Industry Trends for Builders

Anyone who has spent time in the construction industry knows that construction mistakes are inevitable. Mistakes while building can be costly and major hassles, but mistakes on the business side can be even worse. Depending on the issue, the impact could range anywhere from being less profitable to going out of business, or even worse! To learn how you can avoid them, here are the top 5 mistakes that construction companies make.

As a builder, breaking ground on a new construction project can be both satisfying and nerve-wracking. From the beginning, you know you’ve done your best to plan ahead and ensure a smooth project however, in the back of your mind, you know that things can and often do go wrong. Some issues are minor and lead to headaches, but aren’t a big impact. Other issues can have a major effect on your project – and its profitability. Here are the top 5 reasons for cost overruns in construction management.

Many construction businesses and builders find themselves in the position to ask for a construction loan. In order to accurately decide how much to ask for when applying for a loan, a new construction loan assessment needs to be made prior to ensure all of your bases are covered.