February 2024

What to Know About Bond Liability Before Selling Your Company

ccapoccia — Thu, 14 Mar 2024 15:00:00 +0000

What to Know About Bond Liability Before Selling Your Company ccapoccia Thu, 03/14/2024 - 10:00

Contractors selling their business may learn the hard way that not all liability can be easily transferred. Learn some steps that can help mitigate these risks.

Profit Starts With Knowing Your Numbers

ccapoccia — Mon, 11 Mar 2024 15:15:41 +0000

Profit Starts With Knowing Your Numbers ccapoccia Mon, 03/11/2024 - 10:15

The key to building a successful construction business: knowing and managing your numbers. You can’t bid projects right unless you know your job costs, production rates, actual overhead and profit goal. You can’t stay on budget unless you know, update and track your job costs on a regular basis during the performance of building a project.

5 Critical Clauses Contractors Should Know

ccapoccia — Thu, 07 Mar 2024 14:31:43 +0000

5 Critical Clauses Contractors Should Know ccapoccia Thu, 03/07/2024 - 08:31

In this second installment on the allocation of risk between general contractors and developers in construction contracts, we’ll explore five critical general contract clauses contractors should know.

Reconstructing a Career

ccapoccia — Mon, 04 Mar 2024 14:36:36 +0000

Reconstructing a Career ccapoccia Mon, 03/04/2024 - 08:36

By now, business leaders are familiar with the labor shortage plaguing the construction industry. In addition, staffs have a gender imbalance: the National Association of Women in Construction (NAWIC) reports that women constitute just 9.9% of the construction workforce. While organizations work to attract students to the industry, Suffolk Construction gained an asset from an unexpected place: the legal field.

Selling Your Business in the Long Haul

ccapoccia — Thu, 29 Feb 2024 15:07:11 +0000

Selling Your Business in the Long Haul ccapoccia Thu, 02/29/2024 - 09:07

How to navigate a prolonged company sale and extended due diligence.

Finding the Best Machine for Your Fleet

ccapoccia — Thu, 29 Feb 2024 15:00:57 +0000

Finding the Best Machine for Your Fleet ccapoccia Thu, 02/29/2024 - 09:00

Boom lifts, or cherry pickers, give you the reach necessary to complete difficult indoor and outdoor tasks safely at height — even extreme height. But how do you choose between electric, hybrid and engine-powered? Which one is right for you?

3 Risks of Using AI in Construction

ccapoccia — Mon, 26 Feb 2024 14:30:22 +0000

3 Risks of Using AI in Construction ccapoccia Mon, 02/26/2024 - 08:30

The use of artificial intelligence is growing on construction jobsites. But without proper management, contractors won't make a return on their investment. Learn about three big AI risks and how to avoid them.

Examining Phantom Stock

ccapoccia — Mon, 26 Feb 2024 14:22:40 +0000

Examining Phantom Stock ccapoccia Mon, 02/26/2024 - 08:22

How phantom stock, a contract between a company and recipients of phantom shares, affects a company's bottom line.

Confronting the ‘Arranged Marriage’ of Business Partnerships

ccapoccia — Wed, 21 Feb 2024 23:37:39 +0000

Confronting the ‘Arranged Marriage’ of Business Partnerships ccapoccia Wed, 02/21/2024 - 17:37

All relationships, whether business or personal, require “maintenance” for ensured long-term success.

Take Full Advantage of Equipment Telematics

ccapoccia — Wed, 21 Feb 2024 21:50:28 +0000

Take Full Advantage of Equipment Telematics ccapoccia Wed, 02/21/2024 - 15:50

Today’s compact equipment is intelligent, capable of providing owners, fleet managers and machine operators with vital information that can help them manage their businesses more efficiently, increase jobsite productivity and avoid unnecessary downtime. Discover how to use telematics to optimize your business.