6 Building Renovation Tips to Increase Property Value!

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As Alltrade Properties recommends, renovating certain areas of a commercial building is an excellent way for owners to add increased functionality and property value. 

Old, unmodernized buildings create a wrong impression, while newly renovated properties can establish a good reputation. By improving its functionality and structure, you can make it more appealing to a wider variety of prospective business clients as well as maximize your return of investment (ROI).

With that said, here are expert tips in renovating your commercial building to ensure maximum property value.

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How a Collaborative Network Will Change the Construction World!

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Collaborative Networks in Construction article, and permission to publish here, provided by Ed Rusch, Vice President, Global Marketing, Command Alkon

A Digital Collaboration Platform built specifically for the Heavy Construction industry will change the world by helping companies save thousands to millions of dollars on their construction projects, along with reducing the carbon impact, eliminating waste, and saving lives.  

Using supply chain collaboration technology, construction firms will see meaningful productivity gains. As construction in the US is a $1.27 trillion annual business, a very modest 3% productivity gain would translate into an industry created $40B stimulus package.

These unlocked resources, for example, could build over 2,500 new elementary schools each year or be invested in other US infrastructure projects like thousands of miles of new 4-lane highway or tens of thousands of Interstate roads being resurfaced.

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The Importance of Weather Monitoring in Construction!

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Among all the external factors that affect construction work, the weather is one of the most crucial ones, which requires weather monitoring.

Depending on the situation, weather conditions can hamper the construction progress, lead to delays, damage equipment or resources, and pose health and safety risks

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7 Ways to Finance Construction Projects!

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Construction contracting has huge income potential. Government infrastructure projects are most lucrative especially when the contractor lands many projects. Getting those projects off the ground, however, is a different story. That is because, like all businesses, construction contractors take a huge risk by funding their projects using cash from their reserves.

Financing is the key. Taking out construction loans for business keeps the cash within the company as well as preserves cash flow by stretching out payment terms. The construction financing industry also happens to be very diverse in its offerings.

Contractors can take out any of these 7 types of financing to fund their new projects and keep up with contractual obligations.

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The Advantages of Using Metal Mesh for Your Products!

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If you’re into construction, carpentry, and transportation, to mention but a few, you’ve most likely used a metal mesh.

A metal mesh is an expanded sheet or roll of metal consisting of strands of metal running from one end of the sheet to the other. These strands form openings of different sizes that form a barrier hence the name mesh.

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Has Bitcoin Altered the Construction Industry!

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Since bitcoin’s first appearance and push into the mainstream, numerous discussions have arisen about how bitcoin and other cryptocurrencies will affect the global economy. For example, the central bank of France has recently released a report that highlights ways in which bitcoin is revolutionizing financial transactions within the construction industry.

The report was produced by Bruno Biais, head of economic analysis at the bank, and Cyril Durand. The two researchers found that blockchain-based cryptocurrencies are already impacting the construction industry through intelligent contracts.

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7 Ways to Manage Construction Employees!

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Construction employees article and permission to publish here provided by Bailey Hudson.

It is challenging to find skilled workers and what’s more challenging is that construction is considered an industry with high turnover rates. Workers often leave the industry due to a lack of benefits, poor pay, and underemployment. Management needs to find ways to create a more positive work environment for their employees.

Construction management is a complex task that involves juggling several tasks and deadlines. To help construction managers and leaders, here are some effective ways to manage construction employees:

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How to Mitigate the Lumber Supply Shortage!

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Lumber supply shortage article and permission to publish here provided by Claire Glassman.

With new building codes using light-frame construction, there are limits on how many trees are cut down before putting our environment at risk. 

It puts pressure on manufacturers to find alternative sources for materials that are readily available elsewhere.

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