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July 2021

Shane Soule - blue collar blues

The rich get richer—that’s a bunch of bull (market)

Navigating a market that has quadrupled in barely six months is challenging to say the least.
LP SmartSide Smooth Finish

In a booming home improvement world, siding is poised for growth

Siding is the first line of defense and the one that makes the strongest visual statement. And right now, the siding industry is booming.
John Wagner - working capital peg

Creative earnout structures in the lumber and building materials industry

Even with the hot M&A market, where there is enduring support for strong acquisition values, buyers of LBM companies are not exactly splashing cash around like drunken sailors or newly elected presidents.
From the Editor James Anderson Great Place to Work

The good kind of ‘unprecedented’

Every lumber dealer is experiencing the same unprecedented prices and demand challenges, just as they’re now looking back on the same unprecedented pandemic.
Dudley credit Q & A

How to avoid negativity in the credit department

How do you stay out of the “echo chamber” of negativity and the belief that all customers are suspect?
Rikka Brandon Recruit + Retain talent brand

What’s really causing high turnover among hourly workers?

The quest for quality team members in the yard and on the road continues to get more and more difficult.
Selling Our Industry Russ Kathrein Leadership

Do you lead like a Tigger or an Eeyore?

Most people have both a little Tigger and a little Eeyore inside of them. The trick is in how you manage them and when you let them out.
Estate Tax

Estate taxes and your business

As an LBM business owner, you can run your company and invariably experience highs, lows, challenges, and struggles and still come out on top—or think you have.
Bill Lee sales & operations - boss

Breathing your own exhaust stifles productivity

Owners and managers who work day-in and day-out in their own businesses are almost always guilty of breathing too much of their own exhaust.

Product Picks: July 2021

Each month, hundreds of products and services vie for industry attention. Here are some that our editors think will interest LBM Journal readers.

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