by Simplar | Jun 30, 2021 | News Flash
Breaking News: Construction Profits Exposure Under Sudden Avalanche of Risk -Materials Inflation -Labor Shortage -Supply Chain Interruptions -Rising Taxes -Cybersecurity Threats Profits… Read the rest “News Flash: Construction Profits Exposure Under...
by Simplar | Jun 30, 2021 | Business, Strategic & Project Planning, Business, Strategic and Project Planning, Facility Management, Leadership, Leadership, Weekly Construction Message
In a study of thousands of construction company audited financial statements testing the profit projected on work in progress (WIP) reports over five years to the final reports of completed project profits, I found the average difference to be a little over 1% profit...
by Simplar | Jun 23, 2021 | Business Development, Business, Strategic and Project Planning, Leadership, Leadership, Weekly Construction Message
This blog is the culmination of our series on the CFO’s role in the management of construction companies. I have been attempting to lay out the “Best in Class” management practices that apply to the CFO. The feedback from the accounting profession...
by Simplar | Jun 16, 2021 | Business Development, Business Development, Leadership, Leadership, Leadership, Weekly Construction Message
As the world’s economy emerges from pandemic slumber, I’m hearing familiar rumblings from the contractors I talk to every day. Keep in mind that the construction market is not back yet. The Chatter “Material inflation is killing me. The contracts I...
by Simplar | Jun 8, 2021 | Business, Strategic and Project Planning, Leadership, Weekly Construction Message
Our search for “Best-in-Class” management of construction businesses has led us to the CFO’s door. Experience completing failed projects for sureties led me into extensive research about why so many construction companies unexpectedly failed,...
