Construction Business Owner

AUGUST 18, 2011

Product Spotlight. And that seemed to strike a chord with some of you, so I figured I’d talk more about government jobs, and what you need to be prepared to bid on them. Other common reports bonding agents will look at include income statements, balance sheets, statements of cash flow, and job specific invoice aging reports.

Cash Flow 168

Cash Flow Software Software Accounting 168

Pro Builder

APRIL 19, 2021

The construction industry has gone through an extensive transformation, and technology has completely changed the concept of how to drive more quality, productivity, and profit into projects. 2) Time & Productivity Management. Integrated mechanical contractor software enables complete command over projects with added productivity.

Software 52

Software Software Contractors Change Orders 52

Construction Business Owner

JANUARY 12, 2012

Product Spotlight. ” » The Expensive Process of Bidding. Without spending money bidding projects, you can’t get jobs to make money building them. With more people bidding on fewer jobs, the market is much more competitive. Reduce Bidding Costs. Equipment Management. Resource Center. Ask the Expert.

Bidding 149

Bidding Construction Documentation Software 149

Construction Business Owner

JANUARY 5, 2012

Product Spotlight. Evaluate Bidding Strategy. There are fewer projects to bid and what projects are available are being bid by more people. Consequently, the bidding climate is very competitive with some work going to people bidding below cost. Equipment Management. Resource Center. Ask the Expert.

Construction 120

Construction Bidding Software Software 120

Construction Business Owner

OCTOBER 26, 2011

Product Spotlight. I know a lot of contractors are getting into bidding season, and this got me thinking about communication. Communication is an important element throughout any construction project, but given the time of year, I thought I’d focus on the communication difficulties faced during the bidding process. productivity.

Construction 159

Construction Software Software Bidding 159

Pro Builder

NOVEMBER 16, 2022

Product and Price Point. These methods range from broad “back-of-the-napkin” calculations to detailed cash-flow models for each community and land parcels you own or control. . Typically, these methods triangulate to a valuation range that determines the price a potential buyer is willing to bid.

Inventory 98

Inventory Cash Flow Profitability Deals 98

Constructlaw

SEPTEMBER 10, 2020

For public contractors, as the current backlog of work is burned off, the scarcity of future work can significantly strain cash flow and possibly the viability of the company. It is imperative to remain disciplined in bidding, watch your margins, stay within the geographical footprint and industry sectors.

Industrial 52

Industrial Union Contract Claims 52

Construction Business Owner

JANUARY 5, 2012

Product Spotlight. It’s often easy to bid on a job, start work, and miscalculate how far along in the project you are versus the amount of money you’ve spent. This year, I encourage you to close the gap between your bids, your projections, and the actual cost of the project. productivity. Equipment Management. foundation.

Construction 120

Construction Software Software Accounting 120

Construction Business Owner

APRIL 26, 2012

Product Spotlight. Meet with them before every project to discuss not only the contractual provisions for scope of work and change orders, but also what you bid and why. The profit you calculate when bidding a job can fluctuate dramatically as work progresses. productivity. Equipment Management. Resource Center.

Change Orders 120

Change Orders Construction Profitability Software 120

Construction Business Owner

APRIL 2, 2011

Product Spotlight. For those of you contractors doing government work: relish the competition involved with bidding. 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. productivity. Equipment Management.

Construction 159

Construction Software Software Accounting 159

Construction Business Owner

NOVEMBER 3, 2011

Product Spotlight. Gregg is a consultant with FMI and specializes in the areas of productivity and project management. In addition to providing critical insight to a bid, tender or proposal, the theoretical “buy-in” to the process from the field manager is invaluable. productivity. Equipment Management. Resource Center.

Construction 120

Construction Software Software Accounting 120

Cassell Construction Estimating

JUNE 4, 2009

Our commitment is expertise with those systems, to help our customers get maximum efficiency and productivity from that investment. The trends of the last quarter are continuing – decreasing profit margins, more bidders on every job, and at times companies bidding what appears to be downright foolishly.

Montana 100

Montana Hawaii Bidding Cash Flow 100

Construction Business Owner

JANUARY 12, 2012

Product Spotlight. The Expensive Process of Bidding » Save Time, Resources – File Electronically. productivity. Equipment Management. Resource Center. Equipment and Services Directory. Ask the Expert. Hardhat Connect. Industry News. Forms and Checklists. Seminars and Tradeshows. Auction Calendar. Industry Statistics.

Construction 136

Construction Software Software Accounting 136

Construction Cost Estimating

MAY 23, 2012

Small home builders and contractors can improve their estimating process with Job Simplicity, a product suite from HomeFront Software. Small home builders and contractors can improve their estimating process with Job Simplicity, a product suite from HomeFront Software. Estimating tools for unit take ‐ off and bid management.

Estimating 55

Estimating Software Software Sage 55

Contractor Bookkeeping

JULY 27, 2012

Assets of Company - Cash / Receivables – Payables / Trucks / Tools / Equipment / Material. Assets of Firm - Cash / Business Process / Sales Process / Client List / Predictable Cash Flow. BCG Matrix - Graphical representation of Cash Cows / Rising Stars / Question Marks / Dogs.

Contractors 63

Contractors Cash Flow Construction Accounting 63

Construction Business Owner

JANUARY 26, 2012

Product Spotlight. Well, I’m now in Vegas, and as some of you may already know, Dexter + Chaney has a new product line! I don’t usually discuss Dexter + Chaney’s products, but I am too excited after the many months of hard work and interviewing industry experts not to introduce Venture Project Collaboration Software. foundation.

Construction 120

Construction Software Software Documentation 120

Construction Business Owner

DECEMBER 9, 2011

Product Spotlight. Production and quality are generally put first with safety generally being an after thought. In fact, project managers should worry about implementing more safe practices because it can affect the way they bid on jobs. productivity. Equipment Management. Resource Center. Ask the Expert. Hardhat Connect.

Construction 136

Construction Insurance Software Software 136

Construction Cost Estimating

JUNE 16, 2010

We also offer other estimating services like cost modeling, cash flow projection, life cycle costing, change order management, job order costing, best value analysis and hard bid estimates. All quantities and scheduled tasks were represented in production and nothing was overlooked.

Estimating 40

Estimating Architecture Cash Flow Life Cycle 40

Levelset

JULY 19, 2022

As you get deeper into the process, you’ll get to tackle challenges with cash flow, marketing, hiring, and more. What kinds of jobs are they bidding on? Keep the cash flowing as smoothly as your paint. Here’s a little-known fact about growing a painting business: It can be incredibly cash-hungry.

Cash Flow 52

Cash Flow Accounting Profitability Residential 52

Levelset

JULY 18, 2022

As you get deeper into the process, you’ll get to tackle challenges with cash flow, marketing, hiring, and more. What kinds of jobs are they bidding on? Keep the cash flowing through your financial pipes. Here’s a little-known fact about growing a plumbing business: It can be incredibly cash-hungry.

Cash Flow 52

Cash Flow Accounting Profitability Legal 52

Levelset

JULY 15, 2022

As you get deeper into the process, you’ll get to tackle challenges with cash flow, marketing, hiring, and more. What kinds of jobs are they bidding on? Keep the cash flowing like current on a hot line. Here’s a little-known fact about growing an electrical business: It can be incredibly cash-hungry.

Electrical 52

Electrical Cash Flow Accounting Profitability 52

Levelset

JULY 22, 2022

As you get deeper into the process, you’ll get to tackle challenges with cash flow, marketing, hiring, and more. What kinds of jobs are they bidding on? Keep the cash flowing like water down a valley. Here’s a little-known fact about growing a roofing business: It can be incredibly cash-hungry.

Cash Flow 52

Cash Flow Overhead Accounting Profitability 52

ProcurementExpress.com

FEBRUARY 11, 2019

It’s always been a struggle to get ahead of tight margins, cash-flow problems, and managing contracts. A study from McKinsey found that construction productivity only increased by one percent in the past 20 years. Bidding and Research Stage. Request for bids. Receive bids. Award contract.

Procurement 63

Procurement Plans Construction Budgeting 63

Building Information Management

JANUARY 15, 2016

Any large build portfolio owner who doesn’t have the ability to strategically plan, construction cost estimate, review contractor bids, conduct mutual site walks, monitor construction project in a transparent and consistent manner, etc. is simply not doing their job. The must be capable. It’s time for change.

Management 40

Management Renovating Cash Flow Life Cycle 40

Construction Business Owner

JANUARY 13, 2012

Product Spotlight. « The Expensive Process of Bidding. productivity. Equipment Management. Resource Center. Equipment and Services Directory. Ask the Expert. Hardhat Connect. Industry News. Forms and Checklists. Seminars and Tradeshows. Auction Calendar. Industry Statistics. Publications. Free Subscriptions. February 2009.

Construction 120

Construction Software Software Accounting 120

ProcurementExpress.com

FEBRUARY 11, 2019

It’s always been a struggle to get ahead of tight margins, cash-flow problems, and managing contracts. A study from McKinsey found that construction productivity only increased by one percent in the past 20 years. Bidding and Research Stage. Request for bids. Receive bids. Award contract.

Procurement 52

Procurement Plans Construction Budgeting 52

Construction Business Owner

APRIL 12, 2012

Product Spotlight. Additionally, you’ll want to keep track of the subcontractors and vendors you work with who are LEED certified or carry green products. A prequalification program that tracks vendors certification, will also help you when it’s time to start bidding on projects. productivity. Equipment Management.

Construction 120

Construction Certification Green Software 120

Construction Business Owner

SEPTEMBER 29, 2021

How Construction Companies Can Boost Cash Flow and Profitability. When the expense management process runs smoothly, your crew can keep jobs running, the accounting team can bill customers promptly and close the books on time, and your management team has the right data to manage budgets and bid future jobs. Greg Ragsdale.

Management 270

Management Virgin Islands Cash Flow Puerto Rico 270

Construction Business Owner

OCTOBER 14, 2011

Product Spotlight. But I have been surprised at the number of contractors who tell me that they have bid for jobs at break-even or at a loss. productivity. Tags: bidding , business development , change orders , construction , construction management , Dexter + Chaney , John Chaney. Equipment Management. Resource Center.

Change Orders 120

Change Orders Construction Software Software 120

Construction Business Owner

FEBRUARY 2, 2012

Product Spotlight. leadership decisions were relatively easy – who to hire, where to grow, which jobs to bid and how much margin to put on them. productivity. Equipment Management. Resource Center. Equipment and Services Directory. Ask the Expert. Hardhat Connect. Industry News. Forms and Checklists. Seminars and Tradeshows.

Construction 120

Construction Software Software Accounting 120

Construction Junkie

MAY 20, 2020

On the show, Booth discusses a variety of different construction topics, such as pre-bid contracts, general conditions reviews, tracking and monitoring project issues, and improving cash flow. The long running podcast, hosted by Tony Booth, is published 5 days a week and most are around 20 minutes long. Email Address. *.

Lien 116

Lien Construction Zoning Industrial 116

Construction Business Owner

NOVEMBER 17, 2011

Product Spotlight. With the number of companies bidding on each job increasing and the margins getting smaller, it is imperative that you know the true health of you fleet. productivity. Equipment Management. Resource Center. Equipment and Services Directory. Ask the Expert. Hardhat Connect. Industry News. Forms and Checklists.

Construction 136

Construction Software Software Equipment 136

Construction Business Owner

APRIL 4, 2011

Product Spotlight. – will ultimately determine if you are on the bid list or in the negotiating room for the next project. productivity. Equipment Management. Resource Center. Equipment and Services Directory. Ask the Expert. Hardhat Connect. Industry News. Forms and Checklists. Seminars and Tradeshows. Auction Calendar.

Construction 120

Construction Software Software Accounting 120

Construction Cost Estimating

APRIL 25, 2019

Sage facilitates you to produce bids rapidly, precisely and positively with takeoff and cost databases. As soon as the project is procured, estimate details flow automatically into Sage business management software, removing unnecessary tasks and data entry errors. Besides, customized reports can also be generated.

Bidding 40

Bidding Estimating Software Software 40

Autodesk Construction Cloud

JULY 8, 2021

A key piece is having the ability to see and compare how much specific items or tasks cost so you can correctly forecast and manage cash flow. . Overall, the standardization of cost codes is essential to saving time , raising productivity, reducing mistakes, increasing scalability, and building efficiencies. . Cost Control .

Construction 52

Construction Profitability Budgeting Budget 52

Contractor Bookkeeping

JUNE 19, 2013

Each one is just a little thing, a tiny process improvement that helps you be more efficient, have more cash flow and a better life. Too often contractors are too busy trying to get the job done they miss a lot of opportunities for increasing sales, profits and most important cash flow. Click here to learn more.

Profitability 48

Profitability Cash Flow Accounting Construction 48

Contractor Bookkeeping

JUNE 20, 2012

When They Ramp Up Production - There will be a short window of time when trade contractors who have been taking on work outside their expertise will find more profitable work in the fields they enjoy. However they must have research to support the belief they can allocate resources and generate an extremely high return on investment.

Seattle 51

Seattle Contractors Profitability Metro 51