by Simplar | Oct 26, 2023 | Business Failure, Business Failure, Cash Flow (Getting Paid), Weekly Construction Message
The process of estimating and preparing bids is one of our most essential management tasks, including direct and indirect costs. Professional estimators have a detailed knowledge of construction materials, specifications, techniques, codes, and pricing trends as they...
by Simplar | Dec 22, 2022 | Financial Management and Risk, Financial Management and Risk, Financial Management and Risk, Financial Management and Risk, Weekly Construction Message
Capital Capacity Thomas C Schleifer, Ph.D. Will we be running from rampant cost inflation or deeply mired in top-line recession in 2023? No one seems to know. What we do know is that we don’t know, and that’s treacherous turf. How do contractors decide whether to bid...
by Simplar | Jan 14, 2021 | Cash Flow (Getting Paid)
Capital Management Part 4 Financial Capacity When Babe Ruth was asked how he used to hit his way out of a batting slump, he replied, “I remembered to keep my eye on the ball.” This series of blogs on capital management are intended to be a reminder to construction...
by Simplar | Apr 21, 2022 | Business, Strategic & Project Planning, Business, Strategic and Project Planning, Business, Strategic and Project Planning, Business, Strategic and Project Planning, Organizational Change Management, Organizational Change Management, Organizational Change Management, Weekly Construction Message
Capacity Public financial markets value companies based on their ability to earn money into the future. Financial analysts apply a multiple to the current proven earnings of a given publicly traded company in an attempt to accurately predict the value of future...
by Simplar | Feb 6, 2025 | Built Environment, Business Development, Business of Construction, Business, Strategic & Project Planning, Financial Management and Risk, Leadership, Leadership, Organizational Change Management, Risk Management, Risk Management, Weekly Construction Message
Contracting is a risky business that works because contractors are risk takers. Every time we acquire a new project we are leaping into the unknown. No one has ever built this next project, and no one can predict its uncertain outcome. Is there uncertainty that the...
