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“The most successful businesses were far more likely to offer the latest products and services, using the newest technology.”
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“The most successful businesses were far more likely to offer the latest products and services, using the newest technology.”
Businesses strive to show their customers that they’re different – better – than the competition. Without good business processes, however, you can’t be better than your competition, and you will lose customers.
In addition to securing and organizing contracts, the success of heavy construction businesses relies on a continuous flow of meaningful data to monitor the financial and operational efficiency of multiple projects. Ideally, the right software tracks expenses and determines the profitability of projects.
Companies need to do whatever it takes to stand out in today’s noisy marketplace. If your operations aren’t functioning at a high level, it’s all too easy for a potential client to move on to the company whose operations are functioning at a high level.
As a growing HVAC contractor, you juggle many programs and applications to handle a wide variety of business functions – accounting, hiring, tracking inventory, and the like. You also try to control costs, but with the increase in business it’s getting more difficult to monitor multiple projects. Updates on financials come to you without the benefit of real-time data. Consequently, some projects are on hold until inventory arrives, change orders are updated, etc.
The HVAC mechanical work will be extensive on the bid you just won at the build-out on an existing plant near Ft. McMurray. It will also require a new field manager to oversee the workflow.
You just spent a lot of time and energy on a recent – complicated – HVAC installation at a building site that you were hoping would open up a lot of future business in the Alberta area.
Transitions are a fact of life – the only thing constant is change. This is true in business as well as in our personal lives, but so many of us struggle with letting go of the past and embracing new beginnings. Perhaps we fear losing what we have, or perhaps we fear making a wrong decision when facing the unknown.
As noted on the Natural Resources Canada website, there are “...over 825,000 kilometers of transmission, gathering, and distribution lines in Canada, [and with] most provinces having significant pipeline infrastructure, a huge portion are federally regulated.”
Construction projects and change orders are an inevitable duo. No matter how far along in the project you are, and no matter how big or small the change order is, any change can impede the project’s duration and will add expenses.