Business and Management

How-to information, news and tips to help improve the business and management of businesses in the industry.

Hazard Recognition and Other Safety Concerns

By Gary Auman, NFBA Legal Counsel This article covers some very important issues that have a large impact on your safety program and performance. Hazard Recognition  Recognition of hazards is of crucial importance for all employers in the construction industry. I am not referring here to communication about hazards—that is a completely different topic....

NFBA Member Spotlight: Legacy Barn Company

-By Kathy Jonas- This past January, Shawna and Matthew Miller of Legacy Barn Company, in Tahlequah, Oklahoma, held a sweepstakes for a free 30’ x 40’ x 10’ post-frame materials kit in a Facebook contest as a way to show their appreciation to loyal customers and followers. By the end, the contest had been...

Short-term interest rates on slow rise as economy improves

Interest rates are on a slow rise in a sign of confidence that the U.S. economy is growing and employment rates are improving. The Federal Reserve raised short-term interest rates by a quarter point on Wednesday, the third hike since December. Key rates are now between 1% and 1.25%, still comparatively low, and interest...

Money Talk: Tax Deductible Internet Marketing

-By MARK BATTERSBY-  It is an unfortunate fact of life, but many builders and contractors often overlook the tax deductions for marketing expenses. According to the IRS, advertising and marketing expenses must only be reasonable and directly related to the rural building business in order to be tax deductible. Promotional costs that create goodwill,...

Tips for Creating a High-Performance Company

Growing bigger as a business isn’t as important as growing better. If you want to grow into a high-performance machine, Bruce Hodes, author of the book Front Line Heroes: Battling the Business Tsunami with Performance Oriented Cultures, offers these observations. Any company has problems. You want to make sure that you keep solving the...

Marketing Advantages of Building Dealer Networks

If you are a contractor who would prefer to hire someone for your marketing, you might be best served by becoming an independent building dealer. Companies like Wick Buildings and Lester Building Systems have extensive tools designed just for you, and they provide ample opportunities for their partners (dealers/builders) to become well versed in...

Marketing Help Outreach: Suppliers Have Answers!

If you are a contractor who dreads the marketing aspects of your business, you’re not alone. Fortunately a lot of your suppliers have already developed the tools you need. They are hoping that you will use them because they know that your success is their success. Central States Manufacturing Every marketing professional will tell...

Surviving an Audit: Rules to Live By if the IRS Comes Knocking

  -By Mark Battersby- According to the Chairman of the House Small Business Committee, Steve Chabot, R-Ohio, the IRS audits the tax returns of far more small businesses than corporations. “Our current system is working against these small businesses, when it should be working for them,” Chabot said. The IRS agrees, stating the highest number...

Flack Steel Is Now Flack Global Metals

Effective immediately, Flack Steel has changed its name to Flack Global Metals. This move reflects a consolidation of recent acquisitions that include Consolidated Metal Products (CMP) in Columbia, South Carolina, and JD Steel Products in Toledo, Ohio. In a move toward increasing global reach and expanded product line, Flack Global Metals now offers bare,...

Home Ventilation

It is not uncommon for us to have homeowners tell us that their contractor told them that a metal roof will eliminate their need for attic ventilation. After politely suggesting they look for a different contractor, we tell them how, with most homes, proper attic ventilation is critical to a healthy and energy-efficient home....