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Running Your Business Article

   

Running Your Business

Updated: May 26th, 2009 10:37 AM GMT-05:00

Driving Down Field Costs

Ron Roberts
The Contractor's Business Coach

We've entered into a rare economic climate where operational inefficiency can no longer be over-come by superior marketing and selling.

In order to get your fair share of available work (survive?), your company must be extremely efficient in the field. The current construction market:

  • Nearly everything is going to bid.
  • Prices are rock bottom (often below apparent direct costs).

Margins are too slim and cash flow is too tight to be losing time in the field. There is no room for error.

We've been hesitant to focus our Best Practices Newsletters on production management as quite frankly, contractors are normally far too focused on field operations. However, these are not normal times.

NOW is the time to be OBSESSED with field performance.

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