Organizations and industries, no matter the career discipline, is fully invested in coordinating and taking part in conferences, summits, expos, and exhibits. Industry trade fairs are remarkably relevant to construction company owners because it leverages traditional marketing practices without being intrusive (because your target market comes to you), fosters real, solid relationships, and promotes camaraderie among your associations.Read More
The Four Most Important Words Your Construction Clients Say:
- "While it's open anyway...." (the walls, floors, ceiling)
- "Since we're this far..." (in the project, remodel, new house)
- "I have an idea..." (for more work to be done, change something)
- "Now my wife wants..." (more, more and more)
Highly profitable and very successful Contractors like you respond with...Read More
There will come a time when you will pass your construction company on to the next generation, sell it or simply close it down. If this is something, you are considering in the near future or perhaps several years down the road it is never too early to begin planning for it.
Prior Planning Prevents Poor Performance
Planning hurts! Because it involves "thinking" which is, some of the hardest work you will ever do and it is the most profitable in the long run. Just knowing the answers or at least having a strategy for finding answers can mean the difference between comfortable lifestyle and the all too common "Work-Till-You-Die" treadmill that far too many contractors are on.
Start by asking yourself two simple questions:
- If your construction company were for sale, would you buy it?
- How much would you be willing to pay for it?