cash Flow Analysis 98
 
Financial Ratio Analysis 103
 
Gross Margin 105
 
Ideas on How to Improve Gross Margins 108
 
Summary 120
 
Review Questions 120
 
CHAPTER 6 Protecting Your Business 121
 
Business Legal Structure 122
 
Professional Advice 122
 
Contractual Agreements and Personal Guarantees 122
 
Extension of Credit to Your Customers 123
 
Copyrighting Your Drawings 123
 
Developing an Insurance Program 124
 
Protecting Your Business from Theft 129
 
Summary 130
 
Review Questions 130
 
CHAPTER 7 Basic Tax Management 131
 
Small Business Tax Management 131
 
Special Rules for Small Businesses 132
 
Tax Responsibilities 134
 
Specific Substantiation Requirements for Certain Expenses 134
 
Hints on Preventing an Audit 135
 
Help from the IRS 135
 
Other Taxes 136
 
Summary 137
 
Review Questions 137
 
CHAPTER 8 The Basics of Human Resource (People) Management 139
 
The Broad Picture of Human Resources 141
 
Future Human Resource Trends 142
 
Determining Your Needs 144
 
Deciding on the Right Compensation System for Your Sales Team 151
 
Examples of Compensation Plans 155
 
Resourceful Recruiting 159
 
Narrowing Down the List: Applications, Résumés, and Testing 162
 
Art of Interviewing 164
 
Making the Final Hiring Decision 167
 
Summary 171
 
Review Questions 171
 
CHAPTER 9 Human Resource Management--after the Decision Is M
Kitchen & Bath Business Project Management, Second Edition is a comprehensive guide to professional practice for the kitchen and bath professional. This one-stop reference is based on the real-world experiences of kitchen and bath experts to ensure success in business and professional life.

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