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2025 to 2026

2025 to 2026

Even as the New Year has dawned, I offer these final thoughts on the year just passed. If I could sum up this past year’s dialogue into one overall theme I would say, “Managing a construction business is a completely different activity from managing a...
Never Enough Working Capital

Never Enough Working Capital

Construction companies have few investible assets. Contractors are service providers. Over the years they will have acquired some depreciating assets like vehicles and equipment, but vehicles and equipment are only used to generate income and retain limited value...