For construction businesses, regular equipment maintenance is one of the most important factors in controlling costs.
Strategic planning should a be a regular process that construction companies undergo to best define their future. As discussed in part 1 of our Strategic Planning guide, your strategic plan will be vital for keeping your company on task, identifying areas for improvement, making course corrections, avoiding pitfalls, and ultimately heading in the right direction.
Struggling With Succession Planning and Ownership Transfer? How Construction Company’s Can Do it Right the First Time
Transitioning a construction firm is perhaps the most challenging process a privately held company will face in its business life cycle. Family, key employees, competitors and financial investors all play a role in this process.