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Sudoc Named a Top 10 Nature-Inspired Companies Addressing Environment Issues by Biomimicry Institute

September 14, 2022 2:23 pm

Sudoc, LLC, a new chemical industry company committed to environmental sustainability, has been selected as one of the top ten bioinspired startups for 2022 by the Biomimicry Institute to participate in this year’s Ray of Hope Prize program. The Biomimicry Institute’s annual program identifies the top ten nature-inspired startups worldwide and cultivates their growth by providing sustainable business training, communications support, and opportunities for non-dilutive funding. As part of its nomination, Sudoc will take part in an upcoming 10-week virtual accelerator program and compete to receive the $100,000 grand prize as well as additional

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Dear David: What is Subrogation?

September 12, 2022 9:45 pm

Dear David, As a restoration contractor, I strive to give my customers excellent service. I receive satisfaction by putting my customers’ property and their lives back to normal. I usually work with my customer and their insurance adjustor. Recently, however, a “subrogation representative” from my customer’s insurer called asking for information. What is subrogation, and what are my responsibilities?   Dear Satisfied, In principle, subrogation is pretty straightforward. Once an insurer pays its policyholder’s claim, the insurer stands in place of the policyholder and retains the right to recover from responsible third parties. The

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Is Your Business Ready for Analytics?

September 9, 2022 10:30 am

Great question… but, that question may have additional questions. Like, what does “analytics” mean? Or, I could even go deeper and ask, “What do I analyze?”  In the world of restoration, many companies have learned to just react to their customers’ needs and timing. Many companies never get a chance to think about analytics at all. Yet we are seeing trends of smaller jobs, less profit, more administrative effort needed for our clients (TPA’s). The bottom line is we are seeing many changes occurring in our business, and the need to understand what is

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Exploring the Impact of Toxic Chemicals

September 6, 2022 8:30 am

In this episode, Michelle is joined by two incredible, and highly celebrated scientists to discuss toxic chemicals in our lives – and how they disrupt our bodies, hormones, and environments. Pete Myers, PhD, a founder of sudoc (creator of dot Cleaner), is one of the world’s top experts on endocrine disrupter chemicals. He coined the term “endocrine disruption” in 1991, and coauthored a book in 1996 that discusses the topic, called Our Stolen Future. Terry Collins, PhD, is a fellow founder/inventor, and principal inventor of TAML catalysts. This catalyst could greatly reduce the amount

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As I Think About Selling, Are There Key Numbers I Should Focus On?

September 5, 2022 10:40 pm

Q: As I think about selling, are there key numbers I should focus on? JT says: Absolutely. Here are 4 numbers most consider essential for the best decisions: Adjusted EBITDA: THE number driving value. Keeping sales, AR’s & margins healthy is essential. Business Value: Largely determined by valuation methods and an array of industry multiples, all stemming from your Adj. EBITDA. Pre-Tax Yield: This is the Business Value plus balance sheet adjustments: Cash, AR’s, Working Capital, Liabilities and closing related expenses. Post-Tax Yield: Commonly known as ‘walk-away’ money. When it’s all said and done

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The Squeeze

September 5, 2022 10:19 pm

So let me see if I understand this correctly. Some time ago, property insurance carriers began insulating themselves from unscrupulous, litigation-prone, transaction-driven contractors by “partnering” with contractors they could trust. They formed departments responsible for locating and vetting contractors of various trades, and in exchange for feeding claims to these contractors, the contractors would abide by the carrier’s service level agreement – including mostly reasonable estimating guidelines. In concept it makes sense. The estimating guidelines typically resulted in lower invoices, but the contractor was receiving these claims with no business development expense. The carriers,

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IICRC Updates

September 1, 2022 8:00 am

Mold Stories: Did you know climate change has impacted the mold problem across the globe? Visit MoldUncovered.org/blog to read real stories from people affected by mold. Women in the Industry: Thank you to the leading women that participated in this year’s recognition and that have dedicated their careers to our industries. Women in Restoration Women in Cleaning Women in Inspection Stay tuned if you wish to be featured in the 2023 edition! Online Retests: Watch the Retest Guide to set up your online retest in a few steps. Don’t miss the opportunity to obtain

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Restoration Nightmares, M&A Truths, Industry Integrity, & More | Episode 1

August 31, 2022 9:10 am

Welcome to Phil & Michelle’s Happy Hour – a podcast designed to make you smile, and hopefully learn a few things along the way. A few times a year, Phil Rosebrook Jr. of Business Mentors and Michelle Blevins of C&R Magazine sit down with restoration and cleaning industry leaders and icons to chat about all-things restoration, share stories, and have a few laughs. In this debut episode, Phil and Michelle catch up with Josh Hobbs from Dalworth, Warner Cruz from BluSky (formerly JC Restoration), and Mark Whatley from Actionable Insights! This episode was recorded

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Matterport Reinvents the Digital Twin with the Revolutionary Pro3 Camera and New Cloud Platform

August 30, 2022 11:31 am

Matterport, Inc. (Nasdaq: MTTR), today introduced the all-new Matterport Pro3 Camera along with major updates to its industry-leading digital twin cloud platform. The Pro3 is a breakthrough in 3D capture technology, ready to digitize every aspect of the physical world, indoors and outdoors. Matterport’s next generation digital twin platform builds on the company’s groundbreaking immersive virtual experiences to enable advanced workgroup collaboration and productivity, delivering cost savings and revenue growth for organizations of all sizes, from small businesses to global enterprises. These new offerings arrive as global demand for digital twins – visually immersive,

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The ONE Thing: Human Capital Management

August 29, 2022 8:00 am

Publisher’s Note: When Howard wrote this article, we knew it was a great topic for a deeper dive! Check out the Restoration Today podcast episode on Human Capital Management vs. Traditional PR above, and also check out his article on the topic! My team and I have had the pleasure of leading and working with some very high-performing companies. We have many case studies of companies doubling and tripling in size and value in three years in the restoration industry. And many double their value in one year. I am often asked, “what is

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