As any experienced contractor will tell you, a good build starts with a good contract. Even the nicest customers can turn if there is a dispute and money is involved. Contracts outline what is expected of each party, what their responsibilities are and where the liabilities rest.
Stay on track & in timeline with scheduling tips.
The most essential element of maintaining your profit margins is forward planning. Don Macgruder from ProSales: “Most executives lack focus on future margins because they are not prepared to face the harsh reality that they use losing strategies. It is easy to complain about a 19.8% margin on last month’s report; however, it takes effort to develop a winning pricing strategy. Good margins don’t just happen; they require a forward-looking strategic plan.” Here are some strategies that will ensure proper forward planning:
Reduce landfill fees and be LEED certified by creating recycling areas on-site.
Fighting labor shortage in construction? Here are ways to retain staff and maintain profit margins. Labor Shortage.
Fatigue in safety-critical industries has disastrous consequences
With more than 200,000 construction jobs already vacant, encouraging woman to join the workforce will help to fill those positions.
Compressing fiberglass provides more R-value per inch, but reduces the overall R-value.
Discovering gaps in your knowledge is great as it helps you to improve and research areas that will make you a better builder and a better construction manager.
As a construction company owner or manager, you understand the necessity of promoting your business online. Your website and social media platforms are invaluable in driving business and amplifying the good ‘word of mouth’ business you rely on. But you can’t please all of the people all of the time and sooner or later you will get a bad review. Sometimes these may even come from competitors. If bad reviews are hurting your business, here’s how to restore your online reputation.
