Skilled Trades: Welcome In…
According to the Bureau of Labor Statistics (BLS), there will be about 81,000 job openings for electricians, every year, between now and 2034. The need for HVAC mechanics and installers will generate about 41,000 openings…
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High Demand, Limited Supply: People!
As competition for construction workers is anticipated to remain tough for the foreseeable future, wise company leaders are investing in the retention of talented, committed and loyal team members. It’s not surprising that pay, skills,…
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Proven Results: Safety
The annual Health and Safety report from Associated Builders and Contractors (ABC) shines the light on practices proven to reduce jobsite incidents. More safety and less harm is of course good for people—and business, so…
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Best Practice: Clear Communication
Misunderstandings are an overlooked problem in construction. Without consistently effective communication (up, down and all around), misunderstandings run amok, and can frequently be found at the roots of cost overruns, project delays and dissatisfied stakeholders….
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What Are You Forgetting?
Hiring, onboarding and retaining committed workers? Networking for new business? Having the right equipment at the right time? Carefully considered reaches into new niches? Saying no to projects that won’t end well? Quality results? Clients…
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Worth Thinking About: Yes or No?
When you own a construction business, it’s easy to fall into the trap of saying “yes” to every job that comes your way. More work means more money, right? Not necessarily. Taking on every project,…
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Employee Retention Challenges?
Churn. The coming and going of workers continues to impact construction more than other industries. High turnover clearly takes a toll on everyone and the bottom line too. Pros suggest creating a culture of loyalty…
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Show Me The Money?
Pop quiz: how much does cash flow matter? The answer, as every construction business knows, is: a whole lot! Even excellent project performance, and plenty of work on hand, can not ultimately camouflage cash shortages….
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Increasing Your Bonding Capacity
If you’re in construction and eager to go after more jobs, bigger jobs, and better paying jobs, you’re most likely craving increased bond capacity. Typically, surety bond companies will be considering your cash position, so…
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