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Tips on how to recession proof your construction company

Construction site, recession proof

Tips on how to recession proof your construction company Everyone talks about the recession. We are now facing a banking crisis; interest rates are rising, and things don’t look good. But look at the bright side. This is the time when great leaders will guide their companies through this storm and strive. Those who will […]

7 reasons why most of the construction projects and contractors fail

7 reasons why most of the construction projects and contractors fail

7 reasons why most of the construction projects and contractors fail Construction is a critical industry that is essential for building and maintaining infrastructure. However, it is also an industry that is plagued by a high rate of failure. According to research, approximately 20% of construction companies fail within their first year of operation, and […]

ESUB alternative for small contractors and subcontractors​

ESUB alternative for small contractors and subcontractors​ ESUB is well known and has been in the market for more than 20 years; they recently passed the mark of 1,000 customers. PlanUpPro is one of the alternatives to ESUB, especially for small contractors and subcontractors. Let’s see what the main differences are compared to ESUB. What […]

How to find and select right subcontractor for your construction project

How to find and select right contractor

So often, contractors hire subcontractors, who then jeopardize their schedule and budget. They promise to deliver something in one month, and after three months, you still see them and are forced to deal with them. Large general contractors like Skanska have their own database of subcontractors. They have their own techniques for quality control and […]

Signs when your client or general contractor might go bankrupt

Signs when your client or general contractor might go bankrupt

General contractors very rarely go bankrupt, but still, from time to time, some of them do. Usually at higher risk are those general contractors whose company age is around 20 years +/- 5 years. Because at that age, companies are having management changes. Those who started the company are giving control to new management, and […]

Understanding the Reasons Behind Delayed Payments in Construction Industry

Understanding the reasons why clients refuse to pay

Let’s model a common situation in the construction industry: you have fulfilled your part of construction site work. And you think everything has been done on time. There are no claims from your client, but you still haven’t received the final payment from him. Or maybe there are some problems, but you think they are […]

Things to avoid when starting a small construction business

things to avoid when starting new construction company

It is easy to start but challenging and tough to maintain if you are starting a new small construction company. In this article, we will mainly focus on trades contractors, specialty contractors and carpentry. Looking at general contractors is a completely different topic as these kinds of businesses need a lot of money and involvement […]

Why construction projects go over their budget

why construction projects go over budget

What research says Everyone talks about efficiency: productions are getting better every year, one-day deliveries are becoming the new normal and 60 inch TVs are breaking records for selling as cheaply as possible. But why does nothing of this happen in construction? According to McKinsey research, 98% of projects incur cost overruns or delays; the […]