Payment With A Smile

For distributors in any industry asking customers to pay their invoices is often the least enjoyable part of the business process. However, while the...

The Drive to Win

Forget tough. Today, competition is fierce. And although the construction contracting business has been challenging, it’s time to take steps and implement actions to...

Construction Contracts: Part III

In parts I and II of this article, we focused on specific “best practice” contract terms that well-drafted construction documents should address. Ultimately, it...

Ending Business As Usual: Being free from unwarranted construction cost overruns

As the economy has picked up, so has construction in New York City. In fact, development on many new construction projects in and around...

Working Capital: Factoring supports contractor growth as U.S. construction ...

According to FMI Corporation’s Q1-2013 Construction Outlook Report, construction spending in the U.S. is projected to reach $1 trillion in 2015. In fact, the...

Where's The Money?

Stopping embezzlement in audit trail. When I present The 90-Minute MBA® in a seminar, I ask those who are business owners or managers to raise...

Construction Contracts: Part II

Contract documents serve as the primary to-do list for the owner, general contractor, subcontractors, and all other parties involved in the project. As the...

The Competitive Edge

The benefit of a plan for prevailing wage bids. Trying to maintain a skilled, reliable workforce in today’s construction climate can be a challenge even...

Construction Contracts: Part 1

Modern construction sites today are teeming with tradesmen, engineers, architects, big sophisticated equipment, and countless infrastructure features that allow for the successful completion of...

Renting Wheel Loaders Makes Good Business Sense

Whether you’ve won a bid for a short-term project that may not justify the purchase of a wheel loader, or you’ve exhausted your annual...