The construction business is built on a foundation of partnerships that, if nurtured correctly, can turn into profitable projects. Before stepping foot onto your next job site, if you’re a subcontractor or an owner, your work starts with attracting and maintaining strong relationships with general contractors. By understanding their unique needs and challenges, you can position your business as a valuable partner, helping GCs thrive in their respective fields.

If you’re feeling the pinch from the competitive and crowded construction field, we can all agree that a bit of preparation and thoughtful strategy will go a long way. According to the Bureau of Labor Statistics, only 36% of construction businesses last ten years or more.

A new age of construction is here, involving things that sound straight out of a sci-fi movie. With construction workers used to ‘doing it all,’ using robots or AI during the preconstruction planning process or on-site may feel unnatural.

Though Artificial Intelligence (AI) is making huge strides in preconstruction, it’s also appearing in other construction areas, such as performance and safety improvements.

Construction estimating is one of the most challenging, yet important jobs in our industry. Profits are won or lost based on how accurate your construction estimates are and how closely they match your final project costs. Chances are one wrong estimate on a construction project that loses money won’t put you out of business, but a couple of unprofitable projects may have you closing the doors for good. Here’s a look at some of the most common construction estimating mistakes and how to prevent them.

Artificial intelligence (AI) is transforming the construction industry. As we enter a new era of construction technology, it’s important to understand what Artificial Intelligence (AI) is and how it offers unique solutions to enhance the productivity and performance of construction professionals. Let’s examine how artificial intelligence is redefining the construction industry.

Artificial intelligence (AI) is the silent partner in preconstruction you probably never thought you needed. Now that AI has landed, it’s time to think of ways to introduce this technology to your process.

Companies that meet the criteria of a disadvantaged business enterprise (DBE) are highly sought after on government bidding sites. When trying to stay competitive and profitable as a DBE, it is advantageous to go after these types of contracts; if not, you could leave money on the table. Especially when working in larger markets, where inclusion is a priority, your chances of being selected increase significantly if you qualify as a DBE.

Expand Your Network, Grow Your Profit

We’ve all heard the saying, “It’s not always about what you know but who you know.” As a trade contractor, in an unpredictable economy, it may make more sense to say,” It’s always about what you know and who you know.”