Estimating job costs is becoming increasingly difficult for construction contracts. Competitive bidding practices, rising labor and material costs, delays in obtaining permits, trade agreement restrictions with other countries, changes in government regulations, and the shortage of qualified...
This Week's Second Look
How do you get a job without the right skills or credentials? How do you gain the right skills or credentials to get or succeed in a job if you can’t pay for the education needed to obtain them? From an employer’s perspective, how can you attract eager workers, ensure they develop the skills they...
How companies in the commercial construction industry are addressing the worker shortage in their respective organization varies greatly. From compensation to prefabrication, they are doing what is necessary to meet their needs in recruiting and retention. So, with July being National Retirement...
Authored by Nick Guidry, MBA, M.Ed., SHRM-SCP, Construction Career Collaborative Contractor Relationship ManagerIn the world of construction, skill development and continuous learning play a vital role in career advancement. Whether you're an aspiring or seasoned carpenter, electrician,...
Starting a new business venture can be exciting. Whether you are forming your first company or expanding into a new area, it is important to properly account for start-up and organizational costs. The rules concerning these costs are different for income tax purposes and for financial reporting...
There is quite a lot of discourse regarding daily reports in the construction industry. Some people think they are unnecessary and take too much time to be worth the effort. However, some may not consider how important daily reports are in regards to protecting you on the front end and defending...
The mantra of the residential and renovation contractors and subs that “Residential is different from Commercial construction. We can’t afford to do all that stuff...” has been repeated in my face for my entire career. I would argue that might have been the case in the past, but, as Bob Dylan sang...
Senator Ted Cruz visited Spawglass’ Village of Southhampton jobsite in Houston this week to tour the site, hear from construction executives, and promote his new bill, the Education Freedom Scholarships and Opportunity Act during an event hosted by Associated Builders and...
While the beginning of the month can signify a fresh start for some, small businesses and their accounting departments sometimes associate the first few days of the month with feelings of frustration, stress, and anxiety. The dreaded month-end close process never ceases, and a recent survey by...