Remove Cash Flow Remove Change Orders Remove Estimating Remove Insurance
article thumbnail

Construction Business Owner Blogs

Construction Business Owner

INSURANCE |. The New Estimating Tool – Superintendents » So You Want to Buy New Construction Software. Job Cost & Cash Flow. So it makes sense that any software you consider should offer comprehensive job cost and cash flow solutions. STRATEGY |. MANAGEMENT |. ACCOUNTING |. SOFTWARE |.

Cash Flow 120
article thumbnail

Construction Business Owner Blogs

Construction Business Owner

INSURANCE |. 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. change orders. STRATEGY |.

Cash Flow 120
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Construction Business Owner Blogs

Construction Business Owner

INSURANCE |. Meet with them before every project to discuss not only the contractual provisions for scope of work and change orders, but also what you bid and why. Owners need your help to meet their goals, and they may be more amenable to approving change orders while you’re still on the job. STRATEGY |.

article thumbnail

Construction Business Owner Blogs

Construction Business Owner

INSURANCE |. 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.” Yes, change orders are nearly inevitable. STRATEGY |.

article thumbnail

Construction Business Owner Blogs

Construction Business Owner

INSURANCE |. Being the Best » The New Estimating Tool – Superintendents. Estimating departments have added a new tool to their repertoire – superintendent and foremen input. With backlogs down and work less plentiful, field supervision has come into the office and become an integral part of the estimating process.

article thumbnail

Construction Business Owner Blogs

Construction Business Owner

INSURANCE |. « The New Estimating Tool – Superintendents. change orders. STRATEGY |. MANAGEMENT |. ACCOUNTING |. SOFTWARE |. MARKETING |. EQUIPMENT |. General Management. Software & Technology. Accounting & Finance. Construction Law. People Management. Green Building. Construction Safety. Sales/Marketing.

article thumbnail

Construction Business Owner Blogs

Construction Business Owner

INSURANCE |. However, estimates show in order to properly maintain the current system and expand it to meet future needs, we need to invest $225 to $340 billion annually.”. AEM estimates that 35,000 jobs—many of which are in construction— are created every time $1 billion is invested in our infrastructure. change orders.