by Simplar | Jul 25, 2024 | Cash Flow (Getting Paid), Financial Management and Risk, Financial Management and Risk, Leadership, Weekly Construction Message
… Read the rest “Inadequate Working Capital”
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 | Apr 27, 2023 | Built Environment, Business of Construction, Partnering, Planning, PM, Project Delivery, Prospering Cyclical Market, Prospering Cyclical Market, Weekly Construction Message
Working Capital Q&A Thomas C Schleifer, Ph.D. Our current series of messages on managing working capital during this post pandemic disrupted economy has ignited questions from every corner of the construction industry. Today I will endeavor to answer a sample and...
by Simplar | Apr 20, 2023 | Business of Construction, Business, Strategic & Project Planning, Business, Strategic and Project Planning, Weekly Construction Message
Working Capital Engineers Thomas C Schleifer, Ph.D. No sane construction professional would prepare a bid or start a job without input from the estimators, designers and/or engineers, and project managers.Ā After scrutinizing specifications and understanding quality...
by Simplar | Apr 13, 2023 | Financial Management and Risk, Financial Management and Risk, Financial Management and Risk, Financial Management and Risk, Growth, Growth, Weekly Construction Message
Managing Working CapitalĀ Thomas C Schleifer, Ph.D. As we noted last week, the primary cause of construction business failure is running out of money. Why when contractors run out of money is it so often a surprise? Financing Growth Ā American industry is addicted to...
