2/19/25

The State of the Commercial Industry

Join Alex Kablanian, General Manager at ServiceTitan, as we dive into the exciting opportunities and challenges shaping the construction industry in 2025! From rising optimism and growth goals to tackling labor shortages and supply chain issues, Alex shares the must-know trends and strategies for contractors this year. Don’t miss it! 0:20 Live from New Dominion Construction! 0:46 Sharing Growth, Trends and Contractor Performance Stories 4:00 Contractor Bid Less Work but Bid Better on the Projects 5:55 Service Titan, well-known solutions for Service Contractors 7:40 New Product for self-performed contractors 8:40 Trends in expanding residential, commercial, service- Best-in-class 9:43 Self-performed trade product- Added Different Modules (PM, Gantt Charts, Estimating, Service Agreements, Contracts) 10:50 Building both a Construction and Service Division to diversify for the same-end user. 13:00 Construction First Companies Considering Service. 13:36 Two things to consider when entering a service business 16:48 Bidding, Waiting and Winning-How Construction Companies Win Work. Not how service works. 17:29 Sellers to Employee ratio, 100 Employee Service Firm to 5-10 Sellers is trending 19:58 Innovative technologies to maximize labor efficiency. More projects, less people. 21:10 Being selective with type of projects you bid 22:20 Reducing general labor and tasks, timesheets, progress, change orders, RFIs 23:00 How do I get administrative time back? Streamlining field to office example. 23:48 Making sure GC or Sub gives me information I need that I am missing. 28:02 What is the ROI on your product on the construction side? 29:15 ROI Metrics: Revenue Growth and Gross Margin Percentage 32:61 Service Titan went public. 33:17 Occupancy Levels are rising. Thank You to Our Sponsors: Well Built Construction Consulting https://www.wellbuiltconsulting.com/ Steel Toe Communications (Digital Marketing for Contractors) https://www.steeltoecommunications.com/ Katz Abosch (Tax, Audits and Accounting) https://www.katzabosch.com/ Lawrence Law (Legal Challenges for Contractors) https://lawrencelawllc.com/ Sandy Spring Bank https://www.sandyspringbank.com/ Genesis AEC (Full Service Architecture, Engineering, Construction in Life Sciences) https://www.genesisaec.com/ Marsh McLennan Agency https://www.marshmma.com/?utm_source=... Construction Links Network: https://constructionlinks.ca/ For additional episodes and information visit https://www.themorninghuddleconstruct... Subscribe to our weekly e-newsletter for the latest updates. https://lp.constantcontactpages.com/s...

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