Construction Business Owner
OCTOBER 17, 2016
Most of us have emails filling our inboxes throughout each workday. Often, it seems like a job in and of itself just to keep up with them. When an invoice comes across your desk, you typically review it, approve it or reject it, and move on. Imagine your surprise when you receive an email from a client you have been working with, confirming that they have paid their invoice.
HardHatChat
JUNE 24, 2016
Last month, I had the opportunity to check in with an Illinois Real Estate Journal reporter for a feature on the latest trends in senior housing ( you can read the article here ). It’s an extremely timely topic for commercial construction firms since, as we noted in our post last year on Commercial Construction Trends and Predictions for 2016 , senior housing construction is currently booming.
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The Constructor
NOVEMBER 12, 2016
Loads and Forces Acting on Retaining Wall There are various types of loads and forces acting on retaining wall, which are: Lateral earth pressure.
Green Building Law Update
OCTOBER 6, 2016
Regular readers of this blog will know that the Greenbuild Conference and Expo is the world’s largest event dedicated to sustainable building. And I believe the real action is on the Expo floor, although there was a lot of chatter this year about changing personnel at USGBC. This week there are more than 500 exhibitors spread across the 150,000 square feet Expo floor in Los Angeles.
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FDR Safety
MAY 19, 2016
Thanks to a new OSHA recordkeeping rule, employers urgently need to take a close look at their employee handbooks, safety policies and procedures, safety incentive programs, and drug testing policies. The rule , which was issued late last week and goes into effect within 90 days, provides new means for employees to pursue claims that they have suffered retaliation for reporting safety concerns.
Professional Constructor Central brings together the best content for construction professionals from the widest variety of industry thought leaders.
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Construction Business Owner
OCTOBER 27, 2016
As the peak construction season begins to slow down, many companies will review what occurred in 2016 and begin to project for the remainder of the year. Unlike the fiscal year, an evaluation of your company’s risks and its approach to risk management does not end December 31. Contractors should regularly assess their own specific risks and determine whether they are fully utilizing the tools available to mitigate those risks.
Construction Business Owner
SEPTEMBER 22, 2016
With profit margins averaging around only 3.5 percent, construction companies cannot afford to waste money. It is imperative that company owners plug any leaks in their financial affairs, including any possibilities of fraudulent acts by employees or outsiders. Unfortunately, fraud has been widespread in the construction industry for a long time and can be perpetrated through a variety of schemes.
Construction Business Owner
OCTOBER 3, 2016
Nowadays, in order to recruit and retain the best talent in the industry, embracing cutting-edge technology must be a top priority for your company. Implementing solutions like cloud-based software and wearable technology is only the beginning of the tech revolution happening in the construction industry, and providers like Oracle are focused on how to make the implementation of tech a smooth, successful process.
Construction Business Owner
OCTOBER 25, 2016
Like the sage investment advice, “Buy low, sell high,” articulated dump trucks (ADTs) have a greater return on investment when a low total cost of ownership is paired with high use. While an ADT’s longevity is impacted by a wide variety of variables, you can control much of the outcome by selecting the right machine for the job, tending to maintenance and following the right operation, according to Brian Bereika, a Doosan ADT product specialist.
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Construction Business Owner
OCTOBER 27, 2016
After an exasperating few years, many experts are predicting a robust, healthy commercial building environment for 2016 and beyond. Fueled by the growing integration of sustainable and energy-efficient features, which are now viewed more as essentials than commodities, as well as contractors’ continuing reliance on technologies, predictions for the coming year alone range from extremely hopeful to booming.
Construction Business Owner
NOVEMBER 16, 2016
For centuries, construction firms of all makes and models have struggled with productivity. While other industries have benefitted from robotics, automation and other technological advancements, many studies indicate that the construction sector has suffered with no sizeable gain over the last 50 years.
Construction Business Owner
OCTOBER 27, 2016
One of the most common mistakes made when selecting an off-highway haul truck is assuming that rigid and articulated dump trucks (ADTs) are alike. Although they both have massive hauling capabilities, each truck type has specific features that are valuable in certain applications. Since an ADT’s simple, effective design can be very different from other pieces of hauling equipment, it is important that the trucks are compatible with specific tasks.
Construction Business Owner
NOVEMBER 21, 2016
It is safe to say there will always be conflict among the members of an organization when it comes to trying something new. This conflict often comes to light when new technology is introduced, such as remote-controlled equipment. It is easy to imagine the difference in opinion of early adopters, who love anything digital, and the group holding out for months until they are finally forced to try it, because the latter faction is often afraid the technology might replace them.
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.
Construction Business Owner
OCTOBER 21, 2016
Mines, as opposed to construction sites, are considered ongoing operations. Whether the mine is for copper, lead, aluminum, fuels, etc., it requires equipment and workers to be constantly operational and consistently effective to maintain productivity. Similar to construction sites, mine sites also require safety be a top priority; jobsite accidents or incidents have the capability to shut down the entire jobsite and production process.
Construction Business Owner
OCTOBER 11, 2016
The construction industry is never short on demand, but how well do contractors actually meet that demand? Although the industry hasn’t reached a consensus about productivity trends or how to accurately measure them—the data points to a general decline in productivity for the past several decades.
Construction Business Owner
NOVEMBER 10, 2016
I used to get tired of the same old excuses for poor performance. It was difficult to get our construction company managers, supervisors, foremen and field crews to do what I wanted them to do. They always offered semilegitimate reasons why they didn’t get the job done on time, why they didn’t follow directions, why it wasn’t their fault when something went wrong on the jobsite and why they couldn’t do what was expected of them.
Construction Business Owner
SEPTEMBER 12, 2016
Almost every contractor’s goal is to win more work than he or she currently has scheduled. When the economy was slow, contractors worked hard to keep crews busy and break even. And as the economy heated up, contractors began to take on more work than they could handle with their current staff. On paper, they figured they would make more money, as their overhead remained constant while their revenues grew.
Speaker: Duke Heninger, Partner and Fractional CFO at Ampleo & Creator of CFO System
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Construction Business Owner
OCTOBER 27, 2016
Part of an effective risk management program involves monitoring the industry and economic trends that could affect your business. Cal Beyer is the director of risk management at Lakeside Industries in Issaquah, Washington. Beyer has over 27 years of professional experience in safety, insurance and risk management serving the construction industry.
Construction Business Owner
NOVEMBER 10, 2016
Steve Wright. Vice President of Information Services Whirlwind Steel Buildings Inc.
Construction Business Owner
SEPTEMBER 28, 2016
Big data is a phrase used so much in today’s business world that it is nearly a cliché.
Construction Business Owner
SEPTEMBER 27, 2016
The importance of tires to the successful operation of loaders, articulated dump trucks and other vehicles used on construction sites cannot be understated. Quite simply, tires play an irreplaceable role in helping vehicles accomplish their tasks. The following are five best practices that will help you achieve optimal tire performance. The benefits will flow right to your operation’s bottom line.
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Construction Business Owner
SEPTEMBER 14, 2016
Annual performance appraisals typically evoke a feeling of dread, but it is hardly because of the feedback provided during these personnel development sessions. Interestingly enough, it is the thought of sifting through reams of paper, grading a procession of subordinates and the monotony of boring “years in review” that turn people off. Who wouldn’t find this activity draining?
Construction Business Owner
SEPTEMBER 16, 2016
For many contractors, work doesn’t end when the sun goes down. Working through the night has become commonplace, making light towers a necessity in any equipment lineup. With so much reliance on these units, it is crucial to maintain them regularly. Alongside manufacturer recommended maintenance, daily, weekly and monthly checks will keep your light tower shining bright.
Construction Business Owner
NOVEMBER 8, 2016
With Section 179 in effect for the remainder of 2016 and onward, there has never been a better time to invest in new construction and office equipment for your organization. With recent improvements approved by Congress, Section 179 of the Internal Revenue Code now allows organizations to completely deduct the purchase cost of equipment, up to a specific amount, the first year it is put into service.
Construction Business Owner
OCTOBER 27, 2016
With Section 179 in effect for the remainder of 2016 and onward, there has never been a better time to invest in new construction and office equipment for your organization. With recent improvements approved by Congress, Section 179 of the Internal Revenue Code now allows organizations to completely deduct the purchase cost of equipment, up to a specific amount, the first year it is put into service.
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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.
Construction Business Owner
SEPTEMBER 25, 2016
Grading a worksite is a critical element in preparing land for development. While it can be an expensive process, grading plays a critical role in laying out a mapped overview of jobsite development.
Construction Business Owner
SEPTEMBER 15, 2016
Over the last decade, nearly every industry on the planet has begun to leverage technology to radically change the status quo. Uber became the world’s largest taxi company. Airbnb became the world’s largest accommodation provider. Netflix became the world’s largest cinema. Whether the construction equipment industry likes it or not, disruption is right around the corner.
Construction Business Owner
SEPTEMBER 21, 2016
The benefits of pursuing projects outside of your home state can certainly outweigh the risks, as long as contractors carefully consider the common pitfalls of operating away from home. A contractor’s failure to comply with the unique laws of an individual state may not only make the difference in whether a project ends profitably, but it may also prevent a contractor from returning to the same state to pursue future opportunities in the same community.
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