Pro Builder

JUNE 6, 2022

Over the last 10 years, the housing industry has been recovering from the Great Recession when single-family housing starts plummeted over 80% in three years and more than half of home building and trade contractor businesses went bust. When you’re out of cash, you’re out of business. When you’re out of cash, you’re out of business.

Management 52

Management Cash Flow Profitability Schedule 52

Construction Business Owner

APRIL 1, 2011

Industry News. Industry Statistics. Healthy Competition » Free Webinar on Reducing Profit Fade. The buzz at this year’s ConExpo-ConAgg certainly indicated that this is a hopeful time for the construction industry, or at least a time of cautious optimism. The good news? Add new tag.

Cash Flow 120

Cash Flow Construction Software Software 120

Construction Business Owner

OCTOBER 26, 2011

Industry News. Industry Statistics. While there are numerous reasons to change software applications, there are two that regularly come up in our discussions with prospective clients: cash flow control and project cost control. Back to Cash Flow. Add new tag. Equipment Management. Publications.

Cash Flow 120

Cash Flow Construction Software Software 120

Construction Business Owner

NOVEMBER 3, 2011

Industry News. Industry Statistics. Job Cost & Cash Flow. In my post about determining when you need construction software , I mentioned that controlling project costs is a key reason to purchase new software. Add new tag. Equipment Management. Resource Center. Equipment and Services Directory.

Cash Flow 120

Cash Flow Construction Software Software 120

Construction Business Owner

MARCH 1, 2012

Industry News. Industry Statistics. Collaborating on Cash flow » The Year of Mobile Technology? Every year, there seems to be a new product or service that’s all the industry buzz. You can’t turn the page of a magazine or open up an industry-related website without seeing it. Add new tag.

Mobility 120

Mobility Cash Flow Construction Software 120

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. The really good news they are on the banks payroll.

Profitability 48

Profitability Construction Accounting Cash Flow 48

Autodesk Construction Cloud

JANUARY 9, 2024

In 2023, the construction industry grappled with the lingering effects of supply chain disruptions, inflation, and ever-present labor shortages —a narrative that has become all too familiar. We adopted new technologies, embraced sustainable building practices, and were more vocal about the benefits of working in the AEC field.

Construction 137

Construction Autodesk Industrial Sustainability 137

Construction Business Owner

AUGUST 18, 2011

Industry News. Industry Statistics. Other common reports bonding agents will look at include income statements, balance sheets, statements of cash flow, and job specific invoice aging reports. Add new tag. Equipment Management. Resource Center. Equipment and Services Directory. Ask the Expert. Publications.

Cash Flow 168

Cash Flow Software Software Accounting 168

Construction Business Owner

FEBRUARY 16, 2012

Industry News. Industry Statistics. On the flip side, the larger banks will typically have more funds to lend and may have more in-depth knowledge of the construction industry. When you approach your chosen lender(s), be open about your financial situation, including any typically slow work and cash-flow periods.

Banking 120

Banking Construction Cash Flow Finance 120

Levelset

AUGUST 16, 2022

Some contractors watch as their gross profit margins decrease when they take on larger jobs. The construction industry has one of the highest rates of business failure. It is also helpful to provide the surety with a cash flow projection for the project. Sufficient working capital. Ability to absorb losses.

Risk 52

Risk Cash Flow Construction Banking 52

Construction Business Owner

SEPTEMBER 27, 2011

Industry News. Industry Statistics. 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. Add new tag. Equipment Management. Resource Center. Ask the Expert.

Construction 180

Construction Software Software Accounting 180

Construction Business Owner

JANUARY 18, 2012

Industry News. Industry Statistics. Querying different type of jobs in job costing to look at profitability by type. If the answer is no, then now may be the time to start looking into new tools and software programs that can make your job—and your life—easier. Add new tag. Equipment Management. August 2008.

Construction 168

Construction Software Software Accounting 168

Pro Builder

MAY 3, 2023

Having an agility mindset means you can better confront and manage labor shortages, higher insurance costs, supply chain disruptions, and cash flow challenges. A rigid approach will fail in the new normal of our industry challenges. A rigid approach will fail in the new normal of our industry challenges.

Deals 52

Deals Cash Flow Management Forecasting 52

Construction Business Owner

APRIL 26, 2012

Industry News. Industry Statistics. Customer Collaboration & Construction Software » Staying Focused in the Fight Against Profit Fade. There’s a name for these situations: “profit fade.” The profit you calculate when bidding a job can fluctuate dramatically as work progresses. Equipment Management.

Change Orders 120

Change Orders Construction Profitability Software 120

Construction Business Owner

MAY 7, 2012

Industry News. Industry Statistics. « Staying Focused in the Fight Against Profit Fade. No matter what industry you’re in, collaboration seems to be the latest “thing.” Each year at this event I’m reminded that collaboration is vital to our construction industry. Add new tag. Resource Center.

Construction 120

Construction Software Software Accounting 120

Construction Business Owner

APRIL 5, 2012

Industry News. Industry Statistics. This, after all, is the foundation of the insurance industry. And risk can be a profit center, since insurance companies obviously make money. Well, consider the business model of the insurance industry. The construction industry is dangerous. Add new tag.

Risk 120

Risk Insurance Construction Software 120

Construction Business Owner

APRIL 19, 2012

Industry News. Industry Statistics. Staying Focused in the Fight Against Profit Fade » Connecting in Construction. Connection between our company and our customers, between industry peers, between contractors and their project teams. Add new tag. Equipment Management. Resource Center. Ask the Expert.

Construction 120

Construction Software Software Conference 120

Autodesk Construction Cloud

FEBRUARY 9, 2022

Billd allows you to take complete control of your cash flow and run your business on your terms. eMOD offers the construction industry a robust construction safety app. Subcontractors often get the short end of the stick, forced to come out of pocket for labor and materials months before getting paid for their work. Not anymore.

Autodesk 98

Autodesk Construction BIM Safety 98

Construction Business Owner

DECEMBER 20, 2011

Industry News. Industry Statistics. Add new tag. Equipment Management. Resource Center. Equipment and Services Directory. Ask the Expert. Hardhat Connect. Forms and Checklists. Seminars and Tradeshows. Product Spotlight. Auction Calendar. Publications. CBO Magazine Owner of the Month CBO eNewsletter -->. February 2009.

Software 120

Software Software Construction Accounting 120

Construction Business Owner

OCTOBER 25, 2011

Industry News. Industry Statistics. With all of the percentages in the news lately (99% here, 1% there), I found myself wondering about a different percent—the 30%. Education leads to improvement, efficiency, and profitability! Add new tag. Equipment Management. Resource Center. Ask the Expert. foundation.

Construction 120

Construction Software Software Accounting 120

Construction Business Owner

NOVEMBER 8, 2011

Industry News. Industry Statistics. Confronting the brutal facts of your business and industry. Add new tag. Equipment Management. Resource Center. Equipment and Services Directory. Ask the Expert. Hardhat Connect. Forms and Checklists. Seminars and Tradeshows. Product Spotlight. Auction Calendar. Publications.

Construction 174

Construction Software Software Accounting 174

Construction Business Owner

JANUARY 31, 2012

Industry News. Industry Statistics. Add new tag. Equipment Management. Resource Center. Equipment and Services Directory. Ask the Expert. Hardhat Connect. Forms and Checklists. Seminars and Tradeshows. Product Spotlight. Auction Calendar. Publications. CBO Magazine Owner of the Month CBO eNewsletter -->. February 2009.

Construction 185

Construction Software Software Accounting 185

Construction Business Owner

MAY 29, 2012

Industry News. Industry Statistics. Add new tag. Equipment Management. Resource Center. Equipment and Services Directory. Ask the Expert. Hardhat Connect. Forms and Checklists. Seminars and Tradeshows. Product Spotlight. Auction Calendar. Publications. CBO Magazine Owner of the Month CBO eNewsletter -->. February 2009.

Construction 120

Construction Software Software Cash Flow 120

Construction Business Owner

APRIL 2, 2011

Industry News. Industry Statistics. « Free Webinar on Reducing Profit Fade. My company’s flagship product continues to evolve, and we constantly have one goal in mind: to be the industry leader in new sales for construction accounting software. Add new tag. Equipment Management. Resource Center.

Construction 159

Construction Software Software Accounting 159

Construction Business Owner

SEPTEMBER 28, 2011

Industry News. Industry Statistics. The CBO team attended the APWA 2011 Congress this year and had a chance to learn about the industry’s latest equipment and products. Add new tag. Equipment Management. Resource Center. Equipment and Services Directory. Ask the Expert. Hardhat Connect. Forms and Checklists.

Construction 120

Construction Software Software Cash Flow 120

Construction Business Owner

MAY 24, 2012

Industry News. Industry Statistics. One of our clients does industrial electrical work on projects around the country. Add new tag. Equipment Management. Resource Center. Equipment and Services Directory. Ask the Expert. Hardhat Connect. Forms and Checklists. Seminars and Tradeshows. Product Spotlight. August 2008.

Construction 120

Construction Software Software Iowa 120

Autodesk Construction Cloud

MAY 5, 2023

As a result, the technology tools available often stifled collaboration between these external stakeholders, who had limited access to key budget and profitability information, which makes it very hard to run a successful business. The good news?

Office 52

Office Autodesk Accounting Project Management 52

Construction Business Owner

MARCH 11, 2011

Industry News. Industry Statistics. Free Webinar on Reducing Profit Fade » Game Changers. In their coverage of the revolution in Egypt, The New York Times reported, “Movement Began With Outrage and a Facebook Page That Gave It an Outlet.” Add new tag. Equipment Management. Resource Center.

Construction 120

Construction Software Software Accounting 120

Construction Business Owner

OCTOBER 20, 2011

Industry News. Industry Statistics. But without exception, the story that each team told through their symbols focused on people, not projects or profits. And I did, but I’m pretty sure that the competition was secondary to everyone there, because they had spent the last few days making new connections. foundation.

CFMA 120

CFMA Construction Software Software 120

Construction Business Owner

JUNE 20, 2011

Industry News. Industry Statistics. « Combing the news. Confronting the brutal facts of your business and industry. We leveraged one of our strengths to create momentum in another area of the construction industry. Add new tag. Equipment Management. Resource Center. Ask the Expert. Publications.

Construction 149

Construction Software Software Accounting 149

Construction Business Owner

JANUARY 5, 2012

Industry News. Industry Statistics. Carefully monitoring these numbers will help you preserve profit and build more accurate bids on future projects. The current state of the construction industry may seem dismal for some, but the fact is, the industry will rebound. Add new tag. Equipment Management.

Construction 120

Construction Software Software Accounting 120

Construction Business Owner

AUGUST 30, 2011

Industry News. Industry Statistics. For starters, it is designed for construction, so you’re getting software that handles the accounting and reporting challenges of your industry. Add new tag. Equipment Management. Resource Center. Equipment and Services Directory. Ask the Expert. Hardhat Connect. Publications.

Construction 168

Construction Software Software Accounting 168

Construction Business Owner

MAY 31, 2011

Industry News. Industry Statistics. Combing the news » The Inmates Are Running the Asylum: Part 2. Add new tag. Equipment Management. Resource Center. Equipment and Services Directory. Ask the Expert. Hardhat Connect. Forms and Checklists. Seminars and Tradeshows. Product Spotlight. Auction Calendar.

Construction 149

Construction Software Software Accounting 149

Construction Business Owner

NOVEMBER 22, 2011

Industry News. Industry Statistics. Confronting the brutal facts of your business and industry. Add new tag. Equipment Management. Resource Center. Equipment and Services Directory. Ask the Expert. Hardhat Connect. Forms and Checklists. Seminars and Tradeshows. Product Spotlight. Auction Calendar. Publications.

Construction 159

Construction Software Software Accounting 159

Pro Builder

JUNE 9, 2021

The home building industry has been charging along at a pace beyond what we could have imagined or even hoped for following the outbreak of COVID-19 more than a year ago. Yet, here we are, with strong sales, great cash flow, abundant profits, and not enough people to build the homes. . Scott Sedam, Contributing Editor.

Profitability 98

Profitability Remodeling Cash Flow US 98

Construction Business Owner

MAY 17, 2012

Industry News. Industry Statistics. I had the opportunity to do some work outside the construction industry a few weeks ago in which I toured a manufacturing plant with an ergonomist. This started me thinking back to the construction industry and how we struggle with this very issue. Add new tag.

Construction 120

Construction Software Software Injury 120

Construction Business Owner

OCTOBER 14, 2011

Industry News. Industry Statistics. It’s not news that competition for work in most parts of the industry has increased or that margins have decreased. Change orders can be harder to manage – and present more of a profitability challenge – than pre-planned project work. Equipment Management.

Change Orders 120

Change Orders Construction Software Software 120