Issue 8 of 9: Industry Trends

Construction Ownership Transition Issue 8 of 9: The Construction Industry is Seeing Large Shifts With Several Interrelated Trends.

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How well the company is positioned to leverage these trends will have a huge impact on valuation and the ability to generate the cash required for the transaction.  

Succession: Ownership Transition Issues - Number 8 Industry Trends. Focusing on Project Deliver Methods, Technology, Geographic Expansion, and Talent Shortage.

Contractors that are poorly prepared for these trends will find lower valuations and fewer exit options. They are also likely having significant problems attracting and retaining talent, which is in limited supply as the best talent is attracted to the teams that will win tomorrow.  

Consider our Executive Briefing to prepare your team.


Issue 8 of 9: Industry Trends
Continue building value in your business, yourself and your key team members with a good succession strategy....

Issue 8 of 9: Industry Trends
Continue building value in your business, yourself and your key team members with a good succession strategy....

Cash Flow Tip 2 - Winning and Building the Right Mix and Velocity of Projects
It seems obvious but the first thing you must do is consistently build projects that meet or exceed your budgeted profit expectations.
Climbing the Mountain - Continuous Improvement
Growing a contracting business is like climbing a mountain. Just plan the next 10 feet, set an anchor, and get the whole team up to that level. Repeat a few hundred times. Gotta love being on the mountain; not just being at the summit.
Cash Flow Tip 16 - 5/10/15 Collection Process
Use the 5/10/15 Collection Process to ensure faster payments. Don’t let the marginal gains achieved so far with Cash Flow Tips 1-15 get squandered by poor collection practices.