Michael Stone on August 28th, 2008

Got a call recently from a contractor with a wee bit of a legal problem. It seems he got involved with a homeowner that kept adding stuff to a job, then when they got a bill for the extras, the homeowner decided the price was too high and they weren’t going to pay it.
So the [...]

Continue reading: Arbitration on a Construction Project

Devon on August 27th, 2008

One of the most common requests we receive is information on how to estimate a construction job. To meet that need, Michael Stone will present two 75-minute free online classes in September on the fundamentals of estimating.
In these two classes, planned as the first in a series of classes on construction estimating, he will cover [...]

Continue reading: Construction Estimating

Michael Stone on August 26th, 2008

Many contractors are experiencing a lower dollar volume of business. That means less money coming in the door to pay overhead, so the smart contractors have cut back on overhead spending.
If you are in that boat, have you prepared your employees for the fact that bonuses (if any) may be reduced or completely eliminated this [...]

Continue reading: Reducing Overhead means Fewer Parties

Michael Stone on August 22nd, 2008

I heard from a contractor recently who is dealing with a hostile owner who vents via email. Not in person, mind you, just in writing. That is not acceptable behavior from anyone, and you don’t have to accept it.
In your contracts (every contract, regardless of the size) add language that lets them know you will [...]

Continue reading: Deal with Issues Face-to-Face

Michael Stone on August 20th, 2008

In his most recent newsletter, Joe Gracia talks about the “10 Money-Making Elements for Your Marketing Pieces”. Joe outlines any number of mistakes that most businesses make when they try to advertise their businesses.
One of those mistakes is believing that graphics and pretty pictures sell you and your company. Joe says they don’t. He says [...]

Continue reading: Market Your Construction Business

Michael Stone on August 15th, 2008

Join us for a free online seminar the evening of Thursday, August 21, when Michael Benedict, Market Opportunity Director for Deluxe Corporation, shares his knowledge and experience in marketing. With a focus on low cost, easy to implement marketing tactics, Michael will walk through a discussion of why marketing is important, and provide ideas specifically [...]

Continue reading: Marketing Ideas for your Construction Company

Michael Stone on August 14th, 2008

We are rapidly running out of 2008. That means the holiday season is around the corner. For those of you who are looking for a way to boost your annual revenue, have you considered holiday decorating for your customers?
Now is the best time to get trained on how to design, sell and install holiday decorations. [...]

Continue reading: Boost Your Annual Revenue

Michael Stone on August 11th, 2008

Last weekend, my hunting partner and I traveled to a 7000-acre hunting ranch, located north of Walla Walla in eastern Washington. We changed out an old, tired furnace and air conditioning unit in a double wide mobile home and installed a new heat pump system. The whole job took us just under 8 hours. The [...]

Continue reading: The Joy of Air Conditioning