Building better partnerships in construction
The dollar is strong, interest rates are low and the Dow Jones Industrial Average has reached heights that were previously unimaginable. These signs prove money is flowing throughout the American economy, and the construction industry is enjoying it. A survey released by the Associated General...
Adapting to a builder’s view of the classic strategy matrix
Leave it to management consultants to whittle down strategy to a simple, two-by-two matrix. The most famous is the Ansoff Matrix. Simply put, the horizontal axis measures one parameter, while the vertical axis measures a completely different one, ultimately creating four quadrants that...
Get acquainted with the tax consequences of selling your S corporation
Buying or selling a business is one of the most important transactions in the life cycle of any company. Understanding how transactions are structured provides leverage in negotiations and maximizes after-tax proceeds. Depending on which side of the transaction you land on, the tax implications...
What advancements have improved project management in the past 10 years?
Jason Ruddle Managing Director Elecosoft Businesses in project-led sectors such as construction must begin reshaping their operations around data and digital processes to remain competitive in the new era. Lip service to digital processes like building information modeling (BIM) is not enough...
Why employers are ‘banning the box’ & how it could change hiring procedures
The California Assembly will soon vote to determine whether it should be illegal for employers to ask applicants if they have been conflicted of a felony. If the bill is passed, California will become the 10th state in the nation to “Ban the Box” for private employers. Nationwide, over 150 cities...
How one of the country’s largest urban redevelopment projects is paving the way for change
The Atlanta BeltLine is the most comprehensive transportation and economic development effort ever undertaken in the city of Atlanta, Georgia, and among the largest urban redevelopment programs currently underway in the United States. The sustainable redevelopment project is transforming the...
Understanding the performance of your system
Whether you are working with motor graders, skid steers, track loaders, backhoes or excavators, the one thing that each of these machines has in common is a hydraulic system. Think of them as wheeled or track “hydraulic platforms.” From a maintenance perspective, hydraulic systems are often one...
3 ways your company can hit pay dirt with payment automation
Having the right tools on the jobsite can make all the difference between an on-time, on-budget project and an over-budget project with overworked site managers, subcontractors and suppliers. That is why you spend your evenings catching up on industry news, lunches watching webinars and weekends at...
Learn the truth about combining project management & estimating roles
Steve owns Quik Contractors, a midsize general contractor that specializes in commercial projects. Over the last several years, his company has grown to over $16 million in annual sales, with an average project size of $500,000 to $1,500,000. He employs a total of 45 office and field personnel....