When it comes to the construction industry, employee training and development is crucial for success. Providing employees with the necessary skills and knowledge can make their work more efficient and effective, leading to higher-quality results and increased productivity. From safety training to technical skills development, a variety of areas can be focused on in construction employee training and development programs. Investing in these programs not only benefits employees but also improves the overall success of the construction company.
Don't have an employee? As a construction company owner, it's important to prioritize investing in yourself and your growth. By paying yourself first, you'll be better equipped to make intelligent investments in your construction business and provide valuable training and development opportunities for your soon-to-be employees in the industry. This can lead to a more skilled and efficient workforce, which can ultimately help your business thrive.
Sharie DeHart
Recent Posts
Cultivating Construction Company Productivity Through Staff Training
Posted by Sharie DeHart on Fri, Jul 07, 2023
Topics: Construction Productivity, Production, Construction Employee, Staff Training, Contractor Training, Contractor Development
How To Manage Your Construction Company Payroll Effectively
Posted by Sharie DeHart on Fri, Jun 30, 2023
This is a great thing, but it also means that payroll becomes more complicated. As such an essential aspect of your business, payroll must run smoothly. Getting paid is, after all, the primary reason that most people come to work.
Topics: Payroll Processing, Payroll Options, Do What You Do Best And Outsource The Rest, Contractor Tips, Payroll For Construction Contractors
A Guide To Building A Solid Construction Company Marketing Plan
Posted by Sharie DeHart on Fri, Jun 23, 2023
As a contractor, having a solid business plan is essential for growing your company and attracting new clients. If you're serious about getting the best value you can for your marketing budget, you'll need to develop a marketing plan.
One of the first steps is to identify your target audience. Who are your ideal clients? What are their needs and pain points? Once you understand your target audience, you can develop a marketing strategy that speaks directly to them.
Building a solid construction company marketing plan is essential for any business owner looking to grow their company. With the right strategy, you can increase your brand awareness, generate leads, and ultimately boost your revenue.
Topics: Success In Owning A Construction Business, Leadership Styles, Contractor Tips, Building a Construction Business
Construction Accounting Concepts You Can Benefit From Today
Posted by Sharie DeHart on Fri, Jun 16, 2023
As a small business owner, you know that managing your finances is crucial to the success of your business. But with so many accounting principles and practices, it can be challenging to know where to start. That's where we come in! This guide will break down the essential accounting principles that every small construction business owner should know. We'll discuss how these principles can help you keep track of financial transactions, create accurate financial statements, and make informed decisions for your business. So, let's dive in, shall we?
Why Are Accounting Principles Important for Construction Businesses?
Accounting principles are the foundation for any successful business. They provide a uniform framework for recording and reporting financial transactions, ensuring consistency and accuracy in your financial records. By adhering to these principles, you'll be able to:
- Make better financial decisions based on accurate and reliable data
- Monitor your business's performance and identify areas for improvement
- Meet legal and regulatory requirements for financial reporting
- Build trust with investors, lenders, and other stakeholders
Topics: Construction Bookkeeping, Construction Accounting, outsourced construction accounting and bookkeeping, Cost of Goods Sold Vs. Expense, Job Costing, COGS
Leading Causes Of Stress For Contractors And How To Counter Them
Posted by Sharie DeHart on Fri, Jun 09, 2023
Many entrepreneurs believe hard work and determination are all it takes to build and sustain a successful business. But when you consider the pressures of running a company, it seems wise to add effective stress management to the list. Left unchecked, stress can erode your passion and undermine performance – not to mention a severe toll on your health.
Topics: Cash Flow, Construction Accountant Who Listens, MAP vs. PAM, Contractor Cash Flow Problems, Do What You Do Best And Outsource The Rest, Contractor Tips
Becoming A Better Construction Company Owner By Developing Courage
Posted by Sharie DeHart on Fri, Jun 02, 2023
Fear is a natural, emotional response to distress. The evolution of humanity was dependent upon feeling and responding to fear. Unfortunately, for some of us, fear is a stumbling block to unlocking our full potential and becoming great leaders.
Fear can have a significant impact on business activities. If a business owner is afraid of taking risks or making decisions based on past negative experiences, it can hinder their success. It's important to remember that fear is often based on False Evidence Appearing Real or F.E.A.R. It's crucial to approach business decisions objectively and not let fear cloud judgment. By recognizing and addressing fear, business owners can make informed decisions that lead to success.
The good news is that courage is like a muscle, and when you exercise courage, it often becomes more robust and more natural. Here are a handful of ways to overcome fear, find courage and become a better construction company owner.
Topics: Success In Owning A Construction Business, Leadership Styles, Contractor Tips, Building a Construction Business
Building A Competitive Advantage In The Construction Industry
Posted by Sharie DeHart on Fri, May 26, 2023
A competitive advantage is something that you offer or have that the competitor does not. There must be compelling reasons for people to do business with you rather than with other construction companies.
The need to identify your point of difference is essential. The more similar your business is to many others, the greater your need to develop competitive advantages.
The key to benefitting from the competition is knowing how to take on competitors so your company earns a profit effectively. Look into your industry and the successful contractors around you not to lose sight of your vision for your construction company but as an inspiration to guide your systems and processes.
Topics: Contractor Tips, Construction Productivity, Construction Organizational Change, Competition In The Construction Industry, Construction Competitors
How To Increase Your Construction Business Profit In Three Months
Posted by Sharie DeHart on Fri, May 19, 2023
Topics: Construction Cash Flow, Cash Flow, Construction Accountant Who Listens, Contractor Cash Flow Problems, Contractor Tips, Improve Construction Cash Flow
Taking steps to create a good foundation in the early days of your business is essential for a sustainable and profitable future.
It's rare these days that your prospective leads happen to find your construction business and become a client with no work. Your company has to grab people's attention, turn curious visitors into leads and then convert those leads into sales.
Keep in mind: Marketing-Accounting-Production
Read MoreTopics: Construction Marketing, Construction Bookkeeping And Accounting, MAP vs. PAM, Contractor Tips, Construction Productivity, Construction Organizational Change
Increasing Construction Company Profitability Through Better Practices
Posted by Sharie DeHart on Fri, May 05, 2023
Although we may be quicker at completing redundant tasks, more time is wasted managing all our different apps and technologies—and more of us live in a near-constant state of distraction.
An epidemic of distracted workers
Maintaining focus on the job is increasingly difficult in the era of social media, chat apps, games, and the ability to search for anything at any time—whether related to the task at hand or not.
Topics: Project Management, Construction Productivity, Construction Systems And Processes, Boost Construction Profitability