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General Issues
Steps To Take Following an Accident at the Jobsite

Steps To Take Following an Accident at the Jobsite

On site accidents can be defined as an ”unplanned event that results in personal injury or property damage”. Many accidents may be attributed to some type of negligence and may involve unsafe work site conditions,…

General Issues
Customer Relationship Management: Why Good Relationships Are Good Business in Construction

Customer Relationship Management: Why Good Relationships Are Good Business in Construction

 Businesses depend on the development and maintenance of vital relations with employees, business partners, suppliers, customers — any person or entity that is involved in the business process. Companies that intentionally cultivate and maintain connections…

General Issues
5 Mistakes Engineers Should Avoid in Construction

5 Mistakes Engineers Should Avoid in Construction

Everyone makes mistakes in things they do, such as daily actions and activities, their opinions towards someone or something, or judgements towards techniques and processes that result in poor outcomes, poor reasoning, and overall carelessness.…

General Issues
Effective Ways to Keep Up With Construction Equipment Maintenance

Effective Ways to Keep Up With Construction Equipment Maintenance

The saying “if it isn’t broke, don’t fix it” is too often the way some view construction equipment maintenance. Why would you pay for service on your equipment if there’s nothing wrong with it, Right?…

General Issues
HOW TO CUT OVERHEAD COSTS AND INCREASE PROFIT

HOW TO CUT OVERHEAD COSTS AND INCREASE PROFIT

What would you do if you had a Human Resources employee who could improve the company’s profit margins, positively impact the cost of goods sold, lower the day’s sales outstanding, and increase the earnings ratio…

General Issues
What Do You Do When Your Construction Project Is LOSING Money?

What Do You Do When Your Construction Project Is LOSING Money?

Unfortunately some construction projects aren’t profitable. What happens when a project starts losing money could drastically impact the outcome of the project – often making the problems worse and even damaging the contractor’s reputation. So…

Financial / Statutory Issues
Negative Cash Flow – the death for many Construction Companies

Negative Cash Flow – the death for many Construction Companies

Negative cash flow probably causes more construction companies to run into financial trouble (leading to their closure) than any other cause. Even a profitable construction project can cause a company financial problem if the cash…

General Issues
Should You Buy or Rent Construction Equipment?

Should You Buy or Rent Construction Equipment?

Regardless of your industry, you’re going to have jobs come up where you need a piece of equipment you don’t have in your fleet. At that point, you will need to decide whether you want…

Business Development Issues
The CONSTRUCTION Project MANAGER’S Financial Duties

The CONSTRUCTION Project MANAGER’S Financial Duties

Construction project managers, or site managers, have a multitude of duties and tasks to perform. Unfortunately, many managers concentrate on delivering the construction project and some of their financial duties are neglected. This often impacts…

Financial / Statutory Issues
The Importance of Maximizing Monthly Valuations On Your Construction Projects

The Importance of Maximizing Monthly Valuations On Your Construction Projects

Many projects fail to submit their monthly valuations on time or fail to claim all the revenue they are entitled to. This usually results in the contractor having a negative cash flow which impacts the…