Construction Business Owner, January 2012
New codes emphasize the need to maximize the energy efficiency of the building envelope. Contractors are continually challenged by the ever-evolving standards related to building codes and energy efficiency. The volume of changes and the risk potential if the codes are not heeded places...
Take advantage of improved systems to capture critical data.Managing large numbers of mobile crews and equipment at multiple jobsites has always been a labor-intensive task for construction businesses. Maintaining, operating and dispatching a construction fleet has never been easy even with a large...
The way contractors prepare and react to differing economic environments determines whether they thrive or fail. To prosper, contractors must be proactive and take control of critical business issues. Use this top 10 list of business management tips to improve your business for a successful year...
Secure bonding and finance equipment now to be ready for future projectsFaced with an irregular flow of work and thin margins, construction businesses survived the recession by reducing expenses and operating leaner. Companies had to cut staff, lease rather than purchase equipment and pay higher-...
Know what to expect from construction-specific software and how changing tech trends will impact your business.Companies must find ways to work smarter. One way to do this is by taking advantage of construction-specific software and BIM (building information modeling) technology.  Many...
 2011 IRMI Construction Risk Conference insights provide risk management best practices.Navigating all the issues that can put you and your company at risk is no doubt the most complicated challenge contractors face. Many subcontractors and smaller GCs experienced losses in 2011 that put them...
U.S. Economy No Longer Deteriorating - At Least For Now Overall, 2011 has been a year of disappointment. If the U.S. economy progresses, this will eventually translate into a more vigorous recovery in the nation’s nonresidential construction sector. But for now, the immediate outlook for...
How to use systematic planning and goal-setting to see real resultsQ: What do successful companies have in common?A: They identify what works, find opportunities for growth and then strategically decide the best path to achieve their goals, which includes developing a written action plan...
World of Concrete 2012 (WOC), the annual international commercial construction trade show for the concrete and masonry industries, will be a must-see show this year. WOC will take place Jan. 23-27, 2012, in Las Vegas and will feature 1,200 exhibiting companies and an expected 50,000 registered...
How to measure your ROI and improve productivity During the tough economic times, contractors have had to carefully analyze their fleets, consider all options and closely examine their budgets before making any major equipment purchases. Some areas have reported improved economic conditions, but...
Stop crime now with a wireless security system.Construction business owners face tough decisions when trying to secure their jobsites. In an industry that has been hit hard by the struggling economy, business owners have tight budgets. As a result, security often does not become a priority until an...
Comply with new EPA standards by reducing engine idling time, and reap rewards - fewer costs and increased productivity.As the Environmental Protection Agency’s (EPA) Tier IV program gets fully underway, companies must find cost-effective ways to comply with these rules.The goal of the Tier IV...
Heed advice from construction industry experts and others in the field to start the year off right.Many construction companies continue to face similar challenges they have encountered since day one of owning their business. To stop this never-ending cycle and be successful in 2012 and beyond, you...
What you need to know about Construction Liability Insurance
Commercial General Liability Insurance for Contractors Designing an insurance and risk management program for a contractor usually begins with the Commercial General Liability (CGL) policy. This policy creates a platform by which other policies are subsequently integrated to coordinate coverages...
Practice discipline to be successful in today's marketWhether it is the allure of finding buried treasure deep in the dark recesses of a storage locker or the feverish psychology of a bidding war, America has found a new reality television phenomenon. “Auction Hunters,” “Storage Wars” and “American...