Procurement - Simplar Foundation

Setting the Line

by Simplar | Feb 20, 2025 | Business Failure, Business, Strategic & Project Planning, Business, Strategic and Project Planning, Business, Strategic and Project Planning, Financial Management and Risk, Risk Management, Risk Management, Weekly Construction Message

Continuing last week’s risk discussion: Recognizing, identifying, and measuring risk is a critical pre-bid task. A Las Vegas sports book doesn’t wait to set the line until after the game. A handicapper who failed to take a key player’s injured wrist into account or...

A Roadmap to Success

by Simplar | Dec 5, 2024 | Built Environment, Business of Construction, Financial Management and Risk, Leadership, Leadership, Weekly Construction Message

(If you’ve been following our weekly discussions, you can dive right in here. But if you haven’t read last week’s discussion, go back and read it before tackling this week’s message. Last week we left off here: “Your vision of success was...

Experts Make Money

by Simplar | Oct 17, 2024 | Built Environment, Business of Construction, Financial Management and Risk, Weekly Construction Message

Big business starts as small business especially in the construction industry, which is primarily made up of tens of thousands of small and medium sized privately owned companies. Today I am addressing the contractors who are still of a size to be building their...

No/Go Without CFO

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...