Prioritize Goal Planning in Your Construction Business
- Yvonne Root
- Dec 30, 2025
- 3 min read
“The key is not to prioritize what’s on your schedule, but to schedule your priorities.” – Stephen Covey.
The Linchpin for Goal Planning
Goal planning in your construction business begins with understanding that the linchpin to the development of goals is the financial aspect, the numbers.
When your accounts are easily accessible, clean, and up to date, then growth, profitability, enhanced operational efficiency, and improved customer satisfaction stop feeling like hit-or-miss guesswork and start looking like a PLAN.
How Will it End?
Goal planning in your construction business may be easier to approach when you start with the overall end goal in mind. Yes, “How will it end?” is a vital question to answer.
There are four basic alternatives:
Legacy – pass down to your children or grandchildren
Sell – sell your business as a going concern
Job over – close the door — liquidate the business and sell the assets
File for bankruptcy
Okay, let’s admit it, the last option isn’t pretty and one for which (just guessing here) no one plans.
Once you’ve determined how you want your business to end, you can choose further goals that lead to that destination.
How Will it Grow and Profit?
Goal planning in your construction business involves managing growth and profit. How will you grow your business? Goal planning in your construction business must consider the growth path that leads to improved profits.
The growth path includes:
Measurable targets
Detailed action items
Timeline and milestones
Resource Allocations
Metrics to track performance and guide decision-making
And this is where the financial aspect, the numbers, come into play. The items listed below are all tools your accounting and advisory team helps you utilize in developing your growth path.
Financial analysis and forecasting
Performance measurement and analysis
Cost management and optimization
Risk management and mitigation
Operational efficiency
How Will Operational Efficiency Be Improved?
Operational efficiency and goal planning in your construction business must walk hand in hand. Many construction companies face numerous operational inefficiencies. While we don’t recommend trying to make plans to improve all of them at once, we do suggest tackling one or two at a time. Here are a few worth considering:
Improve planning and scheduling
Enhance pre-project planning
Implement digital documentation
Improve material management
Use construction management software
Adopt innovative technologies (think drones, sensors, PPE, and AI)
Minimize waste
Reduce idle time
Improve communication
The idea is to determine what is needed. Consider what the best outcome will be: is it to streamline workflows, reduce errors, improve deliverables, enhance work enjoyment, or free up time for more strategic, high-value activities?
Goal Planning In Your Construction Business
Knowing where to spend your goal planning time (where to prioritize) need not be difficult. Determining the what, when, where, and how of goal planning in your construction business begins with why. The answer we most often hear is, “because it hurts.” Or, “If I don’t get this straightened out, it is going to cause trouble.”
The Final Word On Goal Planning
“Life does not consist in achieving your goals but in fulfilling your promises.” – Dale Ralph Davis. Mr. Davis immediately follows the above quote with these words, “That (previous) sentence is only cold print. But watch it; it's dynamite. Handle with care.”
We agree!
Ambitious Construction Contractors look to The Profit Constructors to provide advocacy in dealing with:
Clients and customers
Employees and subcontractors
Vendors and service providers
Governmental entities
Working with The Profit Constructors gives Construction Contractors the means to organize their operations in ways that help them:
Remain informed
Avoid hassles
Reduce risks
Be future-ready
Ready for action? Or want to know more? Get in touch today to schedule a complimentary discovery call. 866-629-7735
