by Simplar | Oct 10, 2024 | Business Development, Business, Strategic & Project Planning, Business, Strategic and Project Planning, Business, Strategic and Project Planning
Do not be misled. Construction contractors are not manufacturing structures, or highways, and selling them to ultimate owners one piece at a time. We are selling construction services, much like business consultants are selling information services or law firms are...
by Simplar | Oct 3, 2024 | Built Environment, Business of Construction, Organization Transformation, Uncategorized, Weekly Construction Message
The process of building an organization that can execute profitable construction contracts sometimes begins with asking your spouse to answer the phone two days a week. Regardless of how incidental it may feel, every time you hire new personnel you are building your...
by Simplar | Sep 26, 2024 | Built Environment, Business of Construction, Financial Management and Risk, Uncategorized, Weekly Construction Message
I have often said that the first sign that a young contractor is developing business acumen is when they hire their first CFO. If you’re operating any size construction business larger than $5 million annual turnover you must have a professional CFO. Period. No...
by Simplar | Aug 2, 2024 | Business, Strategic & Project Planning, Business, Strategic and Project Planning, Financial Management and Risk, Financial Management and Risk, Growth, Weekly Construction Message
… Read the rest “Cash is King”
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”
