Everyone struggles to keep up when business really takes off. Projects come all at once. You may hire additional field workers to meet the demand. Payroll is stretched because payments which come in on your new projects lag months behind the large sums you lay out weekly to pay your workers.
In the News
Thursday, December 5, 2019
Thursday, November 21, 2019
The IRS continues to zero in on what it calls the "tax gap" — the amount between the taxes that are voluntarily paid and the amount the tax agency believes is actually due.
Thursday, November 7, 2019
If you're operating a small construction firm, you may be working on a razor-thin margin to stay competitive. That means you can't afford additional costs or drags on your time without being compensated.
Thursday, October 24, 2019
Like the saying "You gotta be in it to win it," many construction firm owners submit many bids for local jobs to be in it.
Thursday, October 10, 2019
It may be time for your construction firm to think big. Big data that is.
Thursday, September 26, 2019
Taking a page from principles developed in Japan and used successfully by U.S. manufacturers, some cost-conscious leaders in the construction industry are advocating the use of lean production techniques.
Thursday, September 12, 2019
Customer relationships with general contractors or owners who give your firm regular work can be like family relationships. One specialty subcontractor remarked about his work relationships that, "You will be spending more time with me in a week than you do with your family!"
Thursday, August 29, 2019
Construction work, by its very nature, is a high-risk type of business. It usually isn't a matter of if a loss occurs, but when and how much. When a loss does occur, such as an electrical wiring fire, all the parties involved with the project generally point the finger at the other parties.
Thursday, August 15, 2019
No matter how careful your company is, accidents and injuries can still happen. When they do, responding properly is an important factor in keeping your Workers' Compensation insurance costs under control. Here are six steps to take in the event an injury occurs:
Thursday, August 1, 2019
As an employer, you want effective job managers who think on their feet. By the same token, your foremen want to please you because you're the one who pays them each week.