As a small business construction owner, one of the things that could cause you the most trouble is payroll. In fact, according to Zenefits, 82 million employees in the United States are affected by payroll problems. If you find that you’re having trouble paying your employees the appropriate amount or on-time, there are a few
As a small business owner looking to grow your company, every penny matters. You should be paying careful attention to your cash flow, which is vital to your construction business. Cash flow provides a clear look at the financial health of your company. Below, you’ll find everything you need to know. How To Determine Cash
Even if you hire the best construction workers, keeping them busy could easily result in fatigue, both physically and mentally. Studies have found that worker fatigue has a severe impact on their physical and cognitive abilities. As a construction manager, it’s imperative that you make efforts to reduce fatigue among your employees. Doing so can
As a small business owner, you may have been set in your ways for a long time. If you've recently decided that it’s time to move your business into the 21st century, you may be noticing some employee resistance and pushback. Your employees are probably stuck in their ways and used to doing things a
Fraud is one of the biggest issues that plagues the construction industry. A 2017 Kroll report found that more than 80 percent of those in the construction sector were victims of fraud at least once during the prior 12 months. Fraud in the construction industry could end up costing businesses tens of thousands of dollars,
As a small business owner in the construction industry, you likely operate within a limited budget. You do not have much time or money available at your disposal, which means every step of the construction process is critical. As you are well aware, mistakes could prove to be detrimental to a project. You’ll have to
Project delays are a big problem in the construction industry. Recent information from KPMG found that a mere quarter of projects came within ten percent of their original deadlines within the last three years. Unfortunately, delays in the construction industry could prove incredibly costly. As a small business owner, project delays could end up causing
Your employees likely spend a large portion of the day outside working under the hot sun. Doing so could jeopardize your employee’s health significantly. According to the Centers for Disease Control, “heat-related deaths are one of the deadliest weather-related health outcomes in the United States.” Furthermore, skin cancer continues to be the most common form
When working on a construction site, safety should be of the utmost concern. According to the United States Department of Labor, more than 20 percent of worker fatalities in private industries occurred in the construction industry. OSHA further indicates that employers in the United States pay nearly $1 billion per week in direct workers’ compensation
As a small business owner, one of the most significant problems you will likely face is holding your employees accountable. With so many employees spread across job sites, it could be challenging to ensure that all of your employees are: • Present physically at a job site• Present when they claim to be• Working on