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Business Management

Practical business management guidance for construction owners—operations, leadership, growth strategy and the day-to-day decisions that run a company.

  • Grow Your Business, Grow Yourself

    Jayme Dill Broudy answers your questions about construction business management.
    Read More →: Grow Your Business, Grow Yourself

  • The Accidental Project Manager

    Learn skills for those times you must manage products, even when it’s not in your job description.
    Read More →: The Accidental Project Manager

  • Let’s Trade: Barter Helps Business Owners Cut Costs and Boost Profits

    Several years ago, Mark Miles’ Greener Pastures lawn care service was facing bankruptcy. He needed to create new income streams, but he had little cash to invest in traditional marketing. So he joined a barter exchange, and with a $10,000 credit line in “trade dollars,” he was able to barter his services for various business needs, including marketing-and through this, he grew his customer base without cash. “Barter was my vehicle to do the marketing to get new cash customers,” he said. The move has turned his business around, and now, Greener Pastures is estimated to be worth $20 million. Bartering-the cashless trading of goods and services-is the most ancient form of commerce. Yet, many contemporary businesses are taking a second look at bartering as…
    Read More →: Let’s Trade: Barter Helps Business Owners Cut Costs and Boost Profits

  • Management Basics #9: Integrity

    Fred Ode teaches you the importance of integrity in construction business management.
    Read More →: Management Basics #9: Integrity

  • Liens and Third-Party Subs

    George Hedley answers your toughest construction business management questions.
    Read More →: Liens and Third-Party Subs

  • Reduce End-of-Project Costs by Recycling Scrap Metal

    Learn how recycling scrap metal can reduce end-of-project costs.
    Read More →: Reduce End-of-Project Costs by Recycling Scrap Metal

  • Ask the Construction Expert, June 2011

    Pushing your business past a plateau.
    Read More →: Ask the Construction Expert, June 2011

  • Construction Business Best Practices Series Step 11: Grow Equity and Build Wealth

    Equity and wealth in your construction business are the outcome of consistently making a profit, retaining it and using it to seek other business opportunities, create passive income and grow net worth.
    Read More →: Construction Business Best Practices Series Step 11: Grow Equity and Build Wealth

  • Getting Your Business To Work For You, Instead of the Other Way Around

    Dear Jayme, I have a $700,000 a year bricklaying business. I’m doing okay financially, but I feel like a slave to the business. If I don’t keep at it 110 percent all the time, my business will stop. What can I do? Mason Dear Mason, It’s painfully ironic that you probably started your business to create freedom and independence and its now taking away the very things it was meant to give you. How’d this happen? Simple. Most contractors build their shiny new businesses on their own trade skills. Plumbers become plumbing contractors, electricians become electrical contractors, etc., which was perfectly natural and necessary in the early days. But owning the business isn’t just about sweating pipes and pulling wire. There’s all that other stuff:…
    Read More →: Getting Your Business To Work For You, Instead of the Other Way Around

  • How to Close a Project

    Closing a project should be treated as an integral part of the project plan.
    Read More →: How to Close a Project

  • Business Won’t Grow? Are You the Problem?

    Jayme Dill Broudy answers your construction business management questions.
    Read More →: Business Won’t Grow? Are You the Problem?

  • “Pay if Paid” or “Pay When Paid”: Enforcing Conditional Payment Clauses

    Navigate your contracts with ease
    Read More →: “Pay if Paid” or “Pay When Paid”: Enforcing Conditional Payment Clauses

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