by Simplar | Jan 14, 2021 | Risk Management
Subject: the role of sureties You Can’t be a Surety So Learn to Act Like One Thirty years of accumulated study as a contractor, work-out specialist, consultant, and research professor have verified the following realities about risk in the construction industry:...
by Simplar | Jan 14, 2021 | Labor & Labor Issues
ALERT Without Skilled Labor YOU’RE OUT OF BUSINESS The skilled labor shortage plaguing the construction industry has reached crisis proportions. Wall Street Journal – July 2018 A recent Wall Street Journal article by Laura Kusisto reported: “Construction lost...
by Simplar | Jan 14, 2021 | Developer Delimas/Issues, Developer Delimas/Issues
Developer’s Dilemma “This Financing Doesn’t Fit” Warren Buffet once famously quipped, “I wear expensive suits. They just look cheap on me.” Traditional developer debt financing is a long-standing, robust banking product that has helped fuel the building of America....
by Simplar | Jan 14, 2021 | Procurement
SUBJECT: THE HISTORY OF LOW BID “The Bidder Who Makes the Most Mistakes… Gets the Job” If this weren’t true, it wouldn’t be funny. Irony is humor because the underlying truth shouldn’t be so, but it is. Our industry has been enjoying this old joke ever since the...
by Simplar | Jan 14, 2021 | Board of Directors
The Role of The Board of Directors In Closely Held Construction Companies Closely held construction enterprises rarely have a board of directors. Most construction company founders consider a board pretentious or a pain in the neck or an unnecessary expense or an...
