When an established company is failing there is usually a few very good reasons. Often you have to consider if it’s worth saving and can it be saved before you invest time into the work. The irony in saving a company is that it’s usually an internal people problem rather than an external situation. However if you are reading this article you probably know all too well how internal people problems can lead a company to doom.
Continue reading “Saving a Failing Construction Company” »
Construction divisions are important to understand because they help organize your large proposals and allow you to draft a professional contract presentation.
Continue reading “How CONSTRUCTION DIVISIONS can help you sell jobs” »
As someone who has solicited a job opening, reviewed and hired construction employees I know how to get hired by a construction company. Let me explain how to create a great resume and how to get that resume in front of the people who do the hiring.
Continue reading “Construction Resume” »
Search the internet for “how to build credit” and you will surely find 1,000 stupid articles on how to build credit. But in this particular stupid article I will get down to the brass tacks of credit building.
This is my no bullshit business credit guide.
The U.S. census bureau valued 2013 construction spending at $ 930,500,000,000.00
Big companies like Betchel construction based in California have received 38 billion in revenue this last year. Even small contractors as sole proprietors can double or triple their hourly wage by setting off on their own.
So, lets talk turkey…
There comes a time when everyone is starting that they outgrow their garage or they need to find that first garage to start business. Finding a workshop for fabrication or for use as contractor storage is a serious step in being a legitimate business.
The attached picture is a shop space leased out by a small contractor. Actually several small contractors have divided this space up. Let me give you a few tips on working out a situation for yourself like the one in the picture where everyone gets along and is happy.
This article does two things for the small business owner. First I show you how to build a FREE WEBSITE that actually gets you business. Second, I show you how to store you DATA IN THE CLOUDS so its available on your office pc, home pc and cellphone for free.
Anything is possible if you have a lot of money or a lot of crazy friends.
Purchasing bulk materials and stockpiling is a great lesson in tangible investments.
1) Reduce the cost of purchases
Its obvious that buying in bulk can reduce costs. So what kind of saving can you expect?
I think its fair to say that profit margins vary depending on the item. But bulk purchases for me have varied up to 80% savings over retail. I would estimate that if I could stock a warehouse full of wholesale materials I could reduce costs by almost 50%. Realistically depending on the space and budget you are working with this may be significantly less. Mine is closer to 10% overall.