Risk Quotient of Remodeling Salisbury MD

Remodeling is a risky business. It's a minefield of permits and inspections, hazardous material testing and remediation, and safety concerns.

Local Companies

Scott Carmean Sr. LLC
302-536-7144
8378 Portsville Rd.
Laurel, DE
Emerald Isle Drywall
410 208 6788
19 Footbridge Trail
Berlin, MD
Emerald Isle Enterprises, Inc.
410 208 6788
19 Footbridge Trail
Berlin, MD
Pintail Builders
(410) 548-2070
Salisbury, MD
Bill Lewis Construction
(410) 835-2181
31865 Shavox Rd
Salisbury, MD
General Maintenance Services
(410) 543-2704
Salisbury, MD
Ruark Building Contractors
(410) 543-1369
4020 Meadow Bridge Rd
Salisbury, MD
Jim Savage Home Improvement Inc
(410) 742-5475
31850 Old Ocean City Rd
Salisbury, MD
Home Energy Solutions Llc
(410) 543-8668
Salisbury, MD
Greene J E
(410) 749-1164
Salisbury, MD


Remodeling is a risky business. It's a minefield of permits and inspections, hazardous material testing and remediation, and safety concerns. In addition to managing the complex processes of project design, resource scheduling, and product selection and installation, remodelers have to establish and maintain client relationships that are often the most fragile commodity on the site. The slightest irregularity -- delayed delivery of a special order, slight imperfections in finish materials, misunderstandings over contract language -- can trigger a chain reaction of client emotion that quickly escalates from disappointment and annoyance to stubborn anger and even rage.

Is the risk worth it? For most remodelers, there's a lot of satisfaction in avoiding all the pitfalls, producing a product of enduring value, and building lasting relationships with customers. But real financial risk has to be balanced by real financial reward. We need to know we're being adequately compensated for the risk we assume.

One measurement is what Les Cunningham of Business Networks calls the "risk quotient." It's part of a "Crucial Data" report all of his clients receive at their semi-annual meetings, and it's calculated with this simple formula:

Risk Quotient = Produced Gross Sales/Owner's Total Compensation

Cunningham uses the risk quotient, along with a dozen or so other ratios, to help his remodeler clients understand the effects growth can have on their financial well-being. Most remo

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Featured Local Company

Scott Carmean Sr. LLC

302-536-7144
8378 Portsville Rd.
Laurel, DE


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