How Contractors Can Thrive Despite Tariffs and Labor Shortages
How can contractors weather this perfect storm of escalating costs and a shortage of workers? Here are a few tips.
Four Common Mistakes That Hurt a Construction Company’s Cash Flow
Cash flow issues are some of the biggest challenges of all business owners. By taking note of potential pitfalls in business operations, construction business owners can mitigate future issues and keep the company in the black.
ARA Forecast Continues to Project Steady Equipment Rental Growth
Equipment rental industry revenue to surpass $60 billion in North America this year.
Mixed Reality for Construction: Applicability and Reality
Mixed reality, which can include AR and VR, can put contractors ahead in terms of marketing, pre-construction design, clash detection, scheduling and facilities management. And that’s just the beginning.
Four Performance Areas to Improve to Survive the Next Economic Downturn
Here are four key areas that should be at the forefront of every engineering and construction leader’s agenda, especially when times are good.
Social Media Best Practices for the Construction Industry
Today’s audiences, regardless of their interests and the industries they work in, are on social media. Contractors must meet them where they are and commit to a serious social-media strategy, and they'’ll find it’s their brand that’s on consumers' minds—not that of the competition.
Construction Technology Yields Better Bottom Line Results
A July 2017 McKinsey survey found that 44% of contractors had implemented digital solutions, a number that is expected to grow to 70% by 2020. These new digital solutions are streamlining manual processes, improving safety, and recovering lost time and costs, all of which help improve the bottom line.
It’s Time for a Business Health Check
Businesses ought to have a thorough checkup on a regular basis. Rather than waiting for a major crisis to develop or something drastic to go wrong—leading to emergency treatment—businesses can benefit greatly from preventative medicine.
