Is Your Construction Business Prepared to Thrive During a Recession?

SAVE TIME · IMPROVE PRODUCTIVITY · DECREASE RISK

There are enough uncertainties in the world.?Your construction business doesn’t need to be one of them.?

When recession looms, intelligent companies know it’s time to evaluate their foundations, take stock of operational deficiencies, and implement new tools. According to studies of business survival during recessions by Harvard Business Review, Bain, and McKinsey*, the companies that not only survived but thrived throughout had one thing in common: preparation.

Preparing for financial turbulence can seem daunting for real estate developers and owners: fluctuating property values, rising interest rates, and supply chain bottlenecks. Similarly, owner reps, design firms, and contractors face the possibility of layoffs, reduced revenue, lower productivity, and, in turn, degraded margins. Some things you can’t control. But the business decisions you make ARE in your control. What is the best way to thrive in a downturn? Drive cost savings without reducing team size, and invest strategically for the long term. Task automation, streamlined communications, and data-driven decision-making can make a tremendous impact - helping you combat and even thrive amidst the challenges of a recession.

INGENIOUS.BUILD is THE operating system for the real estate development and construction industry - especially during a looming recession. It empowers professionals to reduce project risk, save costs, and achieve more on construction and development projects than ever thought possible. Our SaaS platform enables you, your team, and your project partners to:

Dive into the details of your business

• Provides a new level of visibility into your projects with data to establish norms, benchmarks, and budgeting accuracy.

Improve operational inefficiencies

• Eliminates the need for disparate platforms and multiple steps to manage projects. One operating system provides intelligent budgets, updates, controls, and task management for all team members - automatically and in real-time.

Maximize productivity

• Creates real-time connectivity between all team members including automated reminders, flagging of overdue submissions, organized access to files, maintenance of sharing permissions, and automatic status updates of tasks.

Minimize controllable risks

• Protects against budget errors from manual entries, wrong version controls, and bad formulas while best-in-class encrypted workspaces mitigate exposure to data breaches.

To learn more, book a demo with a Product Expert HERE

While other solutions attempt to solve small issues within complex construction workflows, INGENIOUS.BUILD is the only platform that addresses all of the management and collaboration processes required of every team member on a typical project.

From project conception through the final punch list, INGENIOUS is the only software platform that meets the needs of every stakeholder.

At?INGENIOUS.BUILD, we deeply care about our clients. We want them to survive the recession and to be able to thrive and take advantage of it.

The best way to thrive in a downturn? Drive operational cost savings without reducing team size, gain intelligent insights, and invest strategically for the long-term.?

*(Frick, Walter, How to Survive a Recession and Thrive Afterward, Harvard Business Review, May-June 2019).