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Showing 369–384 of 398 results

  • Construction Success Story – Cross-training saves contractor money, worry

    November / December 2008
    Newsletter: Contractor

    Price: $225.00, Subscriber Price: $157.50

    Word count: 387

    Abstract: In this issue’s “Construction Success Story,” we meet a contractor with a commercial construction business in a sizable metropolitan area who was concerned about the fact that many of his seasoned employees were baby boomers who would be ready to retire in a few years, and there weren’t enough younger workers entering the field to take their places. After discussing the situation with his financial advisor, the two recognized that perhaps the most cost-effective option was to cross-train existing “craft” employees (such as electrical or carpentry staff).

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  • General contractor focus – Separate the good from the bad with subcontractor prequalification

    November / December 2008
    Newsletter: Contractor

    Price: $225.00, Subscriber Price: $157.50

    Word count: 661

    Abstract: With the economy stuck in slow-mo, general contractors may find the list of subcontractors who want to bid on their projects is growing. The challenge is to separate the good subs from the bad before you put them on a job. This article discusses how a solid prequalification process can help general contractors ensure that they work only with financially sound, qualified subs who will perform as promised. (Updated 4/20/12)

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  • Fine tune your bidding process to win the jobs you really want

    November / December 2008
    Newsletter: Contractor

    Price: $225.00, Subscriber Price: $157.50

    Word count: 518

    Abstract: There’s no question that bidding is one of the biggest challenges any construction company faces — particularly when competition is high and jobs are few. So why do more of it than necessary? This article offers some tips on how contractors can fine tune their bidding processes and win more of the jobs they really want.

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  • GPS technology can lead to cost savings

    November / December 2008
    Newsletter: Contractor

    Price: $225.00, Subscriber Price: $157.50

    Word count: 494

    Abstract: Global positioning system (GPS) technology has come a long way since its military inception in the 1960s. It’s in most cell phones and many automobiles, and it drives the online mapping systems that enable you to navigate unfamiliar territory. This article discusses how GPS technology can help contractors find new operational efficiencies and cost savings.

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  • Are you giving away your money? Why it may be time to rethink year end bonuses

    November / December 2008
    Newsletter: Contractor

    Price: $225.00, Subscriber Price: $157.50

    Word count: 902

    Abstract: Year end bonuses are nice gestures, but they may do little to boost productivity or build loyalty. In fact, many holiday bonuses are nothing more than gifts. This article explains why it may be time for contractors to rethink their year end bonus plans and consider performance-based alternatives.

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  • Construction Success Story – Contractor builds Web site to sell spec houses

    September / October 2008
    Newsletter: Contractor

    Price: $225.00, Subscriber Price: $157.50

    Word count: 349

    Abstract: In this issue’s “Construction Success Story,” we tell the tale of a residential contractor with several spec houses on the market who was concerned that her homes weren’t getting the attention they deserved, despite the number of unique and desirable features she had built in. She discussed the problem with her financial advisor, and the two agreed that a Web site might add visibility and help build profits.

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  • New technology helps contractors manage weather-related risk

    September / October 2008
    Newsletter: Contractor

    Price: $225.00, Subscriber Price: $157.50

    Word count: 566

    Abstract: Let’s face it, construction companies are at the mercy of Mother Nature. Whether battling ice storms in New England, drought on the West Coast or thunderstorms in the Midwest, weather can wreak havoc on any contractor’s project schedule. This article examines “weather risk management solutions” — new software created specifically to help contractors mitigate the weather’s effects on their jobs. (Updated 4/20/12)

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  • Don’t let aggressive drivers wreck your safety record

    September / October 2008
    Newsletter: Contractor

    Price: $225.00, Subscriber Price: $157.50

    Word count: 516

    Abstract: If a contractor has more than one job site going at a time, chances are he or she has employees driving between them. And unless steps are taken to ensure those workers are driving safely, a construction company’s safety record may be living on borrowed time. This article suggests some ways to address aggressive driving from a risk management perspective.

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  • Going, going, gone … Catch profit fade before it lowers the curtain on your bottom line

    September / October 2008
    Newsletter: Contractor

    Price: $225.00, Subscriber Price: $157.50

    Word count: 940

    Abstract: Many construction projects fall prey to a very real, and potentially disabling, financial predicament called “profit fade.” It occurs when a job fails to go as planned, and the carefully estimated profit margin shrinks to nothing — or less. This article explores some ways to catch this dollar-deadly threat.

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  • No construction company is safe – Fraud continues to impede projects, threaten profits

    September / October 2008
    Newsletter: Contractor

    Price: $225.00, Subscriber Price: $157.50

    Word count: 649

    Abstract: Compared to the risks construction companies face every day on their jobs, fraud may seem a relatively small danger. It isn’t. Construction companies that are victims of fraud experience a median loss of $330,000, according to the Association of Certified Fraud Examiners (ACFE). This article looks at some of the “hot” forms of fraud to watch out for and suggests some measures to prevent these crimes and others.

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  • Construction Success Story – Cost segregation study gives one contractor a competitive edge

    July / August 2008
    Newsletter: Contractor

    Price: $225.00, Subscriber Price: $157.50

    Word count: 400

    Abstract: In this issue’s “Construction Success Story,” we tell the tale of a commercial contractor who wanted to expand his market base by bidding on a proposed medical clinic. He knew his team could do the job, but one of his competitors had more experience in the construction of health care facilities. To gain a competitive edge, his financial advisor came up with a bold idea: As part of his bid proposal, the contractor could suggest organizing a cost segregation study.

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  • Do you know how much worker turnover is costing you?

    July / August 2008
    Newsletter: Contractor

    Price: $225.00, Subscriber Price: $157.50

    Word count: 640

    Abstract: Estimates on the cost of turnover vary widely but, however you crunch the numbers, it’s expensive. And that’s precisely why it’s so important that contractors figure out how much turnover is costing their construction businesses. This article offers a way to do just that and explores some options for cutting turnover costs as well.

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  • Worth a look: Web-based project management software

    July / August 2008
    Newsletter: Contractor

    Price: $225.00, Subscriber Price: $157.50

    Word count: 489

    Abstract: Many construction company owners have their own distinctive means of managing jobs, be it a dry erase board in the job trailer or a spreadsheet on their laptops. Nonetheless, one upgrade that’s well worth looking into is Web-based project management software. This article looks at the functionality and benefits of these applications. (Updated 4/20/12)

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  • PPE should be on employers’ dime, OSHA says

    July / August 2008
    Newsletter: Contractor

    Price: $225.00, Subscriber Price: $157.50

    Word count: 528

    Abstract: It’s a decision the Occupational Safety and Health Administration (OSHA) says could prevent thousands of work-related injuries each year. That is, the agency now requires employers to provide employees with virtually all of their personal protective equipment (PPE), such as hard hats and nonprescription safety goggles. This article explains the rationale behind this new rule along with the finer points of abiding by it.

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  • Nonqualified deferred compensation plans – Reward, retain key employees with these arrangements

    July / August 2008
    Newsletter: Contractor

    Price: $225.00, Subscriber Price: $157.50

    Word count: 971

    Abstract: Many contractors have a few key employees who play a critical role in their construction company’s success, and they want to reward these superstars for their hard work while increasing the likelihood that they won’t jump ship to the competition or strike out on their own. In these cases, a nonqualified deferred compensation (NQDC) plan may be just what a construction company owner is looking for. This article describes the ins and outs of these arrangements, which allow business owners to give their very best employees an extra, tax-deferred retirement reward that can be structured in a variety of ways.

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  • Construction Success Story – Family business squabbles speak to future opportunities

    May / June 2008
    Newsletter: Contractor

    Price: $225.00, Subscriber Price: $157.50

    Word count: 397

    Abstract: In this issue’s “Construction Success Story,” we tell the tale of how the owner of a homebuilding and rehab company in a historically lucrative suburban area welcomed his son and daughter into the family business only to see them almost immediately set to bickering. It seems both had differing ideas of which strategic direction the company should head in. For guidance, the business owner turned to his financial advisor, who could provide an objective, business-oriented perspective that would keep matters from becoming too personal.

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