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Finance

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    Is Someone Stealing From You?

    Recognize the most common fraud techniques in the construction business, and stop theft before it’s too late.
    Read More →: Is Someone Stealing From You?
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    Motivate Employees to Behave Like Construction Company Owners, Part 2

    Creating a culture of employees who think and act like owners can lead to amazing results, both financially and culturally. In this article series, Brad Hams shares three elements required to create an ownership culture.
    Read More →: Motivate Employees to Behave Like Construction Company Owners, Part 2
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    Motivate Employees to Behave Like Construction Company Owners, Part 1

    Creating a culture of employees who think and act like owners can lead to amazing results, both financially and culturally. I am on a mission to eradicate entitlement. People with this mentality believe they deserve things because of who they are rather than what they do. It is my opinion that this mentality has been cultivated over several decades by lowering standards in schools (it is more important to feel smart than be smart) and eliminating the competitive element in games and sports (it is more important to feel like a winner than be one). The result is a workforce of some individuals who feel entitled to a work environment and compensation that is not equivalent to the work they perform. So, how do you, as a business owner, deal with this?
    Read More →: Motivate Employees to Behave Like Construction Company Owners, Part 1
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    The Pros and Cons of Leasing vs Financing

    Compare the benefits of leasing to the benefits of financing.
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    Reduce Risks by Leasing Construction Equipment

    Four ways equipment leasing can be used to maintain a better cash flow and lower asset risks. Construction industry entrepreneurs are keenly aware of the economic downturn’s impact on their businesses. Many have developed a new appreciation for keeping cash on hand. They have also begun exploring risk management strategies with renewed intensity. In this current environment, it is worth considering equipment leasing as one risk management strategy. Equipment leasing offers both risk management techniques and compelling cash management advantages.
    Read More →: Reduce Risks by Leasing Construction Equipment
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    Assembling a Professional Advisory Team, Part 1

    How Sure Is Your Surety Relationship? Editor’s Note: This is the first in a three-part series that describes the profile of a successful contracting firm’s professional support team, including the surety agent, insurance agent and CPA.
    Read More →: Assembling a Professional Advisory Team, Part 1
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    Selecting Skid-Steer Loaders

    Determine how to effectively choose, operate and maintain skid-steer loaders to increase efficiency and gain a return on investment. Whether you are a long-time skid-steer loader owner/operator or you would like to enhance your equipment fleet, there is no question that matching the machine to the job should be your top consideration. Doing this is the first step to increased efficiency and uptime, as well as easy regular maintenance. In addition, skid-steer loader attachment options offer a versatility that is hard to match.
    Read More →: Selecting Skid-Steer Loaders
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    5 Steps to Improve Cash Flow

    Small adjustments made today can add up to big savings tomorrow for your construction business.
    Read More →: 5 Steps to Improve Cash Flow

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