Construction Business Owner, July 2007
 Organizations are adopting a variety of efforts to recruit, attract, hire and retain top candidates to keep pace with shifting business demands since employment is more volatile and the oncoming workforce crisis can be seen on the horizon.There are many trends and tactics to consider when...
If there is one business-related question that I field more than any other, it's this: "How do I make more money?" As it turns out, the answer is often relatively simple. You might want to have a pen and paper ready because here is the advice I almost always give in response: "The easiest way to...
Q:I’ve worked at the same construction company for the past twenty years since graduating from college. When I started here, the company had no historical data for job costing. I set up a good job costing system (first on Lotus 1-2-3 and now via Microsoft Excel).  Everyone is dependent on...
Almost half of today's non-residential (single-family) construction takes place in the public sector where contract surety bonds are required by law as a way to protect taxpayer dollars.In addition, more and more private project owners or their lenders are stipulating bonding requirements on their...
Dear Jayme: I hate dealing with banks. I have a successful construction business, but every time I go to the bank to finance a project, I walk out feeling confused and not sure I got a decent deal. I have to borrow to finance my business and I feel trapped. What can I do?ErnieDear Ernie: ...
Editor's Note: This is the seventh in our 2007 series of The Business Owner Toolbox written by our regular columnist, George Hedley.  Each article is written to provide you with practical, immediately applicable business management tools to assist you on your path to building a successful,...
Q:One of my goals was to own my warehouse/office space. I've talkd to may real estate agents (even the ones that have something to sell), and for the most part, they suggest renting. The agents say unless I need at least 8,000 square feet, I'm better off financially to rent—I only need 3,000 square...
When companies talk about cost-justifying their information technology (IT) investment, what are they really talking about?Are they talking about the cost of servers, infrastructure and people in the form of technical staff or consultants?  Perhaps, but that is only a small part of justifying...
Construction industry employers often face critical shortages of skilled and professional employees. Many wonder if they can hire foreign workers to fill their needs. The answer is maybe.Employers who can anticipate workforce shortages in both hourly jobs-from foundation work to roofing-and in...
Project management is more than a familiar phrase to those of us in the construction industry; it is a job title for many of us. Maybe we aren't the project manager, but almost all of us work exclusively on projects. This is the nature of the construction industry, as projects are our lifeblood;...
Editor's Note: Following is part two of our eight part series called "Better Next Year," by Fred Ode, CEO, chairman and founder of Foundation Software. To read the previous article, click here. To read the next article in the series, click here. Keep the best...and get rid of the rest! ...
We have all seen that black puff of diesel smoke coming from a bulldozer or dump truck as it moves about the construction site. While diesel engines provide the power needed to keep our communities running, the exhaust from these workhorses contains pollutants that negatively affect public health...
How well are you serving your customers? This question pertains to both internal and external customers.The internal customers are those people inside the company in which you work with and interact.For example, the foreman's internal customer is the superintendent, the project manager, office...