ClockShark Blog

Does your construction project need rescuing?

February 5, 2016

The other night I watched a program called Resort Rescue followed by Hotel Impossible. The programs visit hotels which are performing poorly and suggest improvements. Now I know there are many similar programs from reviving restaurants, businesses, hotels, shops, etc. Many follow similar lines. But can construction learn from them? In these programs the hotels […]

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12 Ways to Feel Satisfied When Your Construction Project is Done

January 27, 2016

I always thought the best time on a construction project was at the end, when you were loading your equipment onto trucks and sending it to another project, the company yard, or back to the supplier. Wow, another construction project completed without any mishaps! Job satisfaction! You could breathe a sigh of relief. Relax at […]

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10 Life-Saving Questions To Ask Before Pricing A Construction Project

January 15, 2016

Some contractors price any and every construction project without really putting thought into the project, the client, or whether they are able to submit a competitive price. I feel sorry for their estimators who work long hours, often working on several proposals at one time, and all too frequently with little success. Simply pushing out one […]

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Your Project’s Price Is Too Low – What Can Contractors Do?

January 6, 2016

Recently a reader wrote to me: “Dear Paul Netscher could you share your opinion on this painful problem please? If my quote was too low for a project and we only notice after we started the project and are losing money like blood…. What can be done? Is there a mutual agreement system established so that […]

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How to Dissuade Clients From Submitting Late Payments Right from the Start

December 16, 2015

how to dissaude your clients from submitting late payments right from the start - blog header image

In theory, small businesses are supposed to sell products or services to their customers and get paid in a timely manner. Unfortunately, the world doesn’t always work that smoothly. Believe it or not, 64% of small businesses deal with late payments, according to a recent infographic from Fundbox. Lacking access to the money they’re owed, […]

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Why is Poor Productivity Killing Your Project?

March 14, 2015

Is poor productivity killing your project? Wages are often a major component of the costs on a project. It sometimes accounts for more than 50% of the costs, meaning even a 10% improvement in efficiency can result in an additional 5% profit. Of course the converse is true, and if the project’s workers are 10% […]

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12 Tips to Keep Overtime from Killing Your Construction Projects

December 8, 2014

Is overtime killing your construction projects (or just shrinking your margins)? Overtime is like blood running from your healthy project. Often projects work excessively long shifts, or work weekends and on designated holidays. These longer hours are normally paid at overtime (or penalty) rates which could be anywhere from 50% to double the normal rate. Obviously […]

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