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How to Position Your Company to Stand Out? - Internal preparation

As we indicated in the overview, the world of construction is seeing several radical changes because of advancement in technology, cut-throat competition, and varying trends.   If you want to stay ahead of the competition you must do it with better run businesses and do the things you hate. Before anything else, get whatever licenses and insurance are necessary for your business.   This is critical to the financial and legal future of your business; it is another way of marketing your intent to deliver value to your customer and it is a way to corner markets. It is said of any business that if you have the proper exit plan you can run your business better and more profitably because the goal has switched from short to long term. That thought process applies to how you expand the business. The best way to expand your business is to replicate the CEO in the field.   Buy the best talent to get the best production.   In line with that you must start running the company as a manager and
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How to Position Your Company to Stand Out? – Marketing.

  We have talked about core values and creating a business plan that is built around them. We have discussed the operations side of that. Here we will discuss the marketing of it. Where to start. o    Create a concise mission statement. o    Create a tagline that epitomizes the products impact and is used everywhere with your logo. o    Create a “30 second elevator speech” that everyone in the company uses which is consistent, clearly states what your company does based on that mission statement and leaves a lasting impression. o    Make sure your experience is discussed wherever it possible. o    Get a well implemented website – no website means you are not really in business.   Make sure there is constant adequate Local Search Engine Optimization (SEO) o    Take the positive picture given by your customers and make sure they are placed on your site and sites like Angie’s List or Yelp o    Publish stories in the local media showing, from the customers viewpoint, the po
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How to Position Your Company to Stand Out?

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 The company, as and whole, and the operations side of your business must deliver   Make sure the company has and everyone in the company knows the core values. Have a target market you are equipped to handle. Make sure a major part of the core values is delivering the best-in-class product and service. How you do your business matters. Create a business plan that is built around your company’s core values. Most importantly you must stick to it. In addition to that, pay close attention to the minor details such as your business logo, identity of your brand, the position of your business and how customers perceive it. It matters a lot in the long run. Everything about your company, product and process must say that you deliver Value. Also, it is important to justify the amount you charge for the services you offer. It is obvious that you will have more clients when you are charging a fair price for the value you deliver. The trick is to do comprehensive market research and offer
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How to Position Your Company to Stand Out?

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The world of construction is seeing several radical changes because of advancement in technology, cut-throat competition and varying trends. It can be difficult for a construction company to stand out but a little bit of planning can definitely help.   We are going to divide this into a few sections, This is the overview. Internal preparation   If a business is to differentiate itself from the competition the place to start is internal. Creating an image of your company that is recognizable has multiple elements    First is to establish the entity you that is easy to market - that image. Next is to tell your audience who you are. Before anything else, get whatever licenses and insurance are necessary for your business.   This is not only critical to the financial and legal future of your business but, it is another way of marketing your intent to deliver value to your customer. Make sure your processes are efficient and your software needs are met. The faster the producti
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What is the influence of BIM and Digital Takeoff on estimating?

  Technology is a boon and is now ruling almost every field making its impact felt in the positive sense. Use of technology goes a long way in making lengthy and complicated tasks easier.As the construction world has made use of digital tools, a drastic change can be seen in the way projects are handled. It has brought in a lot of difference in how estimation is carried out and how cost plans are made. The use estimating software, alone, has been able shorten the time allocated to each estimate with a positive impact on accuracy. In the past, 2D drawings were used by estimators but now there has been a move to 3D modeling. The shift to 3D modeling from 2D has been quite beneficial for engineers. It helps them find out the quantity of materials required really fast and with more accuracy for chalking out cost estimates. Let’s have a look at BIM first and then move towards digital takeoff. What is BIM? One step ahead of 3D modeling is BIM or Building Information Modeling. With BI
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Construction Contracts and Billing Methods that every Contractor should know about

  In the world of construction, contracts play a very important role. In fact, a construction contract legally binds the owner and the builder/contractor with regard to the amount of remuneration that will be given. The billing is then done based on the nature of the contract. While there are many kinds of construction contracts used and the corresponding billing types, some of them are used widely by professionals. Timer and Materials and Cost Plus contracts are used where there is great trust between the contractor and the client because each of these have the possibility for the contractor to overcharge.   Construction estimating software can that contains billing facility should be able to handle any of the following. 1) Fixed Price Contract Fixed price billing is done for lump sum or fixed price contracts. As per these types of contracts, there is a fixed price for all the construction work done. There are incentives when the project is completed before time and at the same
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What Can an Estimator do to Prevent Disputed Issues on Change Orders?

  As a construction contractor, one must be prepared for changes and additions during the construction of every building or structure. At times the changes and deviations can be due to some unanticipated reasons. However, the clear cut reality is that you will have to deal with change orders when you are in the construction business. It is therefore important for any construction contractor to be ready to face the disputes that would emerge along the change orders. At times they can turn into serious legal matters and get difficult to handle. However, one can always try and prevent the disputes related to change orders as an estimator. Now, the job of an estimator in a construction firm is to calculate how much labor, materials and equipment will be needed in order to complete a construction project. It must be noted that in this technologically advanced age this job can also be done by a construction estimating software . When software can carry out most tasks in almost every field,
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