Business

'Cash Flow Is King'

The No. 1 piece of advice that American Express small-business expert Brett Sussman has for small business owners in construction: Don’t be afraid to raise prices.
By Grace Calengor
October 1, 2023
Topics
Business
by Grace Calengor
Grace Calengor is senior editor of Construction Executive. Prior to joining ABC in April 2023, she was managing editor of The Zebra Press in Alexandria, Virginia. She graduated from Gustavus Adolphus College in St. Peter, Minnesota, in 2020 with two bachelor’s degrees in English and classics, and a minor in comparative literature.

Related stories

Business
Construction Backlog Indicator Rises, Contractor Optimism Slips in July Cover Art

Construction Backlog Indicator Rises, Contractor Optimism Slips in July

By ABC
Backlog is up, but optimism is not. The ABC Backlog Indicator rose to 8.8 months in July, but that may mean fewer projects are coming to completion.
Business
Future-Proofing: Spend Your Money Smarter Cover Art

Future-Proofing: Spend Your Money Smarter

By Dave Gray
The economy is more uncertain than ever, and construction companies may feel the instinct to cut spending as a result. While simply spending less is an option, strategic spending in workforce management can prevent cost leaks and lock in the right skilled labor to keep your company moving forward.
Business
Rising Debate: Proprietary Versus Non-Proprietary Elevator Equipment Cover Art

Rising Debate: Proprietary Versus Non-Proprietary Elevator Equipment

By Scott Berman
Independent elevator companies are leveraging owner options, lower long-term costs, and supplier and equipment choice to compete against major proprietary brands. Who will come out on top?

Follow us




Subscribe to Our Newsletter

Stay in the know with the latest industry news, technology and our weekly features. Get early access to any CE events and webinars.