Business

Where to Next: A Growth Roadmap for Construction Businesses

One mentor described the economy like the seasons: fall when things look dark, winter when things are bad, spring renewal, and the bounty of summer. Unlike the natural world, where each season lasts about three months, one economic season can last for years, and most owners struggle to tell that a change is coming. For […]

Business Succession Planning for Family-Owned Construction Companies

Roughly 80 percent of shed building and rent-to-own companies are family-owned or small business operations, according to attorneys who work with construction and self-storage clients across the country. That statistic means the typical construction firm revolves around a founder who handles sales, estimating, production, and payroll almost single-handedly. When that founder retires, steps back, or

How Tax Reform Changes the Numbers for Shed Builders

Tax season forces every small builder to answer the same questions: what does the business owe, and what can be kept for the next job? The answers changed after the Tax Cuts and Jobs Act passed in late 2017. For shed builders, most of whom run sole proprietorships, partnerships, or S corporations, three provisions matter

Defining Success for a Construction Business Before Chasing Growth

Building companies get described as big or small, and usually the labels point at surface details: the size of the manufacturing facility, the number of employees, the units produced each year. Big is not the point. An owner who starts with goals, with what the business is actually for, has a better chance of building

Industry Benchmarks: How Construction Businesses Measure Performance Against the Market

Without continual growth and progress, Benjamin Franklin wrote, words like improvement, achievement, and success have no meaning. An industry cannot tell whether it is improving without data to measure against. Industry analysis answers that question: it gathers and reviews information on current economic and market conditions, then compares one company’s results against the rest of

The Outdoor Storage Market: Growth Trends Shed Builders Can Use

Storage sheds, deck boxes, and outdoor cabinets belong to a product category that keeps growing as homeowners spend more time and money outside. Market researchers who track the residential outdoor storage products segment forecast annual growth of nearly 4 percent over multi-year windows, driven by bigger outdoor kitchens, more patio furniture, and a shift toward

How to Scale a Portable Building Manufacturing Business

The portable building industry keeps attracting builders who want to move past one-off custom work. A crew that frames houses on site can apply the same skills to sheds, cabins, and garages built indoors, where weather never stops production. The shift from job site construction to repeatable manufacturing changes almost everything: how space is organized,

How Builders Calculate Profit Per Unit and Why It Matters

Every construction business owner can quote their revenue. Far fewer can answer the question that actually drives the company: how much profit did the last unit produce? Profit per unit, also called profit per transaction or cost per unit, is the number that separates builders who grow on purpose from builders who grow by accident.