The Small Business Development Center (SBDC) in Cedar City, Utah has selected Construction Monitor as a successful business to highlight for the business’s sustained growth and contributions to the community. The company’s co-owners David Mineer and son David Mineer Jr. are leading Construction Monitor on a nationwide expansion that began this year with a goal to reach all major U.S. markets by the end of 2013. The expansion is a significant milestone for the 23-year-old business, which has been a job lead source for contractors and other professionals in the construction industry in the Western U.S. and Texas.
With a subscriber base of more than 3,500 clients, Mineer’s goal for the expansion is to add at least 1,000 more subscribers each year. Through weekly reports and 24/7 website data access, subscribers have access to important building project information that details the latest building permits that have been filed. The information that CM provides is extracted from public records in building department offices throughout the country and packaged in a convenient and comprehensive report for industry professionals.
Mineer’s decision to expand CM to all major U.S. markets came on the heels of an offer that he received in the fall of 2011 by a highly successful corporation in Silicon Valley to purchase his business. Though the offer initially sounded strong, Mineer wanted to do some research to determine the true value of Construction Monitor. After the offer was made, Mineer contacted the Small Business Development Center (SBDC) in Cedar City, a resource for entrepreneurs and business owners looking for advice, mentorship and training.
Following several counseling sessions with SBDC Director Craig Isom, Mineer determined that the Silicon Valley offer did not fully recognize the true value of CM and also discovered that there was a significant opportunity to grow the business by reaching out to all major U.S. markets. “Having the information from the SBDC has helped me as a business owner make more intelligent decisions,” said Mineer. The work that Mineer and Isom did to assess CM’s value ultimately led Mineer to the decision to expand the company. Now, Mineer uses SBDC consultants as a sounding board for decisions he makes regarding CM’s growth.
Construction Monitors’ (CM) expansion has opened new markets including New York City, Chicago and Miami, which have boosted the company’s employment rates. In just three months since CM started its national expansion, Mineer has hired (and continues to hire) an average of two to three new staff a week, including independent contractors throughout the U.S. and additional staff for the headquarters office in Cedar City. The company is nearing 100 employees (including independent contractors) and expects to expand the headquarters office in Cedar City in the future.
The UT SBDC provides consulting, training and other resources to emerging and existing small business owners in partnership with the U.S. Small Business Administration (SBA), the Governor’s Office of Economic Development (GOED), the Lead UT SBDC Center at Salt Lake Community College, and other colleges and universities in the state. To learn more about the UT SBDC program, please visit www.utahsbdc.org. For more information about Construction Monitor visit www.constructionmonitor.com or call 435-586-1205.