The Construction Labor Shortage is a Work Culture Problem
The construction labor shortage was bad before the coronavirus pandemic; now it is a full-blown crisis. According to a CNN Business article, the construction industry lost 1 million workers during the initial months of lockdown. Now, the article states, the industry is losing workers faster than it can recruit new ones. According to the 2020 […]
3 Simple Tips for Improving Construction Cash Flow
The state of construction cash flow in 2021 is well below the level of comfort for most contractors; the industry is still recovering from the damaging effects of the pandemic. Our good friends at Levelset recently released the 2021 Construction Cash Flow & Payment Report, a detailed report on the state of cash flow and […]
Getting Paid in Construction is Like a Marathon in Hell
Construction payments are notoriously slow. There are a lot of misperceptions about why that is. We break down the reality, and how to improve it.
Include Finance in Your Capability Statement
A financial capability letter shows your GC that you have the capital to do the project right. Financial capability letters are an important X-factor when bidding on government contracts, but they should be part of every bid you submit as a component of your capability statement. After all, one of the largest concerns a General […]
Do Your Part: Rebuilding Greatness
The construction industry is a lot like an American muscle car. I want you to picture a classic American muscle car. In fact, let’s all take a minute and appreciate this 1968 Ford Fastback Mustang GT. Gorgeous. The GT was built with purpose. Every mechanical component, every aesthetic choice, every button, knob and light all […]
Webinar Replay: Construction Marketing
Marketing is a lot more than a logo, a website, or a Google ad. It’s everything your company does to build awareness, gain new business and deliver value to your customers.
In this webinar, four marketing experts from the AEC industry share their tips for effective branding, website design, email, social media, and video marketing.
Cash Flow Management for Construction Businesses
Cash flow in construction is complex, but managing your company’s cash flow shouldn’t feel impossible. What you need are a few simple, actionable strategies that will take your cash flow management from chaotic to clear and productive. Cash flow experts Scott Peper (Mobilization Funding), Suzanne Cox, CPA, CIT, (Saltmarsh, Cleaveland & Gund) and Lori Drake, […]
Webinar Replay: Protecting Your Contractor Business from Cybercrime and Fraud
Scott Peper Welcome, everybody. Thank you for joining us. I appreciate it. I’m very interested to get on this topic today I have an amazing guest someone that we hired here individually Mobilization Funding to just go through with our team, just the outright fraud that’s out in the marketplace, whether it’s through email IT […]
It’s Time to Do Your Part
It’s time to Do Your Part! If you follow our newsletter (and if you don’t, now is the time!) you know our CEO Scott Peper talks a lot about how the construction industry needs to be rebuilt. The industry that literally built America and continues to build our future has fallen into disrepair. There are […]
5 Communication Tips to Improve Commercial Construction Contractor Relationships
Communication between General Contractors and subcontractors is critical to the success of the project and the success of the business relationship. Yet many (if not most) GCs and Subcontractor relationships have so many roadblocks to clear and effective communication that it results in tense conversations and even outright conflict as the norm. It doesn’t have […]