By Garry Bartecki – January 13, 2025 – FOR ConstructionPROS.com
Learn how you can reduce costs, lower interest expense, improve jobsite efficiency and find additional personnel to stay competitive in your market.
You are probably in the process of closing out 2024 and finishing your game plan, budget and cash flow projections for 2025. You are doing this, right?
Some of your planning was based on your thoughts about the outcome of the election. If so, at least 50% of you got it right. So, seeing that the lower taxes and regulations crowd won, those expecting higher taxes and more regulation will have to quickly redo their plans to avoid falling behind their peers.
Either way, planning for 2025 will not be easy because your options to improve your business are numerous and complicated and, in most cases, will require a new budget item you have not considered until now.