Dear Priscilla, 

As we are now past the midway point of the year, it's a pivotal moment for us to pause, reflect, and strategize for the road ahead.  In the world of contracting, this period is filled with the challenges of deadlines, floods of inquiries, impatient clients, and looming contracts.  But despite feeling overwhelmed and chaotic at times, I would encourage you to take a moment to assess your progress, address challenges head-on, and set yourself up to finish the year strong. 

Here's a strategic overview to guide you and your business in mid-year assessments and planning:

Evaluating Your Performance

Take a moment to review your financial performance so far. Compare your actual results against your initial goals. Are there areas where you've exceeded expectations, or perhaps some that need more attention? Understanding these insights will pave the way for informed decisions in the coming months.

Strategic Adjustments

Reflect on the goals you set earlier this year. How close are you to achieving them? If adjustments are needed, now is the time to recalibrate. Whether it's refining operational processes, enhancing client relationships, or exploring new market opportunities, strategic adjustments can make a significant impact on your business trajectory.

Planning for Success

Looking forward, consider what steps you can take to position your business for growth in the second half of the year. From upgrading technology to investing in workforce development, strategic planning now will set the stage for future achievements.

As we navigate through the remainder of the year, approach each challenge as an opportunity for growth and innovation. By leveraging strengths and learning from experiences, you can ensure that your contracting business will continue to thrive, and you will be positioned to have a strong finish to an amazing year.

Your Partner in Success - 
Priscilla Hansen Mahoney
Business Coach for Contractors

Here's some NEWS you can use!

Networking:

07.16.24 - 5:00-7:00pm - Sebago Chamber Business Break @ Sebago Signworks

07.18.24 - 4:00-7:00pm - BNI Multi-Chapter Meetup @ 500 Southborough Drive

                                      (email me for more info)

07.18.24 - 5:00-7:00pm - HBRAME Business, Builders & Beer featuring Versatex

07.19.24 - 5:00pm -        AGC Maine - On Base with the Portland Sea Dogs 

07.23.24 - 4:30-6:30PM - Association for Consulting Expertise (ACE) Networking

07.25.24 - 3:00pm -  AGC Maine - July Tours and Pours - Reed & Reed FJ Wood Bridge Project

Education:

07.11.24 - 4:00pm - (online) Shop Talk: The Decade Ahead: Strategic Planning for Business Transfer and Tax Considerations

Check out AGC Maine's Education Calendar for ongoing Education Opportunities

Wisdom:

In case you missed it - I had the honor of presenting at Bernstein Shur's 9th Annual Women in Construction Event.  I'm at the 30-minute mark, but I would encourage you to listen to all the amazing women who presented before me.  All talks were inspirational and powerful.  Enjoy! 

OSHA released a proposed standard for Heat Injury and Illness Prevention in Outdoor and Indoor settings.  READ MORE HERE.

Support: 

The Maine Workforce Development Grant is still active and available - receive up to $1800 per frontline employee for the purposes of training and skill development (with an employer match.  

Oh hey! You are still reading!  I really appreciate you!  One more favor... this is a self-serving request (ok, not for myself, but for my husband, Mike Mahoney) - Can you throw him some love and support by casting a vote for him in the Bangor Savings Bank 2024 Best of Awards in the Realtor category?  He's been killing it in the Real Estate world lately - thank you!