Select Page
The Decision Tree

The Decision Tree

The human mind is a problem-solving machine. It takes in data through the 5 senses then stores and classifies the data as either good or bad for survival of the entity. The brain then amplifies the “good” classification with neurotransmitters like...
2025 to 2026

2025 to 2026

Even as the New Year has dawned, I offer these final thoughts on the year just passed. If I could sum up this past year’s dialogue into one overall theme I would say, “Managing a construction business is a completely different activity from managing a...
Budgeting vs. Forecasting

Budgeting vs. Forecasting

In my experience, construction firms do not operate under firm budget disciplines like most other industrial concerns. Contractors usually craft project budgets in advance but rarely use them as a management tool. Because of the complexity and variability of each...
 Retained Earnings

 Retained Earnings

“The ultimate measure of performance is not what is earned, but how the earnings are used to increase a construction company’s value.” (The Business of Construction Contracting, Thomas C. Schleifer, Aaron B. Cohen, Wiley, 2025 The only way for small...