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Sustainability VIPs 2021

Construction Business Owner

Sustainability VIPs 2021. Wed, 09/01/2021 - 07:30. As the demand for more sustainable building continues to increase, and the practice of green building becomes increasingly more profitable, construction today is positioned to lead the world by example. Alex Headley.

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How Meaningful Time Maximizes Profits

Construction Business Owner

How Meaningful Time Maximizes Profits. Mon, 10/25/2021 - 07:30. Alex Headley. Most successful construction companies are owned and managed by a dedicated and hardworking entrepreneur who excels at pricing, estimating and building strong customer relationships.

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5 Technologies the Modern GC Should Be Using in 2021

Construction Business Owner

5 Technologies the Modern GC Should Be Using in 2021. Fri, 05/28/2021 - 07:30. People and material make up the lion’s share of a contractor’s overhead, so it’s no surprise that efficiently managing these is the best way for contractors to improve their profitability. Alex Headley.

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Engineering losses halve Briggs & Forrester profit

Construction Enquirer

Briggs & Forrester Group saw pre-tax profit halve to £1.6m Group financial director Jeremy Askew said: “It has been a particularly difficult year with high levels of inflation experienced impacting on the profitability of some fixed price contracts. after suffering a £1.6m Average headcount across the group slipped back 2.5%

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Home Builder Profitability Reached Highest Level on Record

Pro Builder

Home Builder Profitability Reached Highest Level on Record. Mon, 07/26/2021 - 10:00. Last year’s net profit average for builders reached the highest level since management consulting firm The Shinn Group began tracking net income data in 1994. The previous record was set in 2006, but 2020’s net profit average of 11.4%

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Should I Stay or Should I Grow?

Construction Business Owner

Fri, 07/09/2021 - 07:30. This vision typically resembles a controlled, organized and systemized company with consistent growth and a nice profit. But along the path, rather than grow and profit, their trajectory upward begins to backslide. Alex Headley. Most construction business owners start with a vision.

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How to Make Changes & Still Make Money

Construction Business Owner

Fri, 03/26/2021 - 11:30. It’s nearly impossible to make any money when contracts allow just 10% and your subcontract only allows for 15% total overhead and profit markup on change orders, or time and material costs plus work. The typical commercial contractor’s annual overhead and profit markup look much like those in Figure 1.

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