My Use of Social Media

My Use of Social Media

Thanks to several social media tools, I have been able to stay connected with increased frequency than before web 2.0.  A couple of years ago we started using several  of these  and the effectiveness of helping with relationships has been very encouraging.  I can count on a brief exchange with someone due to my blog [Read More]

Looking for ways to help out in the community? A few suggestions.

Looking for ways to help out in the community? A few suggestions.

Last week we finished our United Way campaign in the city but it was not without a real push by its leadership and the United Way. Someone said that while the economy is cyclical, community needs are constant. I have been thinking of some ways that small businesses can give back to the community that [Read More]

Microfinance, helping people across the globe ”one small loan” at a time.

Microfinance, helping people across the globe ”one small loan” at a time.

My oldest daughter, Chappell, an economics major at Sewanee, spent this summer learning about microfinance lending; first in Bangladesh with the Grameen Bank and Dr. Muhammad Yunus. Then several more weeks in the Dominican Republic working with the Esperanza Bank (Bank of Hope) making micro loans. Microfinance is a movement whose object is “a world [Read More]

The Healing Process

The Healing Process

As our work takes me throughout the southeast, I continue to see optimistic signs that commercial markets are on the upswing. Increases for everyone Retail occupancy is improving, apartment rental rates are starting to increase and we are feeling more buzz around our office. More phone calls for opportunities.  While these steps might be small, [Read More]

If Bank Credit is hard to get these days then Surety Credit is a real close second

If Bank Credit is hard to get these days then Surety Credit is a real close second

While I think our economy continues to heal from what we are seeing the next 12 to 18 months will see more failures of the weak in commercial real estate and the construction industry.  2012 will be a tough year on the sureties and surety credit will even be harder to obtain over the next [Read More]

A Case Study in Adaptability

A Case Study in Adaptability

In these economic times, the fledging days of our business come to mind often. I learned a lot from my experiences. Hopefully, the account I share here can save you some time and trouble… In 1984, our very first customer had just raised $30 million dollars through an IPO and we were going to build [Read More]

Think Long Term: Build Strong Subcontractor Relationships

Over the years, I have seen building contractors take unfair advantage of subcontractors. I’ve seen subs abused, used and in some cases driven out of business. To me, this isn’t the way to approach construction or life, particularly in these tough economic times. It’s all about helping each other get through the downturn so we [Read More]

Are Unnecessary General and Administrative Costs Whittling Your Profits?

As a construction company navigating our way through these hard economic times, we are devoting much time to seeking out the right opportunities. Many of us are in the same boat, looking for work that has reasonable profits. On the cost side of our operations—overhead—we’re fortunate to have a forward thinking CFO who keeps me [Read More]