Construction Blog
What do you imagine when you think about construction? Hard hats, heavy machinery, and building materials may come to mind. But there’s more to this industry than manual labor. It’s a complex blend of project management, forecasting, communication and other skills that make this world of creating new spaces and structures possible. You can occupy […]
Construction Blog
Have you ever wondered how the most successful residential remodelers and custom home builders consistently secure the best and most profitable projects?The secret lies in their construction proposal. A well-crafted proposal shows the potential clients the proficiency and willingness to work seriously. It also helps to avoid any misunderstandings during the project completion phase. On […]
Construction Blog
You have a construction project delay because of a material shortage. Is it the internal issue of your team collaboration that resulted in late orders or the external issue of suppliers running out of stock? Maybe the root of the problem is in the initial wrong takeoff that led to over or under-ordering materials. Whatever […]
Construction Blog
It takes a lot of effort and time to start your construction company. But the most challenging part is to keep it. If you’re new to the industry, finding clients and getting your first construction projects can be tricky as your company doesn’t have enough reputation yet. But even if your company has been working […]
Construction Blog
Great teamwork makes dreams work! A related study shows that smooth collaboration and objective recognition of a workgroup’s achievements increase profits by 29%. The construction industry, like any other, is no exception. Building an effective team structure takes the combined efforts of everyone involved in the venture – from C-level executives to architects, engineers, and […]
Construction Blog
Technology has come a long way in the construction industry. Statistics claim that over 94% of general contracts use at least one solution to monitor and manage their project. Data has become the backbone of any project. While past generations managed projects with paper and Excel, the modern generation has moved on to cloud-based applications […]
Construction Blog
Construction accounting is a unique branch of accounting that reflects the specific financial needs of contractors and construction companies. It’s not a parallel universe, but it’s worth knowing some important differences between construction accounting and other types of business accounting. Construction projects are usually larger and more complex than other types of business venture. So, […]
Construction Blog
Time is money! Time management is not just about meeting deadlines, but also creating a construction schedule that minimizes costs and wasted time and resources. This statement is especially true in construction, where a single day of delays could mean the loss of tens, if not hundreds of thousands of dollars. Still, delays happen to […]
Construction Blog
Construction project management requires careful planning and execution to achieve the desired results. While most short-term projects may not require a detailed construction budget, for anything more complex, precise budget planning is a crucial step that can make or break the project. What’s all the fuss about? Construction budgeting is not as simple as allocating […]
Construction Blog
Imagine you’re working on a critical project for hours when all of a sudden your computer shuts down, and you lose all of your results. We’ve all been there at least once and know exactly how it feels. Now imagine that the work you were doing required an entire team, took you all a couple […]