Construction Business Owner

JANUARY 12, 2012

Document Management. With the current levels of detail required by industry standards, code compliance and also by the different disciplines, the number of documents required for a project is huge. Keeping track of what’s current in that huge set of documents and making sure others on your team are using current documents are critical.

Bidding 149

Bidding Construction Documentation Software 149

Construction Business Owner

OCTOBER 26, 2011

Rarely does a finished project exactly mirror the original plans. 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. document management. foundation. foundation software.

Construction 159

Construction Software Software Bidding 159

Construction Business Owner

JANUARY 31, 2012

While some of your company’s corporate image will come about naturally based on the work that you do and the manner in which you do it, companies that have a specific plan in place to create a corporate image have much more control over how they are perceived. document management. foundation. foundation software.

Construction 185

Construction Software Software Accounting 185

Construction Business Owner

FEBRUARY 16, 2012

Bring all your financial documents to the initial meeting. Lines of credit are meant to be a short-term cash solution while you’re waiting for accounts receivable to come in. Plan to use the funds for basic operational items — not capital purchases, such as construction equipment. document management. foundation.

Banking 120

Banking Construction Cash Flow Finance 120

Construction Business Owner

FEBRUARY 2, 2012

So, I took some photos, wrote an RFI attached the photos to the document and sent it to the architect noting its urgent status. Do you have a process for organizing, storing and attaching all supporting documentation for an issue? Some, if not most issues revolve around document management and project team communication.

Construction 120

Construction Software Software Documentation 120

Construction Business Owner

FEBRUARY 16, 2012

Sometimes, as you know, project documents can devote an entire plan sheet or spec section to a list of abbreviations and acronyms. A lot of this communication revolves around the project documentation. document management. foundation. foundation software. The construction industry is no different.

Construction 136

Construction Software Software Accounting 136

Construction Business Owner

FEBRUARY 1, 2011

It seems like just yesterday that Foundation Software was newly incorporated. Foundation gained its own identity, and we have the right people in place for the right jobs. I dream about Foundation, and I make plans for its future. That’s not to say that they always turn out the way I plan. document management.

Construction 136

Construction Software Software Foundation 136

Construction Business Owner

NOVEMBER 3, 2011

Rather than learning about the project in a “drive by” data dump hours before mobilization, the superintendent has becomes an instrumental cog in the preconstruction planning process. document management. foundation. foundation software. Add new tag. business development. change orders. cloud computing. communication.

Construction 120

Construction Software Software Accounting 120

Construction Business Owner

JANUARY 5, 2012

Check out McGraw Hill’s Dodge Plan Center and their Network Express site. There are also local, regional and even national plan centers that have bidding project information that might help. In the meantime, keep in mind that spending a little time planning now can pay off in increased efficiency and better job performance later.

Construction 120

Construction Bidding Software Software 120

Construction Business Owner

OCTOBER 10, 2011

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. document management. foundation. foundation software. What I can tell you is encouraging: There are contractors who are succeeding in this economic climate. Add new tag.

Construction 120

Construction Software Software Accounting 120

Construction Business Owner

MARCH 6, 2011

Better yet, what would you do if you suddenly found more work than you planned on? To the contrary, planning such as this allows you a dashboard into your business that your competitors that don’t do this type of testing won’t have. document management. foundation. foundation software. Add new tag.

Construction 120

Construction Software Software Accounting 120

Contractor Bookkeeping

JUNE 18, 2013

Education is the foundation for shifting paradigm. Cash flow issues kill contractors even though they have profit. Poor document management results in overpaying taxes. Poor document management results in overpaying taxes. Poor scheduling affects production and cash flow.

Cash Flow 48

Cash Flow Construction Change Orders Contractors 48

Construction Business Owner

APRIL 21, 2011

You have the right people on board; so now give them a solid game plan to make this new technology work. document management. foundation. foundation software. If they are not genuinely accepting of the change or its usage is over their heads, the technology, no matter how good, is likely to fail. Add new tag.

Construction 136

Construction Software Software Accounting 136

Construction Business Owner

SEPTEMBER 13, 2011

PLAN AHEAD and have a Go Live date in mind. Then you can create a realistic implementation plan. But you can consider new software anytime, and the best way for you to figure out your going live date is to PLAN and give yourself plenty of time (the more the better!). document management. foundation. Add new tag.

Construction 120

Construction Software Software Accounting 120

Construction Business Owner

APRIL 26, 2012

For every phase you finish under budget, there may be an unexpected problem waiting to wipe out any savings that you’ve planned and budgeted for. document management. foundation. foundation software. The profit you calculate when bidding a job can fluctuate dramatically as work progresses. Add new tag. change orders.

Change Orders 120

Change Orders Construction Profitability Software 120

Construction Business Owner

OCTOBER 20, 2011

At the time, we still couldn’t see plans or email pictures back and forth, but the fact that we could call in a change or talk to someone in the office took hours off of the work week. document management. foundation. foundation software. The Two-Way Data Street. Add new tag. business development. change orders.

Construction 136

Construction Software Software Project Management 136

Construction Business Owner

MARCH 8, 2012

Step 2: Make a plan and figure out the data you need to collect. document management. foundation. foundation software. But the point here is that contractors are often already sitting on a wealth of data just waiting on the right structure to turn it into useful information. Successful Construction Data. So let’s recap….

Construction 120

Construction Software Software Accounting 120

Construction Business Owner

FEBRUARY 23, 2012

Most providers can create a plan to meet your needs, not to mention budget. document management. foundation. foundation software. For most companies, security isn’t a primary function, but it is necessary. To keep your data secure, you might want to consider outsourcing the security functions. Add new tag. change orders.

Security 120

Security Construction Software Software 120

Construction Business Owner

FEBRUARY 9, 2012

Whether or not you plan to do away with your PC and adopt a tablet-only way of life, one thing is certain: software must adapt to the new environment. document management. foundation. foundation software. A Lesson from the Music Industry. Add new tag. business development. change orders. cloud computing. communication.

Software 120

Software Software Construction Accounting 120

Construction Business Owner

DECEMBER 9, 2011

or higher, then it might be time to consider implementing a comprehensive safety plan to try and reduce your workers compensation insurance costs. document management. foundation. foundation software. Companies who have more claims than average will have a higher than average rate, for example, 1.6. Add new tag.

Construction 136

Construction Insurance Software Software 136

Construction Business Owner

NOVEMBER 17, 2011

If both the owning and operating costs for a piece of equipment are exactly what you planned for, then the “dot” for that piece would be placed in the center of the graph. document management. foundation. foundation software. cost of owning) budget. Add new tag. business development. change orders. cloud computing.

Construction 136

Construction Software Software Equipment 136

Construction Business Owner

OCTOBER 14, 2011

Yet it’s a surprisingly common practice for business owners to bid at losses, and when I ask them how they plan to come out in the black on the other side of these projects, the nearly universal answer is “We’ll make it up in change orders.” But it’s not easy money, and it’s certainly not money we plan for.”.

Change Orders 120

Change Orders Construction Software Software 120

Levelset

JULY 18, 2022

Establishing a business legally is a straightforward process, and creating a plan for growth is exciting. As you get deeper into the process, you’ll get to tackle challenges with cash flow, marketing, hiring, and more. Make a growth plan to stay focused on your goals. Keep the cash flowing through your financial pipes.

Cash Flow 52

Cash Flow Accounting Profitability Legal 52

Construction Business Owner

MARCH 22, 2012

As a civil contractor I’m planning to market my services using Internet Marketing. document management. foundation. foundation software. These topics are based on traditional marketing principles and, when given some thought, will quickly get you on the right path. Yunz Contracting Says: July 24th, 2012 at 3:08 am.

Construction 120

Construction Software Software Accounting 120

Contractor Bookkeeping

FEBRUARY 28, 2014

Education is the foundation for shifting paradigm. Cash flow issues kill contractors even though they have profit. Poor document management results in overpaying taxes. Poor document management results in overpaying taxes. Poor scheduling affects production and cash flow.

Profitability 48

Profitability Contractors Cash Flow Accounting 48

Construction Business Owner

DECEMBER 1, 2011

Has your company adopted any browser-based business software or do you plan to? document management. foundation. foundation software. Accessing and processing all your business information may never be quite as easy as flipping a switch, but browser-based software (a.k.a. dexterchaney.com. Add new tag. change orders.

Construction 120

Construction Software Software Accounting 120

ProcurementExpress.com

NOVEMBER 30, 2016

Improper planning. Improper planning. Poor planning will most certainly lead to problems and an increase of unexpected events. Taking the time to plan all phases of the project and then revisiting the plan prior to starting construction or a key construction event will help flush out problems.

Risk 52

Risk Construction Plans Structural Engineering 52

Contractor Bookkeeping

NOVEMBER 18, 2013

And as always, we recommend you have any legal document reviewed by your attorney or legal counsel before using it. The second one shown below offers a FREE guide and the related sample plans to help you build your safety program. They are all from the Washington State Department of Labor & Industries website.

Accidents 48

Accidents Accounting Construction Profitability 48

Contractor Bookkeeping

DECEMBER 20, 2013

You will need to plan carefully and make certain to map the correct accounts from your construction accounting software to Bill.Com. In the end we believe Bill.Com is still a worthwhile investment because of the time savings and increased cash flow.). To Get Started Click , and then click Settings > Start-up Checklist.

Contractors 48

Contractors Accounting Cash Flow Construction 48

Contractor Bookkeeping

NOVEMBER 15, 2013

03 Job Costing Reports like Profit & Loss By Job, Job Profitability and Estimates Vs. Actual Reports provide you with the foundation reports that can help you understand where you construction company is making an losing money. The 80/20 Rule For Construction Success. #04 Why you ask does this work?

Accounting 48

Accounting Construction Profitability Project Management 48

ProcurementExpress.com

NOVEMBER 30, 2016

Improper planning. Improper planning. Poor planning will most certainly lead to problems and an increase of unexpected events. Taking the time to plan all phases of the project and then revisiting the plan prior to starting construction or a key construction event will help flush out problems.

Risk 40

Risk Construction Plans Structural Engineering 40

Autodesk Construction Cloud

JANUARY 6, 2022

Everyone can access the main plans and goals of a project at any time, without having to rely on gatekeepers or slog to faraway offices in order to get the information they need. With collaborative construction, all stakeholders can access the main goals and plans at any time. Trust is the foundation of good collaboration.

Construction 52

Construction Estimating Design Budgeting 52

Contractor Bookkeeping

OCTOBER 4, 2013

Education is the foundation for shifting paradigm. Plan on meeting with them on a monthly, quarterly, semi-annual basis whatever works for both of you and bring two printed copies of your Profit & Loss and Balance Sheet for them to review with you. Cash flow issues kill contractors even though they have profit.

Profitability 48

Profitability Construction Accounting Cash Flow 48

Contractor Bookkeeping

AUGUST 4, 2014

Ever Wonder Why Some Competitors Seem To Have More Cash Flow And Profit Than You? Document, document, document everything that works. As soon as a process is documented, it will need to be beta tested by someone who can follow directions. Their job title is Process Development Engineer. Life is good!

Profitability 49

Profitability Contractors Accounting Documentation 49

Contractor Bookkeeping

MARCH 13, 2014

This ingrained habit of self-discipline is what drives them to analyze, plan and adapt to a constantly changing environment because the alternative is to get a job and most of them are unemployable. You need a Business Plan and for more about that click here. to hire us. 20% of them generated results that broke even.

Accounting 48

Accounting Construction Contractors Profitability 48

Contractor Bookkeeping

JUNE 20, 2014

Business Planning And Strategy Development - Is the blueprint for your business to succeed. Your business plan is a living breathing document that you will change and update as needed. Payment terms put you in never ending negative cash flow by loaning the customer money at 0% and borrowing on your credit cards at 24%.

Insurance 48

Insurance Construction Accounting Claims 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. Pent Up Demand #01 - Deferred maintenance.

Contractors 48

Contractors Accounting Hawaii Profitability 48