Lets Build

DECEMBER 2, 2022

It’s a curious paradox that few industries are as tightly regulated and controlled as the construction sector, yet at the same time, few industries are as vulnerable to unexpected events. From ambient weather to subcontractor failures, construction projects can be derailed in numerous ways. Creating a plan.

Management 156

Management Construction Risk Cash Flow 156

Construction Law Monitor

DECEMBER 17, 2012

In fact, the study shows that OSHA testing can actually result in significant savings for companies along with reducing company liability. Reduced Employer Liability. According to the study, workplaces in high hazard industries that had been subject to random OSHA inspections reported a reduction of 9.4 percent in injury claims.

OSHA 59

OSHA Liability Employment Inspections 59

Contractor Bookkeeping

JUNE 12, 2013

Contractors That Do Not Earn Large Profits see contractors bookkeeping services as overhead which leads to the following profit drains: They get a cheap computer, tiny monitor, garbage printer, tiny desk and broken down chair that even the dog would not sit in and tell the bookkeeper this is all the company can afford.

Profitability 48

Profitability Contractors Accounting Estimating 48

Green Building Law Update

NOVEMBER 22, 2015

But his data heavy diatribe also found support among real estate industry professionals when he said, “the green building industry has shown the world that sustainability is profitable and that profitability is sustainable.”. Many of the businesses profiting from green had their products on display on the Expo Floor.

Green 120

Green Los Angeles Conference Profitability 120

Lets Build

DECEMBER 16, 2022

Either way, allocating liability and fixing the defect is typically a complex process. In addition, not having proper inspection plans in place can prevent you from detecting defects early on in the project, resulting in more rework and less profit. 3 causes of defects in construction. Inefficient document distribution.

Documentation 148

Documentation Construction Inspections Site 148

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. Public Exposure and Liability on Construction Sites.

Cash Flow 120

Cash Flow Construction Software Software 120

Green Building Law Update

AUGUST 16, 2020

The solar lease, as well as any power purchase agreement need to be considered in light of federal and state law (including tax laws) that stimulate new possibilities including create profit. Maybe not surprisingly, this dark underbelly of the solar industry is not only a residential problem.

Housing 207

Housing Leases Residential Contract 207

Chianelli Estimating

AUGUST 6, 2020

Construction is resuming but the effects of COVID-19 has drastically altered the industry’s mode of operations forever. COVID-19 isn’t the same type of work-related hazard the industry is accustomed to. Indirect costs can come in various ways and can add up in a hurry vastly cutting into profit. cost overruns.

Estimating 60

Estimating Residential Insurance Commercial 60

Pro Builder

JUNE 1, 2020

For years, we as builders have been trained by industry consultants to think like manufacturers, create a process, and stick to it if we want to be profitable. Third-party contractors: Research + design + renderings + plan stamp/liability. If your annual revenue is $50 million, 20% gross profit would be $10 million.

Documentation 59

Documentation Software Software Profitability 59

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

JUNE 29, 2012

Industry News. Industry Statistics. Committing Intentional Project Communications » Public Exposure and Liability on Construction Sites. A Safety Consultant’s Opinion: After having worked in the safety industry for over 21 years, 14 of which were with 2 major insurance companies. Equipment Management.

Construction 120

Construction Safety Software Software 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. Equipment Management.

Risk 120

Risk Insurance Construction Software 120

Construction Marketing

NOVEMBER 25, 2014

Paper forms decrease worker productivity, increase risk/liability, and decrease operational efficiency. Here are some processes in the construction industry that can make an easy conversion to mobile. The ability to track how many jobs each employee does in a week is critical to creating and maintaining a profitable business.

Mobility 232

Mobility Inspections Construction Safety 232

Job Order Contracting

SEPTEMBER 29, 2017

f) “Job order contractor” – a licensed, bonded, and general liability insured contractor awarded a job order contract. (g) The listed tasks shall be locally researched and based on generally accepted industry standards and information, where available, for various items of work to be performed by the job order contractor.

Organization 100

Organization Contract Liability Contractors 100

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. Public Exposure and Liability on Construction Sites. Equipment Management.

Construction 181

Construction Software Software Accounting 181

Construction Business Owner

JANUARY 18, 2012

Industry News. Industry Statistics. Querying different type of jobs in job costing to look at profitability by type. Public Exposure and Liability on Construction Sites. Equipment Management. Resource Center. Equipment and Services Directory. Ask the Expert. Hardhat Connect. Forms and Checklists. Seminars and Tradeshows.

Construction 169

Construction Software Software Accounting 169

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. Equipment Management. Resource Center.

Construction 120

Construction Software Software Accounting 120

Green Building Law Update

APRIL 7, 2020

Savvy players in the environmental industrial complex will find business opportunities to lead and profit in environmental matters, including opportunities advantaged by these newly enacted laws. The bill also establishes liability protections for MDE and the State. SB 420 / HB 581 is substantially the same as HB 619.

Maryland 156

Maryland Commissioning Regulation Environment 156

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. Public Exposure and Liability on Construction Sites. Equipment Management.

Construction 120

Construction Software Software Conference 120

Construction Business Owner

MAY 24, 2012

Industry News. Industry Statistics. One of our clients does industrial electrical work on projects around the country. For example, web-based construction software that can be accessed as easily by a PM using a tablet in the field as a Controller in the office is a big step toward leaving silos to the agricultural industry.

Construction 120

Construction Software Software Iowa 120

Construction Business Owner

AUGUST 19, 2011

Industry News. Industry Statistics. One of my favorite parts of this job is getting to talk with professionals in the industry who work with contractors for a living. These are risk takers, men and women who are driven to hustle and make a profit—not the sitting still type. Equipment Management. Resource Center.

Construction 120

Construction Software Software Accounting 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. Public Exposure and Liability on Construction Sites. foundation.

Construction 160

Construction Software Software Accounting 160

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. No discussion of business practices, financial measurements, or profit-building strategies. Public Exposure and Liability on Construction Sites. Resource Center.

CFMA 120

CFMA Construction Software Software 120

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. Equipment Management. Resource Center.

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. Public Exposure and Liability on Construction Sites. Equipment Management. Resource Center. Equipment and Services Directory. Ask the Expert. Hardhat Connect. Forms and Checklists. Seminars and Tradeshows. Product Spotlight.

Construction 175

Construction Software Software Accounting 175

Construction Business Owner

MARCH 1, 2012

Industry News. Industry Statistics. 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. Public Exposure and Liability on Construction Sites. Equipment Management. Resource Center.

Mobility 120

Mobility Cash Flow Construction Software 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. Resource Center.

Change Orders 120

Change Orders Construction Software Software 120

Construction Business Owner

MARCH 11, 2011

Industry News. Industry Statistics. Free Webinar on Reducing Profit Fade » Game Changers. Public Exposure and Liability on Construction Sites. Equipment Management. Resource Center. Equipment and Services Directory. Ask the Expert. Hardhat Connect. Forms and Checklists. Seminars and Tradeshows. Product Spotlight.

Construction 120

Construction Software Software Accounting 120

Construction Business Owner

OCTOBER 25, 2011

Industry News. Industry Statistics. And when I started Foundation Software in 1985, on top of what I was learning on the fly, I made it a point to actively seek out knowledge, learning as much as I could about management, sales & marketing, leadership, technology, and the industry itself! Equipment Management. Publications.

Construction 120

Construction Software Software Accounting 120

Construction Business Owner

JANUARY 31, 2012

Industry News. Industry Statistics. Public Exposure and Liability on Construction Sites. Equipment Management. Resource Center. Equipment and Services Directory. Ask the Expert. Hardhat Connect. Forms and Checklists. Seminars and Tradeshows. Product Spotlight. Auction Calendar. Publications. Wally Evans Blog. Recent Posts.

Construction 185

Construction Software Software Accounting 185

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. Public Exposure and Liability on Construction Sites. Equipment Management. Resource Center. Equipment and Services Directory. Ask the Expert.

Construction 120

Construction Software Software Cash Flow 120

Construction Business Owner

JUNE 29, 2012

Industry News. Industry Statistics. Public Exposure and Liability on Construction Sites » Better Project Management through Better Communication. Public Exposure and Liability on Construction Sites. Equipment Management. Resource Center. Equipment and Services Directory. Ask the Expert. Hardhat Connect. foundation.

Construction 136

Construction Documentation Software Software 136

Construction Business Owner

DECEMBER 20, 2011

Industry News. Industry Statistics. Public Exposure and Liability on Construction Sites. Equipment Management. Resource Center. Equipment and Services Directory. Ask the Expert. Hardhat Connect. Forms and Checklists. Seminars and Tradeshows. Product Spotlight. Auction Calendar. Publications. Wally Evans Blog. Recent Posts.

Software 120

Software Software Construction Accounting 120

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. Equipment Management. Resource Center.

Construction 120

Construction Software Software Injury 120

Construction Business Owner

MAY 29, 2012

Industry News. Industry Statistics. Public Exposure and Liability on Construction Sites. Equipment Management. Resource Center. Equipment and Services Directory. Ask the Expert. Hardhat Connect. Forms and Checklists. Seminars and Tradeshows. Product Spotlight. Auction Calendar. Publications. Wally Evans Blog. Recent Posts.

Construction 120

Construction Software Software Cash Flow 120

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. Banks are attracted to profitable business. Public Exposure and Liability on Construction Sites. Equipment Management. Resource Center.

Banking 120

Banking Construction Cash Flow Finance 120

Construction Business Owner

FEBRUARY 2, 2012

Industry News. Industry Statistics. In the end, jobs must translate to bottom-line profitability.” With the state of the construction industry predicted to remain relatively flat in 2012, it may be time to play “moneyball.”. Public Exposure and Liability on Construction Sites. Equipment Management. Resource Center.

Construction 120

Construction Software Software Accounting 120