construction
They say there are two kinds of contractors these days: one that uses a drone and another with a drone on back order. It’s debatable whether anyone actually says this,…
Read MoreAs you know, every construction project doesn’t require bonding. However, once your company starts working on jobs that do, your ability to obtain performance bonds of the requisite value becomes…
Read MoreThe construction industry has made great strides in overcoming the outdated perception that it’s rife with corruption. Unfortunately, the fact remains that contractors lose hundreds of thousands of dollars a…
Read MoreWith the Trump administration imposing broad-based tariffs on foreign goods and materials, many construction companies are thinking about the potential increase in materials costs on their projects. There are many…
Read MoreDigital transformation is a very real trend in many industries, including construction. The term refers to a business’s conscious effort to integrate digital technology into every area of its operations.…
Read MoreEarned wage access (EWA) is catching on across various industries. Many different types of employers are using it to help attract and retain employees, but is it a viable option…
Read MoreWhen project owners invest in construction jobs, they invariably look for long-term value. Whether road, residence or commercial real estate, the final deliverable needs to stand the test of time…
Read MoreContractors often struggle to find suitable buyers for their companies when they’re ready to retire or otherwise move on. That may be why many construction businesses implement employee stock ownership…
Read MoreUnder a performance bond, a legally binding agreement is established between a construction company, a surety (the bond provider) and a project owner. Essentially, the bond guarantees that the business…
Read MoreIf you’re like most busy construction business owners, you have plenty on your plate. Adding anything more to it is likely a tall order unless that item is going to…
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