Keeping your equipment in great shape is undoubtedly essential to the success of your building business. The costs of upkeep are often much less than the cost of purchasing a new piece of equipment, especially for heavy machines and new technology.
Following a 2017 survey compiled by the USG Corp and the U.S. Chamber of Commerce, the Commercial Construction Index revealed that the United States is on the precipice of what could be one of the largest labor shortages in decades.
As the owner of a construction company, you know that maintaining your machinery and other equipment is necessary. If a machine breaks down in the middle of a job, it can bring everything to a halt and leave you unable to continue work until it’s repaired or replaced.
The first step to building an outstanding construction crew is to find and hire skilled, knowledgeable employees. Once you hire these skilled workers, however, you have to make certain that you can keep them on your crew.
For construction businesses, regular equipment maintenance is one of the most important factors in controlling costs.
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.
The construction industry has advanced dramatically over the past few years. A few hundred years ago, a custom built home would have been all but a dream. Now, they fill up real estate across the US.
New technology is constantly being developed and it continues to find new ways to improve our lives in ways we never thought of. In this infographic, we cover the 6 current technology trends that will benefit the building industry.
Considering launching a startup construction business? Right now, many construction markets are hot, so it’s a good time to strike. However, breaking into the construction business, as with many other industries, can be difficult.