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Qualities Subcontractors Should Look for in General Contractors

Knowing how to choose the right projects is an essential aspect of a subcontractor’s career. Part of choosing the right projects includes choosing quality

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KPIs for Contractor Success

Contractors need to be equipped with insights on how their business operates, its financial needs, and what it may require to grow. KPIs offer a look into all of these details and more, as they aim to measure what businesses can do to hit important goals. There is an abundance of KPIs that a construction company can choose to look at. We’ll focus on key financial metrics and some project and bid-oriented ones that can help contractors become more successful.

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Overcoming Post-COVID Construction Industry Challenges

While the pandemic has certainly had an effect on the construction industry and some companies have struggled to deal with its effects, technology has become a lifeline in the past year. From video conferencing to digital planning and organization, the industry is finding new solutions. Bouncing back from the effects of the pandemic will be a focus for construction companies in 2021 and technology will continue to play a major role in that recovery. Here’s a look at four post-pandemic challenges and how contractors are successfully overcoming them.

Subcontractors

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Should Commercial Contractors Consider Moving To Residential?

Based on the current economy, should commercial contractors consider adding a residential division? With the recent boom in residential construction, many commercial contractors are making the move to add residential projects to their portfolios. Some say they are being asked by their commercial customers to take on residential work. To help contractors decide whether to make a move to residential work during the boom, we’ve listed some pros and cons around making the shift.

Suppliers

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5 Ways to Protect Building Materials from Theft

With rising material costs, construction sites are becoming even more attractive to thieves. However, this doesn’t mean you’re helpless. There are definite ways to secure your work. To help keep thieves away from your job site, we’ve got five ways to protect your building materials.

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Financing Resources for Busy Contractors

Busy contractors need to have cash available to fund the steep expenses that come with starting a new job. But if payment on your current projects is delayed, it can spell trouble for the new work you’ve just secured. Having several financing options at your fingertips is a great way to stay nimble and grow your business. Let’s take a look at the many options contractors have for financing their business.