Successful decision makers in the construction industry can discern which jobs will prove profitable and assess which projects their company can successfully complete with the available resources. If you’re a decision maker in the industry trying to get as many...
Effective inventory management is the first step towards tightening finances, scaling up, selling to another owner for a profit, or retrenching. For a construction company, maintaining strong inventory control is vital for saving money, understanding supply levels,...
If you’re a contractor, you already know that construction projects come with inherent risks and that you need different types of insurance to protect your business against them. Some types of insurance, like commercial auto, workers’ compensation, and general...
After a contract with a subcontractor goes into effect, you effectively cede at least some control of your project. That can prove stressful, especially when your subcontractor is underperforming. While project managers and contractors are ultimately responsible for...
For general contractors, subcontractors are an essential component of their success, both in terms of providing the expertise they might need, or additional workforce they might lack. Consequently, having collaborative and productive relationships with subcontractors...
Maintaining strong relationships with clients is paramount for the success of any business, and general contractors are no exception. Gaining the trust and respect of clients is the key ingredient in establishing strong contractor-client relationships, and although it...
