Garret Gray and Chris Pegg (Senior Director of Planning at Wells Fargo) discuss the latest financial programs designed to help restoration companies thrive during the COVID-19 pandemic. Garret and Chris discuss everything from the Payroll Protection Program (PPP) and Tax deferment options that help contractors conserve cash during a difficult time to transferring generational wealth and business continuity planning.
Welcome to episode 3 of The Business of Restoration Podcast! In this episode, Next Gear’s CEO Garret Gray sits down with Jerry P of GraEagle Restoration in Las Vegas to share stories of growth, and you’ll learn about what a path to a paperless office looks like, protecting yourself with proper documentation, and how to identify what’s falling through the cracks. In this episode, you’ll learn:How to maximize your gross profit marginHow to navigate the transition from paper-driven to paperlessWhy documentation is essential for protecting yourself and your businessHow to use reporting to identify what’s falling through the cracksHow to manage common growing pains Resources:DASH - #1 Restoration PlatformGraEagle Restoration - Las VegasMore Podcast EpisodesNext Gear Webinars for IICRC CreditRegister for Connect2020
Garret Gray, CEO: Next Gear Solutions, and Chris Corder, President: Coastal Restoration – Part 2Garret and Chris are back to talk about how technology is changing the restoration game. Between setting up your compliance manager to increasing your VPASS score, there are a lot of tech decisions to make in your restoration business. Chris Corder shares his own experience of going through the cultural transition to adopt more advanced technology in his company. Chris’ story will make you a lot more confident to make those changes. Enjoy! Key Takeaways:What determines your business growth in your specific marketHow to hold your staff accountable for compliance tasksHow technology is impacting the restoration industry Where the restoration industry is going
One of the most common questions we get from our customers is how to build and manage a team to support their growing restoration company. Chris Corder from Coastal Restoration, a Next Gear Solutions customer, believes you should hire in-house versus outsourcing, and in this interview, you’ll learn some of the ways he’s found great people and created a full-service restoration business from a team of two (including his dad) over the past ten years.