Tag: construction business tips: Page 3

Success Stories
Sibling dynamic builds Guyer Brothers into successful company with a family atmosphere
When talking with successful contractors, you often hear them credit the people that work for them. There’s a reason for that. Most people in this business understand that their success is directly tied to how well their employees do their job. Happy employees tend to be the best employees and the business owners that make […]
November 30, 2014
COY
Business
Hiring an accounting firm can save your construction company money. Here’s how to find the right one
Since many construction companies start out as just one guy with a truck and a piece of equipment or two, sometimes obtaining professional help such as accountants doesn’t come into play until much later. Still, having the advice of a good CPA is crucial, says Denise Bendele, a partner with Texas-based Padgett Stratemann, a CPA […]
October 6, 2014
jobsite discussion
Success Stories
Impressive level of quality combined with a passion for his people keep Dallas contractor at the top of his field
After Vern Larman returned to the Dallas area from a two-year stint as a missionary in Bolivia, he found he had a passion and expertise for excavation. During his five years working for a pool excavation contractor he learned to master the excavator to become the company’s most profitable crew member. As his experience grew, […]
October 1, 2014
COY Lead Photo
Business
It’s time for contractors to start financial planning for 2015. Here are 3 tips to get you started
Now that the construction busy season is winding down, it’s time to turn your attention to those housekeeping tasks you need to do each year in the fourth quarter. You need to step back and take a critical look at your company in preparation for planning for 2015. Not sure what to do? Here are […]
September 29, 2014
construction worker computer
Business
3 tips for boosting employee relations at your construction company
For construction company owners and supervisors, managing a team can be tricky. Often there’s a distinct separation between “in the field” and “in the office”—a situation that can create opportunities for miscommunication and a sense of isolation. This doesn’t mean you’re treating your employees poorly. Even if you treat them quite well, keeping employee relations […]
September 17, 2014
construction handshake
Business
What contractors can learn from the fast-food business
One of America’s unique talents is a genius for logistics. We practically invented the concept and have put it to use doing more work in less time with better results in everything from overnight deliveries to fast food. A few months ago I pulled into the parking lot of a Chick-fil-A restaurant at noon. As […]
August 6, 2014
Credit: Paul Gattis/al.com
Business
4 tips for developing a health and wellness program at your construction firm (and why you should)
Construction company owners are in a unique position when it comes to assessing and helping their employees manage their health and wellness. Construction is difficult, demanding work, and having employees at the top of their game both mentally and physically is crucial. The firms are also often small enough for company owners to be able […]
July 16, 2014
Men at Work
Business
Hard work, soft touch: 3 steps to becoming an effective, modern construction company leader
As anyone who has ever owned a business can tell you, being in charge and being a leader isn’t necessarily the same thing. When you’re running a company, it’s important to make conscious decisions as a leader that will not only enrich your firm, but also benefit your people. In construction, reputation is everything, and […]
June 17, 2014
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Technology
What the defeat of Al Qaeda in Iraq, big data, telematics and reverse mentoring can teach you about running a construction company
About a third of the way through retired Gen. Stanley McChrystal’s new biography My Share of the Task  it becomes apparent that his team’s use of big data played a key role in the defeat of the Iraqi insurgency between 2004 and 2007. Our military has struggled since Vietnam to come up with a way of […]
June 6, 2014
Business
5 steps to effective conflict resolution at your construction company
We all experience some conflict from time to time, whether it’s in our personal lives or on the jobsite. Minor disagreements are to be expected, and in many cases, should not be perceived as negative. Differing opinions in the workplace are healthy sources of creative and innovative solutions. The important thing is to be able […]
May 23, 2014
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Business
How to save money and protect equipment by creating an anti-idling policy at your construction company
In construction bids, nobody likes to leave money on the table. Yet the biggest controllable expense—fuel cost—is rarely scrutinized for savings. That’s unfortunate, given that the average idle time for heavy equipment is 40 percent, says Komatsu’s Ken Calvert. Komatsu started putting telematics on its machines in 2006. When they looked at the aggregate data […]
April 1, 2014
Maintenance
Business
The 6 habits of highly successful construction company owners
In our recent special report, “The Future of Your Construction Company”, we focused so much on contractors retiring or transitioning out of the business that it almost begs a question. What does it take to succeed in the construction business? I’ve been in the fortunate position of interviewing at length dozens of our Contractor of […]
March 28, 2014
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