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iNews for August 2008
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One of the benefits of being in the Expert Community is receiving monthly emails
with relevant and interesting industry news headlines.
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Slow Learner
A few years ago, my wife, Elaine, and I visited Italy on our first and only vacation abroad to date. We stayed a week in Florence, a city with more art per square foot than anywhere on the planet. We spent some of our time wandering around town, figuring things out on our own, but when it came to the major galleries, we signed up for a guided tour.
...Imagine the reaction of a client of yours who had a similar vacation experience, and is now faced with selecting products, choosing among design options, and making the hundreds of decisions required in a typical remodeling project. How does your process stack up against the guided walking tour of Florence? If European cities seem too exotic, remember that your clients can experience the same thing in Hershey Park or Walt Disney World, at the supermarket or the mall.
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How to Know Whether You Need a New Roof
An inspection should be done on a periodic basis, and after each storm. Norm Abram of This Old House says, "You don't have to climb onto the roof. Get a pair of binoculars and scan it from the ground or a short ladder."
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IRS Increases Mileage Rates through Dec. 31, 2008
The Internal Revenue Service today announced an increase in the optional standard mileage rates for the final six months of 2008. Taxpayers may use the optional standard rates to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes.
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Housing woes hammer Home Depot
Home improvement retailer Home Depot cut its 2007 profit outlook Tuesday, citing continued weakness in the home building market and the sales of its supply business.
Atlanta-based Home Depot, the No. 1 home improvement retailer, said it now expects earnings per share to fall by 15 to 18 percent to between $2.30 or $2.36 a share for the fiscal year.
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Favorite Room: Screened-in Porch
Keith and I have settled into the house. All remaining unpacked boxes have been purposefully left in the garage. We've decided we must keep their contents for one reason or another and have marked them as our next "rainy day" project. I love our home and as I sit in my favorite room, the screened-in porch, I'm so glad we decided to build and so glad we chose this plan with this porch.
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