Construction Business Owner

JANUARY 18, 2012

Home » Blogs. Mid-January is a time of reflection for many contractors. Querying different type of jobs in job costing to look at profitability by type. This entry was posted on Wednesday, January 18th, 2012 at 12:32 pm and is filed under Fred Ode Blog. David Brown Blog. Fred Ode Blog. Mark Reich Blog.

Construction 168

Construction Software Software Accounting 168

Construction Business Owner

FEBRUARY 16, 2012

Home » Blogs. » Contractors Seeking Credit Should Prepare to be Prepared. Bank lines of credit are lifelines for many contractors, yet convincing a bank to provide or renegotiate a line of credit is not easy. Banks are attracted to profitable business. David Brown Blog. Fred Ode Blog. Categories.

Banking 120

Banking Construction Cash Flow Finance 120

Construction Business Owner

NOVEMBER 8, 2011

Home » Blogs. It crystallizes our mission to make contractors’ jobs easier and we put that mission into our own words: “When better is possible, good is not enough.” For instance, Foundation Software’s vision is this: “To provide the best in accounting software and service for the labor intensive contractor.” Categories.

Construction 174

Construction Software Software Accounting 174

Viewpoint Construction Technology

FEBRUARY 7, 2019

Considering contractors face ongoing high pressure to perform and operate with razor-thin profit margins, there’s no doubt: construction is a challenging industry. Many contractors experience data frustrations ranging from waiting on IT to build a custom report to trying to make a critical business decision without proper data.

Contractors 161

Contractors Cash Flow Construction Management 161

Construction Business Owner

APRIL 5, 2012

Home » Blogs. And risk can be a profit center, since insurance companies obviously make money. Contractors work in the middle of a chain of risk passed onto them. People Management. Green Building. Construction Safety. Compliance/Regulations. Sales/Marketing. Equipment Management. Resource Center. Ask the Expert.

Risk 120

Risk Insurance Construction Software 120

Construction Business Owner

AUGUST 30, 2011

Home » Blogs. You know, lots of contractors using an off-the-shelf accounting program ask me the same question: Why is construction-specific accounting software so much more expensive? Construction-specific systems allow contractors to instantly track and analyze job progress and performance. David Brown Blog.

Construction 168

Construction Software Software Accounting 168

Levelset

JUNE 21, 2022

Also, the Air Conditioning Contractors of America estimate 13% job growth by 2030, outpacing the average across all industries. So read on to learn about strategies for cash flow, sales, finance, marketing, operations, staff, and leadership. Manage your cash flow as well as you handle air flow.

Cash Flow 98

Cash Flow Accounting Profitability Residential 98

Construction Business Owner

OCTOBER 26, 2011

Home » Blogs. I know a lot of contractors are getting into bidding season, and this got me thinking about communication. I know from my days as a general contractor that plans and specifications are altered continuously as subcontractors become involved, materials are changed, and change orders are issued. Fred Ode Blog.

Construction 159

Construction Software Software Bidding 159

Construction Business Owner

APRIL 26, 2012

Home » Blogs. 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.

Change Orders 120

Change Orders Construction Profitability Software 120

Construction Business Owner

MAY 29, 2012

Home » Blogs. Contractors in today’s marketplace are caught in the middle of a paper and paperless culture. Many contractors haven’t taken advantage of digital document solutions, and the ones that have are still dealing with high volumes of data. David Brown Blog. Fred Ode Blog. Jaron Stone Blog.

Construction 120

Construction Software Software Cash Flow 120

Construction Business Owner

NOVEMBER 22, 2011

Home » Blogs. Many contractors go into business because they’re great at what they do. I know a successful excavating contractor that took over his father’s grave digging business when he was younger. This entry was posted on Tuesday, November 22nd, 2011 at 11:29 am and is filed under Fred Ode Blog.

Construction 159

Construction Software Software Accounting 159

Construction Business Owner

JUNE 29, 2012

Home » Blogs. The contractor doing the work was working for the city at the time. Points to Ponder: It is the contractor’s responsibility to create a work area and zone free from hazards that could cause injury or harm to persons or property. The city was the “general contractor” and owner of this project.

Construction 120

Construction Safety Software Software 120

Construction Business Owner

APRIL 2, 2011

Home » Blogs. « Free Webinar on Reducing Profit Fade. For those of you contractors doing government work: relish the competition involved with bidding. This entry was posted on Saturday, April 2nd, 2011 at 7:30 am and is filed under Fred Ode Blog. David Brown Blog. Fred Ode Blog. Mark Reich Blog.

Construction 159

Construction Software Software Accounting 159

Construction Business Owner

APRIL 19, 2012

Home » Blogs. 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. This entry was posted on Thursday, April 19th, 2012 at 11:54 am and is filed under John Chaney Blog.

Construction 120

Construction Software Software Conference 120

Construction Business Owner

JULY 26, 2012

Home » Blogs. Anyone who regularly reads this blog or keeps up with technology can tell you that software, especially software for construction companies, is changing. Contractors are realizing that the typically separate operations and business management sides of their companies work better when they work together.

Software 136

Software Software Construction Documentation 136

Construction Business Owner

MAY 24, 2012

Home » Blogs. But the point at which the office meets the field – where job progress is tracked, profitability is calculated, invoices and change orders are processed – this is the point where bad (or no) communications between the field and the office results in diminished performance and profits. Categories.

Construction 120

Construction Software Software Iowa 120

Construction Business Owner

JUNE 29, 2012

Home » Blogs. Contractors need to proactively evaluate and address how project teams – including subs and vendors – are communicating. This is worth a blog topic of its own, so stay tuned for my next post in which I’ll share some thoughts on the intersection of document communication and project management.

Construction 127

Construction Documentation Software Software 127

Construction Business Owner

OCTOBER 10, 2011

Home » Blogs. What happens when construction expert George Hedley gathers 15 different contractors from all over the country, puts them in a room for 2 days and leads an open discussion? What I can tell you is encouraging: There are contractors who are succeeding in this economic climate. David Brown Blog.

Construction 120

Construction Software Software Accounting 120

Construction Business Owner

JULY 12, 2012

Home » Blogs. Sometimes in the evening when I’m working on a few things, such as this blog, I’ll also try to carry on a conversation with my wonderful and patient wife Sallie. Let’s look at a few important improvements that most contractors can make. David Brown Blog. Fred Ode Blog. Jaron Stone Blog.

Construction 136

Construction Documentation Software Software 136

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 Business Owner

AUGUST 19, 2011

Home » Blogs. One of my favorite parts of this job is getting to talk with professionals in the industry who work with contractors for a living. And, let’s face it: the kind of individual driven to be a general contractor is often not the kind that relishes tedious office work and long hours spent analyzing numbers.

Construction 120

Construction Software Software Accounting 120

Construction Business Owner

OCTOBER 14, 2011

Home » Blogs. 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. Change orders can be harder to manage – and present more of a profitability challenge – than pre-planned project work. But the biggest exposure a contractor faces is rejection.

Change Orders 120

Change Orders Construction Software Software 120

Construction Business Owner

JANUARY 19, 2011

Home » Blogs. Relationship between the designer and the contractor » The Difference Between Selling Used Cars and Selling Software. They just plod along telling unsuspecting contractors that their software can do everything imaginable. David Brown Blog. Fred Ode Blog. Jaron Stone Blog.

Construction 136

Construction Software Software Accounting 136

Construction Business Owner

FEBRUARY 16, 2012

Home » Blogs. « Contractors Seeking Credit Should Prepare to be Prepared. This entry was posted on Thursday, February 16th, 2012 at 2:06 pm and is filed under Mark Reich Blog. David Brown Blog. Fred Ode Blog. Jaron Stone Blog. John Chaney Blog. John Meibers Blog. Mark Reich Blog.

Construction 136

Construction Software Software Accounting 136

Construction Business Owner

JANUARY 12, 2012

Home » Blogs. I was in a conference room full of general contractors a couple of years ago, and the presenter asked, “How many of you prequalify your subcontractors?” When I was a general contractor, I sent out invitations to bid, but the communication didn’t end there. David Brown Blog. Fred Ode Blog.

Bidding 149

Bidding Construction Documentation Software 149

Contractor Bookkeeping

APRIL 2, 2019

Although not intentional, this could be considered a part 2 of last Friday’s blog/podcast episode or a continuation post dedicated to all brand-new contractors who just started their own company, to trade professionals who would like to restart their bookkeeping system, or simply to all our valued email subscribers – old and new.

Cash Flow 50

Cash Flow Accounting Profitability Contractors 50

Construction Business Owner

JANUARY 6, 2011

Home » Blogs. There is just something special about being around contractors. One of the things I enjoy most about my position at ComputerEase is that I have the opportunity to deal with different contractors everyday and have the opportunity to help them with their construction software needs. David Brown Blog.

Construction 120

Construction Software Software Accounting 120

Construction Business Owner

JUNE 20, 2011

Home » Blogs. One of my favorite books is Good to Great by Jim Collins, which crystallized our mission to make contractors’ jobs easier, characterized by the quote, “When better is possible, good is not enough.” This entry was posted on Monday, June 20th, 2011 at 2:54 pm and is filed under Fred Ode Blog. David Brown Blog.

Construction 149

Construction Software Software Accounting 149

Construction Business Owner

FEBRUARY 2, 2012

Home » Blogs. I’m pleased to announce that this week’s blog is written by Jim Schug of FMI. If leadership success was measured only on profitability, then there were certainly many “great leaders” sitting in the CEO position of many contracting companies. David Brown Blog. Fred Ode Blog. Jaron Stone Blog.

Construction 120

Construction Software Software Accounting 120

Construction Business Owner

JANUARY 26, 2012

Home » Blogs. Venture tools are built to give contractors visibility and control over three key areas of construction operations: Documentation. I remember the amount of time I used to spend as a general contractor following up on project notifications and issues. David Brown Blog. Fred Ode Blog. Categories.

Construction 120

Construction Software Software Documentation 120

Construction Business Owner

FEBRUARY 9, 2012

Home » Blogs. Contractors Seeking Credit Should Prepare to be Prepared » Hazard Communication? I’m pleased to announce that this week’s blog is written by David DeVita, President of Carolina Safety Consultants. David Brown Blog. Fred Ode Blog. Jaron Stone Blog. John Chaney Blog.

Construction 120

Construction Software Software Safety 120

Construction Business Owner

NOVEMBER 17, 2011

Home » Blogs. After working with contractors for 30+ years, it still concerns me how many do not have a real handle on their equipment costs. This in turn lets the estimators use equipment rates that are spot on when estimating forthcoming work, which helps to get new work, and bring that work in profitably. Fred Ode Blog.

Construction 136

Construction Software Software Equipment 136

Levelset

JULY 18, 2022

As you get deeper into the process, you’ll get to tackle challenges with cash flow, marketing, hiring, and more. We have a contractor licensing guide for every state you can refer to — as many states do require specific licensing for plumbing businesses. Keep the cash flowing through your financial pipes.

Cash Flow 52

Cash Flow Accounting Profitability Legal 52

Levelset

JULY 19, 2022

As you get deeper into the process, you’ll get to tackle challenges with cash flow, marketing, hiring, and more. We have a contractor licensing guide for every state you can refer to. Keep the cash flowing as smoothly as your paint. When it comes to cash flow, it’s important to always have your finger on the pulse.

Cash Flow 52

Cash Flow Accounting Profitability Residential 52

Construction Business Owner

MAY 17, 2012

Home » Blogs. But what would that look like and how would contractors be able to comply with some of the very costly expenses? This entry was posted on Thursday, May 17th, 2012 at 1:20 pm and is filed under John Chaney Blog. David Brown Blog. Fred Ode Blog. Jaron Stone Blog. John Chaney Blog.

Construction 120

Construction Software Software Injury 120

Construction Business Owner

FEBRUARY 9, 2012

Home » Blogs. I’ve mentioned in previous blogs that cloud computing isn’t really cloud computing if the software is just being accessed from a remote computer. I’ve even read of contractors creating their own applications to fit their business. David Brown Blog. Fred Ode Blog. Industry News.

Software 120

Software Software Construction Accounting 120

Construction Business Owner

FEBRUARY 2, 2012

Home » Blogs. As a general contractor a few years ago, I was working on a tenant improvement project. A lot of contractors track these issues in an Excel spreadsheet, which is great, but takes time and energy to keep current. David Brown Blog. Fred Ode Blog. Jaron Stone Blog. John Chaney Blog.

Construction 120

Construction Software Software Documentation 120