A buddy system for your business

A buddy system for your business

Taking part in mentor/peer programs By Ronald Coleman It is a cold and wet spring morning, and you have a tee-off time at 6:30 a.m.: 1. Your golf buddy has cancelled and you’re considering going on your own, or ...READ MORE
Little Things Mean a Lot

Little Things Mean a Lot

How do you care for your customers and employees? By Ronald Coleman “Small improvements in your business processes can generate measurable improvements in your profitability. Small improvements in relationships with your employees and your customers are the foundation of ...READ MORE
How to avoid costly hiring mistakes

How to avoid costly hiring mistakes

By Victoria Downing Did you know that employers pay, on average, $4,000 to recruit, hire and train a new employee? That’s a lot of money to be spent on a bad hire. Sometimes you may hire someone who can ...READ MORE
How does WCI affect the small employer?

How does WCI affect the small employer?

How does WCI affect the small employer? Workers compensation insurance regulations differ provincially and can vary depending on the number of employees. As a contractor or employee, you need to understand the rules, especially as your business grows, or ...READ MORE
Make tax time easier by having the right tools on your tool belt

Make tax time easier by having the right tools on your tool belt

By Ravinder Dhami As a skilled tradesperson, quality is your “trade” mark. You strive to be the best and take pride in your workmanship. You have the qualifications and the skills, but do you have the tools necessary to ...READ MORE
“GETTING THINGS DONE” FOR CONTRACTORS

“GETTING THINGS DONE” FOR CONTRACTORS

“You can’t do it all yourself.” That’s one of the topics we repeatedly return to in Builders Business, as we look at ways to improve your profitability as a pro builder. We have had a number of columns from ...READ MORE
Contractors: Never stop building your brand

Contractors: Never stop building your brand

By Mike Draper The most important thing to understand about branding is it’s not about getting your target client to choose you over another contractor. It’s about getting him or her to view you as the only one who ...READ MORE
Contractors, contracts and clauses – laying out the ground rules

Contractors, contracts and clauses – laying out the ground rules

By John Caulfield During its first few years in business, Construction ND, a seven-year-old residential and commercial contractor based in Terrebonne, Que., used contracts that, according to its president Neil Damackine, were little more than “loose agreements” with clients. ...READ MORE
Calculating Indirect Expenses

Calculating Indirect Expenses

By Judith Miller Understanding indirect expenses will greatly benefit your remodeling business. By pretending they don’t matter, you’re jeopardizing your remodeling company’s fiscal health. First things first – some definitions: FIELD LABOR BURDEN: all costs related to employees who ...READ MORE
SHOULD YOU BE IN A PARTNERSHIP?

SHOULD YOU BE IN A PARTNERSHIP?

Business partnerships are like marriages. They require hard work, dedication and, above all, compatibility. It’s a common scenario. A tradesperson makes the transition into general contracting: managing his own jobs, running the show. He bids, he lowballs, he wins. ...READ MORE