Planning Articles

2020 has been a year of survival rather than long-term planning. While we’re not yet beyond the pandemic, now can still be a good time to start thinking about how to best position your business for the future.

Most family businesses claim to have a succession plan in place, but many of those are informal, increasing the chance that a transition of business ownership might not go smoothly. Here are some tips to ensure a solid plan is in place.

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Intuitive and user-friendly software helps progressive contractors take the guesswork out of planning horizontal directional drilling projects

Envirosight’s free white paper can help wastewater operators better plan and prepare for emergency situations and disasters

Here are some insights from someone who has been both employee and owner on what it takes to get a drain cleaning business off to a successful start

This is the perfect time to review your business plan, analyze what’s working and set new goals

Eventually you might reach a point where you decide to get out of your business, whether it is retirement beckoning or a desire to take on a new venture. Here are a few things to think about before taking that step.

No change in your company should go forward without a revision to your business plan

Even if you’re years away from calling it quits, it’s wise to start thinking about an exit plan to ensure you get your desired retirement results

Historical data can guide the project budgeting and estimating process, and a thorough understanding of equipment costs and job site variables can help ensure the profit margin you’re looking for

To most effectively handle your business’ cash flow, more than just accounting personnel should be involved

There are several options for contractors to choose from when it comes time to finance a startup. Researching each one is the first step.