Expert Columns: Page 139

Guidelines for Expert Columnists

Check out the guidelines to submit contributed content to ForConstructionPros.com and its respective Construction brands.

Business Services

SWOT Your Business

The Contractor's Business Coach

SWOT's (strengths, weaknesses, opportunities and threats) purpose is to clarify the internal and external forces that shape your business' future

A SWOT analysis is a vital first step in building a viable strategy for growing your business. It sets the stage for your strategic decision making.

Business Services

Start Every Project On Target

Construction Business Coaching

Before you start a project review the job, set project goals and develop a plan to finish the project successfully

Start every project with a plan for success, and communicate that plan to all team members involved.

Business Services

Put Together Your Business Agenda

GB Financial Services, LLC

With 2013 winding down, evaluate what you need to capitalize on current market conditions.

Guidelines for Expert Columnists

Check out the guidelines to submit contributed content to ForConstructionPros.com and its respective Construction brands.

Business Services

Know When to Walk Away

The Contractor's Business Coach

Knowing when to walk away from construction projects that could lose you money can help grow your bottom line

Pursuing losing projects is far too common mistake construction contractors make, and it can end up putting them out of business.

White Hat Bias

Pavement Coatings Technology Council (PCTC)

White Hat Bias was recognized as a set of preferences that lead to non-neutral decisions and actions by scientists resulting in “distortion of information in the service of what may be perceived to be righteous ends.”

Business Services

Too Busy to Train?

Construction Business Coaching

Your company goal should be to provide 40 hours of training per year for every employee

Providing 40 hours of training per year for every employee would require a total cost less than 2% of your payroll cost, and your return can be a 5%e to 10% improvement in bottom-line productivity.

Guidelines for Expert Columnists

Check out the guidelines to submit contributed content to ForConstructionPros.com and its respective Construction brands.

Business Services

Where Is Construction Heading?

GB Financial Services, LLC

The outlook for the future is positive, but there are potential pitfalls ahead.

Business Services

Managing Your Project Backlog

The Contractor's Business Coach

Six tips to help manage backlog, reduce stress and produce a healthier bottom line

Manage your backlog through cold calls, relationship maintenance, knowing the going rate for work, following up after bids, knowing when to slow down on bids and monitoring time delay between bid and mobilization.

Stop Micro-Managing Your Rental Business

Detmer Consulting Inc.

In any business, it's just not wise for the person at the top to be bogged down with the mountain of day-to-day minutiae that must be dealt with in running a successful business.

Business Services

Aim for Specific Project Goals

Construction Business Coaching

Contractors who have written goals are likely to be twice as successful as those who don't

The majority of contractors do not have specific written targets for all areas of their businesses, but those that do can be twice as likely to succeed.

Manfredi's Machine Works

2014 Rental Market to Reach $36.6 Billion

With half a year under our belts it appears the 2013 construction equipment rental market will reach the $36.6-billion mark I predicted last year at this time, up 16% compared with 2012.

Figure 1 Growth Of Construction Equipment Rental

Construction Safety

Safer Steps with Tilt-up Concrete

Tilt-Up Concrete Association

Industry safety guidelines from the Tilt-Up Concrete Association provide tilt-up concrete contractors a plan for worker protection.

The Tilt-Up Concrete Association offers several initiatives to help improve safety on tilt-up jobsites.

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