September 5th, 2008 by Sam Simon. Posted in Construction Business Owner
The 2008 Inc. 5000 list was recently published online. A subsection of this list is the Top 100 Construction Companies.
There is a great snapshot of each company with short descriptions of why the company is growing and what is noteworthy. There are different reasons for why the company has experienced such large growth from exploring new markets to its overall vision and structure:
Its initial growth was spawned in 2004 when it did away with its subcontracting services and focused entirely on general contracting and service management.
They build a culture, not just a company: the company makes every decision based on the best interest of the project, every employee cares about the others, and the company only hires people who share their value system.
Company has streamlined its operations, renovated its sales staff, and added staff with professional skills in other construction.
As the residential housing market has slowed down, the company has switched its emphasis to the commercial market and purchased more sophisticated equipment.
This is a good list to see how other construction businesses are succeeding. You might also want to make special note of anyone in your area. There may be a market you are overlooking or other element that is making you less competitive.
Did your company make the list? What are you doing to continue to grow you company?
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September 8th, 2008 at 2:12 pm
Just Finished Reading the post, As a Builder myself for over 13 years, I wanted to let you know the days in which work was handed to most of these companies on this list are over. I can Honestly say that most of the companies along the east coast are all members of our service. We have provided Project information for over 13 years, with most of the projects coming in long before prints have started. Giving the contactors enough time to Develope the relationship they need to go from being 1 of 40 on a Public job to 1 of 3 as a selected bidder. when a company does Bid Work there profit drops to about an average of 6% compared to negotiated works where profits can be the greater of 20%. Our service is the only Service NOT to offer a free trial however we do provide anyone with a quick 30 minute demostration of our Live Service. There are companies out theere that provide leads that either are submitted by members or wait until plans are finished We do not, We are the only company that employs feild reporters (typically Commercial R.E. Agents) that attend Planning and Zoning Meetings to get the info for you, after that it comes back here where every project is checked and Verified Prior to us reporting it. take a look yourself at http://www.constructionjournal.com or Call 800-880-2309
January 5th, 2009 at 3:11 pm
great article. I will bookmark this
October 11th, 2009 at 6:28 pm
Thank you for your article on this is very important subject.Very informative and easy read.Very happy this is getting done. It’s a humanitarian victory, of sorts. Hope so i will get the further updates in future.
Thanks,
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