Category: Business Services
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How Construction Companies Are Replacing CFO Turnover with Team-Based Financial Leadership
In today’s construction industry, uncertainty is a constant. Volatile material costs, protracted billing cycles and razor-thin margins place significant strain on management teams. For many mid-sized subcontractors and GC’s, an emerging challenge is a revolving door in financial leadership – high turnover in the CFO role is creating a dangerous blind spot. Research shows that…
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Winning the Talent War: How Construction Firms Can Attract the Next Generation of Workers
The construction industry is at a tipping point. With seasoned workers aging out and too few young professionals stepping in, the labor shortage has gone from a looming issue to a full-blown crisis. According to the National Center for Construction Education and Research, 41% of the current construction workforce is expected to retire by 2031.…
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What Contractors Need to Know About Prompt Payment Statutes in Construction
Prompt payment statutes are laws enacted at the federal and state levels that set specific deadlines for payment and limit the amount of retention that can be withheld on construction projects. These statutes can apply to both public and private construction work, depending on the jurisdiction, and are designed to ensure that contractors, subcontractors and…
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10 Essential Sealcoating Strategies | For Construction Pros
Sealcoating is a significant part of our industry, whether directly or indirectly. Most of us deal with it in some capacity — and for many, it’s a substantial part of their business. This prompted me to reflect on various strategies and lessons learned over the years to optimize sealcoating jobs. When considering this topic, I…
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How Controlled Insurance Programs Help Large Construction Projects Avoid Failure
Large scale or “mega” construction projects routinely fail – and sometimes even small and mid-sized projects – costing project owners and governments billions of dollars and sometimes completing years after the expected completion date. In Toronto, the Eglinton Crosstown LRT is a particularly well known example, running at least five years behind schedule and costing millions more than initially…
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Let’s make a deal. Or maybe not?
Growing infrastructure investment, the expanding global middle class, increased housing demand, the need for data servers and falling interest rates: Given all these trends, it’s no surprise that the engineering and construction (E&C) sector is growing at a healthy clip (5% a year). That pace will likely accelerate and could reshape the market for decades.…
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Prioritizing Mental Health Over Branding
When I came into the asphalt industry, mid-way through 2022, one of the first calls I took was with the man who people told me was an “asphalt influencer,” and since I was so new I wanted to make sure I connected with him as soon as I could. I remember not really knowing what…
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How Parking Lot and Street Sweepers Enhance Safety
Parking lot and street sweepers are often overlooked, yet play a vital role in maintaining the safety and cleanliness of shopping centers and city streets. These machines are more than just tools for tidying up; they are crucial in preventing accidents and ensuring public safety. In shopping centers, parking lot sweepers remove hazardous debris such…
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Understanding Your Performance Gap | For Construction Pros
I do not mean to get personal, but would you mind if I asked you about your performance gap? Most businesses have one but may not be aware where they stand regarding their type of business. The performance gap is defined as the difference between the decided performance level and the company’s actual performance. The…
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5 Soft Skills that Boost Construction Sales – And 5 Ideas to Use Them Today
Missy Scherber, president of T. Scherber, a Minnesota-based demolition, excavation and waste management company, stood in front of 160 women at the 2025 Women in Construction Summit, hosted by Werk-Brau, and bared her soul. An attendee at the conference in Findlay, Ohio, in 2024, she wasn’t even sure she’d make it to her speaking gig…