George Hedley

George Hedley owns Hedley Construction and Hardhat Presentations. He is the author of "Everything Contractors Know About Making A Profit" and is available to speak on his "Business Success Blueprint," a step-by-step system to build wealth, freedom and profits.

Reducing Labor Costs Only 5 Percent Could Mean Huge Savings

Contractors who wish to increase their bottom line think the answer is a change to the client-facing side of the business-taking on more jobs, advertising more or increasing their asking price. But the best, and cheapest, answer is actually internal. Ask yourself: "What part of my labor operations, made more efficient, will have the most profitable returns?" There's an easy answer.

August 12, 2014

10 Tips for a Successful Strategic Business Plan

February 4, 2014

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How to Prioritize for Less Busy-Work

Several years ago, I resolved to take charge of my business life, put my priorities first and focus on building loyal customer relationships. I committed to work smarter, get organized and in-control, focus on the 20 percent that produces 80 percent of the results, delegate as much as possible to my employees, spend 33 percent of my time with customers, and get home at a decent time!

September 25, 2013

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Track Your Bid-Hit Ratio to Maximize Your Efforts and Profits

When you fish, your goal is to catch the big one. Before you go fishing, though, you need a license. Your bid is like a license to go fishing for an opportunity to negotiate and land a great contract. So you set out to find a fishing hole and cast your bait-hook, line and sinker. When looking for great companies to bid to or looking for profitable projects to bid on, you also seek out opportunities that will give you the best chance to make the most money. When you finally catch a fish, you reel it in, weigh it, and decide if you want to keep it. Likewise, after you get the call to cut your bid or match a better price to get the job, it is your choice to accept their offer or not.

October 2, 2012

photo of money on fishhook

Act Right Now to Prosper in Tough Times

Customers have eased buying, competitors are closing, layoffs are common, banks have cut back on lending, consumer confidence is down, and the list goes on. Unfortunately, many business owners are simply hoping things gets better instead of acting to improve their businesses during these dire economic times.

February 5, 2012

illustration of scissors cutting the word Expense

Retain Customers Through 'Dating' Them

Remember when you were first dating? To get to know the other person, you spent lots of time talking, having fun and doing things together. After the date, you would call and talk for hours, send them flowers, and keep in touch on a regular basis. Building relationships takes commitment, time and constant contact. When you don’t see each other or stay in touch, the relationship withers away over time.

July 24, 2011

photo of a billboard announcing customer appreciation

Price Your Work with the Right Markup

Job Bid (Example 1)

July 27, 2010

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Strategies to Properly Price Your Work

The profit you want to earn is the amount of money you want to make at the end of the year based on the risk you take and the return you want for being a business owner.

July 20, 2010

Photo of a scrabble board listing the words bid, goal and profit

Building a Productive Team of Employees

November 30, 2008

Get Paid Faster for Your Wood Floor Work

March 31, 2008

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Craftsmanship Across the Globe: Introducing the Winners of the 2024 WFB Design Awards

Hailing everywhere from Italy to Portugal to Cincinnati to Washington, D.C., to Brazil to Chicago (by way of Poland), the recipients of this year’s WFB Design Awards prove, through sweat and creativity, that true craftsmanship has no borders.

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Meet the Repairman Turning Edgers Into Artwork

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What’s Your Top Advice for When Things Get Slow?

This 7-inch-wide, 5/8-inch-thick engineered rift-and-quartersawn red oak floor was coated with Bona Natural Seal and Bona Traffic HD Satin waterborne finish. (Photo courtesy of Floors by the Shore)

White Oak vs. Red Oak: As Pressure Increases on White Oak, Red Oak Is a Versatile Alternative

Bona Traffic HD RAW® Damage Mitigation

Bona Traffic HD RAW® Damage Mitigation