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Inside the 2023 Outlook for Equipment Acquisition & Financing

Construction Business Owner

Inside the 2023 Outlook for Equipment Acquisition & Financing ccapoccia Tue, 05/16/2023 - 16:08 Each year brings new challenges that construction businesses must navigate to be profitable and grow.

Finance 156
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How Construction Finance Leaders Can Drive Employee Engagement

Construction Business Owner

How Construction Finance Leaders Can Drive Employee Engagement 3 key strategies to better overcome staffing challenges in today’s competitive market mhodges Thu, 06/01/2023 - 13:29 Older generations of workers are retiring while others are considering careers in different industries or choosing not to return to work.

Finance 296
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The Secret Sauce to Protecting Construction Profits  

Autodesk Construction Cloud

While incredibly rewarding, the construction industry is a challenging sector to work in for cost-focused business and project executives. By taking proactive steps and adopting the right tools, you can mitigate and safeguard your firm’s profits. Decisions made using “bad data” are estimated to cost the industry $88.69

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APB's Annual Industry Report Shows Positive Outlook for 2023

Pro Builder

The report, compiled annually, surveys 1,000 residential home builders operating in the United States, Canada, Australia, and New Zealand, and is commissioned to gather deeper insights into the residential construction industry and spot emerging trends to enable building company owners to benchmark their own businesses against industry standards.

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Green Buildings are Subsidizing Conventional Buildings Stymying Climate Progress

Green Building Law Update

Green buildings are less risky, more profitable, with higher appraised value than conventional buildings that results in higher company creditworthiness, measuring the reduced likelihood of it defaulting on its debt, but today, green building does not receive a commensurate lower interest rate on its debt. It is time to dare and endure.”.

Green 293
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Monitoring Your Financial Position to Succeed in the Construction Industry

Viewpoint Construction Technology

While many businesspeople swear by hard work and technical proficiency as the key ingredients of success, within the construction industry, there is a broader understanding that success is built on more than just structural expertise and hard work. Sometimes this erodes profit, but in some scenarios, it can mean losses or even worse.

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The upside of job costing: More accurate estimates means more money in the bank

Lets Build

Whatever your reason for getting into the construction business, a love for job costing and puzzling out profitability likely wasn’t a contributing factor. In a recent study of self-identified business owners, accountants, bookkeepers, estimators, and finance managers within the construction industry, 1.