Top 10 For 2010 – In Construction of Course

I have a new year’s resolution. I resolve to not rip on the authority of the business world and specifically construction organizations. And I will also lay-off the d-bag bankers and other greedy manipulators that have been spending the past decade hoarding money while screwing the….OK, OK, I’m done – seriously. It’s a new year, in fact, it’s a new decade, and we’re going to let bygones be bygones. We never hold grudges in the construction industry – right?Anyway, I’m going to list the top ten things to be optimistic or happy about at the onset of a year that will kick off a decade that has to be better than the last. At a time when it is difficult to muster up much optimism, I’m going to do my damnedest.10. The recession is over! Well, technically. Of course this won’t turn into real things like jobs and money, but at least it’s a start.9. This is the bottom for unemployment. I wish I could give some statistical information that shows decreasing unemployment (for construction) or even slowing increasing unemployment in the AEC industry, but unfortunately, as far as I can tell, I can’t. So as far as employment goes, we just have to realize that it can’t get any worse. Even though I don’t have substantial evidence to prove that this is bottom, it is. Trust me. I can feel it in my bones.8. The world’s tallest building, the Burj Dubai in the United Arab Emirates is open for business despite severe vacancy and financial problems. You should go check it out.7. Actually after further review, I found that McGraw-Hill construction forecast is predicting construction starts to increase by 11% in 2010.6. This is a great time to build. If you have money or the access to it, you should certainly put it to work because construction is cheap, cheap, cheap, and we are poor, poor, poor.5. This is a great time to hire. If your company has work and you’re able to grow, you have access to some of the best construction talent ever to wait in line at the unemployment office.4. Building Information Modeling technology will continue to boom moving the industry in a more integrated and collaborative direction. Don’t worry, there will still be some good arguments.3. The low hanging fruit of the construction industry is most likely picked off, and no longer in business. This could actually be a good thing for increasing the quality of design and construction firms as the economy continues to improve.2. For what it’s worth, Bank of America has pledged to increase lending to small and medium sized businesses by at least $5 billion in 2010 and the rest of the banks better follow suit. You can’t get government bailout and then sit on the money. I would think that banks are not making money if they are not lending, so they better start. If they don’t, I would count on a little “intervention”, if you know what I mean.And the number 1 thing to look forward to in the construction industry for 2010…..1. Green, green, green, green, green. That’s right, the green revolution is in full force, and the AEC industry is right in the thick of it. Green building has increased exponentially recently and it will continue to do so through 2o1o and beyond. Not only are we getting energy savings, more natural daylight, improved air quality, green jobs, and a slew of other benefits from building green, but we are also curbing global carbon emissions that are contributing to global warming and posing a catastrophic threat to humanity.Happy New Year!

Florida Construction Bonds and What to Know

If you’re a construction company in the state of Florida, construction bonding will be required so that you can legally operate within the state. Additionally, the right types of bonding will help to protect you in the case of unforeseen events. Here, you’ll learn some important facts about Florida construction bonds so you can take the right steps, make sure you’re in compliance, and always have what you need.Construction bonds are utilized as an assurance that the construction company completes the specified work and lives up to its obligations. It is a requirement for obtaining professional licensure. While it is in some ways similar to insurance, it’s not the same. Rather, it’s a type of surety, or guarantee.The Florida Construction Industry Licensing Board has a requirement of a $100,000 bond in most cases. However, this figure could change and may depend on your specific circumstances, so don’t make any assumptions.Also, keep in mind that your needs for bonding and insurance don’t necessarily end there. For one thing, the specifics for construction companies and contractors of different specialties may all vary from one another.For instance, the Florida Department of Business and Professional Regulation lists dozens of different licensing classifications in these industries alone. Each classification may have its own different requirements, so it’s important that you take the time to learn exactly what you need for yourself and your company.Their official website is available at MyFloridaLicense.com/DBPR/, and they have all of the specific information available to be accessed there.Florida construction bonds may also be utilized in place of credit reports in certain instances. In other words, it shows your financial accountability so that you can obtain your license, or satisfy the needs of certain partners or clients.Finally, keep in mind that there are also bid bonds, which are also known as contract bonds, performance bonds, or performance and payment bonds. As you’re bidding on a project, this type of bond ensures the company sticks to the price they bid, and also successfully completes the project per the original specifications.Builder’s risk, or liability insurance, is another important type of protection for construction companies.It’s always best to work with a professional who has the experience and expertise to not only get you a great deal on your bonding and insurance, but also make sure you’re in full legal compliance, and you’re never caught off guard and never leave anything uncovered.So whether you’re new to the industry or you’re looking to be better prepared and fully informed moving ahead, then get started with a team who can help you find the ideal type of protection and the right Florida construction bonds to match your needs.

Branding Your Construction Business

In uncertain economic times, anyone planning a new construction business should make sure they get started on the right foot by developing a branding strategy to help sell themselves and their services. A professional graphic designer can be of great help here in getting you set up with a good quality business card, logo and letterhead.Let’s take a look at your logo design, one of the key elements in branding your company. The right logo can really define you as a professional, and make you stand out from your competition, so it pays to have some ideas in your head early on. Your logo will be the first impression of your business that your customers get when looking at your business card so it should convey something about your business – both the fact that you are in construction, and the values that are important to you. The obvious choice for a graphic logo is a tool or piece of equipment related to construction. But think outside the box, and away from the dodgy clip art of the 90s. A silhouette, cutout, or even just some elements from a piece of equipment might be enough to brand you as being in construction – leaving a lot of room for your designer to convey other information about your business and your values.Color is also an important element. Think about what feeling you are going to give by the use of different colors, and balance this with the need to catch attention – but not be garish. Sometimes a bright color can work very well if it is matched with simple design elements so that your business card is not too busy, for example. At other times, it might be better to use more quiet, calm colors – this really depends on your knowledge of what your local market is looking for and expecting. Of course it is up to you whether you decide to challenge or conform to those expectations!Whatever design you settle on, always remember that your branding is critical in allowing you to be seen as a professional in the same league as the major corporations. There are two kinds of small businesses – those that are around to put in the minimum to make money, and those that care about the quality and professionalism of everything they do. Which way would you rather be perceived?