by Simplar | Jan 14, 2021 | Project Selection, Project Selection
How to Handicap Project Profitability Like a Vegas Bookmaker Imagine if bookmakers in Las Vegas accepted bets based on their loyalty to their favorite teams or just a hunch. They would be out of business after the first round of betting. They understand their chances...
by Simplar | Jan 14, 2021 | Business Development
Flexibility = Profitability I have been talking for years about “Flexible Overhead” as a fundamental management tool in the construction industry. By Flexible OverheadI mean the ability to expand or contract overhead with the same speed as the construction market...
by Simplar | Jan 14, 2021 | Financial Management and Risk
Profitability Equals Viability Dateline: Engineering News Record, August 26, 2020, Debra K. Rubin and Peter Reina “…As it moves away from lump-sum contracting, in the wake of project charges and recent quarter losses to focus on higher-margin...
by Simplar | Jan 14, 2021 | Weekly Construction Message
14th Weekly Crisis-era Message to Contractors from: Dr Tom Schleifer Construction Market Downturn’s Impact on Profitability Most industries prosper during growth and many also profit when sales decline. Logic would suggest that if a business makes $X profit while...
by Simplar | Feb 29, 2024 | Growth, Growth, Leadership, Leadership, Leadership, Weekly Construction Message
Growth and success are almost synonymous in the construction lexicon. There are a couple of reasons for this: Ongoing business for construction contractors is, in fact, new business. As soon as we sign one contract, we begin to look for the next. Contractors must...
