Construction Business Management - The required steps on how to run a successful construction business

In this video I go over the steps involved in running a successful construction business. Key points involve: Purpose, Finanicals, Marketing, People, and Systems. If you enjoyed the video click on my Construction Business Playlist for a full course that dives into the details of running a construction business. If you enjoyed this video, please select the subscribe, and like icons, and check out the many construction, business management, MS Project Professional and project management playlists on my channel. Click notifications to be notified of updates and leave a comment if you have experienced this topic in your work and wish to contribute to the construction community. Tom Stephenson is a national award-winning professor (George Brown College, University of Toronto) and best-selling author whose background in education spans nearly three decades. His diverse teaching disciplines include construction project management, business management, human resource management, architecture, carpentry, and brick and stone masonry. As a dual-professional, Tom is called upon by industry leaders to translate knowledge, reinvigorate corporate culture, and inspire innovation in emerging and established companies across Canada. Before breaking into the academic realm, Tom acquired more than a decade of practical project-management experience, operating a mid-sized Toronto-based general contracting firm. He is also the author of the newly released Planning, Scheduling, and Control of Construction Projects with American Technical Publishers and the four best-selling editions of Understanding Construction Drawings for Housing and Small Buildings with Nelson Publishing Canada. Tom most recently received the Toronto Construction Association’s 2020 Chancellor’s Award for “helping his peers become more ethical, knowledgeable and professional.” A champion of change management, Tom takes pride in helping students and businesses navigate uncharted territories, take calculated risks and rise above the status quo. Some of the companies he’s worked with include Mattamy Homes, EllisDon, BIRD Construction, MCA, Maple Reinders, and Tucker HiRise, University of Toronto Project Managers. Project Management Tips Tutorial 1 Scope Statement https://youtu.be/JyRX7Cyi-Y4 Tutorial 2 WBS https://youtu.be/CCimSQQ8LxE Tutorial 3 Mgmt & Contin Reserves https://youtu.be/wSIZkqS2UYs Tutorial 4 Batch & Queue MS Project https://youtu.be/FsOVftIgKXg Tutorial 5 CPM Defined https://youtu.be/qS38cgia1VU Tutorial 6 RFI’s Defined Adv. & Disadv. https://youtu.be/LHCG2NHR6PQ Tutorial 7 Change Directives https://youtu.be/qqEd3e1uOWU Tutorial 8 An Unkempt Site https://youtu.be/aoZbzdkeaXA Tutorial 9 Checklist MS Word https://youtu.be/nppYGf9wdNo