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Business Development Issues
Your tender submission or quotation – Get it right

Your tender submission or quotation – Get it right

A tender is, in essence, a type of transaction model used by large organizations, government bodies, companies and NGOs in order to find contractors for particular projects or procurements. Basically, it is a bidding process…

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…

Business Development Issues
How Construction Companies in Nigeria can overcome their Challenges (1)

How Construction Companies in Nigeria can overcome their Challenges (1)

A Construction company is a type of business, enterprise or similar organization created and operating to construct a wide variety of buildings, developments, housing, roads, motorway and other types of construction projects. The Nigerian construction…

Business Development Issues
Creating a Marketing Plan for Your Construction Company

Creating a Marketing Plan for Your Construction Company

There is a lot to keep in mind when marketing your construction company. It goes way beyond simply making a logo. In the construction industry, your reputation is a big deal and branding and marketing…

Business Development Issues
5 Keys To Effective Construction Project Management

5 Keys To Effective Construction Project Management

Project management objectives are the successful development of the project’s procedures of initiation, planning, execution, regulation and closure as well as the guidance of the project team’s operations towards achieving all the agreed upon goals…

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…

Management Issues
The Impacts of Not Completing your Construction Project on Time

The Impacts of Not Completing your Construction Project on Time

Many construction projects are financially successful until the end, when costs suddenly spiral out of control. The main reason for the additional costs is because the project isn’t completed on time. When I say completed,…

Management Issues
Understanding the Real Cost of Delays on Your Construction Project

Understanding the Real Cost of Delays on Your Construction Project

Unfortunately many construction projects run late due to circumstances caused by the client or their agents. Some reasons for these delays were discussed in a previous post. Pricing the full cost of delays can be…

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…