by Simplar | Jun 20, 2024 | Business Development, Business of Construction, Business, Strategic and Project Planning, Labor & Labor Issues, Leadership, Leadership, Weekly Construction Message
… Read the rest “Training”
by Simplar | Jun 13, 2024 | Business Development, Labor & Labor Issues, Labor & Labor Issues, Labor & Labor Issues, Weekly Construction Message
… Read the rest “Recruiting”
by Simplar | Mar 7, 2024 | Business Development, Business Development, Business Development, Business Development, Growth, Growth, Weekly Construction Message
The simplest definition of conglomerate is – a number of different things or parts that are put or grouped together to form a whole but remain distinct entities. What a perfect description of a construction company! As I have said so often in the past, each...
by Simplar | Oct 12, 2023 | Business Development, Business Development, Business, Strategic and Project Planning, Financial Management and Risk, Financial Management and Risk, Financial Management and Risk, Growth, Growth, Weekly Construction Message
Capital capacity is just a fancy way of saying having enough cash around to finance projects ongoing plus projects under consideration. The construction industry is grossly undercapitalized. This, I believe, is the primary risk factor that contractors deal with daily...
by Simplar | Jul 20, 2023 | Business Development, Business Development, Business, Strategic & Project Planning, Business, Strategic and Project Planning, Project Selection, Project Selection, Weekly Construction Message
Tony the Temper Thomas C Schleifer, Ph.D. Contractors and their senior executives don’t pull wire, pour concrete, drive nails, or dig holes. They don’t do the estimating, scheduling, or accounting for ongoing work. Once a contract is signed and a project is underway,...
by Simplar | Jul 7, 2023 | Business Development, Business Development, Business, Strategic & Project Planning, Business, Strategic and Project Planning, Financial Management and Risk, Financial Management and Risk, Financial Management and Risk, Leadership, Leadership, Leadership, Weekly Construction Message
Experts Make Money Thomas C Schleifer, Ph.D. Because too many construction projects are priced through a low-bid auction process, contractors have only minimal control over their selling price. Expense inflation over the extended life of a project is hard to control....
