Construction Business Owner

OCTOBER 29, 2021

Strategic planning always seems to come back to a question of how to grow a business profitably. Going from $50 million to $100 million seems like a linear equation; achieve $50 million more in sales and add the commensurate level of resources to achieve that revenue. Fri, 10/29/2021 - 07:30. If only it were that simple.

Profitability 296

Profitability Project Management Infrastructure Resource 296

Construction Marketing

JUNE 19, 2013

Fortunately, a new resource is available to offer some insights and guidance on building a marketing strategy. Trends show that the building industry is taking steps to recover and will continue to improve throughout the rest of 2013.

Resource 226

Resource Contractors Bidding Profitability 226

Job Order Contracting

NOVEMBER 21, 2023

cost per square foot, linear foot, or unit) for materials, labor hours, or other resources. Overhead and Profit: Factor in overhead costs and profit margins using the establish/accepted coefficient. These are essential for covering indirect costs associated with the project and ensuring a reasonable profit for the contractor.

Contract 190

Contract Overhead Estimating Profitability 190

Construction Business Owner

OCTOBER 29, 2021

Strategic planning always seems to come back to a question of how to grow a business profitably. Going from $50 million to $100 million seems like a linear equation; achieve $50 million more in sales and add the commensurate level of resources to achieve that revenue. Fri, 10/29/2021 - 07:30. If only it were that simple.

Profitability 177

Profitability Project Management Infrastructure Resource 177

Autodesk Construction Cloud

AUGUST 31, 2022

Autodesk is launching Digital Builder Insider — a collection of resources from industry leaders and up-and-coming thinkers immersed in the world of construction. ? . Mallorie co-founded Bridgit in 2014 with a simple mission: to help the construction industry maximize profits and reduce risk by taking a people-first approach.

Industrial 98

Industrial Resource Construction Autodesk 98

Construction Business Owner

OCTOBER 29, 2021

Strategic planning always seems to come back to a question of how to grow a business profitably. Going from $50 million to $100 million seems like a linear equation; achieve $50 million more in sales and add the commensurate level of resources to achieve that revenue. Fri, 10/29/2021 - 07:30. If only it were that simple.

Profitability 156

Profitability Project Management Infrastructure Resource 156

Construction Enquirer

MAY 25, 2023

While the firm restored revenue to pre-pandemic levels, its profit margin almost halved to 3.5% This resulted in pre-tax profit slipping by nearly a fifth to £3.8m Hertfordshire-based concrete frame specialist Getjar achieved a 48% jump in revenue to £108m last year. eroded by material and labour rises on fixed-price jobs.

Profitability 89

Profitability Concrete Resource Materials 89

Construction Business Owner

APRIL 20, 2023

Adopting software doesn’t mean you have to change processes or workflows — it’s about enhancing them with automation, reporting, historical record keeping and bulk actions that improve your business performance and profitability.

Software 282

Software Software Contractors Electrical 282

Autodesk Construction Cloud

DECEMBER 12, 2021

Below, let’s discuss the importance of construction KPIs and critical metrics your company should be measuring to affect profits and productivity. Similarly, although basic construction project metrics concern costs and time, profit isn’t the only performance issue to measure. Key Takeaways. Average revenue per hour worked.

Profitability 52

Profitability Products CFMA Construction 52

HardHatChat

FEBRUARY 14, 2024

They are a fantastic resource. Our clients are also a resource for approved contractors whom they have worked with in the past. Timely completion of tasks reduces labor expenses, prevents costly rework, and avoids project schedule overruns, ultimately maximizing project profitability. Our client’s value this as well.

Commercial 295

Commercial Construction Schedule US 295

Job Order Contracting

MARCH 1, 2022

Contractors must evaluate multiple factors in addition to the associated use of their own capabilities and resources. General / Prime Contractor Profit and risk. Creating a JOC coefficient is an important part of any Job Order Contract. Labor (Both during Normal Work Hours and Outside of Normal Work Hours). Materials. Equipment.

Insurance 230

Insurance Compensation Overhead Security 230

Contractor Bookkeeping

SEPTEMBER 5, 2013

All Construction Contractors Get Referrals which some turn out to be profitable some turn out non-profitable. The key is getting more profitable leads and fewer not-profitable leads. Most Profitable Lead Referrals come from your clients and most not-profitable lead referrals come from customers.

Profitability 49

Profitability Contractors Accounting Income 49

Construction Equipment

AUGUST 25, 2015

BHP Billiton reported a net profit of $1.91 Production increases from projects planned when prices were booming have led to global over-supply, at a time when the economy in China, the world's biggest buyer of many resources, is retracting. billion for the year through June, down from $13.83

Profitability 48

Profitability Resource Plans Products 48

Construction Business Owner

APRIL 20, 2023

Adopting software doesn’t mean you have to change processes or workflows — it’s about enhancing them with automation, reporting, historical record keeping and bulk actions that improve your business performance and profitability.

Software 177

Software Software Contractors Electrical 177

Construction Business Owner

OCTOBER 20, 2014

As construction and design firms are using BIM software and other resources to improve construction efficiency, that integration is only going to increase. This affects the management of the project, insurance, bonds and, ultimately, profit on a project.'

Liability 207

Liability Legal Design Insurance 207

BD+C

OCTOBER 12, 2023

Open to companies of all sizes, CIW provides educational and business resources for the construction industry, including craft and jobsite crews, office teams, and industry affiliates. Resources are flexible, allowing firms to plan activities at any scale within their organizations or projects.

Puerto Rico 52

Puerto Rico Construction Resource Organization 52

Viewpoint Construction Technology

FEBRUARY 12, 2019

At a bare minimum, you’ll need the following for your accounting function: profit and loss report, balance sheets, trial balance and trading summaries. These basic reports are critical to business profit and loss, and if your system can’t seamlessly pull them all in a flash it’s time to take a look at what else is out there.

Cash Flow 130

Cash Flow Software Software Accounting 130

Construction Enquirer

JUNE 14, 2023

pre-tax profit from £61.6m “At a time when resources are increasingly a limiting factor across the industry, we give our clients heightened confidence of reliable delivery performance. Latest results for the year to 31 December 2022 show group revenue up to £1,491m from £1,274m last time generating £44.5m

Modeling 104

Modeling Sustainability Profitability Employment 104

PSMJ Resources

OCTOBER 6, 2011

PSMJ Resources Inc. Awards were given to 54 top A/E industry firms for outstanding financial and customer service performance PSMJ Resources, Inc., Awards were given to 54 top A/E industry firms for outstanding financial and customer service performance PSMJ Resources, Inc., PSMJ Resources, Inc. Thursday, October 6, 2011.

Resource 46

Resource Consulting Engineering Architecture 46

Contractor Bookkeeping

DECEMBER 24, 2012

A lot of contractors like yourself have asked for ideas on how to find more opportunities and increase your sales so I would like to share one of our resources; Footwork Express. From time to time flyers sent to realtors have resulted in profitable work for contractors.

Seattle 66

Seattle Resource Contractors Office 66

Contractor Bookkeeping

DECEMBER 25, 2020

Year over year and regardless of the economy, one thing never changes; 20% of the contractors earn and keep 80% of the profits because they have a Business Process Management Strategy like our Contractors Success M.A.P. that tells them how, what, when, where and why to focus their limited resources on the M.A.P.

Accounting 67

Accounting Products Contractors Profitability 67

Job Order Contracting

MAY 6, 2022

Shared profit and risk and jointly developed project goals and values are keystones for team alignment for any project. Resources & Facilitation. contact-form] Learn more about… Choosing IPD & Lean. Team Selection. Developing Contract. Developing Parties. Decision Structure. Clarity of Goals. Team Alignment. Team Culture.

Procurement 216

Procurement Plans Construction Life Cycle 216

Fieldwire

SEPTEMBER 6, 2023

We started Fieldwire to help construction contractors empower their teams, drive field productivity and create stronger, more profitable companies,” said Yves Frinault, Fieldwire’s co-founder & CEO. It has been a win-win for both parties, whether in terms of new business opportunities or future growth plans.

Software 97

Software Software Products Construction 97

Contractor Magazine

AUGUST 11, 2017

Your fleet is at once the lifeblood of your company and a three-tiered chess match pitting your resources against your service area. Winning the game means success for your company so, like it or not, you need a fleet management system.

Management 46

Management Profitability Resource 46

Safety Services Company

DECEMBER 1, 2023

If both have all the resources needed to complete a job, why does Bob continue to stand out? Rigorous oversight, extensive use of Personal Protective Equipment (PPE), and investment in safety and compliance training drive Bob’s profits well above industry averages. Here’s where things change.

Safety 115

Safety Bidding Contract Liability 115

Construction Business Owner

JULY 14, 2015

As a business owner, you have dozens of decisions to make about allocating equipment assets and labor resources to projects you have been hired to complete. Additionally, if the equipment doesn't exist in your fleet, what is the most effective method for securing it?

Profitability 120

Profitability Security Equipment Resource 120

HardHatChat

OCTOBER 17, 2022

This underscores the importance of hiring a seasoned general contractor that not only has a proven track record completing jobs on schedule, but also a strong network of reliable, local subcontractor resources that can be counted on to meet the project timeline.

Retail 296

Retail Green Construction Regulation 296

Viewpoint Construction Technology

JUNE 12, 2018

If so, make sure to swing by the Viewpoint booth (#311) or join us for a special technology forum to see the latest technologies designed to help contractors boost productivity and profit margins. Advancing Construction Software.

CFMA 165

CFMA Conference Viewpoint Construction 165

Lets Build

MARCH 31, 2022

For example, the scale and complexity of a general contractor’s projects play a large role in their overall salary—complex commercial projects that require managing a massive amount of resources and take months or years to complete typically pay a lot more than residential renovation projects.

Contractors 148

Contractors Profitability Management Schedule 148

Contractor Bookkeeping

JANUARY 26, 2024

Scaling is about increasing your revenue without proportionately increasing your resources—fancy yet practical, right? When you're ready to take your construction business to the next level, you might start thinking about "scaling." No, it's not just a fancy term for growth; it's about doing more with less.

Resource 92

Resource Construction Profitability Contractors 92

Contractor Bookkeeping

FEBRUARY 26, 2021

As a construction business owner, you operate in a multi-faceted changing environment doing the impossible with limited time, money, and resources on every project, and soon as one is finished, another one is waiting for you. You are highly skilled, intelligent, and adaptable.

Contractors 76

Contractors Banking Profitability Resource 76

Construction Marketing Ideas

JUNE 27, 2012

Michael Stone’s classic Markup and Profit book , originally written in 1998, has become an essential guide to contractors hoping to succeed — even survive — in the contracting business. Among other resources, Stone reminds us that if we are to succeed in the business, we need some core competencies and resources.

Profitability 54

Profitability Overhead Residential Resource 54

PSMJ Resources

SEPTEMBER 24, 2012

Successful branch office managers are good candidates because they: • Operate the branch office as a profitable entity. They’re experienced in profit accountability, since they must demonstrate and achieve financial viability as a branch. • Keep up-to-date on human resource issues. PSMJ Resources, Inc.

Resource 43

Resource Management Office Profitability 43

PSMJ Resources

JUNE 5, 2012

PMs often complain that they fail to earn budgeted profits. for quality, speed, and profitability. PSMJ Resources, Inc. Subscribe To PSMJ Resources, Inc. Importance of Human Resources. PSMJ Resources Focuses on the Future in 2012 A/E/C. About PSMJ Resources. PSMJ Resources, Inc. Newer Post.

Resource 43

Resource Management Budgeting Budget 43

Contractor Bookkeeping

MARCH 27, 2020

(Note: We are tracking the latest construction industry news and online resources for contractors in time of COVID-19). While improving employee productivity should always be a priority when the ultimate goal is a sustainable and profitable business, the process is easier said than done.

Products 72

Products Construction Profitability Project Management 72

PSMJ Resources

JULY 11, 2013

PSMJ Resources, Inc. , PSMJ’s exclusive Circle of Excellence is designed to highlight firms that are successfully managed, based on 13 key performance metrics that demonstrate outstanding achievements in profitability, overhead, cash flow, productivity, business development, staff growth, and turnover. PSMJ Resources, Inc.

Resource 58

Resource Cash Flow Las Vegas Consulting 58

Job Order Contracting

FEBRUARY 20, 2019

Control project performance factors.

Construction 100

Construction Renovating Resource Procurement 100