Equipment World

August 2017

Equipment World Digital Magazine

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August 2017 | EquipmentWorld.com 52 reading business books and studying what is good debt, what is bad debt. We knew the construction process, but I didn't know until I took over how much hadn't been done on the business side. Working hard on myself meant I had to read more, study the specs more and understand the plans more. That way when I went to these meetings with engineers and architects, I made sure I could answer any question they asked." He also realized a key management person had let many of his duties slide. "I thought he was doing everything and came to realize he wasn't looking at the accounting, not dealing with the insurance companies, not dealing with the debt burden we had and not streamlining the estimating department." He was let go. Matt rounded up the remaining employees and explored some basics, such as how much their equipment cost them per hour and their production rates contractor of the year | continued The jobs Whaley & Sons get now are much larger than when Matt took over the company, such as this site prep contract for an apartment complex near Knoxville.

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