Business Risk

Five Construction Machinery Innovations That Impact ROI

by Holly Welles | Feb 26, 2020
Business | Business Risk | Equipment | Heavy Equipment

While early versions of some inventions may have been questionable, current improvements made them reliable, safe investments. Five specific innovations that could represent a positive return on investment are hybridization, biofuels, automation, the "internet of things" and drones.

Risks of a Robust Economy

While it might seem like the right time to grow a business, expanding too fast without a strong plan can be detrimental to the business, its finances and its reputation.

Fidelity Bonds: Protecting Against Employee Fraud

Employee theft can add up to hundreds of thousands of dollars—an average of 5% of a company’s annual revenue, according to the Association of Certified Fraud Examiners. And it’s not just money.

Three Mistakes That Lose Money and Slow Payment—And How to Avoid Them

by Nate Budde | Oct 21, 2019
Business | Business Risk | Finance

Three mistakes that increase financial risk and kill construction company finances are not sending or requesting payment notice, overly complex paperwork and failure to communicate.

Complying With Data Breach Regulations in the Construction Industry

While advancements in technology have created opportunities in construction, they opened the door for cybercrime. No one is safe from hackers, so establish policies and procedures to be prepared when it matters.

Prepare for the Advantages and Risks of 5G Technology in Construction

5G will bring significant improvements to productivity, collaboration and safety, and construction pros would be wise to start thinking about how they can lay the groundwork to deploy these advanced solutions and drive innovation in their future projects.

Avoid Payment Bond Claims With These Six Tips

Payment bond claims are one of the most common, costliest and potentially most disruptive actions that can be brought against a contractor.

Achieve the Best Possible Coverage Rates and Terms With Comprehensive Risk Profiles

Managing growth with a balanced view of a firm’s own talent and core service structure helps a best-in-class contractor avoid professional liability claims.

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Five Construction Machinery Innovations That Impact ROI

Risks of a Robust Economy

Fidelity Bonds: Protecting Against Employee Fraud

Three Mistakes That Lose Money and Slow Payment—And How to Avoid Them

Complying With Data Breach Regulations in the Construction Industry

Prepare for the Advantages and Risks of 5G Technology in Construction

Avoid Payment Bond Claims With These Six Tips

Achieve the Best Possible Coverage Rates and Terms With Comprehensive Risk Profiles

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