Construction Business Owner

APRIL 1, 2011

Product Spotlight. 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. change orders. Equipment Management. Resource Center. Industry News.

Cash Flow 120

Cash Flow Construction Software Software 120

Job Order Contracting

APRIL 1, 2019

Integrated Project Delivery, IPD, for major new construction, and Job Order Contracting, JOC, for repair, renovation, and minor new construction are two fully vetted forms of LEAN construction delivery. Thus costs estimates should first be prepared WITHOUT including OVERHEAD and PROFIT. Continuous improvement. Scope of Work.

Estimating 130

Estimating Construction Procurement Change Orders 130

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. Review contracts you will ask your customers to sign.

Profitability 48

Profitability Construction Accounting Cash Flow 48

Contractor Bookkeeping

FEBRUARY 28, 2014

Your Construction Contracting Company. When you were young and had a support system providing your food, clothing and shelter that was the time to own and operate your contracting company fast and loose without any checklists, processes, systems or any of that perceived non-sense. Poor scheduling affects production and cash flow.

Profitability 48

Profitability Contractors Cash Flow Accounting 48

Job Order Contracting

APRIL 1, 2019

Integrate Project Delivery, IPD, for major new construction, and Job Order Contracting, JOC, for repair, renovation, and minor new construction are two fully vetted forms of LEAN construction delivery. Thus costs estimates should first be prepared WITHOUT including OVERHEAD and PROFIT. Scope of Work.

Estimating 100

Estimating Procurement Change Orders Renovating 100

Construction Business Owner

SEPTEMBER 27, 2011

Product Spotlight. 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. change orders. productivity. Equipment Management. Resource Center. Ask the Expert.

Construction 181

Construction Software Software Accounting 181

Construction Business Owner

JANUARY 18, 2012

Product Spotlight. Querying different type of jobs in job costing to look at profitability by type. change orders. productivity. Equipment Management. Resource Center. Equipment and Services Directory. Ask the Expert. Hardhat Connect. Industry News. Forms and Checklists. Seminars and Tradeshows. Auction Calendar.

Construction 169

Construction Software Software Accounting 169

Construction Business Owner

OCTOBER 20, 2011

Product Spotlight. « Some Advice on Change Orders. But without exception, the story that each team told through their symbols focused on people, not projects or profits. No discussion of business practices, financial measurements, or profit-building strategies. change orders. Resource Center.

CFMA 120

CFMA Construction Software Software 120

Construction Business Owner

MAY 24, 2012

Product Spotlight. 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.

Construction 120

Construction Software Software Iowa 120

Construction Business Owner

APRIL 2, 2011

Product Spotlight. « 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. In our business we fight tooth and nail to stay competitive and win contracts.

Construction 160

Construction Software Software Accounting 160

NH Construction Law

APRIL 26, 2018

Among the possible reasons a project might cost more to build than anticipated is diminished labor productivity occasioned by unforeseen space or time constraints. In Fraser , the subcontractor’s arrangement with the CM was fixed price rather than cost-plus except as to change orders and extras. See Town of Bedford v.

Lien 40

Lien Compensation Change Orders Subcontracting 40

Construction Business Owner

DECEMBER 20, 2011

Product Spotlight. Recent Comments Diyona Joe on Top 5 Trends in Construction Software Construction services on Top 5 Trends in Construction Software Construction services on Lessons in Construction Leadership Yunz Contracting on Marketing Your Construction Business Yunz Contracting on Safety is More than a Mission Statement Archives.

Software 120

Software Software Construction Accounting 120

Construction Business Owner

MAY 29, 2012

Product Spotlight. Recent Comments Diyona Joe on Top 5 Trends in Construction Software Construction services on Top 5 Trends in Construction Software Construction services on Lessons in Construction Leadership Yunz Contracting on Marketing Your Construction Business Yunz Contracting on Safety is More than a Mission Statement Archives.

Construction 120

Construction Software Software Cash Flow 120

Construction Business Owner

MAY 7, 2012

Product Spotlight. « Staying Focused in the Fight Against Profit Fade. I am a believer in real collaboration – after all, we did just launch a new product created specifically for project collaboration. change orders. productivity. Equipment Management. Resource Center. Ask the Expert. Hardhat Connect.

Construction 120

Construction Software Software Accounting 120

Construction Business Owner

SEPTEMBER 28, 2011

Product Spotlight. The CBO team attended the APWA 2011 Congress this year and had a chance to learn about the industry’s latest equipment and products. change orders. productivity. Equipment Management. Resource Center. Equipment and Services Directory. Ask the Expert. Hardhat Connect. Industry News.

Construction 120

Construction Software Software Cash Flow 120

Construction Business Owner

APRIL 5, 2012

Product Spotlight. And risk can be a profit center, since insurance companies obviously make money. Even if this doesn’t become an actual source of profit in and of itself, contractors who actively work to understand and control risk are in a position to make smarter project decisions that lead to higher profit margins.

Risk 120

Risk Insurance Construction Software 120

Autodesk Construction Cloud

DECEMBER 3, 2021

However, with construction budgets being scrutinized more so than ever and overall industry productivity remaining a constant concern, construction professionals can’t really afford to accept the new normal. Not Planning for Change Orders.

Budgeting 52

Budgeting Budget Construction Software 52

Building Information Management

APRIL 10, 2015

DBB is exclusively responsible for the construction sectors poor productivity versus all other business sectors. Job Order Contracting is an integrated, collaborative construction project delivery method with a 20 year+ track record. The contract typically has a base year with two to four option years. The History of JOC.

Contract 40

Contract Renovating Bidding Construction 40

Building Information Management

JUNE 2, 2016

Poor productivity in the construction sector is a well known and persistent issue. Real property owners are ultimately responsible the construction sector’s low productivity. Both should anticipate a reasonable profit, and a potential long term relationship involving other projects.

Contractors 40

Contractors Procurement Change Orders Budgeting 40

Construction Business Owner

OCTOBER 26, 2011

Product Spotlight. I know from my days as a general contractor that plans and specifications are altered continuously as subcontractors become involved, materials are changed, and change orders are issued. change orders. productivity. Equipment Management. Resource Center. Ask the Expert. August 2012.

Construction 160

Construction Software Software Bidding 160

Building Information Management

NOVEMBER 19, 2015

The most recent report is the NATIONAL CONSTRUCTION AND CONTRACTS LAW SURVEY, 2015, NBS. ’ Examples of proven collaborative construction delivery methods include Integrated Project Delivery – IPD, for major new construction, and Job Order Contracting – JOC, for renovation, repair, and minor new construction.

Construction 40

Construction Change Orders Procurement Legal 40

Construction Business Owner

JANUARY 31, 2012

Product Spotlight. Recent Comments Diyona Joe on Top 5 Trends in Construction Software Construction services on Top 5 Trends in Construction Software Construction services on Lessons in Construction Leadership Yunz Contracting on Marketing Your Construction Business Yunz Contracting on Safety is More than a Mission Statement Archives.

Construction 185

Construction Software Software Accounting 185

Autodesk Construction Cloud

DECEMBER 18, 2021

The final days of a project have a huge impact on your overall profitability and success—as the saying goes, projects are remembered not by how they start but how they finish. In fact, you typically won’t be able to release final retainage without it—effectively putting as much as 10% of your contract at stake. Not so fast.

Change Orders 52

Change Orders Documentation Equipment Risk 52

Job Order Contracting

APRIL 2, 2019

Integrated Project Delivery, IPD, for major new construction, and Job Order Contracting, JOC, for repair, renovation, and minor new construction are two (2) fully vetted forms of LEAN construction delivery. Thus costs estimates should be prepared WITHOUT OVERHEAD and PROFIT. Both have a proven track record spanning decades.

Estimating 100

Estimating Procurement Change Orders Comparison 100

Construction Business Owner

APRIL 19, 2012

Product Spotlight. Staying Focused in the Fight Against Profit Fade » Connecting in Construction. change orders. productivity. Equipment Management. Resource Center. Equipment and Services Directory. Ask the Expert. Hardhat Connect. Industry News. Forms and Checklists. Seminars and Tradeshows. Publications.

Construction 120

Construction Software Software Conference 120

Construction Business Owner

NOVEMBER 3, 2011

Product Spotlight. Rather than looking in the review mirror after a job is complete and realizing you’re over budget, make sure you have the ability to import estimates, manage change orders, report on committed costs, and allow your employees in the field remote access. change orders. productivity.

Cash Flow 120

Cash Flow Construction Software Software 120

Construction Business Owner

MARCH 11, 2011

Product Spotlight. Free Webinar on Reducing Profit Fade » Game Changers. change orders. productivity. Equipment Management. Resource Center. Equipment and Services Directory. Ask the Expert. Hardhat Connect. Industry News. Forms and Checklists. Seminars and Tradeshows. Auction Calendar. Industry Statistics.

Construction 120

Construction Software Software Accounting 120

Construction Business Owner

NOVEMBER 8, 2011

Product Spotlight. Recent Comments Diyona Joe on Top 5 Trends in Construction Software Construction services on Top 5 Trends in Construction Software Construction services on Lessons in Construction Leadership Yunz Contracting on Marketing Your Construction Business Yunz Contracting on Safety is More than a Mission Statement Archives.

Construction 175

Construction Software Software Accounting 175

Construction Business Owner

DECEMBER 6, 2011

Product Spotlight. Or you could take a risk in offering a new product. change orders. productivity. Equipment Management. Resource Center. Equipment and Services Directory. Ask the Expert. Hardhat Connect. Industry News. Forms and Checklists. Seminars and Tradeshows. Auction Calendar. Industry Statistics.

Construction 195

Construction Software Software Accounting 195

Construction Business Owner

MAY 17, 2011

Product Spotlight. Also, I realized that this analogy works like this, too: “The Sales People Are Determining Product Direction.” If programmers have their way, the product will never be released. On the flip side, salespeople would have product releases every month highlighting hundreds of new features. change orders.

Construction 150

Construction Software Software Accounting 150

Construction Business Owner

OCTOBER 12, 2011

Product Spotlight. A Change (Order) for the Better? change orders. productivity. Equipment Management. Resource Center. Equipment and Services Directory. Ask the Expert. Hardhat Connect. Industry News. Forms and Checklists. Seminars and Tradeshows. Auction Calendar. Industry Statistics. Publications.

Construction 120

Construction Software Software Accounting 120

Construction Business Owner

FEBRUARY 2, 2012

Product Spotlight. Jim is a senior consultant with FMI and specializes in building profits by developing tailored operations strategies for his clients. If leadership success was measured only on profitability, then there were certainly many “great leaders” sitting in the CEO position of many contracting companies.

Construction 120

Construction Software Software Accounting 120

Construction Business Owner

NOVEMBER 22, 2011

Product Spotlight. Sure, there was a learning curve, but taking the time to learn how to use the backhoe (the current technology) made him substantially more productive. change orders. productivity. Equipment Management. Resource Center. Equipment and Services Directory. Ask the Expert. Hardhat Connect.

Construction 160

Construction Software Software Accounting 160

Construction Business Owner

JULY 12, 2012

Product Spotlight. To paraphrase what the owner of an electrical contracting company told me not long ago, “We do our best to go through all the plans, RFIs, etc. Project managers are used to logging information – job progress, change orders, labor, weather, and so on. change orders. productivity.

Construction 137

Construction Documentation Software Software 137

Construction Business Owner

FEBRUARY 2, 2012

Product Spotlight. In the end, jobs must translate to bottom-line profitability.” In this article, Schoppman explains how business owners should evaluate construction professionals on specific criteria to enhance margin, improve productivity and hedge construction risks. change orders. productivity.

Construction 120

Construction Software Software Accounting 120

Construction Business Owner

MAY 10, 2012

Product Spotlight. Their construction equipment division, which began production in 1985, includes a family of excavators, wheel loaders, backhoe loaders, skid steer loaders and industrial vehicles, with a recent launch of a Tier III H930C/H940C backhoe loader. change orders. productivity. Equipment Management.

Construction 120

Construction Software Software Georgia 120

Construction Business Owner

OCTOBER 25, 2011

Product Spotlight. Education leads to improvement, efficiency, and profitability! change orders. productivity. Equipment Management. Resource Center. Equipment and Services Directory. Ask the Expert. Hardhat Connect. Industry News. Forms and Checklists. Seminars and Tradeshows. Auction Calendar. Publications.

Construction 120

Construction Software Software Accounting 120