Stay The Course
Sometimes things don’t go well. You want to bag it. This happens to almost everyone at some point in their business.
Overview: Starting a New Construction Company
You need to know your trade but you also need to own and operate a profitable business.
Systems or Service?
Your business requires certain systems to run efficiently, but they shouldn’t keep you from providing the service your clients deserve.
Staying Focused
Running a construction-related business requires focus. Set aside the distractions and focus on your business.
Walking Into Nasty Homes
If you’ve been in selling remodeling or taking service calls in a home for any length of time, you’ve walked into nasty homes. Do you want to take on jobs like that?
Promoting and Working With Insurance Claims
We’ve seen some incredible storms already this year, and there always will be more. Michael shares some thoughts on insurance work.
Guaranteeing Your Work: Providing a Warranty
In most states, you, as the contractor, are required to provide a one-year parts and labor warranty on your work. Michael answers a few questions about the details.
Defining Quality
Many contractors believe building quality helps sell jobs. But in construction there’s no clear definition of quality.
Year-End Planning, Part 2
This is part two of our year-end planning paper. We’re going to pick this up by continuing an indepth look at your overhead budget for the coming year.
Year-End Planning, Part 1
Business planning isn’t exciting. But the effort you put into it has much to do with the results you’ll see next year and in years to come.
Mistakes Cost Money
I want to share a reminder of how little mistakes in your construction company can easily grow into big problems.
How Much Should You Pay Construction Employees?
If you want to attract and keep good employees, you need to pay top dollar.
What’s the Average Price?
Have you ever been asked for the average cost per square foot? We know there is no average price, there isn’t even an average job.
Down Payments
Are you getting paid for your work, on time and in full? If not, you need to take a hard look at how you’re conducting business.
Generating Consistent Leads
There isn’t any magic formula for quickly generating quality leads for your construction business. It requires focused long-term effort.
Employees and Cash Flow
Three things can quickly cause cash flow problems in construction. The first is not charging enough for your work or service. The second is using a payment schedule that uses your funds, not theirs, to build jobs. The third is too many employees.