While business may be great now, have you considered the importance of marketing your Construction or Trade business for the future? Here are 4 efficient techniques that will create the consistency to kickstart your marketing strategy when you’ll really need it.
The U.S. homeownership rate remained unchanged from the previous quarter at 65.4% in the first quarter of 2022, while the homeowner vacancy rate decreased to a record low, according to the Census Bureau’s Housing Vacancy Survey. According to the NAHB, recent entries in the survey no longer include COVID-induced data collection restrictions, and, in the short-term, some year-over-year comparisons will be skewed.
Construction and Trade Companies haven’t been quick to adopt new technologies for enhancing management processes. Hesitancy to move away from paper-based workflow processes means losing out on more business by not optimizing operations and transitioning to digital workflows. In this SBGP Exclusive Infographic we will explore why it is essential for your Construction or Trade Company to leverage digital technologies, fast-track routine tasks, and streamline business processes.
Are you ready to grow your business and take on more jobs &clients? Are you financially where you believe you should be? Are your company’s finances balanced at all? Don’t get overwhelmed –financial performance benchmarking can help you answer all of these questions. Essentially, benchmarking is the process of comparing a business’s current financial performance with its past performance, industry standards, and the processes, operations, and financial state of other top performers in the industry.
Do you know who will take over your construction company when you retire? If not, it’s time to begin thinking about your company’s succession plan. This plan is more than a vague idea of who will take over when you’re ready to step down—it’s a plan that ensures your company can continue without interruption if you or any of your top managers were to unexpectedly leave the business or have to take an extended leave of absence.
In this SBGP Exclusive Infographic we will discuss 7 critical steps to help your Construction or Trade Company alleviate some of the fallout from future incidents involving the global supply chain. These interruptions started at the very beginning of the pandemic are still with us and compounding every step of the way.
Self-care as a leadership discipline is as important now as it has ever been. At the time of writing this we are in the midst of fighting the Covid-19 pandemic which has disrupted the way we live, work and socialize. It is precisely where these three areas overlap that we need strong leadership right now more than ever.
As we move deeper into 2022, we continue to see that it is not a sellers market or a buyers market, but a builders market. Homebuilders are experiencing their biggest rally in 15 years and with our housing shortage, it doesn’t appear to be ending soon. Now, more than ever, it’s critical for your construction or trade company to adopt a culture of efficiency to manage demand. One of the best ways to start this is by automating your documents if you haven’t already. Here are the top four reasons why automating your documentation process can make your business better.