by Simplar | Aug 20, 2026 | Business Development, Business Development, Business of Construction, Business, Strategic & Project Planning, Business, Strategic and Project Planning, Financial Management and Risk, Leadership, Risk Management, Risk Management, Weekly Construction Message
If you have not read last week’s message you should go back and read it at least twice, take notes, think about it and talk to other employees about it. Internalize as much of the content as you can and then read today’s blog. Wandering Effective business...
by Simplar | Aug 13, 2026 | Business of Construction, Business, Strategic & Project Planning, Financial Management and Risk, Financial Management and Risk, Leadership, Risk Management, Risk Management, Weekly Construction Message
The strategic planning that we have been discussing can be converted into a highly effective business management tool by turning ambition into a definite action plan. What Strategic Planning Decides The strategic planning process identifies what markets to pursue, how...
by Simplar | Jul 17, 2025 | Built Environment, Business Failure, Business Failure, Business of Construction, Cash Flow (Getting Paid), Financial Management and Risk, Financial Management and Risk, Leadership, Risk Management, Risk Management, Weekly Construction Message
Managing cash flow in a construction company is a daunting task. The unique nature of the construction transaction makes it almost impossible to match cash flowing in with cash flowing out. Low bid margins are often so tight they’re insufficient to maintain ongoing...
by Simplar | May 29, 2025 | Built Environment, Business of Construction, Financial Management and Risk, Financial Management and Risk, Project Selection, Project Selection, Weekly Construction Message
“A rose by any other name would smell as sweet.” As most of my readers I am sure will testify, I don’t often quote Shakespeare. But the confusion around the word profit in the construction industry has driven me to desperate measures. What do we mean...
by Simplar | May 23, 2025 | Built Environment, Business Failure, Business of Construction, Business, Strategic and Project Planning, Financial Management and Risk, Financial Management and Risk, Leadership, Leadership, Weekly Construction Message
Last week we established that the high failure rate in the construction industry comes down to a single cause – a shortage of working capital. Some blame failures on a whole variety of causes: labor unrest, natural disasters, economic stress, market shrinkage,...
