Construction Business Owner

APRIL 26, 2012

STRATEGY |. Customer Collaboration & Construction Software » Staying Focused in the Fight Against Profit Fade. Just about every contractor has been there — a project starts out strong but, as it moves forward, delays and incidental added work and changes knock dollars and cents off of the bottom line. MANAGEMENT |.

Change Orders 120

Change Orders Construction Profitability Software 120

Autodesk Construction Cloud

DECEMBER 31, 2021

The magic of data doesn’t lie in one number or individual stat; it’s about what you can do with a larger set of information. Under this framework, you start with a data point. An example of a data point might be the number of overhead mechanical racks installed on the job that day, or logging the root cause of a safety incident.

Risk 52

Risk Management Construction Autodesk 52

Construction Business Owner

JANUARY 5, 2012

STRATEGY |. As we begin the New Year, many of us are also starting new resolutions – lose weight, exercise more, spend more time doing a hobby, etc. I know I’ve noticed a lot more people at the gym in the last few days. Know your cost to complete and keep track of how far along in a project you actually are.

Construction 120

Construction Software Software Accounting 120

Construction Business Owner

MARCH 22, 2012

STRATEGY |. Lessons in Construction Leadership » Marketing Your Construction Business. This week, I thought I’d take a break from discussing the usual construction business management topics, and focus on marketing your business. After all, without some type of marketing, people and other companies won’t know about you!

Construction 120

Construction Software Software Accounting 120

Autodesk Construction Cloud

OCTOBER 21, 2022

Construction bids are critical to winning more work, so it pays to have a solid understanding of what they entail and what you can do to improve your bidding performance. . In this comprehensive guide, we’ll cover everything you need to know about construction bids. Further Your Reading with our Collection of eBooks.

Bidding 52

Bidding Construction Contractors Contract 52

Viewpoint Construction Technology

OCTOBER 18, 2018

Moving to one vendor master, one general ledger master – just by default the structure of the software allowed us to break down siloes and started the people talking. The strongest companies are the ones that have a strong data strategy,” Blanco said. We literally had nine libraries with distinct information in them in our old system.

Viewpoint 167

Viewpoint Innovation Electrical Mobility 167

Construction Marketing Ideas

AUGUST 9, 2015

There aren’t universal answers to this question: Which general marketing methods in this list have resulted in profitable business for your organization. The only guideline is they have been profitable for you in the last year. Pushy, assertive in-your-face selling efforts will likely be rebuffed.

Profitability 48

Profitability Organization Guidelines Resource 48

Pro Builder

FEBRUARY 4, 2021

Home Building by the Numbers. The Shinn Group’s long-running Fin-Op analysis, backed by decades of data, offers builders a road map to profitability and a benchmark of performance. Predicting Profit: How to Know Your Margin Before You Close. Predicting Profit: How to Know Your Margin Before You Close.

Profitability 52

Profitability Finance Housing Compensation 52

Construction Marketing Ideas

OCTOBER 8, 2015

Here is the most important question you should ask whenever you think about architectural, engineering and construction marketing: How much easier will it be for you to develop new business at prices/volume that are profitable? More leads, more willingness to pay your “top price”, more profitability.

Profitability 48

Profitability Construction Contractors Income 48

Construction Business Owner

OCTOBER 26, 2011

STRATEGY |. You probably remember the telephone game from when you were in school – the one where you start with a sentence and whisper it to a friend, who whispers it to another, and so on. I know a lot of contractors are getting into bidding season, and this got me thinking about communication. MANAGEMENT |. ACCOUNTING |.

Construction 159

Construction Software Software Bidding 159

The Korte Company

SEPTEMBER 6, 2018

Naturally, owners want to know how much they’ll need to invest if it’s time to build. Consider this word of caution: Online calculators that give you a round number based on your planned square footage won’t cut it. It starts with the equipment responsible for generating cold air. Powerful ammonia HVAC systems.

Construction 69

Construction Illinois Concrete Electrical 69

Autodesk Construction Cloud

DECEMBER 3, 2021

How Proper Planning Can Help Keep Your Project on Budget. To know how to address cost overruns in construction projects, it’s important to understand the root of the problem. Estimating the project accurately can even be started in the RFP process. Inaccurate Project Estimates.

Budgeting 52

Budgeting Budget Construction Software 52

Contractor Bookkeeping

MARCH 16, 2013

Do any of these things apply to your situation? You started your construction company within the past five years. You need to know which jobs are most profitable and how to get more of them. You have been in your construction company more than five years.

Contractors 48

Contractors Cash Flow Profitability Remodeling 48

Contractor Bookkeeping

MARCH 16, 2013

Do any of these things apply to your situation? You started your construction company within the past five years. You need to know which jobs are most profitable and how to get more of them. You have been in your construction company more than five years.

Contractors 48

Contractors Cash Flow Profitability Remodeling 48

Contractor Bookkeeping

AUGUST 25, 2014

In normal times, contractors who pay close attention to their Five Key Performance Indicators financial reports and stay aware of the macro global economy and the micro local economy can plan ahead and earn a normal profit after paying the owners a reasonable salary. When you know the answers, the questions will not bother you!

Contractors 48

Contractors Accounting Hawaii Profitability 48

Pro Builder

NOVEMBER 29, 2022

How to figure out proper staffing in your purchasing department to balance costs and value with profitability. As a home builder, it’s important to maintain proper staffing levels within your purchasing department. Still, how do you know what proper staffing levels should be to balance costs and value to your profitability? .

Change Orders 98

Change Orders Resource Profitability Plans 98

Levelset

SEPTEMBER 28, 2022

Our list of the best construction podcasts of 2022 will help you find shows to help you grow your knowledge, career, and business. Starting a career in construction is a lot like a construction project. Eddie and Tyler Campbell are brothers who started working with their dad in the construction industry during their teenage years.

Construction 52

Construction Schedule Safety Industrial 52

Autodesk Construction Cloud

JUNE 26, 2023

While productivity has never been so high, profits and margins are still very low for most businesses. Most of my work involves meeting with executives from AEC firms to help them with their corporate strategy. It has been easy to observe that they already have a digital transformation strategy, plan, and roadmap.

Construction 52

Construction Innovation Modeling Sustainability 52

Contractor Bookkeeping

AUGUST 4, 2014

Ever Wonder Why Some Competitors Seem To Have More Cash Flow And Profit Than You? You may not like what I have to say; just know I am sharing what works, not what should work. 3 Innovate and improve continuously everything in your construction company. #4 2 Develop a system to produce predictable results with ordinary people. #3

Profitability 49

Profitability Contractors Accounting Documentation 49

Construction Business Owner

OCTOBER 10, 2011

STRATEGY |. Ideas start flowing and problems are solved. They are the ones who take the time to reflect and engage in strategic planning–and perhaps most importantly understand how to crunch the numbers. Let us know! You can leave a response , or trackback from your own site. MANAGEMENT |. ACCOUNTING |.

Construction 120

Construction Software Software Accounting 120

Contractor Bookkeeping

SEPTEMBER 20, 2013

They Know The Secret To Building Wealth. Is All About Strategy Not Tactics! It Had To Start Over And Produce Results Or Decay In Ruin. It Had To Start Over And Produce Results Or Decay In Ruin. It Was Mentored By Numbers Cruncher, Dr. W. Business Processes Development For Winning Strategies. Edward Deming.

Profitability 50

Profitability Contractors Accounting Montana 50

Contractor Bookkeeping

OCTOBER 1, 2013

They Know The Secret To Building Wealth. Is All About Strategy Not Tactics! It Had To Start Over And Produce Results Or Decay In Ruin. It Had To Start Over And Produce Results Or Decay In Ruin. It Was Mentored By Numbers Cruncher, Dr. W. Business Processes Development For Winning Strategies. Edward Deming.

Profitability 48

Profitability Contractors Accounting Montana 48

Contractor Bookkeeping

JULY 27, 2012

Please feel free to share them with your friends, relatives and most importantly contractors as they will appreciate the humor and perhaps find value in the words of wisdom we are sharing. Bad Numbers - Lead to bad decisions / cash shrinks / business unstable / bankruptcy or failure.

Contractors 63

Contractors Cash Flow Construction Accounting 63

Contractor Bookkeeping

FEBRUARY 28, 2014

Your Construction Contracting Company. There are several more reasons you do what you do including the satisfaction you get from getting the job done, the thanks and appreciation from your customers and clients and the freedom and satisfaction of being in control of your financial destiny. They are your children; so it''s O.K.

Profitability 48

Profitability Contractors Cash Flow Accounting 48

Contractor Bookkeeping

OCTOBER 4, 2013

Starting Or Re-Starting A Construction Company Is Easy. If You Know Exactly What To Do. 99% of your success will depend on whether you follow directions or try to re-invent the wheel. Three Steps To A Paradigm Shift: #1 Unfreeze - Being open to a new idea that is in agreement with your core values. #2

Profitability 48

Profitability Construction Accounting Cash Flow 48

Help Everybody Everyday

AUGUST 19, 2009

After a few months of this, the two boys wonder where all the profits went. Bobby says, “I know the solution. Unfortunately, there are many types of services and pricing strategies in this industry. Depending on your client, travel may be considered a reimbursable expense. We need a bigger truck!”. Pricing Formats .

Overhead 63

Overhead Profitability Accounting Office 63

Autodesk Construction Cloud

DECEMBER 20, 2021

Construction managers know when to say no, especially when scope creep or unrealistic requests occur. Several resources for construction managers can take your skills to the next level, like the Associated General Contractors of America or Engineering News-Record. Enthusiasm has the potential to boost motivation and productivity.

Project Management 52

Project Management Management Construction Risk 52

Construction Business Owner

NOVEMBER 10, 2011

STRATEGY |. Often times, we tend to get complacent and start thinking ‘if nothing bad has happened thus far, then we must be doing it right.’. The next day I started early and de-limbed the trees from the previous day so the logs could be taken away. What kinds of practices keep you and your crew safe on a daily basis?

Construction 120

Construction Software Software Safety 120

Levelset

JUNE 21, 2022

Growth opportunities exist now and on the horizon, and it’s up to you to structure your business to capture them. Taking the time to evaluate and position your business now can help set you up for success for years to come. So read on to learn about strategies for cash flow, sales, finance, marketing, operations, staff, and leadership.

Cash Flow 98

Cash Flow Accounting Profitability Residential 98

Levelset

JULY 22, 2022

If you’re looking to start a roofing business, it’s the perfect time to flip the switch. Moving from working as a roofing contractor to starting your own business may feel a bit dizzying, but it doesn’t have to be. Starting a business starts with the legal and logistical nuts and bolts that get you ready for growth later on. .

Cash Flow 52

Cash Flow Overhead Accounting Profitability 52

Help Everybody Everyday

NOVEMBER 22, 2016

How could that answer change your life? He also shares tremendous insights on getting clients to accept your initial price and the powerful concept of “Pre-Suasion” that takes center stage in his new book by that title. That’s great to know because my wife is always trying to buy furniture and I’ll send her to the pennies site now.

US 48

US IDEA Budgeting Budget 48

Levelset

JULY 18, 2022

If you’re looking to start a plumbing business, it’s the perfect time to get with the flow. Moving from working as a plumber to starting your own business may seem like a lot of (water) pressure, but it doesn’t have to be. Get the proper license and insurance according to your state’s requirements.

Cash Flow 52

Cash Flow Accounting Profitability Legal 52

Construction Business Owner

OCTOBER 10, 2011

STRATEGY |. If that individual leaves, their spreadsheet’s days are numbered. Knowing when to use Enterprise Software or Speadsheets. What started as vague discomfort at using spreadsheets for some of my work turned into a lesson that I’m applying in my job creating construction operations software. MANAGEMENT |.

Construction 120

Construction Software Software Accounting 120

Constructor Marketing that Works

MARCH 14, 2013

Your technical expertise tends to blur the importance of getting and keeping customers to actually PAY for that skill. Thats why weve assembled the best plumbing, electrical and hvac marketing strategies onto one site. He soon realizes that it’s actually helpful to sell something at a profit. Thursday, March 14, 2013.

Contractors 53

Contractors Profitability Electrical Organization 53

Levelset

JULY 15, 2022

If you’re looking to start an electrical business, it’s the perfect time to flip the switch. Moving from working as an electrician to starting your own business may feel a bit shocking, but it doesn’t have to be. Get off to a good start with registration, licensing, & insurance. Set goals for your business.

Electrical 52

Electrical Cash Flow Accounting Profitability 52

Contractor Bookkeeping

JUNE 18, 2013

Please read objectively and assess your strengths and weaknesses in each area. Whatever is in your best interest will occur. Three Steps To A Paradigm Shift: #1 Unfreeze - Being open to a new idea that is in agreement with your core values. #2 3 Refreeze - Closing the portals of your mind for now.

Cash Flow 48

Cash Flow Construction Change Orders Contractors 48

Levelset

JULY 19, 2022

If you’re looking to start a painting business, it’s time to get rolling — or brushing, or spraying. It’s an excellent time to consider starting a painting company, as both the residential and commercial sectors are experiencing a wave of new construction, and that means opportunities for painters. Set goals for your business.

Cash Flow 52

Cash Flow Accounting Profitability Residential 52