Outlook & Trends Archives - Page 2 of 22

How Technology is Transforming Construction Collections 0

By Claire Wilson, Siteline The construction industry has a persistent challenge: getting subcontractors paid on time. Sound familiar? Given that only 5% of trade contractors report always getting paid on time—with most waiting an average of 90 days to get paid—delayed payments are an all-too-common frustration. This challenge partially stems from where subcontractors sit in

Navigating the Construction Landscape: A Comprehensive 2025 Outlook 0

By Dan Doyon, Maxim Consulting Group As someone deeply engaged with the construction industry, I have witnessed firsthand how this sector continuously evolves, adapting to the relentless flow of technological, regulatory, and economic changes. Looking forward to 2025, subcontractors will find themselves navigating a landscape not only in the midst of economic recovery but also

The 2024 Election’s Impact on the Lame Duck Session and the 119th Congress!0
- CONSTRUCTION, Outlook & Trends
- November 26, 2024
Republicans have won the White House and control of the Congress. As of November 13, House Republicans have 218 votes, enough for a majority to the Democrats’ 208. Votes are still being counted in California, Alaska, Ohio and Oregon. In the Senate, Republicans have won 53 seats, the Pennsylvania Senate race will go to a
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Empowering Next Generation Construction 0
- EDUCATION, Improving Productivity, Outlook & Trends, WORKFORCE, Workforce & Professional Development
- September 24, 2024
By David Morton, Maxim Consulting Group Recruiting and retaining top talent in the construction industry continues to be one of the most stubborn challenges facing contractors today. The sector faces a high demand for skilled labor coupled with a notable shortage of qualified candidates. These issues are exacerbated by regional megaprojects that strain local labor
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New Year Forecasting 0
- LEGAL, Legally Speaking, Outlook & Trends
- September 24, 2024
By Karalynn Cromeens, Cromeens Law PLLC It’s hard to believe, but Q4 is just around the corner. You might be thinking, “Hey, it’s only September.” But let’s level set: budget meetings typically happen in October and you need to research before allocating budgets in the new year. Plus, as business owners, we have to sit
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