New Year, New You?
Most construction business owners start their companies with a passion for building, and probably bring a particular area of expertise too. Makes total sense. Here’s the hitch though: successfully growing the business usually requires…
Read Moreabout New Year, New You?
Water Damage?
Won a new project? Great—but, are you clear on the foreseeable risks? In particular, water damage claims have been on the rise, making water damage prevention strategies a must for all construction business owners,…
Read Moreabout Water Damage?
Hiring, Training and Retaining: Women
Though record high numbers of women have been taking on construction jobs, they are still generally underrepresented in the field. As data continues to highlight painful shortages of skilled laborers, the imperative for diversification…
Read Moreabout Hiring, Training and Retaining: Women
Understanding Trustee Responsibilities
When setting up a trust as part of an estate plan, do not underestimate the responsibilities that will fall to the trustee designated to administer the trust. Serving as a trustee is not an…
Read Moreabout Understanding Trustee Responsibilities
Is a Life Estate A Good Idea?
A life estate is an estate planning tactic that allows real estate to bypass the public process of probate. Essentially, the real estate is gifted directly to a “remainderman” after the “life tenant” dies….
Read Moreabout Is a Life Estate A Good Idea?
The 401k and Health Savings Plans?
Healthcare is top of mind for many workers, so it’s not surprising that the closer employees get to retirement, the more worried they are about the costs of healthcare. That’s why it can make great…
Read Moreabout The 401k and Health Savings Plans?
Ignoring The Signs?
For sponsors of 401k plans, failure to take action when investments underperform can result in allegations of a fiduciary breach. Indeed, failure to properly monitor funds is the claim at the center of litigation…
Read Moreabout Ignoring The Signs?
Won Your Biggest Bid: Now What?
Upon learning they’ve won their biggest build yet, what do the leaders of smart, growth-bound construction companies do? After taking a moment to let out a whoop or two (seriously, woohoo), winning contractors get…
Read Moreabout Won Your Biggest Bid: Now What?
Through-Channel Marketing?
Although through-channel marketing (TCM) is typically associated with big brands, ambitious small business contractors can strategically borrow the approach to enhance their visibility and generate new leads on the path to growth. Leverage…
Read Moreabout Through-Channel Marketing?