Getting Your Construction Company Ready for Company
Updated: Jun 23, 2020
You know the story. Company’s coming – we need to get this place straightened up!
Truth is, when guests are on their way, getting the “stuff” picked up isn’t much of a problem if there are already systems and routines in place. If like-items are stored in appropriate use-ready places, if each family member knows what his assignment is, if the place is simply cluttered as opposed to being in a state of filth, you can probably nail it in less than an hour.
But, what if your home is in a “state of filth?” What if you have company coming in only an hour?
Is your construction business ready for “company?”
Put another way – Do you have an exit plan? Are you preparing now for that day? Because you know as well as I do, some day “company” will arrive – will you be ready?
There are some construction contracting or service businesses which could be ready for company at the drop of a hat and others which wouldn’t be ready no matter how much notice they were given.
The process of getting your business “ready for company” necessitates the business practices and procedures that maximize the return from your construction contracting firm.
Let’s talk basics
You’ll have to implement best practices for construction business planning which at the very least includes:
A solid plan means you will have created operations manuals or their equivalent, and will have at minimum one training center. You’ll be able to document and implement your industry’s best practices, procedures, and systems.
Let’s talk about your job
There are two major jobs you, the owner, need to concern yourself with and they are – creating career opportunities for your team and building a company that runs without you. Perhaps the greatest task you’ll face is to make yourself DISPENSABLE.
Let’s talk business financials
Knowing your exit plan will have you looking at your business financials in a whole new light. A few of the things you’ll see with better clarity are:
Having a budget in place
Understanding your accountability to employees
Determining to increase revenue, manage costs, and direct overhead spending
Organizing and measuring your rise to more profit
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