Scheduling work far out in advance is a good way of protecting your cash flow. But what happens when the flow of new projects dries up? The pandemic has changed the demand for construction significantly, although some areas are affected more than others. If you’ve been relying on a backlog to ensure that you always … Read more
In order to run a successful business, you have to keep an eye on your money. This is particularly true in the first few years, if you have to do your own accounting. There are lots of reasons to hire a professional to handle your bills and income, but it’s still wise to keep your … Read more
As the owner of a contracting business, your work might require you to take certain precautions related to environmental regulations. There are quite a few of them, and the ones you’ll work with depend on the jobs you do. Here are a few of the most common you can expect to encounter while you’re on … Read more
Construction’s a great industry to work in, but it helps if you can start off on the right foot. Although most jobs give you some flexibility, others may require you to spend a lot of time on your feet or working with your hands. Your ability to succeed in your field depends on the skills … Read more
For the moment, social distancing seems to be the order of the day. While you can still do work, your contracting business needs to be accomplishing as much as possible. But trying to do that while you stay six feet apart from everyone else and avoid touching things feels impossible. Here are five things you … Read more
When you read about consumer or business confidence, it feels like it could mean a variety of things. What does it mean to be confident in a particular aspect of the economy? How does this data change the way that you make decisions for your contracting business? And what if people turn out to be … Read more
Although it feels like construction is going through a lot of changes toward streamlining processes and automation, it really takes many years to drastically alter the function of the industry. You can probably think of many fields that used to include a lot of long work by hand that are now easily done by a … Read more
Since COVID-19 is changing lots of industries, it may be an ideal time to rethink your processes. You’ll be spending more time on certain aspects of your workflow, while others may have to go out the window entirely. But you don’t want to go back to a pattern of overpromising and under-delivering, even if that’s … Read more
If you’re like a lot of people, you were raised with the idea that you’d learn a skill, get a job and keep it until you retired. The past few decades have turned that belief on its head. The concept that you’ll get a job when you graduate from school and stick with the company … Read more
The best way to avoid contracting or spreading COVID-19 is to wear a mask when you leave your home. That’s why almost all states have guidelines on the books recommending or requiring them. But since you can’t do all your work from home, eventually you and your employees will have to go back to the … Read more