Download Managing the profitable construction business : the by Murdough, John M.; Schleifer, Thomas C.; Sullivan, Kenneth T PDF

By Murdough, John M.; Schleifer, Thomas C.; Sullivan, Kenneth T

Take keep an eye on of your development contracting company and deal with it during the ordinary highs and lows of the development market.

Learn from a group of development company veterans led through Thomas C. Schleifer, who's regularly known as a development company "turnaround" specialist end result of the variety of building businesses he has rescued from monetary misery. His monetary acumen, mixed along with his sensible, hands-on adventure, has made him a sought-after deepest advisor. His adventure and no-nonsense philosophy have really given him a special viewpoint. very important subject matters coated include:

  • Understanding the first parts of building enterprise failure within the subsequent decade
  • Minimizing company chance with real-world examples
  • Developing a good and useful administration perspective and strategy

detect how you can maneuver via this advanced and dicy by utilizing the authors' learn and confirmed luck options to maintain and develop your enterprise

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Managing the profitable construction business : the contractor's guide to success and survival strategies

Take keep an eye on of your development contracting company and deal with it during the average highs and lows of the development industry. examine from a crew of building enterprise veterans led via Thomas C. Schleifer, who's generally known as a development company "turnaround" professional a result of variety of development businesses he has rescued from monetary misery.

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Additional info for Managing the profitable construction business : the contractor's guide to success and survival strategies

Sample text

Profitability b. Continued work c. Futures success d. The best employees 2. What are common risks for a construction organization? a. Increase in project size b. Unfamiliarity with geographic area c. Moving into new types of work d. All of the above 3. The fact that in the construction business a company’s owner(s) and its top manager(s) are usually one and the same creates what? a. A comfortable situation b. A friendly working environment c. A unique management problem d. None of the above 4. The formation of a board of directors or advisors does what?

This is not a board in name only, or one that meets for dinner occasionally, nor should it be made up entirely of family members or insiders. A board of directors or advisors represents the owners’ or stockholders’ interest and is particularly useful where the owners and management are the same people. Just doing what seems to make sense in the day-to-day management of the business may not in fact be good for the company in the long run, and an active board helps keep a company on track. 1 An Active Board of Directors Helps Keep a Company on Track.

1 Management must be skilled at recognizing the change occurring or the symptoms. 2 OBJECTIVES OF THIS BOOK The good news is that, while the risks are many, they can be dealt with and managed with a proper plan. In Part 1, the primary areas of greatest risk to contractors are identified and analyzed regarding the impact they have and could have on companies. In Part 2, a holistic model is presented that considers accounting and strategic decisions regarding the entire delivery process and business practice of contractors in the pursuit of success.

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