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Strategic Cost Estimation for Contractors in 2024

Construction Business Owner

Strategic Cost Estimation for Contractors in 2024 ccapoccia Fri, 03/01/2024 - 16:03 As we navigate the complexities of the construction industry in 2024, the ability to provide accurate cost estimations remains the cornerstone of a contractor’s success.

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Five Tips for Maximizing Profitability With 3D Reality Capture

Construction Business Owner

Promote to rotator No Rotator Image Status of webinar Featured Maximize profit in your construction business. Thu, 05/09/2024 - 12:00 1:00 p.m. Once the project is complete, you will have an accurate, objective progress record to eliminate doubt and minimize the risk of legal disputes, improving the likelihood of repeat business.

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Building Strong Starts: Protecting Profit Margins Through Effective Preconstruction

Autodesk Construction Cloud

The famous Aristotle quote that goes, “Well begun is half done,” rings very true in the construction industry. Doing so won’t just make your life easier; it’ll also help you protect your profit margins. When you stay on top of project planning and design from the beginning (i.e.,

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The Secret Sauce to Protecting Construction Profits  

Autodesk Construction Cloud

While incredibly rewarding, the construction industry is a challenging sector to work in for cost-focused business and project executives. By taking proactive steps and adopting the right tools, you can mitigate and safeguard your firm’s profits. Decisions made using “bad data” are estimated to cost the industry $88.69

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The Rise of the Modern Estimator

Autodesk Construction Cloud

What we in America call Estimators, and what the rest of the world calls Surveyors, have been around for thousands of years. Today, estimators are the unsung heroes of a project team. Their success is a critical element of how a company continues operating at a profit for another day. . Watch our Estimating Master Class.

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The upside of job costing: More accurate estimates means more money in the bank

Lets Build

Whatever your reason for getting into the construction business, a love for job costing and puzzling out profitability likely wasn’t a contributing factor. In a recent study of self-identified business owners, accountants, bookkeepers, estimators, and finance managers within the construction industry, 1.

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Seven Traits of Profitable Specialty Contractors

Fieldwire

Anyone who has managed a construction company, department, or project knows profitability can be challenging. Intense competition, fluctuating market conditions and other factors often result in tight profit margins. Even with numerous challenges, specialty contracting can be profitable. In-Demand Expertise.