January 2019
Our industry experts share their solutions to some of the biggest problems facing construction business owners & their teams.
Frank W. White III President Kaufman Lynn Construction The construction industry will continue to be challenged by the limited availability of skilled workers and tradespeople in 2019. This is a lingering effect of the Great Recession, which caused a mass exodus from the skilled...
AIA Architectural Billings Index, Annual Value Update & more
The Construction Business Owner team compiles statistics from multiple sources each month, including the American Institute of Architects (AIA) and the United States Census Bureau, to give you a better understanding of the current state of affairs for the construction industry. The statistics...
How to pick the perfect attachments for your job requirements
This month, the construction industry will converge in Las Vegas for World of Concrete 2019. Many show attendees will be looking for hydraulic attachments to help them maximize productivity and profitability in the construction season ahead. But, with so many different applications and myriad...
How Washington, project costs, the labor shortage & new tech will define the construction industry in 2019
Politics, materials, skilled labor and technology. Groundbreaking content; we know. But how will these four factors drive the construction industry forward—or slow it down—in 2019? We caught up with three industry veterans to ask them how these key factors will affect the construction industry this...
How to get a clean, mean construction-ready machine
Before you take on your first job of the season, it’s vital that your machines go through a tuneup. To ensure reliable operation once the ground thaws, check the maintenance procedures in your operation and maintenance manual and follow these seven tips. 1. Start Early As temperatures rise and...
5 economic & construction-specific challenges contractors will face in 2019
As we shuffle past 2018’s holiday season and look through the tunnel of a new year, now seems a good time to pause, reflect and consider some of the risk management and insurance challenges that construction contractors (and others in the industry) are likely to face in 2019. The following are five...
Exploring the role of volumetric concrete in the future of U.S. infrastructure
Earning an infrastructure report card rating of D+ should be a wake-up call for the United States. At this point, everyone knows that our nation’s infrastructure is failing, and for those of us who work every day in markets like roads and bridges, water systems and airports, it’s becoming even more...
C.A. Murren & Sons’ mottos for continuous growth & profit
Charles A. Murren III, a long-standing client of my consultation business, has always impressed me with his ability to continually seek better opportunities for growth and profit. His company is a model of professionalism, truly achieving best-in-class results. After graduating in 1981 with a...
How to avoid the tasks that take time away from your top priorities
Great business owners and executives have a full arsenal of time management tactics to pass on to their employees. But being the boss makes it easier to fall into time-sapping traps of your own. What follows are some of the major time management challenges contractors face and helpful tips for...
Constructing a successful 2019 through digital transformation
When discussing technologies that will have the biggest impact on the construction industry in 2019, it’s important to think about them in the context of how they can support top business priorities. By taking a closer look at the ongoing issues driving these priorities, we better understand how...
3 underlying issues that hiring more people won’t fix
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Industry experts on major trends & the effects they have on their strategies
David Cain Chief Marketing Officer PlanGrid Inc. Rising material prices can have hard-hitting cost implications for construction projects, but given that rework makes up 5 percent of a project’s cost, these price fluctuations can have considerably less impact when rework is reduced...
A look at current tax reform & the road ahead
The Tax Cuts and Jobs Act of 2017 (TCJA) introduced sweeping legislation to reform the Internal Revenue Code. Effective Jan. 1, 2018, the act greatly affects how both individuals and businesses plan and structure their entities, taxes and business dealings.Construction businesses in particular need...
What you really need to know about email backups & archiving
Email: We love it; we hate it; we don’t want it; but we need it. However, managing it can be difficult and costly. One of the biggest issues with email is that, as humans, we want to save everything because we have that sinking feeling that someday, for some reason, we might need that email or...
Dispelling the myth of the unicorn leader
Unicorns are perfect, magical creatures, and, as myths go, they aren’t real. In the construction world, a similarly defined individual is being hunted: the “unicorn” leader. This elusive type develops great businesses in a single, entrepreneurial spark and marvelously crafts the foundation of a...
Ways to eliminate problems with communication, collaboration & compliance
Today, millions of general contractors and construction workers will log into a cloud-based management solution. Excavator operators around the world will reach into their trucks and grab their instant communication systems. Right now, project managers are using their phones to send updates to...