Is everyone sitting around waiting because you ran out of nails? When employees leave the jobsite to pick up materials, you have a double loss with transport costs and time. Studies show that these costs can take up as much as 2-4% of the project’s profits for most small to medium construction companies. But with a better system and planning, you can vastly reduce lumberyard runs and improve your efficiency and your bottom line
Studies show that replacing an employee costs an average of 6 to 9 months’ salary. When you lose employees, you fall behind on your project schedules and may even have to turn work down. With the current construction labor shortage set to deepen this year, it is more important than ever to create work environments …
You could say that 2020 had its ups and down. In March and April, builder confidence dipped to an all-time low of 30. But by November, it was back up to 90. “It was a great year, and 2021 looks even better,” NAHB chief economist Robert Dietz told Builder Online. “We expect the gains to …
Whether you have a company that is big enough to have a sales department or small enough so you have to wear many hats, knowing why some people are successful at sales can help to improve your own techniques. Improving your sales means spending some time researching successful sales techniques and working on your process. …
Punch lists can make or break a contract—when done quickly and seamlessly, you can get paid and move on to your next project. If they drag out, they can compromise your profit margin and leave you with unhappy customers. You can mitigate punch-list problems by having a procedure in place and communicating that procedure to …
Younger buyers are leaning towards a move-in ready scenario when shopping for a new home as older homes take time and money to restore. When younger buyers consider new builds, technology is as important as utilities. Millennials represent 37% of new home buyers and are looking to fast-track their homeownership plans due to the changing …
The pandemic and subsequent lockdown has seen many people confined to their homes for months. This has, inevitably, changed their attitudes about their living spaces. The America at Home Study was conducted at the end of April to ascertain just how American homeowner’s ideas have changed. Developed by Teri Slavik-Tsuyuki, Belinda Sward and architect Nancy …
Fall isn’t the best time for gutters. Leaves, twigs and debris clog gutters which can cause water to flow back up under the shingles. In winter, snow melt can’t safely run off the roof and water pools only to ice overnight. As the ice expands, it pushes up under the shingles and causes leaks. Cleaning …
Gen Z are defined as those under 25 and are currently entering the workforce and choosing their careers. While many are already opting for a career in construction, the industry has to do more to recruit in order to overcome the labor deficit. Having lived through several economic downturns and a fluctuating economy, most young …
According to a new study, construction jobs were one of the fastest growing sectors for women between 2015 and 2019. Women in construction management positions increased by 101% from 49,400 to 99,400 during this period. The number of female painters rose by 64% from 32,600 to 53,300. Construction laborers went up 50% from 47,800. “Construction …
