Construction Business Owner, September 2014
Recent innovations in oil filter technologies increase fleet efficiency and return on investment.
Today’s heavy-duty oil filtration has been impacted by several new trends that can improve a vehicle’s efficiency, extend drain intervals and positively affect a company’s bottom line. Filter media that use synthetic fibers are not new, but recent technology has developed that dispenses highly...
New power-packed technologies offer contractors greater versatility.
High-frequency (HF) technology has been used for more than 30 years, but only recently has it become more widely accepted. Originating in the military, HF technology has been adapted to the construction industry, which has grown to accept it in wall and wire saw equipment. Now, the latest...
With proper training and certification, this transition can improve productivity on the jobsite.
Serving the construction market is a competitive business. Between bidding against other companies and striving to meet project deadlines, contractors always are looking for ways to boost productivity. The welding operation is one key area where improvements could make a difference. For some...
OEMs join AEM and AEMP to standardize telematics feeds.
Earlier this year at CONEXPO-CON/AGG, Association of Equip- ment Management Professionals (AEMP) and the Association of Equipment Manufacturers (AEM) announced that they will be releasing a new standard for their telematics data feed. The new data feed includes 19 data elements and 41 fault codes,...
Uncover the facts about the true impact of emissions regulations.
The implementation of Tier 4 regulations is well under way, impacting construction fleets across the country. Yet, many in the industry remain unsure of the exact implications of these standards. Listed below are the 10 most common Tier 4 myths and the truth behind these misconceptions. Myth 1:...
More than just an accounting function, this process is a project management tool that can be used to improve your firm’s productivity.
Ask a group of contractors if they job cost, and the majority will respond positively. However, many of them are operating under a misguided notion of what true job costing is. Is it merely accumulating the costs of a project and then comparing those costs to the contract price at the end of the...
Don't let cold weather catch you off guard
The most commonly operated compact machines in winter are skid-steer loaders. Their compact size, attachment versatility and pushing and lifting performance make them a popular choice for snow and ice removal. Skid-steer loaders assigned to construction jobsites in warm or hot working months...
Follow these tips to avoid ethanol pitfalls
Gasoline containing more than 10 percent ethanol and small engines are a lot like oil and water—they just don’t mix. Outdoor power equipment commonly found on a construction site, such as portable generators and concrete saws, are designed and certified to operate using fuels containing 10...
A member of Construction Business Owner's LinkedIn group asked: How should a contractor maintain a customer list? For each customer who calls, I want to be able to see what I have done for him in the past and at the site where he has work.     Josh Newland Product Manager...
A firsthand account of one company's response to 9/11 and how it helped prepare the Pentagon for reconstruction.
Sept. 11, 2001, began in its usual manner for John Nienabar, operations manager at ServiceMaster of Springfield, Virginia. At 11:30 a.m., however, Nienabar received an unforgettable call. It was the office of Nancy Judd, head of facilities contracting at the Pentagon, a department that had...
How one of the nation's largest reconstruction projects was completed ahead of schedule and under budget
As the former program manager of the Pentagon Renovation Program, I have often listened as people have related, eyes brimming, their vivid memories of September 11, 2001. The stories are always intense and emotional. As a result of those attacks, the Pentagon Renovation Program suddenly became...
To rank higher on search engines, incorporate basic customer service in your website design.
For companies with a strong brand, solid website and reliable customer base, few things are more frustrating than watching a competitor’s site outrank their own on search engine results pages. To alleviate this frustration, many business owners and website managers fruitlessly spend large...
The misquoted contractor
Tabloids have made an industry of politicians’ and celebrities’ misquotes, gaffs and overall embarrassing situations. What makes construction professionals immune? In the age of Twitter, Facebook, CNN and other outlets, business leaders have no shortage of vehicles for communication. However, the...
How remote monitoring can save your assets
In the construction industry, physical assets are key to company operations and productivity. Employees and managers depend on equipment and tools to efficiently complete projects on schedule and on time. Many contractors, however, are killing their equipment without even realizing it. As a...
Follow these steps to develop a holistic information management system.
What is your IT strategy? Many contractors don’t have one. As a result, their computer systems are a patchwork of disjointed and often outdated applications, operating systems and hardware. This scenario limits the productivity and communication benefits of information technology (IT) and heightens...
Transferring responsibility to others can free contractors to achieve better business results.
Making every important company decision yourself and completing duties you could delegate to others hinders business growth and overloads you with endless tasks. When your plate is too full, you prevent your company from growing, finding profitable customers and maximizing your bottom line. You...
The tax advantages of this effective ownership transition tool can help ensure the long-term success of any company.
An employee stock ownership plan (ESOP) can be an effective tool for transitioning ownership. Unfortunately, many business owners are unaware of the benefits ESOPs provide. As a result, many owners select alternative methods for transitioning ownership that fail to meet their personal objectives as...