So you’ve received prices (quotations) from a bunch of contractors or subcontractors! Who do you select to do the work? Well at first look the easy answer may appear to select the contractor with the lowest price. But is their price really the lowest? Not all prices are equal and the cheapest price might become […]

Many of us are looking to grow our construction companies. To do this we need additional people, equipment, and of course projects. Sometimes the simple solution seems we could purchase another construction company and merge it into our company. But is this a good solution? Well, it depends. I worked for a construction company which […]

I’m sure we have all heard of construction companies that have expanded, become successful, revenue has increased and their profits have increased, then, the wheels have come off. Profits have fallen and share prices collapse! Some companies even go bankrupt. Where did it all go wrong? Of course, we all know of the small local […]

Have you selected the wrong contractor or subcontractor for your project? The contractor performed badly, with delays and poor quality? Perhaps there were hidden extra costs and their final price when the work was complete was much higher than you expected? Regrettably many projects go badly because the wrong contractor or subcontractor is selected. Often […]

Winning more construction projects is often difficult. Winning new projects at the right price is harder. Construction companies regularly go from times of too much work to times when work is scarce. Unfortunately, the times when work is scarce are often far longer than the good times. Then, when work is won, it’s sometimes at […]

Today social media is prevalent and almost everyone uses it – politicians, presidents, and even pets. However, many construction companies aren’t familiar with the benefits and problems that social media can bring to their company. Companies work hard at building a good reputation. They sometimes spend huge amounts of money on building their brand, their […]

We all realize the value in adopting sustainable practices in order to reduce our impact on the environment. While this typically inspires local shopping, vegan diets, and a few charitable donations, it can be difficult to perpetuate these habits when it comes to your small business and does so profitably. However, a 2015 Nielsen study […]

Good contractors are made not born Some construction contractors make the news for all the wrong reasons. They are declared bankrupt, involved in dodgy dealings, don’t pay their suppliers or subcontractors, produce poor quality work, finish their projects late, or seriously injure or even kill people in the course of construction work. Then there is […]