The National Law Review offers this piece of advice for your contracting business: Get it in writing!¹ That’s especially true during the coronavirus pandemic that is threatening our nation’s population and economic health. Coronavirus vs. Your Contracting Business This situation is here and now. It changes every day, so if you had an optimistic 5-year plan […]
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By April 10, 2020, the Associated General Contractors of America revealed more than half of the construction firms in the United States had stopped work and 40 percent had laid-off employees, due to the coronavirus pandemic. 74 percent are seeking loans using the new Paycheck Protection Program. In one week’s time, the number of canceled projects
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The second quarter of 2020 will be difficult for most contracting businesses, but it’s temporary: Tough times won’t last. Tough companies will. You can cultivate ways to grow your business while business is essentially on hold. Using building permit reports for construction data can generate a new-and-improved marketing strategy during difficult times. 3 Ways to Build Your
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Building permit reports are necessary for all construction and some home remodeling projects. To obtain a building permit, companies apply to the local (city/county) government and include a construction site plan and architectural blueprints. Getting building plan approval can sometimes take weeks or even months. While the project stakeholders are waiting for the go-ahead, what
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“Market share” is the percentage or portion of the market controlled by a company or its products/services. If you’re the largest distributor of construction widgets in Maricopa County, AZ, you have the majority market share. You should use construction data analytics to keep an eye on other companies. (They may try to cut into your
Using Construction Data to Compare Market Share Read More »
The small home appliance market forecast¹ for 2020-2026 was released in February. The small home appliance market includes: Food Preparation Appliances Heating Appliances Irons Personal Care Appliances Small Kitchen Appliances Vacuum Cleaners The large home appliance market² includes: Air Conditioners Kitchen Appliances Refrigerators Television Washing Machines Others If you sell appliances – small or large
Can Construction Data Help Your Appliance Business? Read More »
Single-family starter-home buyers are intimidated by price tags even though financing options and rates are at lows that haven’t been seen in a very long time. Is there a solution to the high costs of new home investment? Yes. You can learn more about new homes being built using construction data. Starter Homes May Be
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Basic building permit reports are public information. Anyone can access them. It takes time – a great deal of time – to fine-tune the construction data your organization needs and can use. By the time you have sorted trends, projections, new housing starts, renovation requests, historical data… You may be too tired to structure a
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It’s difficult to think of any industry that isn’t impacted by housing starts and residential or commercial development. Business magazine Entrepreneur¹ says any organization that depends on a physical location needs to evaluate customer availability, accessibility, and proximity to other businesses/services. Building permit reports provide that information. Location, Location, Location Even internet-based companies target their audiences
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Data – information – is available to everyone. Even if you feel confident you know your business, its goals, and your industry, it’s difficult to know which information sources can deliver usable facts and figures. Construction data, including building permits information, is pertinent to our companies as well as our industry. But there’s another source of
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