The ability to network is a fundamental part of running a business. Running a business in isolation is difficult, so it helps to have expert partners and acquaintances available to share ideas with.

 

If you're looking to network with construction industry professionals, there are several ways to do so.

 

1. Attend industry events: Look for construction industry conferences, expos, and trade shows in your area. These events often have networking opportunities, such as meet-and-greets or after-hours social events.

 

Conferences are a way to actually meet in person, so the results can be hard to beat. Most conferences have time set aside for networking, allowing you to meet everyone in your niche. More work might involve getting to a conference, but the networking opportunities alone are often worth it. Best results can often be gained by creating a good impression in person, followed by an online contact.

 

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Topics: Leveling Up, Networking, Construction Accountant Who Listens, Contractor Tips, small business connections

Several aspects of the construction business can only be learned through experience. One of them is negotiating contracts. 

 

Owning your business requires many skills, and among the most important might be the ability to manage negotiations. As a business owner, you could find yourself negotiating in many circumstances, such as: 

 

• Salary and job expectations with a potential employee 
• Financing terms with a lender
• Payment terms with a supplier
• Lease or property agreements
• Equipment agreements.

 

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Topics: Leveling Up, Systems And Processes, Construction Business Negotiations, Negotiating Contracts

Every manager has habits that make them effective. Managing contractors doesn't just mean scheduling them and making sure they're progressing on the project, but also knowing how to address workplace matters proactively - for one, the growing generational differences among their peers to communicate effectively and boost productivity.

These days, it's inevitable that a diverse group of older and younger workers cross paths in the construction industry. After all, the young, tech-savvy, socially conscious Gen Y (Millennials) and Gen Z are currently the largest living generation in the U.S., navigating the workforce in record numbers. And the boomers may be retirement age, but that doesn't mean they're ready to stop working. Many baby boomers choose to enjoy "encore careers" – jobs that allow them to continue applying their skills and experience to personally meaningful projects.

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Topics: Leveling Up, Systems And Processes, Contractor Guidance

To hire or not hire employees is one of the few optional things where the business owner gets to choose, change their mind or change direction as needed. With so much discussion about employees, payroll, and payroll taxes; you may feel that you are missing out by not hiring lots of employees. Reality is that as a small business owner, you DO NOT HAVE to hire employees.

Hiring, maintaining, and feeding employees is not the measure of success. Owner-Operators can open his or her business and do all the work themselves. Moreover, some construction business owners still go by "No Skills Required." Thinking that "The jobs we do are simple. It's easy, and anybody can do it …that's why they think you can too!" They say things like, "You can start right now. Let's not waste time on an employment application/background check and other stuff. No Training Required - I trust you to do the most skilled functions in my business because you need a job."

 

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Topics: Hiring Employees, Leveling Up

We Are Easy To Do Business With

When a Construction business owner is searching for the right bookkeeping service they learn to walk on egg shells and try not to offend the “Great And Powerful PooBah Accountant” 

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Topics: Leveling Up, Bookkeeping Services, QuickBooks For Contractors, Strategic Planning, Systems And Processes, Increase Sales, 80 20 Rule