A new study shows two-thirds of the industry is already experiencing project delays, 87% expect to see their businesses impacted in the next three months and very few believe insurance will likely provide a sufficient backstop to the challenges they face.
How Contractors Can Work on Their Businesses Amid COVID-19
While this is uncharted territory for all industries, it is an opportunity for construction professionals to work on their businesses. Once everything is back up and running, workflows will need to be efficient and streamlined for projects to be successful. Now is the time to determine what those processes will look like.
The Leadership Opportunity to Shift our Paradigm to Total Human Health
It is essential that all construction be delivered safely without incident—always, now and in the future. Our country, its citizens and our workforce depend on this every day, on every project and with every task—no [...]
Maintain Strong Internal Controls in the Wake of COVID-19
While the current COVID-19 environment is very challenging, some companies are instituting positive changes that may actually yield a stronger, more-efficient and modern approach to internal controls.
Why Smart Business Succession Planning Starts With a Good Personal Plan
Owners often do not put enough thought into balancing their personal financial needs with their goals for handing over control of the company. Here are tips for a smooth transition.
How Construction Businesses Can Benefit From Qualified Opportunity Zones
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
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
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.












