Without competitors, there would be no need for strategy. – Keniche Ohmae There’s nothing wrong with watching “the big boys” of construction and learning from their successes. Mentorship can take you to a better place, business-wise, and faster than you imagined. Your competitors are the same-size companies bidding on the same jobs as you. You […]
Using Big Data in Construction to Predict a Contractor’s Next Move Read More »
We believe the best business development tool for construction industry companies is ours. We have the best data, pre-sorted, and customized for your business and your locale. But to stay alive in today’s techno-business environment, you need additional construction software. 2020 Construction Software Ratings After it’s said and done, business is business, whether it’s a
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We think plumbing is more than “essential service.” Plumbing pros within construction services provide a critical service. Plumbing Industry Construction Services Outlook For a while, new construction was so lucrative everyone that could got into the business. Whole subdivisions were developed using the “cheap and fast” model. Then, the fly-by-night building companies vanished. That led to
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Your market is unique as your company. One small company has a baritone. Their work is great; their prices are solid. But some residential renovation businesses say they hire this firm because the guy sings as he works. The key to success is capitalizing on your uniqueness. Once you understand (and appreciate) who you are, it’s
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If you’re not worried about fledgling startups, you should be. When a competitor enters your neck of the woods, you want to know about it yesterday. What you should regularly study is building permit data for new company reports. It may include familiar names that are new to your area. But there’s nothing “new” about those established companies and they
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Commercial buildings include warehouses and retail properties, museums and restaurants, and more. Commercial building statistics are important because the design and construction of commercial buildings impact cities and communities as well as environmental quality and jobs. How to Find Commercial Building Statistics If you have a subscription to Construction Monitor for building permit data, you can
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You hear terms like “actionable insights,” “business intelligence,” and “tools” but they’re not talking about screwdrivers, IQ, or 5-year plans. Big data is a reality impacting every segment of the construction industry. When it comes to construction business development and management, what you don’t know can hurt you. Construction Business Development: Managing Information Let’s talk
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Today, construction data drives residential development. That data is shared with creditors, backers, shareholders, and pretty much everyone inside and outside our industry. “There are powerful analytical tools now available to guide a residential construction company’s course,” said Jonathan Smoke, national research professional. “There’s opportunity at every level.” How to Use Construction Data Tools There
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A project that was built 40 years ago is a part of the historyof your company, but it is not necessarily interesting topresent-day clients. –Is Your Online Project Showcase Up to Par? You likely have a large, 3-ring binder with construction projects statistics and photos. You used to carry it with you – stored in
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Green energy was getting an even greater foothold on our country earlier this year. The economy was stable, and we were amid one of the longest-running bull markets as of March 11, 2020. Property owners felt they had the financial security they needed to invest in something all of us feel passionately about; preservation of
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