Not a New Idea, but A New Trend – Employee Stock Ownership Plans
- Documentation
- February 27, 2024
By Jack Rubinger No one ever said that documentation is the most fun part of business, but documentation and clear communications separate the amateurs from the professionals. Even a job as simple and straightforward as a roof repair can be botched when follow-up documents are misleading, filled with industry jargon or are slow in their
READ MOREBy Benjamin S. Lowenthal, Hendrick, Phillips, Salzman & Siegel, P.C Construction contracting is a high-risk business. For subcontractors, work is performed and the cost of such performance is essentially incurred on an “extended credit” basis – subcontractors do the work first and then get paid (or hope to get paid). A Subcontractor’s economic viability depends
READ MOREby Mark A Cobb, Cobb Law Group The success of a construction claim is almost always based upon the quality of the documentation provided. Documentation, in this sense, is generally written, photographic, or recorded evidence that supports a subcontractor’s claim. Conversely, proper documentation may be very successful in defeating a claim against another project participant.
READ MOREby Mark Marone and Robert Graves Key Insights In a rapidly evolving business environment, a customer-centered purpose provides everyone with a true north to enact change orders effortlessly. Customer focus gives people a stable grounding as they navigate toward their objectives, even in the midst of uncertainty and unpredictability. When employees have a shared purpose
READ MOREBy Patricia Cuomo, Fonn, Inc. Construction as a Growth Engine Despite a prolonged economic downturn marked by redundancies, instability and the COVID-19 pandemic, the construction industry has been one of the main engines of growth in recent years. Globally, the construction market is expected to grow by approximately 70% by 20251. However, not unlike the
READ MOREAn evaluation of REAL project planning that is more than checking boxes By Gregg M. Schoppman, FMI All organizations are busy. Most likely the understatement of the last decade but a true definition epitomizes the state of the industry. Even in the deepest recessionary market, rarely are construction firms sitting idly with little to do.
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