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5 Ways Contractors Can Improve Profitability

Construction Business Owner

5 Ways Contractors Can Improve Profitability. Your accounting team has an opportunity to make a major contribution to your firm’s bottom line. By following project accounting best practices as they manage budgets and billing, they can help ensure the profitability of each project. Accounting & Finance. Main Image.

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Contractors Everywhere are Overpaying on Payroll

Contractor Bookkeeping

Let’s put a number on those savings: a construction company with eight employees paid $15/hour, will save close to $5000 a year. Back at home base, employee and project hours are visible in real-time, overtime alerts have been set (saving even more money) invoicing is immediate and job costing - more accurate and profitable.

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How Construction Finance Leaders Can Drive Employee Engagement

Construction Business Owner

How Construction Finance Leaders Can Drive Employee Engagement 3 key strategies to better overcome staffing challenges in today’s competitive market mhodges Thu, 06/01/2023 - 13:29 Older generations of workers are retiring while others are considering careers in different industries or choosing not to return to work.

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The Blueprint for Better Expense Management

Construction Business Owner

How Construction Companies Can Boost Cash Flow and Profitability. How your company pays for purchases and manages expenses impacts your employees, your customers, and your key business metrics, including profitability. Streamline the accounting process. Track job costs more accurately for better profit margins.

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Combat Quiet Quitting With These 3 Strategies

Construction Business Owner

As a result, construction companies have to find new ways to work more efficiently and meet the desires of the current workforce by providing flexible options. According to Gallup, highly engaged employees increase profitability, productivity and customer loyalty. That’s why driving employee engagement is more important than ever.

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40 Under 40: Champions of Construction 2021

Autodesk Construction Cloud

If the resilience seen this year has shown construction professionals anything, it’s that this industry, and the people who work in it, are remarkable. There’s nothing like AEC, and this year’s 40 Under 40: Champions of Construction have demonstrated their ability to inspire, educate, and advance the industry in ways worth admiring.

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Housing, Industrialized: Your Road Map to Off-Site Construction

Pro Builder

Housing, Industrialized: Your Road Map to Off-Site Construction. About 15 years ago, the California-based builder Wathen Castanos Homes agreed to be a “guinea pig” for testing the construction of a single home using prefabricated wall panels made by a supplier in Nevada. From Stick Building to Off-Site Construction.

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