July 2018
AIA Architectural Billings Index, Annual Value Update & more
The Construction Business Owner team compiles statistics each month from multiple sources, 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...
AIA Architectural Billings Index, Annual Value Update & more
The Construction Business Owner team compiles statistics each month from several sources, 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...
We asked industry experts about the bidding process in today’s construction climate
Marcus Moomey, AIA, DBIA Director of Design Build, KAI Design...
How tracking data can identify hidden opportunities & forecast needs
Tires are complex, highly engineered products that can be important contributors to construction equipment productivity. They also account for a substantial capital investment. That’s why it makes sense to do everything you can to ensure that you are using the right tires for your application and...
Best practices for planning the trajectory of your company
Benjamin Franklin is credited with saying, “If you fail to plan, you are planning to fail.” The purpose of business planning is to set overall goals for your business and to develop a strategy to achieve them. This includes implementing deducting and balancing approaches, making decisions, setting...
6 keys to communicating effectively & efficiently
Contrary to popular belief, email is still one of the most effective marketing channels. Why? Because email can reach individual decision-makers at a relatively low cost in comparison to many other marketing channels. Email can be measured easily and can drive lead generation. In fact, email is...
The importance of testing and applying best practices to your workflow
Whether it is to mitigate the risk of security breaches or simply to provide new features, the ubiquity of updates and upgrades has become ingrained in the way society uses everything from smartphones and tablets to video game consoles. Unfortunately, this culture of consistent renovation does not...
Learn how your company can pay & get paid faster
Payment terms are lengthening in nearly every industry as buyers seek to make the best use of their capital, and construction is no exception. Project owners are implementing longer payment terms, which is especially challenging for the subcontractors performing the work. The Challenge The...
Can your business afford interruption?
In an alert issued April 16, 2018, the United States and the United Kingdom published a report advising organizations and individuals worldwide that Russians were attempting to access devices controlling the flow of internet traffic. One day later, the Federal Reserve reported that during last...
AIA Architectural Billings Index, Annual Value Update & more
Each month, the Construction Business Owner team compiles statistics from several different sources, 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...
Finding, recruiting, developing & retaining the best
I recently received the following message: “We operate in Tennessee and the surrounding states, building and remodeling fast food restaurants. Each project takes 10 to 14 weeks. Our crews leave our area on Monday mornings and return on Friday afternoons, so they have weekends at home. Though...
Using YouTube for smarter online marketing
For years now, video has been a leading marketing strategy for small businesses—a cost- and time-efficient way to get the word out—and for much larger Fortune 500 companies, carrying their message in “viral” efficacy across the globe. If you’re looking for an inexpensive way to market your...
Learn the off-road advantages of this equipment
When it comes to off-highway hauling, there are two types of trucks available to help move material from one location to another—articulated dump trucks (ADTs) and rigid frame trucks. Although they both have massive hauling capabilities, an ADT’s design offers several off-road performance...
Streamline business processes and eliminate time-wasting tasks with automation
With today’s labor shortage, it is essential that construction companies streamline business processes and eliminate time-wasting tasks, so staff can focus on important work. Automating workforce management processes, such as timekeeping and payroll, is a great way to free up some misspent time and...
The new blueprint for boosting business with incoming calls
People have more ways than ever to connect—social media, virtual meetings, online chat rooms, texting, email, etc.—and with smartphones at our fingertips, we can stay tuned in to the web anytime, anywhere. The question then becomes: How do all of these methods of communication impact customer...
A look how technology has changed buying and selling equipment
The internet has revolutionized the way we buy and sell. Many purchases that used to demand in-person transactions have evolved—and improved—into virtual services. Wasted time and travel results in wasted expenses and increased opportunity costs. The internet has brought immediacy, efficiency and...
Studying the data on worker fatigue
Construction remains one of the most dangerous industries to work in. According to a 2016 Bureau of Labor and Statistics (BLS) report, construction led all other industries in fatal work injuries at 991—a rate of 10.1 per 100,000 full-time equivalent workers. To protect workers from injury, the...