by Simplar | Apr 16, 2026 | Business of Construction, Weekly Construction Message
This week we will be discussing the distinction between construction activity and commercial activity. Many contractors start their careers working with the tools and because of the unique nature of the construction financial transaction (contracting for one new job...
by Simplar | Aug 28, 2025 | Built Environment, Business Failure, Business of Construction, Business, Strategic & Project Planning, Business, Strategic and Project Planning, Financial Management and Risk, Financial Management and Risk, Growth, Growth, Leadership, Risk Management, Risk Management, Weekly Construction Message
We begin this week with the first “belief” on last week’s list – “Growth is always good “. The complex nature of the construction industry seems to lend credence to this belief. Since a construction business does not enjoy a...
by Simplar | Aug 14, 2025 | Built Environment, Business of Construction, Business, Strategic & Project Planning, Business, Strategic and Project Planning, Financial Management and Risk, Financial Management and Risk, Leadership, Weekly Construction Message
I’ve been a management consultant to the construction industry for 40 years. I have taught construction business management at some of the nation’s best construction universities. I have spoken at literally thousands of construction industry conventions. In all...
by Simplar | Aug 7, 2025 | Built Environment, Business Development, Business Failure, Business of Construction, Business, Strategic & Project Planning, Business, Strategic and Project Planning, Financial Management and Risk, Growth, Leadership, Weekly Construction Message
In last week’s message I closed my eyes and dropped a bomb. Did you hear it? If not, I suggest you go back and reread last week’s message. For me to admit to my readers that construction financial accounting is, to a large degree inaccurate, is I assure...
by Simplar | Jul 17, 2025 | Built Environment, Business Failure, Business Failure, Business of Construction, Cash Flow (Getting Paid), Financial Management and Risk, Financial Management and Risk, Leadership, Risk Management, Risk Management, Weekly Construction Message
Managing cash flow in a construction company is a daunting task. The unique nature of the construction transaction makes it almost impossible to match cash flowing in with cash flowing out. Low bid margins are often so tight they’re insufficient to maintain ongoing...
