Why Online Reviews Matter And Ways To Deal With Negative Feedback
Posted by Sharie DeHart on Fri, Dec 01, 2023
Topics: Website Search, Contractor Tips, How To Handle Negative Reviews, Online Feedback Matters
Recognizing The Value Of Construction Contractors In Our Daily Lives
Posted by Sharie DeHart on Fri, Nov 24, 2023
I was taking a moment to reflect on the challenges for the Pilgrims coming to America. They decided to make the journey with no guarantee of success. To build homes, plant crops, and take care of animals. Then, later, everyone chose to move West by wagon train, horse, or on foot. I am grateful for them! I think about my Grandparents and my Great Grandparents. What was life like when they were children? Where did they come from, and how did they get to where they were?
The family's oral history seems so inadequate. My father shared so much, but now it looks like so little. Be glad for the simple things we take for granted:
- Going to the grocery store, deli, or restaurant for dinner
- Living indoors with electricity and indoor plumbing
- Driving a car
- Crossing the water on a bridge or ferry
Modern times. I am all for living in the city with the gas station and grocery store just down the street. I appreciate reliable electricity, and tree contractors trim powerlines year-round to help prevent outages. I am grateful for the linemen who repair power lines during a storm so we have electricity.
Topics: Thanks To Everyone Involved In Construction, Contractor Tips, Black Friday For Construction Contractors, Value of Construction Contractors
Becoming A Better Construction Leader By Practicing Generosity
Posted by Sharie DeHart on Fri, Nov 17, 2023
Topics: Leadership Styles, Construction Project Managers, Contractor Tips, Project Management, Project Management For Construction
Finding some certainty can make all the difference in the unpredictable construction business world. While the future remains a mystery, budgeting and cash flow forecasting tools can significantly reduce uncertainty, allowing you to anticipate challenges, learn from past events, and enhance your ability to navigate your business.
Budget vs. Cash Flow: The Crucial Distinction
A common misconception is that a budget and cash flow are interchangeable. A budget is a projection of future possibilities, enabling you to consider various sales and expense scenarios. On the other hand, a cash flow provides a record of actual expenses and sales revenue that flow into and out of your business each month. Although they often deal with the same data, their applications differ.
Topics: Cash Flow, Construction Accountant Who Listens, Construction Company Cash Flow, Contractor Tips, Construction Business Budget, Budget Vs. Cash Flow
The True Value Of Networking To Contractors And The Community
Posted by Sharie DeHart on Fri, Nov 03, 2023
Topics: Leveling Up, Networking, Construction Accountant Who Listens, Contractor Tips, small business connections
Pros And Cons Of Working With Family And Friends In Construction
Posted by Sharie DeHart on Fri, Aug 25, 2023
Topics: Hiring Employees, contractor divorce, Construction Contractor's Family, Do What You Do Best And Outsource The Rest, Contractor Tips
How To Handle Construction Client Debt So You Get Paid On Time
Posted by Sharie DeHart on Fri, Aug 11, 2023
It can be easy to neglect to manage your debtors when you're busy growing your business, but intelligent credit control is important. So it's crucial to have the skills to handle the people who owe you money well, especially if you want to avoid taking them to court.
When negotiating contracts with clients, try to set payment terms that help your cash flow, such as deposits or progress payments. Dealing regular payments for contracts that take months to complete has two purposes: it gives you cash flow to match your expenses and protects you from total loss on a project if the customer goes into liquidation.
Topics: Invoicing, High Profit Repeat Construction Clients, Contractor Tips, How To Charge Clients, Get Paid On Time
A Guide To Serviced-Based Business Advertising That Works
Posted by Sharie DeHart on Fri, Aug 04, 2023
Advertising is a massive industry with multiple mediums for your message to be heard or lost in translation. It might sound like a no-brainer, but before you start planning your advertising, you must consider what you are trying to achieve from your investment. Your ultimate objective likely is to build sales, but other things to consider are increasing market presence and building your brand.
Topics: Hiring Employees, Hiring Guide For In-House Construction Bookkeepers, Do What You Do Best And Outsource The Rest, Contractor Tips, Construction Employee
What it means to be your own boss
Being your own boss might sound like it is the ultimate ticket to freedom and financial success – and it can be. But don't be fooled into thinking you'll be able to put in a few hours each morning and spend the afternoons networking over a round of golf. The reality is that most businesses require much hard work – more than your standard 9–5 job and over some years – before they start to make a reasonable profit, and many new construction businesses fold before they reach that point.
Topics: Success In Owning A Construction Business, Contractor Tips, Building a Construction Business, Construction Employee
Finding The Right Construction Talent And Common Onboarding Mistakes
Posted by Sharie DeHart on Fri, Jul 21, 2023
Here are some steps to find and hire staff that support your business growth, whether in the office or the field.
Step 1: Define the job and necessary qualifications
The first step in finding the right talent is accurately defining the job description and qualifications. Is this a new position you're hiring for? Are there gaps in employee skills that need to be met? Is this a position that requires specific knowledge and experience?
Remember also that the job salary should match the role and the qualifications. You can't expect to hire someone with ten years of experience by only offering an entry-level wage.
Topics: Hiring Employees, Hiring Guide For In-House Construction Bookkeepers, Do What You Do Best And Outsource The Rest, Contractor Tips, Construction Employee