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Home » Topic » Business » Business Development

How Construction Businesses Can Benefit From Qualified Opportunity Zones

by John Blake | Apr 22, 2020
Business | Business Development | Legislation

The QOZ program defers (and potentially eliminates) individuals’ capital gains taxes when they finance capital improvements in pre-approved, economically depressed land tracts called opportunity zones. Here's how the program can benefit contractors.

Marketing Strategies to Improve Recruitment Efforts

by Brian Gallagher | Apr 15, 2020
Business Development | Careers | Recruitment | Retention | Training | Workforce

Work in construction offers the classic American story: someone can start on the ground floor and work their way into a highly technical profession. The challenge is connecting job seekers to those opportunities. How can companies go about building a talent pipeline?

Strengthen Supply Chain Management in a Volatile Market

by Eamonn O’Rourke | Apr 15, 2020
Business | Business Development | Economy | Project Delivery | Project Management

While many parts of the supply chain are uncertain, construction professionals can only change the parts that are in their control. Zero in on three key areas: estimating jobs and materials needed, monitoring project progress and communicating with the team.

What Should Be in a Contractor’s Disaster Recovery Plan?

by Rachel E. Pelovitz | Apr 14, 2020
Business | Business Development | Business Intelligence | Risk | Risk Management | Safety

Industry veterans share their best tips for creating an effective disaster recovery plan.

Contingency Planning: How to Expect the Unexpected

by Joseph Bazzano, Kevin Kennedy | Apr 10, 2020
Business | Business Development | Departments

Contingency planning is a critical, yet often neglected aspect of protecting a business. Neglecting to thoroughly prepare for the unexpected exposes companies and individual owners to the risks of financial losses, legal conflicts or even business failure.

How to Ensure Quality in Construction

by Shawn Buchanan | Apr 8, 2020
Business | Business Development | Project Delivery

Quality is about follow-through and compliance, but complex processes and deliverables can make that challenging. Establishing clear expectations at the project’s outset, conscientious implementation of all training, and processes and with regular touchpoints with personnel are the path to success.

Four Questions to Prepare Your Team for Success in 2020

by Sarah Skidmore | Apr 8, 2020
Business Development | Careers | Training | Workforce

Much of a construction company's success is due to its human capital. Leaders benefit from understanding an organization is only as strong as its team. To grow an organization, construction executives must invest in and grow the individuals in their organizations.

Combating COVID-19 Through Community Outreach

by Construction Executive | Apr 8, 2020
Business Development | Departments | Markets

Given the present construction climate as a result of COVID-19, the construction industry must consider philanthropic commitments at this time, and how contractors can assist the greater community.
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