Mastering the construction startup : a business infrastructure guide

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Title:

Author:

Ganaway, Nick B., author.

ISBN:

9781394292356

9781394292332

Physical Description:

1 online resource

Contents:

Cover -- Title Page -- Copyright -- Acknowledgments -- Author's Disclaimer -- About the Author -- Contents -- Preface -- Introduction -- Part 1 The Contractor -- Chapter 1: Entrepreneurial Characteristics -- It's Not Easy -- Your Dual Role as Owner and Manager of Your Company -- Passion for Your New Baby Is Good, but... -- Chapter 2: Company Culture -- Chapter 3: Elements of Leadership -- Vision and Strategic Direction -- Emotional Intelligence -- Communication Skills -- Adaptability and Resilience -- Integrity and Ethical Leadership -- Team Development and Empowerment

Part 2: Regulatory Matters -- Chapter 4: Business and Government Regulations -- Incorporating Your Company -- Registration in Other States -- Registered Agent -- Professional Licensing -- Municipal Business Licensing and Permitting -- Corporations and LLCs -- The LLC -- The S Corporation -- The C Corporation -- Sole Proprietorship -- Partnership -- Partnership Agreement -- Establishing Your Corporate Entity -- Choosing the Name for Your Company -- Part 3: Getting It Done -- Chapter 5: The General Contractor -- The Owner-Contractor Relationship -- Managing Risk -- Construction Type

Union or Nonunion -- Managing the Common Causes of Contractor Failure -- Increase in Project Size -- Changing Your Geographic Area -- Change in Key Personnel -- Taking on a New Type of Construction -- Lack of Management Maturity -- Task Dependency Software -- Construction Document Software -- Construction Bookkeeping Software -- Awareness of the Economy and Other Business Threats and Opportunities -- Negotiation -- Proactively Manage Budgets -- Demand High Quality -- Cultivate Relationships -- Meet the Schedule -- Stakeholder Communication -- Human Resource Management -- Trust -- Marketing

Chapter 6: Subcontractor Management -- Effective Subcontract Documents -- Trust -- Prequalification of Subcontractors -- Subcontractor Proposal and Scope of Work -- Notice to Proceed Precaution -- Official Notice -- Inspection of the Subcontractor Work -- Topographical Site Survey -- Differing Conditions -- Independent Contractor Versus Payroll Employee -- IRS Regulations for Independent Contractors -- Managing Change Orders -- Effective Change Order Procedures -- Chapter 7: Construction Disputes -- Design Defects -- Workmanship Defects -- Negligence -- Changes in Scope -- Changes in the Work

Contract Terms and Conditions -- Payment -- Methods of Dispute Resolution -- Negotiation -- Mediation -- Arbitration -- Chapter 8: Project Delay -- Causes for Delay -- Be Prepared -- Chapter 9: Contracts and Agreements -- What Is a Contract -- The Value of a Written Agreement -- Types of Construction Contracts -- Lump-sum Contract -- Unit Price Contract -- Cost-plus Contract -- Incentive Contract -- Design-Build Contract -- Getting Paid -- Example Lawsuit -- Part 4: Resources -- Chapter 10: Lawyers -- Construction Industry Lawyer -- General Practice or Business Lawyer -- Employment Lawyer

Abstract:

EQUIPS STARTUP CONTRACTORS WITH THE TOOLS TO BUILD RESILIENT INFRASTRUCTURE IN THE CONSTRUCTION INDUSTRY For construction professionals starting their businesses, success depends on more than just skill and dedication. Mastering the Construction Startup provides an essential master plan for creating the foundational infrastructure every contractor needs to achieve sustainable growth and upon which every strategic decision will be made. Written by industry expert Nick B. Ganaway, this real-world guide details how to strategically align people, systems, and processes with business goals to proactively address risks, reduce errors, and build lasting operational resilience. Grounded in decades of general contracting experience and research, each concise and accessible chapter breaks down the key components of sustainable success, such as identifying elements of a solid legal and financial base, establishing relationships with essential professionals, and creating a culture that attracts and retains the best talent. Throughout the book, Ganaway, often engaging directly with the reader, offers expert insights on everything from the role of the contractor to elements of leadership to advantages of niche contracting. Mastering the Construction Startup empowers contractors to set up their companies for success during the challenging early years and beyond. Here is a small sample of the principles discussed: - Why your company's culture is critical to your success and how to ensure it will be what you want - Billing procedures to follow to ensure that you get paid for your work - Your essential need to hire the right lawyer and the right accountant for your business before your Day 1 - Your personal guarantee, its extreme risk for you, and what to do when it is required - The legal and financial consequences of improper business registration and professional licensing - How to choose the form of business structure best suited to your company - An essential checklist for startups, and forms you can use - The risks inherent in the Sole Proprietorship form of business - The problems with partnerships and how to address them in advance Mastering the Construction Startup: A Business Infrastructure Guide is perfect for trade school and college courses in construction management and entrepreneurship, and a must-have resource for contractors, project managers, and subcontractors at all levels.

Local Note:

John Wiley and Sons

Subject Term:

Construction industry -- Management.

New business enterprises -- Management.

Construction -- Industrie -- Gestion.

Nouvelles entreprises -- Gestion.

Construction.

Industries.

BUSINESS & ECONOMICS.

Contracting.

TECHNOLOGY & ENGINEERING.