The construction industry is traditionally reticent to change, but recent environmental concerns and labor shortages have been good catalysts for development. Now the coronavirus pandemic has cemented the need for reinvention. Here’s three ways you can help your construction company evolve. COVID-19 poses some unique challenges including interrupted supply chains, keeping workers safe on site …
It’s boom time in the construction business as housing demands increase. When this happens, there may be a temptation to take on more than you can handle. With a labor shortage and aging workforce, you may be caught with work and no one to do it. Here’s how to grow responsibly. Do it Yourself The …
When renovating or building to sell, it can be difficult to know where your money will earn the greatest dividends. Here are some realtor-recommended features that help to sell homes faster and for more money. You may be surprised at some, but consult your designer and realtor to see which ones fit your budget best. …
Despite the labor shortage, times are pretty good for construction firms. There is business aplenty and you may be wanting to take on more employees to increase the number of projects you can complete this fiscal year. Growing is good, but growing too fast can be disastrous. One of the symptoms to look out for …
A recent study by Unity Marketing found that most businesses focus on acquiring new customers when they could be more profitable if they focused on their existing customers instead. The study found that a 5% improvement in customer retention could boost profitability by 25-85%. Having loyal, satisfied customers is what bolsters your bottom line. So …
Spring is the perfect reminder to give our homes a deep clean. There are ‘out of the way’ places and things that need regular maintenance if they are to work properly and efficiently. When your home isn’t properly cleaned, dirt buildup can cause damage which reduces the longevity of your home and appliances. Clean your …
Competition means that every construction company and trade needs to run as efficiently and effectively as possible in order to deliver on time and under budget. When your builds take too long, you eat into your profit margins. In order to ensure that your jobsite is working efficiently, you should have in place systems and processes that save you time and money and that ensure that work flows smoothly.
Most of your business will come through recommendations and word of mouth, so you have to provide a good service on the job and when problems arise. Here are a few ways in which to do just that:
Taking time to clean your jobsite every day and investing in equipment to help you with that is one of the best investments you can make in your business.
Discovering gaps in your knowledge is great as it helps you to improve and research areas that will make you a better builder and a better construction manager.
