Blog

Essential Strategies for Contractors to Stay Financially Afloat

Monday 6th November 2023
Andrea Cassidy

As a contractor, managing cash flow is a critical aspect of staying financially afloat. However, navigating the ups and downs of the construction industry can lead to a cash flow…

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Cash Flow Crunch: How to Tackle Common Cash Flow Issues in the Construction Industry

Monday 9th October 2023
Andrea Cassidy

Cash flow issues are a common challenge for businesses, but they can be particularly problematic in the construction industry. With large projects, long payment cycles, and high upfront costs, construction…

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The importance of leveraging technology in business

Wednesday 4th October 2023
Andrea Cassidy

In today's digital age, the importance of leveraging technology in business cannot be overstated. Technology has become an integral part of our lives, and it has transformed the way we…

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Tackling the Top Six Obstacles in the Construction Industry: Your Comprehensive Guide

Thursday 7th September 2023
Andrea Cassidy

Operating within the construction industry is not a venture for the faint of heart. The sector brims with challenges, with every project presenting a unique set of obstacles that call…

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7 Reasons Why Businesses Outsource Financial Functions

Tuesday 29th August 2023
Andrea Cassidy

When you're dreaming about scaling your business, the chances are that financial functions such as forecasting, reporting and submitting tax returns aren't at the forefront of your fantasies. However, as your…

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The Hidden Value of Accurate Costings: Unveiling the Importance of Budgeting in the Construction Industry

Monday 21st August 2023
Andrea Cassidy

In the highly competitive construction industry, accurate costings play a pivotal role in the success of any project. This is why budgeting is not to be taken lightly. The hidden…

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Resource Allocation in the Construction Industry: Finding the Right Balance

Tuesday 8th August 2023
Andrea Cassidy

In the fast-paced and ever-evolving world of construction, resource allocation is a crucial decision that can make or break a project. The age-old dilemma of whether to invest in equipment…

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How inflation can seriously affect the construction budget and 3 tips to prepare for it

Monday 31st July 2023
Andrea Cassidy

Inflation, an economic phenomenon that affects the purchasing power of money, can have a profound impact on construction budgets. As prices of materials and labour increase, unsuspecting project managers may…

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Building a Strong Foundation: Why Empathy and Compassion are Crucial Traits for Construction Industry Leaders

Monday 17th July 2023
Andrea Cassidy

In the fast-paced world of the construction industry, where deadlines loom and projects demand meticulous attention to detail, it is easy to overlook the importance of empathy and compassion. However,…

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From Nokia 3310 to iPhone: Digital Transformation in the Construction Industry

Monday 10th July 2023
Jon Richards

Remember the good old days when we spent hours playing Snake II on our Nokia 3310? It was the epitome of simplicity and durability. From its impressive battery life to…

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Overcoming Challenges and Building a Sustainable Future: Insights for the Isle of Man Construction Industry

Monday 3rd July 2023
Jon Richards

The Isle of Man Construction Industry plays a crucial role in the nation's economic development and societal progress. The latest data from IOM Government suggests the industry contributes 5% of…

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Catalysing Growth in the Construction Industry: How We Contribute to Adding Value and Building Success

Monday 26th June 2023
Andrea Cassidy

The construction industry is one of the most dynamic and essential sectors in the world. It is responsible for the creation of infrastructure, homes, commercial buildings, and public works that…

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