Benchmarking can Help Determine the State of Your Construction Company

With competitors nipping at your heels, it’s not enough for any construction business to just be good enough. To get and stay ahead, you must continually focus on getting better. One way to do so is to regularly undertake the process of benchmarking your company’s performance against either its previous results or those of other contractors who provide services comparable to yours. Full article…

Joint Ventures & Strategic Alliances: Discover new opportunities

For many contractors – regardless of size – a joint venture or strategic alliance offers an opportunity to join forces with other construction companies to work collaboratively and to achieve business goals that one business couldn’t achieve on its own. What is the difference between these two arrangements? What are the different advantages of each to the partners involved? Full article…

Using Technology to Track your Tools

‘Little things’ have a tendency to add up quickly in an economy where cash flow is more important than ever and operational efficiency is critical. However, those little things that you lost track of through either carelessness or theft, slowly find their way back home to your company’s bottom line. Replacement or purchase duplication costs can nickle-and-dime your company into a disadvantageous financial position. Fortunately, technology offers a variety of tools for coping with this problem. Full article…