April 2016 1 - NAPCO Ltd.
Equipment, Supplies, and Training for the Professional Refinisher
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April 2016

  1. Purchased New Or Used Equipment? Know The Section 179 Tax Deduction.

    Purchased New Or Used Equipment?  Know The Section 179 Tax Deduction.

    If you’ve purchased, financed or leased equipment for your business recently, it pays to get familiar with a tax deduction you don’t want to overlook. It’s called the Section 179 Deduction and it allows a business owner to potentially deduct the full purchase price of the equipment. To qualify, you need to have purchased and […]

  2. Millennials Buying In The Burbs: Why They’re On The Move

    Millennials Buying In The Burbs: Why They’re On The Move

    It’s easy to picture the young millennial in their late 20’s buying a home in the city, right in the middle of all the hustle and bustle of cosmopolitan life. But a new report on home buying trends from the National Association of Realtors suggests that when millennials are ready to buy, more of them […]

  3. Finding Strategic Partners – Why Go It Alone?

    Finding Strategic Partners – Why Go It Alone?

    You’re starting to wonder where your next refinishing project is going to come from. Then the phone rings – it’s not a past customer sending you a referral but it’s someone practically as worthwhile – one of your strategic partners. He says he’s been doing work on a small renovation project and in passing, the […]

  4. Get the Highest Return when Updating your Bathroom

    Get the Highest Return when Updating your Bathroom

    According to the trusted cost vs. value study done every year by remodellng.hw.net, full bathroom remodels really don’t pay off well when you sell your house.  A midrange remodel costs, on average, $18,000 and returns only $11,800. A high end bathroom remodel costs a whopping $57,400 on average and returns only $33,000. Those aren’t the […]

  5. Give Your Refinishing Business an Insurance Checkup

    Give Your Refinishing Business an Insurance Checkup

    While we’re still in the first quarter of the year, now might be an ideal opportunity to sit down with an insurance agent to review your business insurance policies. For most small business owners, business insurance is an absolute necessity. Still, properly covering yourself doesn’t always start and end with the purchase of a policy. […]

  6. You May not Have to “Sell” as Hard as You Think

    You May not Have to “Sell” as Hard as You Think

    If you think of yourself as more of a resurfacer than a natural born seller, you’re not alone. But that doesn’t mean you have to go into a prospective job “pitching” people with some heavy sales-ish approach that turns them off. Instead, try letting them talk themselves into buying what you’re offering. How? First, ask them […]

  7. The Case for Refinishers to Command a Higher Price

    The Case for Refinishers to Command a Higher Price

    When it comes down to it, no two rooms might have more impact on whether or not someone decides to buy a home than the kitchen and bathroom. For the seller, these two areas can hold a great deal of weight in resale value as well – and it doesn’t necessarily require a giant renovation […]

  8. Some home remodelling projects just aren’t worth it—and that’s good for resurfacers!

    Homeowners are always looking to upgrade their homes. Kitchens and bathrooms are usually on the list. However, major remodels of either of these may not be the best option when you consider how much the homeowner will recoup when the sell the house. Take kitchens as an example, according to a 2016 report by remodelling.hw.net, […]

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