Year-end Financials: Talking Magic Numbers for Your Shop

PRO Cabinet Maker

Dec 14 2022 • 34 mins

In this episode, we give the hosting reins to Matt Wehner, co-owner of Cabinet Concepts by Design in Springfield, MO, and board member of the Cabinet Makers Association. He chats with Tim Coleman of SCE Unlimited about year-end financials and focusing on your shop's magic number.

Show notes

Tim Coleman founded his Closet Organization company in 1988 and ran his business for nearly 30 years. He sold his successful company in 2017 and was asked by that buyer to stay on to run the closet division, which he did for 3 years.  In October of 2020 Tim was delighted to take the helm of SCE Unlimited in the Chicagoland area, which is owned by Installed Building Products, a publicly traded $2.5 billion company. SCE offers both Wire & Solid Systems from melamine to veneered wood, Shower Doors & Mirrors, and Bathroom hardware.

Tim has run the business gamut from being a one-man shop to working with a team of over 50 employees. He was a Hunter Douglas Blinds, Shades, and Shutter dealer for 14 years and works with homeowners, custom builders, commercial developments, and retirement living centers. Tim believes that sharing knowledge and consistently seeking to learn new information is the only way people evolve and grow, and he endeavors daily to do both.

This podcast is produced by Association Briefings.