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Home » Topic » Business » Business Development

Contractors Can Do Better Than ‘Back to Normal’ in 2021

by Scott Wolfe Jr. | Jan 4, 2021
Accounting | Business | Business Development | Finance | Project Management

Before coronavirus, “normal” meant waiting an average of 80+ days for payment, needing to withhold retainage payments to pad their own pockets and other difficult situations. This year, contractors should set the bar higher than normal.

A Case Study on Innovation, Community Responsibility and Local Business

by Jeff Slagle | Dec 15, 2020
Business | Business Development | Manufacturing | Markets

Local business is far more varied than the corner coffee shop, pizza joint or quirky book store. One example is concrete production, which rarely makes headlines but is every bit as tied to location and integral to community strength.

How to Create a Tools Strategy That Keeps a Job Moving

by Adrian Gram | Dec 10, 2020
Business Development | Equipment | Project Management | Tools

Although downtime is imminent if the team doesn't have the right tools for a construction project, is investing in new inventory the best use of capital? Let's take a look.

Keeping the ‘Lion’s Share’: The Appeal of Defined-Benefit Retirement Plans

by Frank Seneco, Barry A. Fischman | Dec 10, 2020
Accounting | Business | Business Development | Departments | Finance | Workforce

Qualified retirement plans are an excellent way to grow tax-deferred money for retirement and to protect assets from unjust lawsuits. In addition, contributions to qualified retirement plans generate tax deductions.

What Is the Value of Cross-Generational Mentorship, and Can It Be Done Remotely?

by Rachel E. Pelovitz | Dec 9, 2020
Business | Business Development | Culture | Leadership | Organization Culture | Training | Workforce

Industry experts share their thoughts on the value and efficacy of cross-generational mentorship.

End Change Order Request Confusion

by Cameron Page | Dec 6, 2020
Business | Business Development | Project Delivery | Project Management

If there isn’t a single way of tracking change orders, every involved party will come up with their own method—and all too often this will lead to missed requests and cost overruns. Here are three approaches to improving COR communication and getting a better handle on the process.

Don’t Let Safety Programs Collapse or Fall

by Curtis Moore | Dec 2, 2020
Business | Business Development | Culture | Organization Culture | OSHA | Safety

Fall protection, ladders and trenching are three frequently cited OSHA construction standards. A written safety program is critical to employee safety and defense against OSHA citations.

Bracing for Uncertainty

by Michael D. Bellaman | Dec 1, 2020
ABCs | Business | Business Development | CEO Insights

As we wrap up an incredibly challenging year, personally and professionally, construction business leaders are reflecting on knowns and unknowns—and looking ahead at 2021, they are preparing for the worst, but hoping for the best. [...]
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