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Construction Business Management

Author: Nick B. Ganaway

Publisher: Routledge

Published: 2007-06-01

Total Pages: 209

ISBN-13: 1136414878

Only 43 per cent of U.S. construction firms remain in business after four years. Why? Inadequate management, according to the U.S. Small Business Administration. This is surprising because most construction firms are formed by ambitious construction project managers, executives and tradesmen who have excelled at what they have been doing. But as experienced as these entrepreneurs may be, they are not likely prepared to take on the full range of responsibilities forced on them in managing the business of construction in its entirety. While this business failure rate and its causes are based on U.S. experience, available data from a number of other industrialized countries shows they are similar. This book describes in detail what the business side of the construction equation requires of the construction firm owner. The contractor who quickly learns these requirements can identify and avoid or manage around the pitfalls that cause the high failure rate in our industry and put his or her construction firm on a level playing field with the best-run companies in the business. The detailed duties of the owner, whether in the U.S., U.K., Australia or Canada, are a common theme throughout the book. The author, Nick Ganaway, speaks peer-to-peer, and the book is sprinkled with supporting examples from his own experience. He is immersed in the industry and this book is "based on the things I've learned, used, and refined as a light-commercial general contractor in the course of starting and operating my own construction firm for 25 years." The contractor doing $5 million or $50 million or more in annual sales or the equivalent amount in other countries, or the entrepreneur who is just starting up, can use the tried and proven material in this book to build a business that is profitable, enjoyable, and enduring. Additionally, the book devotes a chapter to specializing in chain-store construction.

Construction Business Management

Author: Nick B. Ganaway

Publisher: RSMeans

Published: 2006-10-06

Total Pages: 0

ISBN-13: 9780876298251

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Less than half of construction firms are still in business after four years. Make sure your company thrives with essential – and very readable – guidance from a pro with 25 years’ success. Find out what it takes to build all aspects of a business that’s profitable, enjoyable, and enduring. Here are just a few of the things you’ll learn from this book: The duties of the owner of a successful construction business Essential terms and conditions to include and exclude in contracts Commandments to follow to ensure you’re paid what you're owed, including step-by-step change-order procedures to avoid disputes and non-payment Strict dos and don'ts of mechanics’ liens – including when an owner goes bankrupt What must be done administratively before breaking ground on every project How to select, hire, and keep “golden” employees Effective marketing even the smallest contractor can afford How to identify the accountants, lawyers, and insurance agents that are right for you The what, when, where, and why of licensing and registration The advantages of specializing, including the opportunities in chain store construction Whether you’re a contractor, a key employee, a subcontractor, a student, or a facility executive, you’ll find many ideas you can immediately add to your management and leadership toolbox. Adopting even a single one of them will pay dividends now and throughout your career.

Managing the Profitable Construction Business

Author: Thomas C. Schleifer

Publisher: John Wiley & Sons

Published: 2014-02-21

Total Pages: 395

ISBN-13: 1118837134

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Take control of your construction contracting business and manage it through the natural highs and lows of the construction market. Learn from a team of construction business veterans led by Thomas C. Schleifer, who is commonly referred to as a construction business "turnaround" expert due to the number of construction companies he has rescued from financial distress. His financial acumen, combined with his practical, hands-on experience, has made him a sought-after private consultant. His experience and no-nonsense philosophy have truly given him a unique perspective. Important topics covered include: Understanding the primary areas of construction business failure in the next decade Minimizing business risk with real-world examples Developing a positive and competent management attitude and strategy Discover how to maneuver through this complicated and risky industry by using the authors' research and proven success strategies to sustain and grow your business.

Construction Contracting

Author: Richard H. Clough

Publisher: John Wiley & Sons

Published: 2015-03-04

Total Pages: 688

ISBN-13: 1119019974

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The definitive contracting reference for the construction industry, updated and expanded Construction Contracting, the industry's leading professional reference for five decades, has been updated to reflect current practices, business methods, management techniques, codes, and regulations. A cornerstone of the construction library, this text presents the hard-to-find information essential to successfully managing a construction company, applicable to building, heavy civil, high-tech, and industrial construction endeavors alike. A wealth of coverage on the basics of owning a construction business provides readers with a useful "checkup" on the state of their company, and in-depth exploration of the logistics, scheduling, administration, and legal aspects relevant to construction provide valuable guidance on important facets of the business operations. This updated edition contains new coverage of modern delivery methods, technology, and project management. The field of construction contracting comprises the entire set of skills, knowledge, and conceptual tools needed to successfully own or manage a construction company, as well as to undertake any actual project. This book gives readers complete, up-to-date information in all of these areas, with expert guidance toward best practices. Learn techniques for accurate cost estimating and effective bidding Understand construction contracts, surety bonds, and insurance Explore project time and cost management, with safety considerations Examine relevant labor law and labor relations techniques Between codes, standards, laws, and regulations, the construction industry presents many different areas with which the manager needs to be up to date, on top of actually doing the day-to-day running of the business. This book provides it all under one cover – for the project side and the business side, Construction Contracting is a complete working resource in the field or office.

Residential Construction Management

Author: Joseph A. Griffin

Publisher: J. Ross Publishing

Published: 2010-03-15

Total Pages: 289

ISBN-13: 1604270225

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Residential Construction Management will provide construction managers a concise and practical guide to managing residential construction projects. One of the fundamental reasons residential contractors fail to prosper is that they are poor managers. By presenting project management tools in their appropriate context of the project lifecycle—initiation, planning, execution, monitoring and controlling, and closing, readers will more clearly understand the iterative nature of construction management, which is a key to successfully managing a construction project. You can't afford to be without this indispensible working tool and its step-by-step instructions, project management templates, and real-world case studies. Residential Construction Management provides construction managers a concise and practical guide to managing residential construction projects. One of the fundamental reasons residential contractors fail to prosper is that they are poor managers. By presenting project management tools in their appropriate context of the project lifecycle — initiation, planning, execution, monitoring and controlling, and closing — you will more clearly understand the true nature of construction management, which is a key to successfully managing a construction project. You can't afford to be without this indispensible working tool and its step-by-step instructions, project management templates, and real world case studies.Key Features ¦ Walks you through the entire project management lifecycle resulting in a better understanding of the iterative processes of construction management ¦ Offers the information and real world tools needed to successfully apply to a planned or current project ¦ Shows how various knowledge areas and project management tools interact when doing a project providing you with the knowledge to create your own project plan ¦ Offers a downloadable building specification form, change order authorization form, construction schedule, sample budget, construction flowchart, a guide to working with bankers for spec home loans, and much more — available from the Web Added Value™ Download Resource Center at www.jrosspub.com

Construction Project Management

Author: Alison Dykstra

Publisher: Kirshner Publishing Company

Published: 2018

Total Pages: 426

ISBN-13:

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Construction Project Management provides the reader with crucial background information often overlooked in other texts: The roles of the major players owners and designers, general and specialty contractors; Why contractors should avoid some jobs, and how to get the right ones; What bidding is, and why the low bid is not always the best bid; Why different types of construction contracts carry different levels of risk; Why cost estimates and schedules are keys to project success; How a contractor brings in a job on time and on budget; And much more: Alternative project delivery and BIM; Change orders and getting paid; MasterFormat; ConsensusDocs and AIA Documents; An expanded and updated introduction to Green Construction.

Construction Business Development

Author: Christopher Preece

Publisher: Routledge

Published: 2007-03-30

Total Pages: 216

ISBN-13: 1136414940

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Construction Business Development is the first book to provide an insight into business development strategies, tools and techniques in construction. This edited text combines academic research with the broad industrial experience of construction business development professionals and marketing consultants. It uses illustrations and case studies in addressing current and future challenges and opportunities in a highly competitive business environment. This practical book will help construction managers learn how to turn clients into loyal customers.

General Contractor

Author: Pete Schauer

Publisher: Cavendish Square Publishing, LLC

Published: 2015-12-15

Total Pages: 112

ISBN-13: 1502609797

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General contractors oversee the day-to-day operations on a construction site, making sure the work is done safely, correctly, and cost effectively. Discover what it takes to work in this challenging field in General Contractor.

Financial Management and Accounting Fundamentals for Construction

Author: Daniel W. Halpin

Publisher: John Wiley & Sons

Published: 2011-09-09

Total Pages: 320

ISBN-13: 1118174275

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TECHNOLOGY/ENGINEERING/CIVIL SUCCESSFUL FINANCIAL MANAGEMENT IN THE CONSTRUCTION INDUSTRY BEGINS WITH THIS HANDS-ON GUIDE While construction professionals are skilled in the technical side of their work, they often find the financial management aspect of the business daunting. Financial Management and Accounting Fundamentals for Construction will help you better understand and navigate the financial decisions that are part of every construction project. This book is a compact summary of the basic financial skills that a construction professional must have to be successful in the management of a construction company and its projects. Its topics address many of the questions that any construction administrator will face, such as: How to organize and use a company's financial reports What amount of cash must be made available to the contractor to complete a project Why the early payment of supplier invoices can enhance profitability How to quantify the time value of money in financial decisions What tax amount is owed by a company and how it impacts the bottom line How to control project costs What financial sources are available to a construction contractor for capital expansion In this text, you will learn about accounting fundamentals, project-related financial matters, and company level financial issues—three factors that are key to your career success. An ideal reference for students of construction management and engineering, as well as professionals who need a quick refresher when dealing with cost control analysis and other financial issues, this text also offers: Easy-to-understand coverage of financial concepts specific to the construction industry, including business taxation, project control, engineering economy, and financial forecasting Numerous worked examples, plus end-of-chapter review questions and exercises Helpful appendices that present the structure of a typical chart of accounts, the flow of transactions through a construction accounting system, and tables required for computing interest and the time value of money

Construction Management

Author: Jason G Smith

Publisher: CRC Press

Published: 2009-11-18

Total Pages: 423

ISBN-13: 1439858489

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A single mistake, whether made during the bidding process or when executing a construction project, can potentially cost tens of thousands of dollars or more. Of course, the sooner mistakes are caught, the less costly they become. Based on the authors' combined experience working on projects large and small, Construction Management: Subcontractor S