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Starting Your Green Construction Business: Simple Guide

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According to some analysts, the construction industry is booming. If you look beyond the developed world, you can see extraordinary growth rates. Developing countries, however, due to the increased industrialization of recent decades, are now facing environmental challenges, and are looking for greener construction solutions. If you are thinking about starting a company related to building and construction, you will need to think about the future trends, and make sure your company complies with current and future regulations. You will be responsible for training and policies, so it is important that you pay attention to every detail. Below you will find a few tips on starting your green construction business.

Study the Current Policies and Regulations

When starting a green construction business, you will need to thoroughly study the regulations that apply to your industry, your state, and your company structure. Different local governments might already have green policies and initiatives that will give you an advantage. On the other hand, you want to make sure that your new business will be able to meet the industry requirements when it comes to training, health and safety. Check out the requirements of the American Safety Council OSHA card to find out which qualifications your workers will need before you would create your company structure.

Invest in Technology

Green technology is constantly developing, and chances are that there are several companies on the market offering different solutions. If you would like to beat the competition, you might need to develop your own materials and work processes. If you are able to team up with engineers who are familiar with the latest trends and can spot opportunities, you can offer something unique for your business partners.

Recruit the Right People

It is also important that you find the right people for each job. Look for individuals who have similar values and visions, and embrace green ideas in the construction business. There is no way you can change the mindset of people, so it might be a good idea to provide your own training and recruit newly qualified talent, instead of workers who are already used to using traditional materials, approaches, and technologies. Your main assets will be your people, so you need to design your talent pool to meet the expectations of your customers and the needs of your company.

Develop Research Partnerships

If you don’t have the right people to research future technologies and new materials, you might decide to enter a partnership with your local college or university. If you invest in their research projects and work with them, you can take advantage of groundbreaking inventions that will help your business prosper while providing students with an opportunity to explore different opportunities to make future buildings more efficient and greener. No matter if you would like to develop your own materials or reduce the carbon footprint of your operations, you can find partners if you contact local educational institutions.

Create a Strategic Plan

No business can survive without a sound strategy. As a green construction business, you will need to integrate efficiency and carbon footprint reduction in every part of your strategic business plan. Consult with a professional advisor, and study various national and local policies that can give you ideas on creating your own competitive plan to turn future buildings greener. Check out the European green initiatives that are leading the way for the rest of the world.

Green Policies

When building a green organization, it is important that you adopt green policies in your company. From providing your staff with training on how to save energy and look after the environment, reduce waste, dispose of toxic materials, to targets and process manuals, there are several ways you can get your workers to jump on board and embrace your ideas.

Measurable Goals

With every business strategy, you need to develop measurable goals. You cannot simply say that you would like to reduce your company’s use of water and other natural resources: you must state by when and by how much. This will help you create targets for each worker and team, and meet the expectations of your market and your industry.

Design a Green Supply Chain

In the construction industry, it is important that you make your supply chain efficient. When you want to make your supply chain greener, it is even more important. From choosing the right suppliers to make sure that your materials are not traveling more than necessary, and you are focusing on waste reduction, to educating your workers on green and efficient practices, there are several ways you can design a supply chain that is not only good for the environment, but also for your financial budget.

Government Collaboration

When experimenting with new materials and production methods, it is important that you build strong links with government organizations, so you can be aware of the future policies and trends that will shape your industry. You can join an industry organization, and find out about the new policies and government targets as soon as possible, so you can tailor your strategy to the future policy developments.

Create a Shared Vision

When creating an innovative green construction business model, it is important that you effectively communicate your vision and mission with all stakeholders. Make sure that you are on the same page, and your suppliers, business partners, and customers are fully aware of your company’s policies and initiatives. Engage with your stakeholders by communicating your company’s plans and strategies to create more efficient buildings that serve communities better.

Some experts say that green supply chains and construction models are the future, and innovation can help organizations achieve their goals while reducing their cost and carbon footprint. If you are committed to environmental goals and would like your business model to reflect your values, you will need to build positive relationships with government organizations, employees, customers, and research facilities, so you can achieve your goals faster. An efficient business and a green supply chain can also provide you with a competitive advantage on the market.

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Student @ Advanced Digital Sciences Center, Singapore. Travelled to 30+ countries, passion for basketball.

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What Every Construction Business Owner Should Be Doing

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As a construction business owner, you have a lot of moving parts to manage on any given day. There are clients to keep happy and workers who need your guidance staying productive and getting the job done right.

You should be focusing your efforts on a few essential areas if you want to run a successful construction business. If you’re not following through with these recommendations, then you risk letting critical details fall off your radar. Take time to evaluate your current practices and what you can be doing differently and in the future to help grow your business and find success.

Researching Equipment Options

Every construction business owner should be researching equipment prices and options. You’re going to need these items for your projects and can’t be worrying about trying to secure them at the last minute. There might also be logistics requirements you’ll want to figure out ahead of time, depending on the scope of the project. Therefore, look into what products and services the Freo Group has to offer so you can place your order and prepare yourself for your future assignments.

Documenting Project Details

It’s a wise idea to put all you discuss with clients in writing. There will be fewer questions and less confusion when you record the project details for all to see and review. Contracts are an excellent way to ensure that you don’t miss any vital aspects you agreed to and that your clients feel comfortable proceeding with the work. Have a timeline you can follow to help you stay on track with deadlines and inform your customer of any setbacks or delays in your work along the way.

Marketing Your Business Aggressively

Furthermore, every construction business owner should be marketing their business aggressively. If you’re going to be around for years to come, then you need clients who are willing to hire you. You’ll be able to stand apart from your competitors when you use creative marketing tactics and make a name for yourself in your community. Get out and meet people and answer questions that potential customers have for you.

Maintaining A Portfolio

You can also attract clients and drum up more interest in your construction business by having a portfolio of your work. Launch a website that includes these examples and carry an iPad around with you to your appointments so you can show potential clients your past jobs. You want people to see the type of results they should expect when hiring you for a project. It’ll also help them brainstorm ideas of what they might want their final output to look like in the end.

Focusing on Safety

The safety of your workers should be a top priority for you when you work in the construction business. Every owner should be training new employees and ensuring each person wears the right safety hat and equipment when working on the job. Be available and on-site so that your employees can ask you questions when they have them, and you can offer suggestions for improving safety measures, depending on the type of project.

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Dal-Tile and Mohawke Industries involved in legal conflicts in Mexico

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Mohawk Industries Inc., together with Dal-Tile International Inc. (Dal-Tile), have had legal conflicts with the Mexican company Internacional de Cerámica SAB de CV (Interceramic) for several years due to Dal-Tile’s attempt to liquidate the company. Recubrimientos Interceramic SA from C.V. (Coatings), as well as to close the plant that operates in Mexico of said company.

Dal- Tile, and Interceramic are partners in the company Recubrimientos, so the Mexican company did not agree with the liquidation or the closure of the plant. Against this background, the Mohawke Industries subsidiary initiated an international arbitration in the city of Houston, Texas, without respecting the statutes of the association it maintained with Interceramic or the Mexican legislation applicable to this case.

Through legal remedies and lawsuits promoted in Mexican courts, Interceramic managed to suspend the arbitration requested by the U.S. firm.

However, the Mexican company alleges that through illegal resolutions issued by judicial and federal officials, which were allegedly corrupted by Dal-Tile, the process resumed.

Derived from the above, on November 20, 2019, Interceramic filed a criminal complaint with the Attorney General’s Office, against the 10th Judge of the Matilde District of Carmen González Barbosa and of the Judges Ignacio Cuenca Zamora and José de Jesús González Ruiz, officials based in the city of Chihuahua, located in northern Mexico, for possible corruption, influence, and bribery offenses.

The accused officials issued illicit resolutions. They arbitrarily and illegally granted inadmissible and illegal protection in favor of Dal-Tile. They are violating the elementary principles of the amparo, jurisprudence and the Constitution itself. It is only explainable that occurred under the commission of the crimes of corruption and trafficking influences. This will be the subject of a criminal investigation by the Treasury so that the necessary evidence is collected to bring the case before a Criminal Judge Federal.

Similarly, the Attorney General’s Office was requested to investigate the existence of a family network within the Federal Courts and Tribunals based in the city of Chihuahua. In which through the imputed magistrates Ignacio Cuenca Zamora and José by Jesús González Ruiz, the District Judges, and other Magistrates can be lobbied, managed or pressured so that through some payment favorable rulings are obtained. 

Proof of this is that the defendants have placed direct family members in positions of other Magistrates through the traffic of influences and/or pressures exerted by their high positions. They have children within courts of the same circuit whose names are Alezith and Arístedes, both with the last name González Ruiz, as well as Ignacio Cuenca Roldán.

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High-Performing Stocks of 2020

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In today’s chaotic markets, it can be difficult to know which stocks and investments are going to make the best, and safest, returns. There’s a myriad of different options and investment strategies. This can make it difficult for the average investor to know what choices he or she should decide on. However, the online realm makes it easy for us to weigh the various potential risks and benefits of every stock on the market. Below are the top seven stocks that may be worth looking out for in the coming year.

Marijuana Stocks 2020

In today’s competitive markets, there are few stocks that have as much of a return, and are as stable, as medical marijuana. The medical marijuana industry, due to government regulation, maintains impeccably high product quality standards, and along with that has not only a completely stable, but also a constantly growing, consumer base. 

Investors want to know the best medical marijuana stocks 2020. One of these stock picks is Aphria (APHA). Based in Canada, Aphria not only sells in it’s home country but also internationally and online, giving it a wide net for potential customers. With annual sales of 179.29 million, Aphria’s revenue shot up 848.1% in October 2019 compared to the same quarter last year. Another potentially lucrative marijuana stock pick is Cannabics Pharmaceuticals (CNBX). Rather than medical sales, this company focuses on biotechnology and cannabinoid research, producing high-quality treatments for cancer patients, among other things. Although the customer base may not be as wide, their state-of-the-art research and developments will be a driving force in the future of the industry.

Investing In The Market While You’re Young

The link above provides many helpful insights into investment strategies and tips for younger investors. Even for those who aren’t as young, there are some incredibly rewarding stock options that provide stable and long-term investment growth preparing you for your future and retirement. Options like Corning Inc. (GLW), Alibaba (BABA), and Deere & Co. (DE), are all stocks that have strong histories of producing returns. Along with this, they offer stable markets and truly are business giants that have been around for long periods of time; they aren’t going anywhere. Although they may not earn as large of returns as some higher-risk stocks, they provide an investment portfolio with excellent stability, as well as a wide range of markets and industries, bringing extreme diversification and balance.

3D Printing: Industry of the Future

Although more high-risk than the previously mentioned options, the 3D printing industry truly is an innovative and growing market that will provide extreme rewards and growth in the years to come. Some of the best stocks in this market include 3D Systems (DDD) and Materialise (MTLS). With a combined market cap of over $2 billion, these companies provide incredible returns, as well as some stability, which is hard to find for an industry that has taken off so recently. 

3D Systems has been around for years, and it’s one of the most stable 3D printing industry stocks on the market. It doesn’t earn as much return year-to-year as some riskier start-ups; however, it’s proven track record provides some safety in a more turbulent industry. With a projected EPS growth over the next 5 years of 63.9%, 

Materialise has a projected one-year return of about 35.4%, which is a remarkable return rate. Although more high-risk than some other 3D printing stocks, the returns on this business can far outweigh the risks, especially if you have other diversified options within your portfolio. Along with these, there are many other 3D stocks that provide incredible growth and it’s an industry that will shape the future of our world.

These, of course, are only a few of the many options within these industries and niches, and it’s advisable to do your own research and evaluation as to what fits best within your portfolio and growth plan. However, these seven picks can and will provide a stable and grounded portfolio base as well as an opportunity for more drastic and meaningful returns, providing balance that is much-needed in the world of investing. If you’re looking to diversify your portfolio, but still maintain high rates of return, these seven picks may be for you.

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