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Construction Business Owner Blogs

Construction Business Owner

Some Advice on Change Orders » A Change (Order) for the Better? When clients ask me about change orders, I’m reminded of a well-circulated photo. The yacht is named “Change Order.” Discussion about change order difficulties tends to be one of two types.

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Construction Business Owner Blogs

Construction Business Owner

Customer Collaboration & Construction Software » Staying Focused in the Fight Against Profit Fade. Just about every contractor has been there — a project starts out strong but, as it moves forward, delays and incidental added work and changes knock dollars and cents off of the bottom line. Stay on Top of Changes.

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Construction Business Owner Blogs

Construction Business Owner

« A Change (Order) for the Better? Judging Tipis » Some Advice on Change Orders. I was talking with John Chaney this week, and he mentioned that he was going to blog about how change orders affect construction management. December 2008. November 2008. October 2008.

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Construction Business Owner Blogs

Construction Business Owner

Healthy Competition » Free Webinar on Reducing Profit Fade. One problem that even the most savvy contractors deal with is profit fade, when a job continues to incur additional costs that are not factored into the estimate. In turn, profit fade can dramtically affect cash flow and hinder the possibility of booking new jobs.

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Construction Business Owner Blogs

Construction Business Owner

If a business is unprofitable in 2011, and has no taxable income to use the deduction, that business can elect to use 100% Bonus Depreciation and carry-forward to a year when the business is profitable. December 2008. November 2008. October 2008. September 2008. August 2008. change orders.

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Construction Business Owner Blogs

Construction Business Owner

Querying different type of jobs in job costing to look at profitability by type. December 2008. November 2008. October 2008. September 2008. August 2008. change orders. Looking at Over/Under Billing and posting the adjustment to the year-end financials. April 2009. March 2009. February 2009.

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Construction Business Owner Blogs

Construction Business Owner

But the point at which the office meets the field – where job progress is tracked, profitability is calculated, invoices and change orders are processed – this is the point where bad (or no) communications between the field and the office results in diminished performance and profits. December 2008.