Webinars
Navigating industry challenges
Tune into our recorded webinars for an immersive exploration of the construction industry. Go beyond the surface as we offer insights into stress-testing your business, navigating uncertainties, and addressing key issues with practical solutions. Explore the spectrum of risks, opportunities, and strategic solutions in construction, and stay ahead by staying informed about industry news and its implications.
We specialize in simplifying complexities, making information digestible, and offering valuable tips for your prosperity. Join us to elevate your understanding and triumph over persistent contracting challenges.
An ESOP overview
An ESOP is one of many ways a company can approach business continuation. This webinar aims to provide viewers with valuable insights into this approach.
Revisit this webinar as Wayne Rivers, Bob Massengill, Principal at Pilot Hill Advisors, and Mary Beth Gray, Managing Partner at Kleinbard, LLC discuss -
- governance of ESOP owned companies,
- financing ESOP contractor transactions,
- unique tax advantages to sellers, companies, and employees in ESOP companies, and
- the irony of ESOP balance sheet accounting.
- the special considerations when implementing ESOP transactions for contractors such as earnings volatility and financing structures,
- the most common misperceptions about ESOPs,
- and allow questions from contractors, underwriters, and surety agents interested in learning more.
Five things that could go wrong - and how to prevent them
The pandemic shutdowns will lead to some sort of economic disruptions, and there are several risks for contractors. What preventive measures and strategies should you then adopt to reduce the negative impact?
Revisit this webinar as Dennis Engelbrecht and Wayne Rivers talk about
- What to do in the event of a supply chain disruption or subcontractor failure
- How to maintain estimating discipline to avoid both risk and profit fade
- How to keep both productivity and morale high in a time of unprecedented change
- And much more!
The greatest construction company of which you have never heard - the McDevitt & street story
Would you believe that a construction company could grow its volume 2600% while steadily increasing its margins and remaining profitable every year? Would you believe it could grow from two offices in the southeast to 12 all across the country? Would you believe that the company could do all this all the while preserving and even strengthening its culture? And would you believe it did all this in only 13 short years?
Believe it. It really happened.
Revisit our one hour webinar as Bundy Bundesman, Wayne Rivers, and Dennis Engelbrecht examine the explosive growth of McDevitt & Street, how they were able to engineer the amazing things they did, and what happened to this once great company. Most important, what lessons can we take away from the McDevitt & Street saga in the current business environment?
Stress testing your construction business
In our last webinar, we made reference to the importance of stress testing. You’re heard about how the Fed stress tests banks, but what does it mean in the context of your construction company? Revisit this webinar to dig deeper into exactly how to go about the process of stress testing and give you a one-hour tutorial on how to get the job done right.
Looking for a stress testing model for your construction business? Email Us and we will send it to you.
Contractor planning in uncertain times
The commercial construction business has pivoted on a dime from a time of record volume, profits, and backlogs to a time of great uncertainty. How does a contractor know what to do next? How does a management team plan for the unknown? What concrete steps should you be undertaking now to assure both current and future success?
Revisit this webinar as Dennis Engelbrecht, John Woodcock, and Wayne Rivers present thoughts on how to prepare for marketplace uncertainty, determine precisely where your company stands, and take the necessary actions so you remain calm, profitable, and strong in a time of unprecedented uncertainty.
Five issues - five solutions
The construction industry is booming right now. The Great Recession seems like ancient history, and construction spending has reached an all-time high. The challenges facing our industry now are quite different from those of a decade ago, and while the problems of today’s success surely beat yesterday’s headaches, they are still problems – and quite vexing ones at that.
Revisit this webinar as Dennis Engelbrecht talks about the five biggest difficulties that contractors are facing right now and, more importantly, how to overcome them.
Construction beyond capacity: risks, opportunities, and solutions
The commercial construction industry is operating at – perhaps beyond – full capacity. Given industry growth and the lack of available resources, how do you attract good employees, keep your jobs on schedule, and overcome poor/incomplete designs?
In this webinar, you’ll learn seven action tips for job success and profitability in today’s challenging environment.
Leading construction economic indicators spell trouble for industry in 2020
Research tells us that there are readable “tea leaves” that precede construction industry highs and lows by 18 to 24 months. How can you become better attuned to future highs and lows? What are the five things you should focus on NOW for the next downturn?
For answers to these questions and more, revisit our webinar where Dennis Engelbrecht and Wayne Rivers provide you with lessons from The Great Recession and the top things to do – and not do – prior to the next slowdown.
The ideal construction dashboard
In a successful construction company, there are practically an infinite number of moving parts. All impact overall performance, but some are more important and more deserving of attention than others.
Revisit our action-packed webinar in which Dennis Engelbrecht and Wayne Rivers of The Family Business Institute talk about the importance of having an “Ideal Construction Company Dashboard,” the five key components thereof, and how your custom dashboard will help you make faster – and better – business decisions.
12 tips for prospering (and surviving!) in boom times
The Great Recession was a miserable time for the construction industry, and the very survival of many companies was in question. Today, contractors face the OPPOSITE problem. Times are good – really good! But the seeds of a company’s destruction can often be sown in times just like these.
Revisit this webinar where The Family Business Institute team covers 12 important tips for surviving and prospering in BOOM TIMES – and beyond.
The top 10 reasons why contractors succeed
The internet and literature are full of articles about why contractors fail – there are a host of them. While these pieces lay out the commonalities of distress and failure, they leave open the question of how to assure success. And while achieving success is obviously the obverse of avoiding failure, they are hardly the same. For the past 15 years, The Family Business Institute has been running peer programs for commercial contractors, and a number of commonalities have emerged among the most successful companies from which you can learn.
Revisit our webinar on where Wayne and Dennis share The Top 10 Reasons Why Contractors SUCCEED.
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