Visit Dr. Schleifer’s Business of Construction Library
Learn about the Manual of Construction Practice, Construction Tools, and more!
Risk is Not a Dirty Word
Risk is Not a Dirty Word
Over the last thirty years I have conducted literally hundreds of seminars with construction professionals covering an array of issues concerning the business of contracting. Along the way I have noticed that whenever I bring up risk, the audiences glances through notes, wanders to … Read the rest “Risk is Not a Dirty Word”
The Dozer is Not Free
Subject: Purchase price vs real price
This $250,000 Dozer
Is Not FREE
I was looking for holes. As a salvage expert working for sureties who were exposed to enormous losses by sudden contractor failure, I was completing jobs across the country and at the same time studying the financially distressed … Read the rest “The Dozer is Not Free”
You Can’t be a Surety
Subject: the role of sureties
You Can’t be a Surety
So Learn to Act Like One
Thirty years of accumulated study as a contractor, work-out specialist, consultant, and research professor have verified the following realities about risk in the construction industry:
- Construction is basically risk assumption.
- Risk-taking is embedded in
Without Skilled Labor….
ALERT
Without Skilled Labor
YOU’RE OUT OF BUSINESS
The skilled labor shortage plaguing the construction industry has reached crisis proportions. Wall Street Journal – July 2018
A recent Wall Street Journal article by Laura Kusisto reported:
“Construction lost tens of thousands of workers during the economic downturn, and many never … Read the rest “Without Skilled Labor….”
Developer’s Dilemma
Developer’s Dilemma
“This Financing Doesn’t Fit”
Warren Buffet once famously quipped, “I wear expensive suits. They just look cheap on me.”
Traditional developer debt financing is a long-standing, robust banking product that has helped fuel the building of America. However, if debt financing is not carefully customized to fit individual … Read the rest “Developer’s Dilemma”
The Bidder Who Makes the Most Mistakes
SUBJECT: THE HISTORY OF LOW BID
“The Bidder Who Makes the Most Mistakes…
Gets the Job”
If this weren’t true, it wouldn’t be funny. Irony is humor because the underlying truth shouldn’t be so, but it is. Our industry has been enjoying this old joke ever since the low-bidder became … Read the rest “The Bidder Who Makes the Most Mistakes”
OUR PARTNERS
