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Even the most seasoned project managers face challenges on a daily basis. Construction projects are prone to more risks than most other industries—each project is unique, and there are endless factors that can impact its outcome. Not to mention that many of these factors are difficult to control. However, that doesn’t mean there’s no solution for each construction project management challenge.
Liens Can Wreak Havoc on Funding. By Brian Stadler, Wolgast President & CEO. If you haven’t built a building in the last couple of years, you may be surprised when your banker tells you that they want to hire a Title Company to handle all of your payments to not only the General Contractor, but also directly to the General Contractor’s second tier Sub-Contractors.
Depending on the nature of your construction business, you may have workers who are employees or contractors, or you may have both. Each has its merits, but it's important to review which are to meet your tax obligations. With so much discussion about employees, payroll, and payroll taxes, you may feel like missing out by not hiring many employees. The reality is that as a small business owner, you do not have to hire employees.
Getting electricity for your construction site isn’t always easy. Remote locations can mean you’re devoid of access to the local grid. If you need temporary power, we recommend a portable power station. Think of it like a giant battery that stores plenty of electricity, giving you all the power you need. We’ll cover why your construction site needs a portable power station and everything it can do for you.
The future of construction is sustainable, efficient, and cost-conscious. This guide offers a practical roadmap for reducing material waste, optimizing energy use, and integrating sustainable design principles. Discover how innovative construction firms are leveraging circular economy strategies, digital tracking, and energy-smart building solutions to reduce expenses and stay ahead of regulatory shifts.
Ceramic Vs Porcelain Tiles are perspective beneficial & versatile. It may be hard for any user to conclude whether Ceramic Vs Porcelain Tiles are when you do not know their … Ceramic Vs Porcelain Tiles | Porcelain vs Ceramic Tile | What’s the Difference Between Ceramic And Porcelain Tiles Read More ».
Winter Watch: Rules to Protect Your Jobsite. ccapoccia. Tue, 11/29/2022 - 20:56. According to the National Oceanic and Atmospheric Administration (NOAA), winter conditions this year are predicted to be drier than average across the South, with wetter-than-average conditions for areas of the Ohio Valley, Great Lakes, northern Rockies and Pacific Northwest.
Construction defects are caused as a result of various deficiencies such as poor building materials and workmanship or faulty design. They can be categorized into patent or latent defects. Patent (visible) defects are defects that can be discovered by reasonable inspection, while latent (hidden) defects are concealed defects or problems within the structure that are not […].
A Real Property Owner’s Guide to Improving Construction Productivity. Measurable improvement in facilities repair, renovation, maintenance, and new build efficiency involves strengthening the focus on implementation. A critical aspect involves balancing standardization of activities and information with empowering those doing the work on site.
Between January and October of 2021, 79,289 vacant lots were sold in the 100 largest U.S. metro areas, highlighting a 32.4% increase from the same time period in 2020, according to Realtor.com. For those looking to invest in a vacant lot (also known as ‘raw land’), the thought of going on to develop the site can be daunting, especially for those who have never taken on such a large project before.
Take your construction business to the next level with our comprehensive 2025 funding guide! Whether you're managing seasonal cash flow challenges, dealing with unexpected equipment repairs, or planning to scale your operations, securing the right funding is essential for success. This guide explores a range of fast and flexible financing options tailored for construction businesses.
Nearly four years ago, we combined the teams of Geniebelt and Aproplan, with a shared mission to bring clarity to the complexities of construction. Since then, we have tried to get as close as possible to our customers, exploring directions to help them tackle their most frustrating challenges. And meanwhile, the entire market has become more and more convinced of the importance of digital.
Sarah Dunn, Senior Vice President at CG Schmidt. ccapoccia. Thu, 11/10/2022 - 16:06. No. 1 Must-Have: “ Humor. Surrounding myself with people who have a good sense of humor is really important to me. I think you can get through anything if you can laugh at yourself.”.
In foundation engineering, the term “floating” is used when the load on the structure is equal to or lesser than the soil displaced by the footing so that the soil is not subjected to any additional load. A floating building is a permanent structure that can only be seen in one location and cannot be […]. The post Floating Houses: Types, Principles, and Advantages appeared first on The Constructor.
Construction projects are high-stakes operations where even minor inefficiencies can lead to costly delays, safety concerns, and budget overruns. Managing risk in construction has always been a challenge, but as projects grow in complexity, traditional methods no longer cut it. Enter Digital Transformation - a game changer approach that replaces inefficiency with AI-powered analytics, real-time monitoring, and automated workflows to proactively manage risk.
Fasteners play an essential role in the world of construction. These small components connect materials to form structures, equipment, and other industry essentials. Different kinds are used to secure, attach, and hold parts together in various settings and circumstances. . They usually come in two kinds: permanent and non-permanent. Some examples of permanent fasteners include nails and rivets, while non-permanent ones include screws and pins. .
The construction industry has a unique problem when it comes to calculating and improving labour productivity: Every project consists of a wide variety of tasks that differ from site to site. However, even with this challenge, there are some methods to calculate labour productivity in construction. Free eBook: Quick guide to Lean practices for construction professionals. 3 strategies to calculate labour productivity in construction.
Construction is one of the world’s most important sectors and it wouldn’t be where it is today without all the dedicated individuals who continue to take the industry forward. We love celebrating exceptional AEC professionals so every year, we ask the community to nominate their top picks for Autodesk’s 40 Under 40: Champions of Construction.
Speaker: Duke Heninger, Partner and Fractional CFO at Ampleo & Creator of CFO System
Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Duke Heninger, a seasoned fractional CFO and CPA passionate about transforming back-office operations for finance teams. This session will cover critical best practices and process improvements tailored specifically for accounting professionals.
Promote to rotator No. Rotator Image. Status of webinar Featured. Learn easy-to-implement processes and systems to help contractors save time, maintain control over spending and keep fraud at bay. Tue, 12/13/2022 - 12:00. 1:00 p.m. CST. Time is the most valuable commodity — and most contractors have very little of it. One of the most time-consuming tasks required to run a business is managing company expenses.
An isolation joint in concrete structures is a type of separation provided to isolate a given structural member (slab) from the adjacent sections of the concrete structure to allow relative movement in three directions. For example, a concrete slab isolated from a wall, column, or a drain pipe. An isolation joint is a type of expansion […]. The post What are Isolation Joints in Concrete Structures?
Begin to improve facilities management today by implementing change. Change that will result in significant improvement in all repair, renovation, maintenance, and new build activities and outcomes. [contact-form] www.4bt.us. The post Begin to Improve Facilities Management Today appeared first on 4BT.
Prices of newly listed homes across the US have increased 13.5% since March 2021, with the median price reaching $405,000 marking an 8% increase during the same period, according to Fit Small Business. Though house prices have been steadily rising, the demand for residential and commercial property from both local and international investors continues to surge as well.
Grow Leads & Visibility! Contractors need more than word-of-mouth. A strong website boosts visibility, draws in leads, showcases skills, and enhances your credibility. Learn how a quality site, that is easy to manage, can set you apart from the competition, and help can take your construction business to the next level. Marketpath is a leading provider of high-quality website solutions tailored for contractors and the construction industry.
Is it time for your construction business to invest in some new equipment? And if so, is it a more brilliant business decision and cost-effective to rent or buy? Black Friday, followed by Cyber Monday, is coming. The real question is what equipment is on your business shopping list. It is all a question of your budget, income, cash flow, profit & loss, and taxes.
Technology has undeniably improved operational efficiency across the construction industry. On one hand, teams can connect and collaborate more conveniently, thanks to cloud-based platforms. However, as construction companies rely on more and more advanced technology solutions that serve various teams and workflows, keeping them coordinated and in-sync can prove difficult.
Mindy Colden, Vice President, North Carolina at Faulconer Construction Company. ccapoccia. Thu, 11/10/2022 - 15:56. No. 1 Must-Have: “ When I was in high school, one of my best friends passed away in a car accident. But the lesson I took from it was to not take time for granted and live every day like it might be your last day, because nothing is guaranteed.”.
A short circuit occurs when there is a low-resistance connection between two conductors that supply electricity to a circuit. As a result, the power supply would experience an excessive current flow and excess voltage streaming. The electricity will flow along a “short” path, which causes a short circuit. Electricity prefers to choose the path of […].
For construction businesses, scaling operations means taking on greater workloads. Unfortunately, much of the responsibility of managing additional work falls on you and your finance team. Learn how you can navigate the increased complexity of managing more projects without adding headcount. We’re here to share insights into why technology is key to scaling your finance operations.
An Efficient Approach to Facilities Sustainment requires the Integration of Planning, Procurement, and Project Delivery Teams, a robust programmatic process, and a common data environment inclusive of locally researched granular cost data. Process must complement the product/service, as well as participant, stakeholders, and other resources. Integrate cross-functional teams and organizations.
You can’t overlook the importance of installing decking on commercial trailers, as it helps create additional room to store your cargo while in transit. The decking on commercial trailers also boosts the efficiency of your commercial trailer because it allows you to transport a lot of cargo in large quantities. . But despite these benefits, the steps you must follow when installing decking on commercial trailers might appear too complicated for the average person.
Long-standing customers form the backbone of a robust and well-established business. Make it your mission to ensure that most of your current customers stay with your company for many years. Understanding the High-Profit Client Most of them have personality traits commonly known as drivers. Folks accustomed to getting things done quickly and efficiently do not mind paying professionals for servicing, repairing, remodeling, or building new construction projects related to their houses and commerc
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