How to Get Rid of Punch Lists

“Buy cheap, buy twice…” is how the saying goes. The same logic can be applied to your building company. Investing in cheap labor, materials or tools can cause you headaches and cost you both in time and money. Call backs are expensive and they wreck havoc with your scheduling. Here are some ways choosing quality …

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Tips on Dealing with Extreme Cold

The extreme cold affecting large swathes of the US and Canada has many crews working in life-threatening conditions. Hyporthermia can affect you even when the temperature is above freezing, so it’s important to know the signs and ensure your crew is properly prepared for cold weather. Get the Right Gear Start by dressing right. Layering …

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Is Your Business Growing Too Fast?

Despite the labor shortage, times are pretty good for construction firms. There is business aplenty and you may be wanting to take on more employees to increase the number of projects you can complete this fiscal year. Growing is good, but growing too fast can be disastrous. One of the symptoms to look out for …

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Scheduling Tips that Save Time and Money

Construction managers have the mammoth task of ensuring their jobsites run smoothly. Pre-job planning takes care of contracts, plans and the ordering of equipment and materials, but it’s scheduling during the build that often causes delays. When scheduling fails, customers get angry and you lose money as you’re able to complete fewer jobs in the …

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Tips for Retaining Profit Margins in a Competitive Construction Industry

The most essential element of maintaining your profit margins is forward planning. Don Macgruder from ProSales: “Most executives lack focus on future margins because they are not prepared to face the harsh reality that they use losing strategies. It is easy to complain about a 19.8% margin on last month’s report; however, it takes effort to develop a winning pricing strategy. Good margins don’t just happen; they require a forward-looking strategic plan.” Here are some strategies that will ensure proper forward planning:

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Reducing Waste Saves Time, Money and the Environment

As customers and building codes demand more sustainable homes, you will have to adapt to meet eco-conscious demands. Being more sustainable isn’t just something we can practice for our clients, creating more sustainable jobsites means safer workplaces with less waste. It means you can save money and time if you just work a little smarter. …

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Reduce Hardware Runs and Save

Is everyone sitting around waiting because you ran out of nails? When employees leave the jobsite to pick up materials, you have a double loss with transport costs and time. Studies show that these costs can take up as much as 2-4% of the project’s profits for most small to medium construction companies. But with a better system and planning, you can vastly reduce lumberyard runs and improve your efficiency and your bottom line

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Strategies to Retain Crew Members in a Labor Shortage

It’s tough times for construction managers—you have plenty of work, but great employees are difficult to come by thanks to the growing labor shortage in the construction industry. Retaining valuable staff members goes beyond paying more. Here are some strategies for staff retention that will help you reduce turnover, so you can maintain profit margins …

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