Showing posts with label return on investment. Show all posts
Showing posts with label return on investment. Show all posts

Friday, November 18, 2011

Bath Planet featured on Business Owners ToolKit

Bath Planet was featured on a radio interview with Business Owners ToolKit titled, “Branching Out in a Recession.” The segment discusses the launch of Bath Planet as a solution for homeowners with the “bathroom in a day” idea. Bath Planet creates wet-space solutions that can be easily added on to existing business models and offer new business opportunities in the home improvement industry. What Bath Planet realizes is that the bathroom remodeling industry has been largely unreliable and Bath Planet brings customer assurance and reputation, backed by the Good Housekeeping Seal, for a consistent, outstanding service experience by any one of their exclusive dealers. Click here to visit the podcast, starting at the 9 minute mark.


Wednesday, October 12, 2011

Bath Planet featured in Remodeling Magazine

Bath Planet was featured in an article in Remodeling Magazine titled, “In the Spotlight: Bath Planet.” The article was built from an interview and highlights the launch of Bath Planet and the “bathroom in a day” concept for the first time where you will be unveiling the new products at the Remodeling Show. The article discusses the Bath Planet life time warranty, Good Housekeeping Seal and the opportunity for existing business owners to jump on board to become exclusive dealers of Bath Planet. Click here to view the article, or begin reading it below.

In the Spotlight: Bath Planet
By: Lauren Hunter


Just months after launching in the marketplace, Bath Planet debuts its “bathroom renovation in a day” services and dealer opportunities at the Remodeling Show this fall.

The new company has some well-known competition in a segment of the market that has been gaining favor. Rick Hirschhaut, senior vice president of parent company BCI Acrylic, says that Bath Planet offers a series of guarantees and warranties that will set the brand apart from others.

(Read More)

Thursday, August 4, 2011

Return on Investment and Remodeling your Bathroom

Over the years of being in the remodeling business, I’ve heard one question more than any other: “Will I get a return on my remodeling investment?”

It is an interesting question with answers that are as varied as the type of remodeling projects available to a homeowner.

The obvious analysis on a question about “return on investment” is to ask about the numbers. “If I invest $10,000 in a remodel, will my home be worth $10,000 more than it is today as a result of the completed work?”

Let’s say it is April 2007. The economy is booming and the house you bought in 2005 for $250,000 is worth $300,000. You take out a home equity loan for $25,000 and get a new bathroom and some landscaping in the front and back yard. August rolls around, and it is time to sell the home. Depending on market conditions and your location, you can probably get the $25,000 back.

Fast forward to 2010. The $250,000 house is probably worth $250,000 again, or maybe $225,000 or $200,000. So, did the remodel pay for itself? This is a much tougher question, right? If you want to, or HAVE to sell now, you probably will not get your money back on the remodel, even though your house is more likely to sell than the neighbors house, where perhaps they didn’t make those investments. Obviously, buyers would rather buy a “home” and not a “project” with their hard earned money.

But the reality is that remodeling actually has less to do with a financial return on investment than with the way we live our lives. For most people, their home is their largest investment. But it is how we use our home that impacts our life and the lives of our family members. New landscaping can make family barbecues more fun, can make a garden possible, or can provide shade on a hot summer day or even a fire on a cool fall evening. A new bathroom can be clean, comfortable, refreshing, safe and beautiful. Perhaps your bathroom remodel even makes the room more accessible for a family member with a physical impairment.

In our business, we remodel bathrooms in order for our customers to live better. Certainly, we have customers who look for a financial return on their bathroom remodel, and they find it. Remodeling Magazine says that the financial return on a bathroom remodel is about 102%. But the other return on investment, the one that is about enjoying life, is the real value in remodeling.

Our bathrooms are:
  • Easy to clean
  • Accessible
  • Installed in 1 day
  • Custom designed to meet every person’s needs
  • Warranted for life
  • Affordable
  • Always look brand new, even after years of use
So, when you look for a return on your investment, consider more than money. Money matters…but it certainly isn’t everything!
 
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