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A Challenging Industry Warrants Sophisticated Tools. Considering contractors face ongoing high pressure to perform and operate with razor-thin profit margins, there’s no doubt: construction is a challenging industry. Each project carries a significant amount of risk including countless safety issues, stringent regulations or contractual obligations, weather delays, lack of qualified labor, subcontractor performance and inconsistent cash flows, just to name a few.
Last week’s Polar Vortex wreaked havoc across nearly the entire country with freezing temperatures and sporadic snow storms. We’ve received a number of questions regarding the measures one should take prior to freezing temperatures and snow. OSHA has comprehensive resources available. Here are 5 tips that must be followed when prepping for a storm. Know and share your snow removal plan.
In the next few weeks, I’ll be reviewing several blogs, including entries in the 2019 Best Construction Blog competition. As a bonus, in preparing this year’s competition content, I reviewed the long-standing Construction Blogs and Resources List. Here, I removed dead links and blogs that have not been updated in several years, while of course […].
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.
The U.S. Green Building Council issued a LEED Interpretation in 2018 ruling, “smoking of cannabis is considered a form of smoking for the purposes of both the interior and exterior smoking provisions of the LEED Prerequisite Environmental Tobacco Smoke Control.”. The LEED prerequisite prohibits smoking outside the building except in designated smoking areas located at least 25 feet from all entries and operable windows.
The U.S. Green Building Council issued a LEED Interpretation in 2018 ruling, “smoking of cannabis is considered a form of smoking for the purposes of both the interior and exterior smoking provisions of the LEED Prerequisite Environmental Tobacco Smoke Control.”. The LEED prerequisite prohibits smoking outside the building except in designated smoking areas located at least 25 feet from all entries and operable windows.
For lack of a better word, DIYing, as most of us have come to know it, is increasingly becoming a trending consumer behavior. There are so many reasons as to why most people opt to DIY than seeking a professional hand or opinion. First, if we would consider the time it takes to pull off a particular DIY task, it can be way too much, well considering the learning process.
Over the past few years, we’ve seen a significant boom in the amount of technologies construction companies are deploying to streamline workflows, improve productivity, expand the scope of projects, expand access to data, enhance collaboration and generate stronger profit margins. As contractors race to modernize their own operations to stay competitive, they’re becoming more confident in — and excited about — new technologies.
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.
The construction market is expected to remain competitive in 2019 and that’s a positive position for companies. A strong market correlates to higher demand and more potential business for you to gain. It may also cause more competitors to enter the construction services space as well. So it’s time to get smart with your marketing dollars. This will require a commitment to implementing a strong marketing and lead generation strategy to attract the high quality prospects you want this year.
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.
When buying assets for your company, you need to think about the investment that you lay on the table. See it as an asset, use it carefully, and you will reap the fruits of having it in your firm. In regards to this topic, many CEOs have differing opinions as to whether or not you should buy or rent heavy machinery. When I mention the word “heavy machinery,” I mean caterpillars, excavators, and the likes.
What is the No. 1 function that could help you generate the highest revenue, increase equity and/or produce the best project results? As a business owner, you must identify your companywide must-do roles (MDRs) and delegate them to the right employees. Most importantly, you must determine your own MDR, and it’s probably not the role you think it is.
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.
Researchers at a Swedish university further solidified the idea that UAVs can inspect dams, wind turbines and other types of infrastructure faster and more safely than humans.
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.
Plus, Autodesk's first Revit update rollout of the year is optimized for the cloud and DroneDeploy tools to leverage drone data now integrate with Multivista.
With mobile technology becoming an ever-present and necessary addition to the construction industry, there is a seemingly endless array of app and software choices. CBO is here to help with a regular information download on different apps to help you run your business.
Having integrated software is key to your success as a modern contractor. In your search for a suitable project management system for your construction business , you will no doubt be faced with the challenge of narrowing down many options. Arguably, one of the most important factors to consider will be the new system’s compatibility with your existing systems.
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.
To meet an aggressive schedule on an AECOM-designed hospital, Mortenson turned to technology to communicate the changes taking place and ensure fidelity to the model.
An important item in a workshop toolbox is the SDS drill. It is absolutely useful and virtually indispensable when it comes to drilling hard surfaces. SDS drills were first manufactured in the mid-1970s. Before the advent of the SDS drill, it was very cumbersome and remarkably difficult for workers to bore holes into concrete or other similar surfaces.
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