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Exploring Exit Plan Strategies. Alex Headley. Mon, 01/10/2022 - 09:25. The United States construction market is a $2.4 trillion dollar industry, with over 4 million participants as of September 2021. Since the aftermath of the 2008-2009 financial recession, the growth in new construction companies has ballooned; approximately 81,000 new construction companies per year have entered the market, on average, since 2014.
Owners, designers, engineers, builders, and facilities managers can harness the POWER of Locally Researched Granular Construction Cost Data. Harness the power of verifiable local construction cost data. “Data-driven” repair, renovation, maintenance, and new build planning, procurement, and project delivery drive huge benefits. In short, the results are consistent delivery of quality projects on time and on budget, when linked with robust LEAN processes.
Your financial statements hold powerful insights—but are you truly paying attention? Many finance professionals focus on the income statement while overlooking key signals hidden in the balance sheet and cash flow statement. Understanding these numbers can unlock smarter decision-making, uncover risks, and drive long-term success. Join David Worrell, accomplished CFO, finance expert, and author, for an engaging, nontraditional take on reading financial statements.
Reality in Job Cost Integrity. Alex Headley. Wed, 01/12/2022 - 08:45. The vicious job loop is an endless cycle of misrepresentations and mistruths. There are so many things that can go wrong in job cost reporting and the interesting thing is that most of the issues lie not in information technology but with human psychology. Sure, there was a time when there was not a great, seamless system of real time feedback, allowing construction organizations to make project course corrections.
Construction sites are full of activity due to moving parts and heavy machinery. Unfortunately, a small mistake can lead to serious and costly accidents, especially considering the price of cranes and other heavy machines from the heavy machinery marketplace. For those installing properties using rigging equipment, the complexities of these job sites are even worse.
Construction sites are full of activity due to moving parts and heavy machinery. Unfortunately, a small mistake can lead to serious and costly accidents, especially considering the price of cranes and other heavy machines from the heavy machinery marketplace. For those installing properties using rigging equipment, the complexities of these job sites are even worse.
A thorough understanding of facilities system service life is critical to efficient life-cycle asset management of any real property portfolio. Request the full list here. Design and build costs represent only a fraction of the total cost of a building. Efficient management of routine and preventive maintenance, as well as repairs, renovations, and adaptations is critical to any organization.
The 10 Commandments of Project Success. Alex Headley. Fri, 01/14/2022 - 09:00. Outlining how you will manage, operate and run your construction business is a big step toward building a continuously profitable construction company. You, your managers, field supervisors, estimators and crews must know the basics — rules, standards, values and fundamentals — that you stand for as a company.
The three winners were selected from a record-setting number of entries submitted for Business Facilities’ 2021 Deals of the Year awards. The post Ford, Samsung Electronics, KORE Power Named 2021 Deals Of The Year appeared first on Business Facilities Magazine.
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.
A thorough understanding of facilities system service life is critical to efficient life-cycle asset management of any real property portfolio. Request the full list here. Design and build costs represent only a fraction of the total cost of a building. Efficient management of routine and preventive maintenance, as well as repairs, renovations, and adaptations is critical to any organization.
Promote to rotator No. Rotator Image. Status of webinar Featured. How to build a pipeline of talent to keep business moving forward. Thu, 02/24/2022 - 12:00. 1 p.m. CST. Today, ongoing business disruptions, such as supply chain and inflation challenges, only add to the already difficult workforce issues the construction industry is facing. To stay on top, savvy companies must drive efficiencies across the board, including human resources (HR) and staffing.
Cancer screening and diagnostics company Exact Sciences will create 1,300 jobs at its new Madison, WI facilities. The post Exact Sciences Commits $350M To Wisconsin Expansion appeared first on Business Facilities Magazine.
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.
Owners, designers, engineers, builders, and facilities managers can harness the POWER of Locally Researched Granular Construction Cost Data Harness the power of verifiable local construction cost data “Data-driven” repair, renovation, maintenance, and new build planning, procurement, and project delivery drive huge benefits. In short, the results are consistent delivery of quality projects on time and on budget, when linked with robust LEAN processes.
Companies that put more emphasis on production and the bottom line will still lose revenue because of employee safety incidents. Having someone on board who’s passionate about EHS pays its own dividends. In this episode, Todd Waldron , Environmental Health and Safety Supervisor at Comstock Resources , joins us for a lively conversation about being a truly effective EHS leader.
Nucor Corporation will invest more than $2.7 billion—the company's largest single investment—in a state-of-the-art sheet steel mill Mason County, WV. The post Nucor Announces Largest Investment In West Virginia History appeared first on Business Facilities Magazine.
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.
Most contractors are skilled technicians who learned their tradecraft in an apprenticeship program taught by a Master Technician, experience, or combination of these methods. There is a way to learn to operate your contracting company from a Master Contractor. With time, they developed a Paradigm, Mindset, Understanding, whatever word makes the most sense to you about how construction companies operate based upon their experiences.
Texas Buyers Are Succumbing to a Frenzied Market—But Prices May Be Slowing. ldeakins. Tue, 01/11/2022 - 10:30. Texas real estate is looking more and more like the wild west, and first-time buyers are struggling to compete. Low mortgage rates have kicked off a buying frenzy across Texas as home prices continue to rise after an 18.6% year-over-year increase in 2021.
Upon completion in 2024, U.S. Steel's Osceola, AR facility will be the most technologically advanced steelmaking facility in North America. The post U.S. Steel Picks Arkansas For New $3B Steel Mill appeared first on Business Facilities Magazine.
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.
What Is A Manhole? Manhole can be defined as an access point inside the sewer line for material and workers. It is the most important component of the sewer line … What Is A Manhole | Purpose of Manhole | Types of Manholes | Manhole Construction Details Read More ».
Single-Family Homeowner Wealth Reaches $225,000 Over 10-Year Period. ldeakins. Mon, 01/10/2022 - 09:56. Homeowners who purchased a single-family existing home 10 years ago could rake in significant home equity gains in an elevated seller’s market. Homeownership is the largest source of wealth among U.S. families, according to The National Association of Realtors, especially as net gains from price appreciation and mortgage payments reach nearly ten times the median value of financial assets held
Battery Resourcers will invest $43 million and create 150 jobs in Covington, GA at its first commercial-scale battery recycling plant. The post Georgia Lands North America’s Largest Lithium-ion Battery Recycling Plant appeared first on Business Facilities Magazine.
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.
What Is Landscaping? Landscaping means changing a small portion of the land to improve its viability, value, and aesthetic look. The landscaping can involve the craft and art of growing … What Is Landscaping | Types of Landscaping Works | Landscaping Meaning | Essential Features of Landscaping Works Read More ».
Remote Work and Cryptocurrency Are Driving up Demand for Luxury Houses. ldeakins. Wed, 01/12/2022 - 10:30. Luxury real estate is reporting historic gains, and experts predict that cryptocurrency could keep demand high for years to come. Low interest rates, record-high inflation, and work bonuses are fueling a recent boom in luxury real estate as more professionals switch to remote work and invest in cryptocurrency.
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