January 2015
5 ways to get the most out of your next experience
It’s that time of year again—trade show season. With the beginning of a new year, there’s no better time to learn about the latest compact equipment products and technologies and talk to experts with the potential to impact your business, all in one location. Today’s improved economy has created an...
Streamline the equipment financing process to focus more on operations
When it comes to acquiring the equipment that construction companies need to conduct business, the options for securing capital for purchases and leases are endless. From local banks and national credit unions, to loan brokers and even equipment finance specialists, there are several avenues...
Discover major changes and act now to reduce your liability
Taxpayers who have capital expenditures, incur material and supply costs, or incur repair and maintenance costs will be impacted by the tangible property regulations that went into effect for tax years beginning on or after Jan. 1, 2014. In many cases, savvy taxpayers will be able to utilize...
Consistent engagement is the key to social media relevancy and success
Social media is a leading industry tool to bring brand awareness to the forefront of markets. Due to the nearly unlimited availability of content published daily online, your business’s reputation weighs more heavily than ever on your success. In traditional marketing and advertising...
Large-scale events offer several opportunities to maximize exposure
Industry-specific conferences and trade shows are a hallmark of business networking. As an attendee or a sponsored vendor, you will be inundated with a who’s who in your field—from the headlining heavyweights delivering keynotes and breakout sessions to the newcomers looking to create a name and...
5 public speaking fundamentals for business owners
Many business owners can identify with feeling anxious and apprehensive before speaking publicly, as the stage is leagues away from the comfort zone of the back office or jobsite. Addressing a crowd of contemporaries is vastly different from delivering a presentation to a small group, but...
How cloud-based and mobile technology can help you thrive in the rebounding economy
Construction business owners are facing an unprecedented time in the construction industry. The economy is rebounding from a deep recession that hit this industry harder than any other. Both residential and commercial contractors felt the effects of the downturn, and are now feeling the squeeze...
Top construction software providers share market insight and what to expect in 2015
Throughout the past several years, the construction software industry has undergone a general consolidation of providers, and that trend was no different in 2014. “Many vendors have purchased companies whose software solutions can fill a technology gap in their existing product line. With these new...
6 steps for proper mitigation of risk and preservation of profitability
A simple glance at the latest statistics will remind you that it is probably just a matter of time before catastrophe hits your company. During a crisis, your communication effectiveness either preserves and enhances your reputation or threatens the stability of your business. What you say or do...
Owners must avoid panic, fine-tune execution and make the investment
  It is incumbent for business leaders to prepare for the future. No one can deny the importance of dealing with present-day issues. However, myopic and reactive management is not enough for long-term organization continuity. Economic forces have pounded and decimated organizations. Firms...
3 steps to get a handle on your workload and available resources
Everyone gets 168 hours a week. At the end of the week, we all switch over to another week’s inventory of 168 hours. If you sleep seven hours a day, that number is reduced to 119 usable hours, which you are expected to spread across life and work, managing your time accordingly in both. Time...
Equipping construction industry finance professionals with continued education
The AGC/CFMA 18th Annual Construction Financial Management Conference is a conference program specifically for financial professionals in the construction industry. The three-day conference, held at Caesar’s Palace in Las Vegas on Nov. 5-7, 2014, featured 36 interactive sessions covering the...
How to improve speed and reliability of file sharing in the field
Those in the construction industry are always on the go. Regardless of where construction professionals are working—the jobsite, the client’s office, at the airport or even at home—they need to have ready access to critical files and documents without being chained to a desk. Arguably, this is...
Prioritize daily tasks to help increase your business’s profitability
If I followed you around at work for a day, what would I observe as your primary focus? Would you spend time calling subcontractors or suppliers, scheduling crews, making sure materials are delivered, pricing bids, visiting jobsites and telling supervisors what to do? Do your busywork activities...
Overwhelmed or under control?
With more than 200 solutions available, construction software is one of the most complex and fragmented markets. Owners of capital projects and contractors can be involved in all phases of a building project, from preconstruction to repairs after completion, or focused on roads and highway...
Recovery in the nonresidential construction market is expected to continue
A common barometer to gauge the state of the economy, construction spending and its growth is the evaluation of a number of key economic indicators, such as unemployment, interest rates and the purchase of durable goods. Since the burst of the housing bubble, followed by the credit crisis and...