Jim Farlow attended the meeting of the NAHB Builder 20 group of which he is a member, the Keystones, in Houston the week of May 9 through 16, 2015.  The primary topic of discussion was concepts for maximizing financial management for home builders and remodelers.  The National Association of Home Builders (NAHB) created Builder 20 Groups to increase awareness of challenges in the building industry and to have builders share successful strategies among colleagues in non-competing markets.  Groups are comprised of builders of similar size from separate geographic areas (non-competing) around the country.  Groups typically range in size of membership from 16 to 20 firms.

The Builders 20 Group members function much like a Board of Directors would for larger firms.  Members pose questions over the internet to the group and then receive multiple, rapid recommendations from their colleagues, who are familiar with the firm.  Questions can be on any industry or business topic, and can be very specific, such as whether the firm is at the stage of being able to hire another key employee.

The Houston meeting saw 4 new member firms join the Keystones group.  Torrential rains began in Texas that week, and various sections of Houston experienced what would turn out to be substantial flooding over a wide area.  As a host city, Houston was a pleasure to visit, even given the weather challenges.  All here at The Farlow Group wish rapid healing of hearts and mending of properties in the aftermath of the storms.