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When valuing a business, most people think straightforwardly about profits. While financial success is undoubtedly critical, it's far from the only factor determining a business's actual worth. Understanding valuation complexities can offer small business owners and entrepreneurs a clear roadmap for sustainable growth and long-term success. While financial metrics are undoubtedly important, they do not provide a complete picture of a construction company's worth.
Our annual Generational Marketing webinar, packed with fresh COGNITION Smart Data insights, provides invaluable data to help you understand what todaysand tomorrowshomebuyers truly want. Lake City, Colo. — In a free webinar on February 19 , Green Builder Media CEO Sara Gutterman will share detailed insights from COGNITION Smart Data, offering actionable advice on how to meet the preferences of Boomers, Gen Xers, Millennials, and Gen Zsand prepare for the upcoming demands of Gen Alpha.
The Construction Industry Training Board (CITB) has said the number of people starting construction apprenticeships needs to triple to plug labour shortages. In a report, the CITB says that the 2023/24 education year saw 33,000 construction apprenticeship starts, an improvement since the pandemic but still… The post CITB says threefold increase in apprenticeship starts needed appeared first on Construction News.
Construction firms embracing AI are outperforming the competition. This exclusive guide unpacks the impact of AI-driven analytics, automation, and predictive insights on project management, risk reduction, and workforce transformation. Discover how AI enhances real-time decision-making, optimizes labor and materials, and ensures projects stay on schedule and budget.
Image: www.investregional.nsw.gov.au/ Road resurfacing at Kiewa Street in Manildra, New South Wales will deliver safer journeys for all motorists driving on the main street of the town. Transport for NSW will remove and replace the existing road surface right through the centre of town, starting on the western side of the Mandagery Creek Bridge and stretching to 50 metres west of the intersection with Boree Street.
Contractors rushed to buy materials before potential tariffs could go into effect, pushing prices higher. More hikes could lie ahead, according to construction trade associations.
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Contractors rushed to buy materials before potential tariffs could go into effect, pushing prices higher. More hikes could lie ahead, according to construction trade associations.
The global water softening systems market is experiencing robust growth, fueled by the increasing prevalence of hard water and the rising demand for efficient water treatment solutions. Hard water, known for its negative impact on plumbing, appliances, and skin, is driving widespread adoption of water softeners across residential, commercial, and industrial sectors.
The need for a healthier, greener environment is becoming more prevalent with each passing day. Construction waste currently represents about one-half of all waste generated in the UK, and only about 80% of that is going into clean-fill. Commercial waste is no longer a short-term problem that requires a short-term solution. With a lack of […] The post How to Manage Construction Waste Effectively first appeared on Civil Engineer Blog.
Waste to Wealth: Transforming Recycled Materials into High-Performance Concrete Additives Explore how recycling waste into concrete additives is reshaping sustainable construction with cost savings, improved durability, and reduced environmental impact. The post Waste to Wealth: Transforming Recycled Materials into High-Performance Concrete Additives appeared first on ConstructionPlacements.
Construction projects are high-stakes operations where even minor inefficiencies can lead to costly delays, safety concerns, and budget overruns. Managing risk in construction has always been a challenge, but as projects grow in complexity, traditional methods no longer cut it. Enter Digital Transformation - a game changer approach that replaces inefficiency with AI-powered analytics, real-time monitoring, and automated workflows to proactively manage risk.
The new community, which offers 362 luxury apartment homes and modern amenities, marked its grand opening with a ribbon-cutting celebration FORT WORTH — Toll Brothers Apartment Living , the rental subsidiary of Toll Brothers, Inc. (NYSE: TOL), the nation’s leading builder of luxury homes, in partnership with Equity Residential, is pleased to announce the grand opening of The Sadie , a premier mid-rise apartment community in Fort Worth, Texas.
The firm responsible for M&E work during Grenfell Tower's refurbishment has filed for administration. The move means that Birmingham-based M&E contractor J.S.Wright & Co, which became an employee-owned trust in 2021, is set to stop trading after 135 years. The firm was appointed by Grenfells… The post Grenfell M&E contractor poised to enter administration appeared first on Construction News.
Great British Nuclear (GBN) has confirmed that the winners of its small modular reactor (SMR) competition will still be announced around the time of the Spending Review on 11 June 2025, despite reports that it would take place on 26 March at the Spring Statement. The post Great British Nuclear competition winners announcement still around Spending Review appeared first on New Civil Engineer.
The council will hold its next public hearing for the standards Feb. 14, where it will discuss the results of the comment period that ended in January.
Join this insightful webinar with industry expert Abdi Ali, who will discuss the challenges that can arise from managing lease accounting with spreadsheets! He will share real-world examples of errors, compliance issues, and risks that may be present within your spreadsheets. Learn how these tools, while useful, can sometimes lead to inefficiencies that affect your time, resources, and peace of mind.
When searching for construction software to help run your business cost should not be your ultimate concern because the old adage is true – you really do get what you pay for. Just as you wouldn’t hire a high school kid to do your accounting because you could get him cheap, you also shouldn’t pick […] The post Free Construction Software first appeared on Civil Engineer Blog.
Tilbury Douglas is to deliver a 100m emergency department and critical care unit in Dorset. The contractor announced yesterday (12 February) that it will begin constructing the new facility at Dorset County Hospital in Dorchester this spring, once enabling works have finished. It expects to… The post Tilbury Douglas picked for 100m Dorset hospital emergency unit appeared first on Construction News.
Users can see and benefit from real-time data to improve their operation. Images: Komatsu. Komatsu is ahead of the curve when it comes to Smart Construction and Intelligent Machine Control (IMC), changing the way projects are designed, planned, and executed. James Muir General Manager Smart Construction explains whats next for the company in this exciting space.
Contractors expect activity to pick up over the next six months amid renewed confidence since the presidential election, according to Associated Builders and Contractors.
Grow Leads & Visibility! Contractors need more than word-of-mouth. A strong website boosts visibility, draws in leads, showcases skills, and enhances your credibility. Learn how a quality site, that is easy to manage, can set you apart from the competition, and help can take your construction business to the next level. Marketpath is a leading provider of high-quality website solutions tailored for contractors and the construction industry.
Construction input prices increased 1.4% in January compared to the previous month, according to an Associated Builders and Contractors’ analysis of U.S. Bureau of Labor Statistics Producer Price Index data. Nonresidential construction input prices increased 0.9% for the month. Overall construction input prices are 1.3% higher than a year ago, while nonresidential construction input prices are 0.7% higher.
The Department for Business and Trade has named former Mace executive-turned-MP Mike Reader as its business champion for construction. The Labour representative for Northampton South said he will host a series of events in Westminster to hear from the industry. Reader was elected last summer… The post Ex-Mace MP appointed construction champion appeared first on Construction News.
You’re thinking about flooring improvement yet remain uncertain about selecting the appropriate material. The choice of flooring material has the power to transform your space for better or worse. The abundance of available flooring choices including traditional hardwood and modern luxury vinyl makes selecting the best option difficult. Market research data predicts the UK floor covering market will reach USD 2.59 billion by 2025.
The legislation from Rep. Andy Biggs will not move forward, an employment lawyer told Construction Dive, but other new policies could affect the federal safety agency.
Construction firms are battling rising material costs. Inflation, supply chain issues, and contractual constraints are squeezing margins and disrupting schedules. This guide delivers actionable strategies to help you secure pricing, optimize procurement, and manage contracts effectively. Learn how to use technology, streamline operations, and minimize waste to keep your projects profitable.
Columbia, NC Skanska, a leading global construction and development firm, has been awarded a $450 million contract to build a new fixed-span, high-rise bridge that will replace the current 2.8-mile-long Lindsay C. Warren Bridge over the Alligator River, connecting Tyrrell and Dare counties in North Carolina. The North Carolina Department of Transportation bridge replacement project represents a significant infrastructure upgrade that will enhance access to the Outer Banks and improve hurricane
Heathrow Airports boss has announced a multibillion-pound plan to build new infrastructure while laying the groundwork for its long-proposed third runway. In a speech this morning (12 February) at British Steels plant in Scunthorpe, Heathrow chief executive Thomas Woldbye also signed the UK Steel Charter.… The post Heathrow commits to using UK steel in multibillion-pound expansion plan appeared first on Construction News.
Getting into a car accident is the kind of moment that can leave anyone feeling rattled, even if its just a minor fender bender. One second, everything is normalthen suddenly, theres the screech of tires, the crunch of metal, and an instant flood of adrenaline. Its easy to feel overwhelmed but knowing exactly what to do can make all the difference in protecting both legal rights and financial interests.
Speaker: Donna Laquidara-Carr, PhD, LEED AP, Industry Insights Research Director at Dodge Construction Network
In today’s construction market, owners, construction managers, and contractors must navigate increasing challenges, from cost management to project delays. Fortunately, digital tools now offer valuable insights to help mitigate these risks. However, the sheer volume of tools and the complexity of leveraging their data effectively can be daunting. That’s where data-driven construction comes in.
Modular steel structure will keep area communities connected throughout the six-month project Lydney, Gloucestershire, United Kingdom Acrow Bridge , a leading international bridge engineering and supply company, has announced one of its modular steel bridges has been installed on Craigo Road in the village of Craigo, Montrose, Scotland, during a Network Rail project to replace the bridge over the railway line between Dundee and Aberdeen.
The Science and Technology Facilities Council (STFC) is searching for a contractor to lead its 1.8bn estate overhaul, featuring new office space, labs and infrastructure upgrades around the country. In a prior information notice published on Thursday (6 February), the arms-length government body said it… The post Science agency seeks contractor for 1.8bn estate overhaul appeared first on Construction News.
AI is being aggressively rolled out in a wide range of industries from Healthcare to Banking to Retail, but the EPC sector seems reluctant to join in. That reluctance, in many cases, stems from widely held misconceptions and myths about AI in the context of EPC project management. In this series we’ll be leveraging our experience of consulting with EPC organizations around the world, and with project control teams, to dispel some of the most popular myths.
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