Banking Change Orders Foundation Profitability 
Construction Business Owner
OCTOBER 14, 2011
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.
Contractor Bookkeeping
NOVEMBER 3, 2012
You have what appears to be a high profit job and now you are thinking you have it made and I hope you are right! The most common situation is when a residential remodel contractor who has built a reputation and a substantial company generating profits of 15% or more decides to start building custom homes.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Construction Business Owner
FEBRUARY 16, 2012
Bank lines of credit are lifelines for many contractors, yet convincing a bank to provide or renegotiate a line of credit is not easy. Building your case beforehand can certainly help and makes you look better in the eyes of the bank. Crunch the numbers – Banks like proactive business owners. change orders.
Contractor Bookkeeping
SEPTEMBER 27, 2013
You are a spec home builder in need of a construction draw and your bank or lender wants to see your latest financial reports and this time they want all of the current houses you are working on to be reflected in QuickBooks correctly as Work-In-Process (W.I.P.) We have a FREE change order form you can download here.
Contractor Bookkeeping
OCTOBER 4, 2013
There are a number of people who pass out advice on how to start a profitable construction company; however, very few have actually done it and fewer still had a clear understanding of where they were making or losing money and fewer yet have ever gotten past the point of owning a J.O.B. Education is the foundation for shifting paradigm.
Pro Builder
JANUARY 6, 2021
Less Waste, More Profit in 10 (Not So Easy) Steps. Figure two people per order, on average, and you end up with more than a billion dollars annually in wasted ketchup! . To put that in perspective, the burger chain’s net profit for 2019 was $6.03 Process Perils and Profit for Home Builders. What’s a columnist to do?!
Construction Business Owner
MARCH 6, 2011
It got me to thinking not only about how poorly managed large companies within an industry of that size and importance must be in order to collapse like it did, but also what makes something “Too big to fail”? Mr. Rattner discussed the stress tests given by the Treasury Department to large banks that were receiving TARP funds.
Expert insights. Personalized for you.
120 
Let's personalize your content