Keep Your Eye on the Ball

Keep Your Eye on the Ball

Keep Your Eye on the Ball Thomas C Schleifer, Ph.D. We are at the beginning of what might be a rocky economic 2023. With the short-term future so uncertain it is critical to avoid running out of money while navigating this inflation fueled (post- pandemic/Russian...
How Much is Enough?

How Much is Enough?

How Much is Enough? Thomas C Schleifer, Ph.D. In this first series of messages for 2023 we’re looking at how to professionally manage a construction firm’s capital position to ensure enough liquidity to see the firm through an inflation/recession economy that can...
Navigating Stormy Seas

Navigating Stormy Seas

Navigating Stormy Seas Thomas C Schleifer, Ph.D The Fed has just imposed another 75-basis point increase in its benchmark interest rate, and now even both sides of congress are howling. Prognosticators are worried that continued increases will push the economy into...
CLEAN UP YOUR BOOKS

CLEAN UP YOUR BOOKS

CLEAN UP YOUR BOOKS Thomas C Schleifer, Ph.D. While operating the nation’s largest workout firm for sureties, I had occasion to audit the financial statements of hundreds of construction companies that had failed mid-project. While the causes of those failures varied...
Back To the Beginning

Back To the Beginning

Back To the Beginning Thomas C Schleifer, Ph.D. For 30 years I have been researching the causes of construction business failure. The study began years ago when I operated the largest national consultancy firm completing projects interrupted when bonded contractors...