Business

Ten Factors to Consider Before Expanding a Construction Business
Before expanding, successful contractors will ask themselves if they will be working with new or current clients, if they can navigate in the new area with local suppliers and trades and if they have experience in building the type of project being considered.
By Michael Novakoski
October 19, 2017
Topics
Business
by Michael Novakoski
Michael Novakoski, CPC, LEED AP, is Chairman, President and CEO of Elzinga & Volkers Construction Professionals (E&V), one of the Midwest’s largest and fastest-growing construction management companies. Novakoski is responsible for promoting the firm’s vision, executing strategic objectives, and maintaining a team and culture that has been nationally recognized. This focus on intentional culture includes establishing internal committees around employee development, retention, community outreach, safety and social activities that have driven high employee satisfaction scores and strong retention. It has also led to E&V being consistently voted as one of the top contractors in Michigan and earning a spot of the list of 101 Best and Brightest Companies to Work For in West Michigan and Nationally.
Related stories
Business

Tariffed Construction Materials Prices Rise in May
By ABC
The tariffs are taking effect—and materials prices are reflecting that.
Business

Contractors’ Backlog Falls Sharply in May
By ABC
While ABC's Construction Backlog Indicator fell in May 2025, it is up since this time last year.
Business

The Age of Uncertainty: Monitoring Construction Policy Shifts
By Anirban Basu
By the time this article is read, it may be largely irrelevant. Policy is shifting daily, market volatility is acute and general economic instability is making risky what has generally been a rather strong postpandemic construction marketplace.