Construction Contract Payment Terms Aren’t Worth the Paper They’re Printed On
As construction becomes more complicated and project participants have no direct contractual relationship with others on the project, there is an element of fear
Outgrowing Excel
Excel’s days may be numbered in today’s fast-paced construction environment. When a business grows in scale or complexity, it may be time to invest in a more
Two Sides of the Surety Risk Coin
There are two sides to managing surety risk. When acquiring a bond, consider cost and the company’s bond limits. When making a bond claim, proactively communicate
Grow by Leveraging Local Searches, Customer Reviews and Referral Sites
Geographic expansion in the construction business is exceedingly difficult. The financial success for many construction companies depends greatly on how well they
The Paradoxical Financial Risks of a Growing Business
Contractors that have secured their lien rights by sending a preliminary notice are always going to be paid before the companies that haven’t, because the fear
Master the Marketing Basics for Construction Companies
Construction companies need to invest in a few marketing efforts to be competitive. At a minimum, businesses need a responsive website, a company email and a Facebook
Why Good CRM Should Matter to Construction Businesses
Construction is built on customer relationships, so utilizing customer relationship management technology can yield big benefits.
Get the Most Out of Google
When it comes to marketing a construction business, mastering Google is a very important step. It’s essential to take advantage of the tools Google provides to
The Role of Big Data in Construction
Harnessing big data can increase output and efficiency, minimize waste of materials and man-hours and result in better and faster decision making, real-time problem