As a former contractor, manufacturer and now basically an owner’s representative on most projects, I’d like to share a relatively simple formula that will handle this issue for 90 percent of your projects.
Tag: Small Business
10 Simple Ways to Efficiently Grow Your Company
Growing your business on limited resources can seem daunting or nearly impossible, but it is achievable over time with hard work and a clear plan of action. Adding employees can be a tough idea to grasp, when considering additional payroll and human resources.
Decorative Surface Solutions Group is First Buying Group for Flooring Industry
Suppose your little decorative concrete flooring business suddenly could make deals as if it were a coast-to-coast firm?
Making and Keeping Great Decorative Concrete Workers in an Employee Drought
In desperation we post employment opportunities on social media sites, in local newspapers and on online job listing pages. We even purchase radio spots, hoping to pick up the one or two rock-star employees left looking for new employment. But the reality is, there truly is a labor shortage out there.
Accurate Project Records Today Get You Work Tomorrow
Some things in life a person can bluff their way through but, unfortunately, decorative concrete is not one. When a previous customer called asking to add more decorative stamping, I learned the hard way. She loved the work previously installed, and now wanted to add a pool deck to match, right down to the colors and pattern. No problem, right? Wrong.
7 Strategies for Managing Working Capital in a Concrete Business
When business is slow and credit is tight, you must do all you can do to preserve working capital, also referred to as operating capital. It’s an important financial metric calculated as current assets minus current liabilities. It’s the difference between the money you’ve been paid and the cash you owe.
How to Keep Punch Lists from Pulverizing Your Profits
A “punch list” is the final review of a project. It is usually completed by the project architect and is most often completed after the project has reached a milestone called “substantial completion.” And for a decorative concrete contractor, the punch list is probably the single largest money-losing piece of a project.
Giving Your Concrete Business the Flexibility it Needs to Thrive
In the free enterprise system, competition selects out businesses that don’t adapt to change or events they can’t plan on. To thrive within this system, your decorative concrete business must maintain a high degree of flexibility.
Two Types of Business Competitors and How to Beat Them Both
Close your eyes. Think of your business. Imagine you operate in a world without competitors. Imagine you’re the only one that customers can hire to install decorative concrete. Visualize yourself winning bid after bid without anything or anyone to stand in your way. Now, open your eyes. Welcome back to reality.
Harnessing the Advantages of Your Small Company
A leader with a vision and a visionary leader are not the same. It is not enough to simply have a vision and convey the vision to a group of people. You must be emotionally intelligent to understand how to emotionally convey a vision.
Small companiess are better equipped to be successful in this way and its time to harness it.
Recent
Popular
Consider Clean-and-seal as an Alternative Finish for Interior Concrete Floors
Consider an Overlayment’s Tensile and Flexural Strength
Choosing the Right Concrete Sealer Depends on the Job
Self-Leveling Concrete Compound Can Provide a Shortcut to a Sharp Look
Whiskey Themed Kitchen with Barrels and a Concrete Countertop