Ways To Create an Effective Fuel Purchasing Program
Understanding your fuel program is crucial to your business's strategy. Having a clear comprehension allows you to capitalize on pricing trends and prepare for the future. A tractor operating 110,000 miles per year, with fuel economy of 5.5 mpg, uses 20,000 gallons of diesel annually—meaning your fuel program has a much bigger impact than you realize. Each one-cent savings in the cost of a gallon of fuel represents a $200 savings per year, per tractor.
Putting a successful bid proposal together is more than just jotting down numbers and gambling for a good outcome. Proper bid preparation requires time and effort, and it is particularly important to obtain a proper understanding the plans and specifications. It is also helpful to conduct site visits, estimate costs for labor, materials, and equipment, as well as ensure everything is covered.
Many elements are necessary for a successful construction business—great employees, well-established customers, updated equipment, a sound office, and finances. In addition, whether you are starting a new business or already deep in the industry, the behind-the-scenes elements of commitment and consistency are also essential.
Working without a written subcontractor agreement can leave both contractors exposed to significant liability. Clear contracts help define responsibilities, manage risk, and ensure proper insurance coverage for accidents, injuries, and project changes.
Discover the top 5 costly mistakes employers make with Workers’ Compensation insurance—and how to avoid them to help protect your workforce and your bottom line.
Explore the hidden mental health challenges in the construction industry, including stress, anxiety, and depression, and discover strategies to support worker well-being.
