by Simplar | Sep 4, 2025 | Business Development, Business of Construction, Business, Strategic & Project Planning, Business, Strategic and Project Planning, Financial Management and Risk, Growth, Weekly Construction Message
Top line growth represents survival to a lot of contractors. Without regularly signing new contracts most contractors would go out of business in short order. Growth isn’t just an important thing, to some contractors, growth is the only thing. Every existing...
by Simplar | Aug 28, 2025 | Built Environment, Business Failure, Business of Construction, Business, Strategic & Project Planning, Business, Strategic and Project Planning, Financial Management and Risk, Financial Management and Risk, Growth, Growth, Leadership, Risk Management, Risk Management, Weekly Construction Message
We begin this week with the first “belief” on last week’s list – “Growth is always good “. The complex nature of the construction industry seems to lend credence to this belief. Since a construction business does not enjoy a...
by Simplar | Aug 7, 2025 | Built Environment, Business Development, Business Failure, Business of Construction, Business, Strategic & Project Planning, Business, Strategic and Project Planning, Financial Management and Risk, Growth, Leadership, Weekly Construction Message
In last week’s message I closed my eyes and dropped a bomb. Did you hear it? If not, I suggest you go back and reread last week’s message. For me to admit to my readers that construction financial accounting is, to a large degree inaccurate, is I assure...
by Simplar | May 15, 2025 | Business, Strategic & Project Planning, Cash Flow (Getting Paid), Financial Management and Risk, Financial Management and Risk, Growth, Growth, Leadership, Weekly Construction Message
Last week we discussed the irony of the construction industry’s traditional low-bid acquisition system. It seems you can’t win the game of making money if you pick up all your work by being the cheapest price. On the other hand, you can’t even play...
by Simplar | Feb 13, 2025 | Built Environment, Business Development, Business of Construction, Business, Strategic & Project Planning, Business, Strategic and Project Planning, Change Management, Financial Management and Risk, Financial Management and Risk, Growth, Growth, Labor & Labor Issues, Leadership, Leadership, Managing Subcontractors, Project Selection, Project Teams, Risk Management, Weekly Construction Message
Designers avoid risk, owners prefer to pass it along, and contractors absorb it. Today’s construction risk environment is dramatically different than it was in the last several decades, and risk factors are mutating just enough to be almost unrecognizable. It is...
by Simplar | Jan 23, 2025 | Business of Construction, Growth, Leadership, Managing Subcontractors, Weekly Construction Message
In the construction industry, build a reputation and you can build a business. Without a good reputation, you will find yourself at the mercy of wildly fluctuating, highly competitive markets where owners depreciate your value to the level of a commodity that can be...
