Commentary

Emotional discussions can be difficult, especially when they focus on our attachment to our business.

Once the offers are accepted, it can be even harder to take the time to train the new hires, especially during a busy year.

In the lumber and building materials industry, we need to better examine how we use transparency for mutual gain.

I have decided to not sell the business but to create an Employee Stock Ownership Plan (ESOP) so that the legacy built over the last 40 years will carry on when I retire.

While housing has played a leading role in helping to stabilize the economy in the wake of the COVID-19 pandemic, soaring lumber prices and ongoing supply shortages threaten to blunt momentum in the housing market and jeopardize an economic recovery.

One of the most valuable business metrics to track within a yard is truck turnaround time.

Since many LBM salespeople turn down the opportunity to meet with architects, this could be a powerful tool to help you create separation with your competition.

A new Texas law, known as House Bill 2439, outlines that local governments cannot exclude the use of building materials otherwise approved under national code.

Both personally and professionally, consider the status of your immune system, as it might be the most important component you have.

Knowing the code implications and installation details about the products you sell is a critical step to building trust with your customers.