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Construction Business Owner Blogs

Construction Business Owner

MANAGEMENT |. General Management. People Management. Equipment Management. 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.”

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The importance of keeping construction daily logs for every site activity

Lets Build

And even if it’s mostly controlled chaos, staying on top of everything is challenging for site managers. If you ever feel that recording activities in your construction daily logs is too much of a hassle, think about the negative implications on your profit margin and reputation. Construction sites are chaotic.

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Top 10 ERP Solutions for Construction Firms

Construction Marketing

Managing a reputation for delivering high-quality projects, keeping your business profitable, your people productive, and your firm growing requires focus, commitment, and understanding. Business management software like ERP is built to handle this—but who can deliver? Though there are many things you need to focus on.

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Construction Business Owner Blogs

Construction Business Owner

MANAGEMENT |. General Management. People Management. Equipment Management. Customer Collaboration & Construction Software » Staying Focused in the Fight Against Profit Fade. There’s a name for these situations: “profit fade.” Stay on Top of Changes. STRATEGY |. ACCOUNTING |. SOFTWARE |.

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Construction Business Owner Blogs

Construction Business Owner

MANAGEMENT |. General Management. People Management. Equipment Management. « A Change (Order) for the Better? Judging Tipis » Some Advice on Change Orders. As a former general contractor, I have a lot to say about the operations side of change orders. STRATEGY |.

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Job Order Contracting 2021 and Beyond

Job Order Contracting

If a UPB is properly created it consists of “bare costs” only (no contractor overhead or profit). Factors for non-normal work hours or other conditions (high security areas, etc.) Job Order Contracts should ALWAYS be awarded upon best value, however, and not lowest costs. Thus, coefficient typically range from 1.10

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Construction Business Owner Blogs

Construction Business Owner

MANAGEMENT |. General Management. People Management. Equipment Management. 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.

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