5 Essential Financial Management Tips for Small Construction Companies
Civiconcepts
MAY 30, 2024
Source: Pexels Managing finances effectively is essential for success in any business, but especially so for small construction companies.
Civiconcepts
MAY 30, 2024
Source: Pexels Managing finances effectively is essential for success in any business, but especially so for small construction companies.
Construction Marketing
MAY 27, 2024
Over the last two decades, marketing has grown into a trailblazer — where utilizing new methods and techniques is needed for any business to stay ahead. With this, each industry has its own set of marketing tools and strategies, where each business finds new ways to grab its audience’s attention. One of the most prominent in the world of marketing has to be the evolution of esports, and industries like construction , finance, and other traditional businesses should take a leaf out of the e
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Construction Dive
MAY 30, 2024
With a state law restricting local governments from mandating heat safety on the horizon, immigrant laborers say bosses refuse their calls for relief.
Construction Business Owner
MAY 30, 2024
Seeing the Big Picture & Setting Up a Company for Lasting Success ccapoccia Thu, 05/30/2024 - 13:55 In 1979, McDonald’s launched its first Happy Meal, the Sony Walkman arrived on the music scene and CompuServe introduced a dial-up service for consumers — a precursor to today’s online world. During this time of creativity and innovation, Keith Kothmann founded Construction Cost Management (CCM) in Fort Worth, Texas.
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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.
GCP Applied Technologies
MAY 29, 2024
CHRYSO & GCP Win Two Innovative Fiber Project of the Year Awards Phillip.fry@gc… Wed, 05/29/2024 - 14:30 DUCTILCRETE® & STRUX® solutions recognized for solving complex challenges GCP Applied Technologies May 29, 2024 CHRYSO & GCP (Saint-Gobain Construction Chemicals), a worldwide leader in sustainable construction, is proud to announce that the Fiber Reinforced Concrete Association (FRCA) awarded two of their projects with the Innovative Fiber Project of the Year award.
Professional Constructor Central brings together the best content for construction professionals from the widest variety of industry thought leaders.
PC Construction
MAY 30, 2024
Last week I joined fellow employee-owners Melanie Hurrell and Natalie Boor at Bernstein Shur’s 9 th Annual Women in Construction event in Falmouth, Maine. Berstein Shur is a female-led, New England-based law firm that practices around the world in multiple industries, with construction being one of them. Continued engagement within the construction industry is valuable to the growth of PC and the entire construction community, and this event did not disappoint.
ENR Construction
MAY 29, 2024
Additive manufacturing and 3D printing patents are being filed for everything from human urine-bound bricks to radiation shielding for construction on the moon.
Job Order Contracting
MAY 27, 2024
Improving Job Order Contracting outcomes requires transformational change. We have yet to reach a point where JOC is valued for more than simply speeding procurement times. To date, most public sector owners use JOC to shorten procurement timelines without sufficient consideration of cost, quality, relationship building, or risk mitigation. The net effect is that many owners are wasting hundreds of thousands to millions of dollars paying for “JOC consulting” fees as a percentage of
Safti First
MAY 28, 2024
Research and development drives innovation in any industry, but it is especially critical when it comes to a life safety product like fire rated glass and framing. It ensures these products don’t just meet the minimum requirements, but goes above and beyond in protecting people and property. Whenever SAFTI FIRST embarks on launching a new product, the intention is always the same – create a revolutionary, game-changing product that delivers the greatest design flexibility and customer sati
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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.
Civiconcepts
MAY 28, 2024
Modern wastewater treatment technologies are transforming urban development. With growing populations and environmental concerns, cities must adopt innovative solutions to manage wastewater efficiently.
Construction Business Owner
MAY 30, 2024
How to Select Appropriate Head Protection for Construction Workers ccapoccia Thu, 05/30/2024 - 12:04 Construction has the highest number of fatal and nonfatal work-related traumatic brain injuries (TBIs). Nonfatal TBIs are life-altering events, whereby 43% of patients treated for TBI did not attend ordinary work for five years after injury. 1 Helmets are the single most effective tool for prevention of head injury.
Job Order Contracting
MAY 28, 2024
While we are all aware of the high levels of financial and environmental waste associated with the construction and sustainment of the built environment, very little has been done to address the issue at the root cause level. . What are the sources of most project cost overruns, delays, and overall dissatisfaction with outcomes? The failure to use standard terms, definitions, and data architectures as well as objective local market data.
Construction Dive
MAY 28, 2024
The number of projects identified or underway is up 40% in the past six months according to the White House, but more money needs to be disbursed.
Speaker: Dylan Secrest
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.
Safety Services Company
MAY 31, 2024
The world’s energy demands continue to rise, particularly in the Oil and Gas industry. This creates a growing need to embrace sustainability and optimize operations with innovative technlogies. Exploring the integration of Oil and Gas Digital Twin technology in this sector not only highlights advancements but also sets the stage for significant operational transformations.
Construction Business Owner
MAY 30, 2024
Creating Seamless Processes & Frictionless Collaboration ccapoccia Thu, 05/30/2024 - 09:27 Success on complex and sizable construction projects requires more than just hard work, cooperation and trust in your team. In today’s digitally charged work environment, leveraging technology as your catalyst toward greater profitability is seen as a necessity rather than a luxury.
Job Order Contracting
MAY 30, 2024
Public sector facilities management has not measurably improved for decades. The reason is simple. Lack of organizational development readiness. Despite the availability of integrated, collaborative, and robust frameworks that enable Planning, Procurement, and Project Delivery teams to performs at signinficant higher levels with respect to cost visibility, cost management, quality, and speed, public sector FM suffers from an endemic lack of accountable, capable leadership.
Construction Dive
MAY 29, 2024
Speakers at the annual NIBS conference recommended using the “gorilla test” and other techniques to monitor the technology as it evolves.
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.
Contractor Magazine
MAY 28, 2024
Different segments of the PHCC organization, and the p-h-c industry as a whole, came together for another impactful legislative event in Washington, DC.
Construction Business Owner
MAY 30, 2024
How to Drive Change When the Old Way Feels Just Right ccapoccia Thu, 05/30/2024 - 12:44 Leadership’s charge can be referred to as “change for better results.” Leaders identify an aspect of their organization or business and understand that change must occur. Whether it is a process that isn’t working or a market that isn’t yielding results, something has to give.
Job Order Contracting
MAY 31, 2024
United States Government agency FM strategy and management has remained inefficient and without proper oversight for decades. Lacking leadership, capacity, and accountability, they are still remain unable or unwilling to quantify and manage the returns on FM investment. Other countries, such as the UK for example, are realizing that early engagement of the real property owner, the end user, and the planning, procurement, and project delivery teams are critical to improving overall repair, renov
Construction Dive
MAY 30, 2024
Turner retained the No. 1 crown, but a different builder has worked its way up to the second-place slot in ENR’s annual ranking.
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Budgeting, forecasting, and financial planning directly impact construction project outcomes. Inaccurate projections lead to cost overruns and delays. This guide outlines best practices for financial discipline, including forecasting methodologies, resource allocation strategies, and risk mitigation frameworks. Industry leaders recognize that precise financial control is essential for profitability and project stability.
Contractor Magazine
MAY 31, 2024
Where are the young people entering the plumbing trade? They're here! Meet three young tradesmen and hear their stories of success.
Construction Business Owner
MAY 30, 2024
The Pros & Cons of Fleets Going Green ccapoccia Thu, 05/30/2024 - 12:24 Sustainability within the construction industry can encompass everything from project design, build and waste removal, to what materials and fleet assets are used. A significant amount of focus around sustainability is on electrification of both vehicles and equipment, but to build a solid sustainability strategy, it’s imperative to also consider other aspects — such as the efficacy of green materials — and gain a clear
BD+C
MAY 29, 2024
Compelling Conversations: Panelized Walls for Multifamily Projects 1 kcichowicz Wed, 05/29/2024 - 10:37 Learn why a Colorado-based framing contractor favors panelized walls over traditional framing in APA’s Compelling Conversations. APA – THE ENGINEERED WOOD ASSOCIATION MFPRO+ Blog APA’s Compelling Conversations features building professionals discussing important issues with APA experts and what they mean for the building industry.
Construction Dive
MAY 28, 2024
The $3.7 billion UC Davis Medical Center in Sacramento, California, and the $1.8 billion Linde Blue Hydrogen plant in Beaumont, Texas, ranked as the top two projects to get underway last month.
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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.
Contractor Magazine
MAY 28, 2024
For all trades the journey breaks down into five phases, each with distinctive logistical, financial, technological and cultural challenges.
Construction Business Owner
MAY 30, 2024
How to Embrace Tech & Realize True Digital Workflows ccapoccia Thu, 05/30/2024 - 09:47 We as an industry have reached a tipping point when it comes to technology and its value across the construction workflow and beyond. In years past, construction and survey firms have invested in a tool or technique to improve a task with great success. For instance, many now use a total station because it’s far more efficient than using string and tape.
ENR Construction
MAY 28, 2024
Developer-contractor exits U.S. markets after 45 years to refocus operations in home country.
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