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Florida’s Insurance Restoration Landscape

Note to listener from R David Sweet and C&R: As you listen to today’s podcast, Please be aware that the claims, legal and operational environment currently being experienced in Florida is constantly changing. This podcast is intended to be informative, but no legal directive should be implied or acted upon as a result of the information contained here in. It is imperative that you have solid counsel available to you and apply their directives to the file.  By choosing to listen to this content, you agree to hold harmless all parties. Every state has

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Providing Disaster Relief

It’s hard not to be moved by the devastation we see from hurricanes such as Ian and Fiona. We see stories of neighbors and local businesses pulling together to fill sandbags, provide food, or remove trees and other debris. Trained restoration professionals have a unique skill set to add. They know how to properly document the damage with Digital Photo Inventory. They start a contents “triage” to sort through what’s restorable and what is total loss.They mitigate mold and bacteria infestation. And they know how to safely transport and clean treasured belongings. And this

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Plan for Success with Major Business Objectives

Early on, most small business owners have easy to define but completely unwritten business objectives. They usually look something like this: Sell jobs. Complete jobs. Get paid for jobs. Don’t go broke or get arrested. After time, assuming you somewhat accomplish your objectives most days, you reach a point where you feel confident you can turn the lights on again tomorrow to give it another go. Congrats! It’s now time to play Level Two Business Owner and build structure. But herein lies the rub: too many owners stay at Level One, focused on busy

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Current M&A Trends: 2022 & Beyond

Some current trends in the restoration space are obvious, others more subtle. We can all admit they’re numerous. I could start with any number of issues: labor, supply chain, gas prices, inflation, etc. However, we’re familiar with these current/potential risks; they greet us at the office every day.   Focusing solely on M&A activity, let’s dive into the current trends and few variables driving deal flow in the restoration space. (Don’t worry, I’ll keep it simple.) These may help provide answers.  The Players Most are fully aware the last two to three years have

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When Shopping Must Go On | A C&R Case Study

Publisher’s Note: We love sharing restorer’s stories of interesting losses you and your team have tackled! In this C&R Case Study, Chad Holland, from Paul Davis Restoration of S.E. Wisconsin, shares the journey of restoring a mall heavily damaged by a tornado. Paint a picture of the loss – when did the tornado happen, and what was the overall damage to your town? Was your franchise affected?  The mall in Richmond Indiana was hit by a EF0 tornado on June 15, 2019. It had a short and narrow path of destruction mainly in the general vicinity

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My Love/Hate Relationship with Storms

On Sept. 28, 2022, Hurricane Ian made landfall onto Southwest Florida’s Gulf Coast. It was just shy of a Category 5 hurricane, and it left a path of devastating damage as it traveled eastward across the state. It was a historic event and will take years for affected areas to fully recover. My October article was in draft form when a direct hit to Florida became imminent – that article had nothing to do with natural disaster relief – this article certainly does because our organization specializes in hurricane damage-related restoration, and I wanted

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Hurricane Ian Restoration Update | with VIDEO!

Mammoth Restoration is one of the many restoration companies that mobilized to Florida following Hurricane Ian’s landfall in late September. As the CAT team drove semis packed with equipment toward Ft. Myers and Sanibel, other members of the Mammoth team, based in Pleasant Gap, Penn., readied themselves to handle necessary logistics, paperwork, and other tasks that could be done remotely. In this episode of Restoration Today, Mammoth President Jon Vogt talks about what their CAT team is seeing in Florida, the true level of destruction and loss, what it took to prepare to respond

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You just sold a $12M Business For a Friend of Mine, Why Would He Stay and Work For 2 More Years After Selling?

Q: You just sold a $12M business for a friend of mine, why would he stay and work for 2 more years after selling?   JT says: Great question, one that is often misunderstood.   ‘Selling’ and ‘retiring’ are not the same thing. Many owners are not ready to retire but simply tired of being responsible for the day-to-day operations and related liability.   Some buyers ask owners to ‘roll-over’ equity (10% – 30%) post sale, then let the seller focus on what they like best (i.e.- Biz development, large loss, or CAT). There are various

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The 85% Rule

Why do most companies exist? To make money. That said, when owners of companies are deciding to take the risks associated with starting a new venture, making a profit is most often at the top of the list of outcomes. So, wouldn’t it make perfect sense to then direct the majority of company training time for the team toward skills that make companies the most financially successful? Of course. Does it happen that way? Almost never.  In an often-cited study conducted by Harvard University, Stanford University, and the Carnegie Foundation, the researchers found 85%

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How Do Moisture Meters Work?

A very special guest – Tom Laurenzi from Delmhorst – joins Chuck Boutall in this episode of When It Comes Down To It to explain: How moisture meters work. How to correctly use a moisture meter. Variables to understand based on surface types – like concrete. Differences between meters on the market today, and how to know what is best for the job. Check out more When It Comes Down To It videos here!

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