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Payment Solutions for Building Materials Dealers and Contractors

Posted by Brandes Elitch on Thu, Jan 30, 2020 @ 11:14 AM

If your business sells building materials to the construction industry, then you already know that it takes a long time to get paid. It doesn’t matter what you sell — lumber, dry wall, plumbing supplies, roofing materials, flooring — the contractors who buy from you have cash-flow issues that they deal with every day.

The 2019 National Construction Payments Report, a survey conducted in collaboration between Levelset and TSheets by Quickbooks, concluded that getting paid in the construction industry is slower than just about every other industry. How slow? The average time to payment is 83 days!

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Tags: Building Materials, Construction, Multiple Check

Build Expo Frames the Building Supply and Construction Industries

Posted by Harrison Friedes on Tue, Mar 05, 2019 @ 09:05 AM

Build Expo, the premier event for the building supply and construction industries, launches its 2019 – 2020 multi-city lineup of shows March 6 and 7 at the Los Angeles Convention Center from 10 am to 3 pm.

The Build Expo is attended by a wide variety of industry professionals, including building supply dealers, general contractors, home builders, engineers, and designers.

The expo features over 20 educational workshops and seminars, hundreds of exhibitors, and thousands of products and services. The event allows visitors to attend and take part in workshops and seminars for free.

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Tags: Building Materials, Construction

NAHB Helps Construction Companies Increase Sales

Posted by Joe Gargiulo on Wed, May 16, 2018 @ 03:25 PM

According to the National Association of Home Builders (NAHB), construction companies and housing currently contribute 15 – 18 percent to the nation’s Gross Domestic Product (GDP). Those statistics and additional housing data are available via the organization’s website, including information about membership, blogs and publications, construction codes, educational opportunities and political advocacy.

The NAHB is a federation of more than 700 state and local associations representing more than 140,000 members. Approximately 33 percent are construction companies in home building and remodeling while the remainder “work in closely related specialties such as sales and marketing, housing finance, and manufacturing and supplying building materials.” Furthermore, NAHB members are responsible for constructing about 80 percent of the new single-family and multifamily homes in the United States each year.

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Tags: Associations, Construction, Increase Sales

The Future of Sustainable Construction and Building Materials

Posted by Maria Shayna Tzouvelekis on Wed, Mar 30, 2016 @ 07:00 AM

Advances in sustainability are revolutionizing the construction and building materials industries like never before. However, it's not just the firms and workers of these sectors that are or will be affected — all beings can experience an improved standard of living with healthier materials in place and a diminished use of natural resources.

When building materials managers and construction leaders act as ambassadors for the sustainable building movement, they not only decrease the world’s carbon footprint, but they also tap into a highly profitable market. Influencing clients won’t be so difficult once they see – as many others have – that various sources have proven consumers are willing to pay more in the short term for the long term payoff of an energy efficient building. Disclosing energy efficient renovations when listing houses, condos and townhomes on the market is resulting in more units sold at higher prices as well as less time listed, according to new real estate studies.

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Tags: Building Materials, Construction

Subcontractors Equal 75 Percent of Costs for Home Builders

Posted by Maria Shayna Tzouvelekis on Wed, Feb 03, 2016 @ 07:00 AM

Subcontractors are a crucial resource to the home building industry. In a study conducted by the National Association of Home Builders (NAHB), three-fourths of construction costs in an average single-family home were attributed to subcontractors. Seventy percent of builders surveyed reported using between 11 and 30 subcontractors to complete home construction. 

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Tags: Building Materials, Construction

Guaranteeing Safety and Profit in the Construction Industry

Posted by Tom Lombardo on Mon, Aug 10, 2015 @ 10:00 AM

You know that strict safety practices reduce the risk that an accident will ruin you. But safety comes in many forms, and it can have a radical impact upon your bottom line in ways that may not be obvious.

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Tags: Construction

Heavy Equipment Dealers Are Finally Set to Enjoy the Ride

Posted by Tom Lombardo on Wed, May 13, 2015 @ 08:36 AM

We have proof! The heavy equipment industry’s recovery must be solid because, over the course of last year, recreation and amusement park construction shot up 24%.

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Tags: Heavy Equipment, Construction

Building Materials Reality Is Better Than the Popular Illusion

Posted by Tom Lombardo on Sat, Mar 21, 2015 @ 07:00 AM

 “Reality is merely an illusion, albeit a very persistent one.” – Albert Einstein

Most of us know from experience that “perception” and “reality” often have nothing to do with one another, even when we desperately try to accurately perceive what seems like physical reality.

For example, when trying to discern what building materials managers and owners can expect for the remaining three quarters of the year, industry analysts look at as many facts as they can and then try to “perceive” what they mean.

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Tags: Building Materials, Construction

Top 3 Lessons Building Materials Can Learn from Bendable Concrete

Posted by Tom Lombardo on Mon, Mar 16, 2015 @ 09:49 AM

The construction industry underlies our entire economy the way a concrete foundation supports a building, and as it turns out innovations in concrete – which don’t come along very often – can give us tantalizing insights into the building supply business.

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Tags: Building Materials, Construction

Building Materials: The Art and Science of Delivery

Posted by Tom Lombardo on Fri, Feb 20, 2015 @ 09:00 AM

Most successful building materials owners and managers would say that running their business requires a balance of both art and science, especially as we emerge from the recession.

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Tags: Building Materials, Construction