Built to Build: Blog
Construction Business Tools, Tips & Techniques
Key Performance Indicators (KPIs) for Your Construction Business
Ever feel like construction projects are more like juggling chainsaws on a unicycle in a blindfold? You’re not alone. The chaos of schedules, budgets, and unforeseen hiccups can make even the most seasoned builder want to quit. But there’s a simple way to predict the success of your construction business:…
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Labor Rate for Construction – How much to charge?
When it comes to running a successful construction business, determining the right labor rate can make or break your profitability. Charge too little and you may attract clients at the expense of your own bottom line. Charge too much and you risk pricing yourself out of the competition. It’s…
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RESIDENTIAL CONSTRUCTION PROJECT SCHEDULE TEMPLATE
Managing and producing a construction project schedule is a task that many construction business owners find challenging. It requires a balance between accuracy for the short term and flexibility for the long term. One effective way to ensure your team and customers are on the same page is to communicate…
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How to Estimate a Construction Project with Subcontractors
As a general contractor, estimating construction projects accurately is key to running a successful business. However, the process can be overwhelming and time-consuming. It’s especially frustrating when you’re waiting on subcontractors to provide pricing information, causing delays and inefficiencies in your sales funnel. Luckily, there’s a way to streamline the…
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STOP GUESSING AT YOUR PRICE: HOW TO GROW A PROFITABLE CONSTRUCTION BUSINESS
MOST CONTRACTORS DON’T UNDERSTAND THE BUSINESS SIDE OF THEIR CONSTRUCTION BUSINESS Most builders start construction businesses for two reasons: They love to build things and they want freedom. Maybe you want the freedom to make your own schedule, or the freedom to produce your own high-quality projects. And let’s not…
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HOW TO USE PROFITS IN YOUR CONSTRUCTION BUSINESS
MOST CONSTRUCTION BUSINESS OWNERS ARE NOT PROFITABLE Most construction business owners aren’t charging enough for their work, which limits their profits and their ability to grow. Without profits you will either go out of business, or you’ll stay afloat by not paying yourself what you should. Both of these situations…
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HOW TO AVOID THE BIGGEST MISTAKE CONSTRUCTION BUSINESS OWNERS MAKE
YOU CAN’T DO IT ALL YOURSELF Most construction business owners make the mistake of thinking they have to be THE expert in the business to grow the business. Making this mistake creates stress and frustration for you because you will spend all your time answering questions and reacting to day-to-day…
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TIPS & STRATEGIES FOR CONSTRUCTION BUSINESS OWNERS
Watch or listen to episode 63 of the AFT Construction Podcast. Shawn shares insights on: How to hire experts How to build a company culture Marketing Lump sum versus cost-plus Establishing trust with your clients
HOW TO EFFECTIVELY MANAGE YOUR TIME WITHOUT DOING MORE WORK
The Built to Build Academy’s® Effective Time Management Session was rated one of the top 10 most popular IBSx Education Sessions for two years in a row. This nationally recognized session made the Top 10 for a reason. Most construction business owners struggle finding enough time to get everything done.…
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SIGN UP FOR JOBBER PROFESSIONAL DEVELOPMENT DAY
If you’re ready to excel in leadership, better your team culture, and set up repeatable systems for growth, then register for the Jobber Professional Development Day. It is a one-day event of expert and actionable advice for construction business owners on March 24, 2021. And it’s 100% free and online.…
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WHY YOU SHOULD STOP TRYING TO GROW YOUR BUSINESS (DO THIS INSTEAD)
MOST CONSTRUCTION BUSINESS OWNERS ARE STUCK When you started your construction business, you didn’t set out to become an unpaid employee in a profitless business. You didn’t start your construction business so you could do a lot of paperwork, argue with strangers about the price of your estimates, and lose…
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STREAMLINE YOUR BUSINESS WITH THIS SIMPLE DIAGRAM
MOST CONSTRUCTION BUSINESSES AREN’T BALANCED You sell a product or service for money. That’s where your business starts. SALES. If you aren’t able to deliver value to your customers and make a profit, then your business is out of balance. Construction businesses, as well as businesses in general, must stay…
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HOW TO HIRE THE RIGHT EMPLOYEES FOR YOUR CONSTRUCTION BUSINESS
If you’re having trouble finding the right employees for your construction business, then you’re probably looking for them as opposed to attracting them. Without a systematic way to attract, prequalify, and indoctrinate your next best employee, your construction business is going to suffer. You’ll waste time interviewing multiple candidates who…
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HOW TO ORGANIZE YOUR CONSTRUCTION BUSINESS FOR SUCCESS
As soon as you read the words ‘organizational chart,’ your brain conjures up an image of some complex flowchart in the back of an employee handbook. You’ll think, “I don’t really need one of those for my construction business,” especially if you own a small business. But, you would be…
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HOW TO CREATE ENGAGED EMPLOYEES FOR YOUR CONSTRUCTION BUSINESS
Most of your employees are not engaged in the work they do. Sure, they show up and put in their time, but they have little to no passion about the job itself. They also suck the energy out of your business. If you’ve ever wanted to increase productivity, decrease turnover,…
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HOW TO BE CONSIDERED AN EXPERT IN YOUR PROFESSION
In this episode of the Profit First Professionals – Grow My Accounting Practice Podcast – Shawn joins the Profit First OG – Mike Michalowicz and the co-founder of Profit First Professionals, Ron Saharyan to discuss niche specialization, how not to launch a book, and the two things you need to…
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HOW TO REVERSE ENGINEER YOUR MARKETING PLAN
YOUR BUSINESS STARTS HERE Many construction business owners don’t have a marketing plan for their business. They don’t know where to start. Start with your Profit and Loss Statement (P&L) and reverse engineer your marketing plan from there. (Read this article: THE #1 RULE YOU NEED TO HACK YOUR PROFIT…
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HOW TO REVERSE ENGINEER THE PROJECT START DATE
CUSTOMERS ALWAYS ASK THIS QUESTION You’ve talked about the budget with your potential customer, and they have agreed to pay you for the planning and estimating work. (What?!!! You’re giving this work away for free? Stop. Get this free sales training program.) The next question customers always ask is, “When…
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HOW TO DELIVER BAD NEWS TO CUSTOMERS
NO ONE LIKES DELIVERING BAD NEWS You probably remember the last time you had to call a customer and deliver bad news. It sucks. Not just for you, but for the customer, too. The pain of disappointing your customers is compounded when you wait until the last minute to contact…
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HERE IS THE SIMPLEST WAY TO GUARANTEE A PROFIT FOR YOUR CONSTRUCTION BUSINESS
YOU MUST MAKE A PROFIT The goal of every business is to make a profit. If that statement makes you feel uneasy, check out this diagram to see what your construction business SHOULDN’T be. If you don’t identify the opportunities that generate a profit, you’ll be out of business. …
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THIS IS WHY A MORNING ROUTINE WILL CHANGE YOUR LIFE
BECOME MORE PRODUCTIVE BY DOING LESS We all have the same number of hours in a day. But why is it that some people seem to get more done or be more effective than others? This was a question I struggled with for a long time, so I started researching…
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HERE’S WHAT IS NEW AT SHAWNVANDYKE.COM
WELCOME TO THE NEW AND IMPROVED SVD Now it is easier than ever for you to find the business tools you need, apply for a program in the Build to Build Academy®, or book me for a speaking gig. DROP IN ON THE CONVERSATION: NEW PODCAST PAGE And, after being asked…
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HOW TO DEAL WITH MATERIAL SHORTAGES AND PRICE INCREASES
RISING MATERIAL PRICES & SHUTDOWNS CAUSE DELAYS FOR CONSTRUCTION PROJECTS Lumber prices are higher than they have been since 2018, according to NAHB. In fact, the Random Lengths Framing Composite Price is up 50% since April 2020. Higher prices for construction materials, combined with the shutdown of manufacturing plants and…
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THE SECRETS OF THE BEST HOME IMPROVEMENT LEADERS
In Episode 12 of the Builtby Podcast, Shawn shares some of his proven tactics to turn managers and owners into true home improvement leaders. Listen and learn: Shawn’s experience in the industry and engineering that helped him become a better business manager. The proven five-step process that Shawn used –…
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HOW (AND WHY) TO SELL YOUR VALUE, NOT YOUR PRICE
FREE ESTIMATES ARE NOT FREE Most construction business owners spend countless hours estimating, scheduling, and planning projects for people who never intend to actually buy. All those hours spent chasing clients add up. Free estimates are not free at all. That time costs in other areas of your business. You…
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