Resource Articles
Our Resource Center provides education on personal and business financial topics, information on online security and fraud prevention, and articles from leaders at Sunflower Bank.
For more resources, check out our Financial Glossary
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Business - Commercial Construction Industry
Construction: General Licensing and Certification for Construction Advancement
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Business - Commercial Construction Industry
The Buck Stops at Leadership
Getting results starts with leadership. Leaders should not be afraid to change, innovate, and try new ways of doing business, new project types, new customers, and new markets, and should communicate their exciting vision clearly.
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Business - Commercial Construction Industry
Bid Low to Charge More
Getting awarded contracts is very competitive as there are several competitors who offer the exact same services within one or two cents a square foot of each other. This leaves no room for error.
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Business - Commercial Construction Industry
Be a Winning Coach
As you manage your staff and leadership team, it is easy to find fault and criticize, but you can’t do it alone. You need staff, suppliers, subcontractors, managers, foremen, and workers to get the job done, and the simplest way to motivate them to work hard is to give them the recognition they deserve.
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Business - Commercial Construction Industry
Are Employees Stealing from You?
Everyone wants to trust their employees, but you must have controls to keep honest people honest. A few simple checks and balances will avoid a lot of problems, disappointments, stresses, and financial loss. Don’t wait until it’s too late to implement some of these safeguards.
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Business - Commercial Construction Industry
Buy Low and Sell High
Most construction business owners focus a lot of energy on trying to cut costs by being more efficient, working faster, buying cheaper, not wasting any money, keeping their crews busy, or doing all the pricing and ordering themselves. Spending all your time focused on cutting costs won’t improve your bottom line unless you keep some of the savings for yourself.
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Business - Commercial Construction Industry
Buy Right to Build Profits
Many contractors have the same person estimate projects in addition to acting as the project manager. As a result, they often get busy pricing too many jobs or running too many projects at one time. There are a lot of other choices who you can trust if you take the time to get to know them.
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