As we all know, the construction industry is booming with opportunities being plentiful. Nearly everyone is making money and many firms have record backlogs with bigger bottom line profits. However, is the increase in the bottom line consistent with the increased...
Credit helps in production, distribution, selling, consumption and expansion. It helps smooth the rough curve of seasonality of a business. It increases the bonding and buying power of a contractor. But, where there is good, there may also be bad and ugly. Credit...
During the last couple of years and especially this year, subcontract failures are on the rise. With work going to contractors that are bidding with little to no profit there is simply no room for a bid or execution error these days. Unfortunately that is just a part...
With the slow down in the residential market you likely have seen more competition on projects as well as a longer list of subcontractors looking to provide bids to general contractors. With this new infusion of subcontractors to the commercial marketplace, are you,...
Times have been very good for the construction community over the recent past. With the exception of the real estate market, all phases of construction seem to be operating on all cylinders. This has resulted in strong profits for many companies. However, all good...
