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.
What Should Be in a Contractor’s Disaster Recovery Plan?
Industry veterans share their best tips for creating an effective disaster recovery plan.
Contingency Planning: How to Expect the Unexpected
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.
Combating COVID-19 Through Community Outreach
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.
How to Ensure Quality in Construction
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.











