Construction Business Owner

APRIL 26, 2012

Customer Collaboration & Construction Software » Staying Focused in the Fight Against Profit Fade. There’s a name for these situations: “profit fade.” The profit you calculate when bidding a job can fluctuate dramatically as work progresses. Was your initial estimate off? General Management. Construction Law.

Change Orders 120

Change Orders Construction Profitability Software 120

Construction Business Owner

NOVEMBER 3, 2011

The New Estimating Tool – Superintendents » So You Want to Buy New Construction Software. Job Cost & Cash Flow. So it makes sense that any software you consider should offer comprehensive job cost and cash flow solutions. General Management. Software & Technology. Accounting & Finance. January 2009.

Cash Flow 120

Cash Flow Construction Software Software 120

Levelset

AUGUST 16, 2022

Some contractors watch as their gross profit margins decrease when they take on larger jobs. Here are some factors you should consider to increase your chances of success with a potential project and your ability to secure a construction bond. Get materials now, keep your cash. Scope of work compared with past projects.

Risk 52

Risk Cash Flow Construction Banking 52

Construction Business Owner

NOVEMBER 3, 2011

Being the Best » The New Estimating Tool – Superintendents. Estimating departments have added a new tool to their repertoire – superintendent and foremen input. With backlogs down and work less plentiful, field supervision has come into the office and become an integral part of the estimating process. Green Building.

Construction 120

Construction Software Software Accounting 120

Construction Business Owner

JULY 5, 2011

However, estimates show in order to properly maintain the current system and expand it to meet future needs, we need to invest $225 to $340 billion annually.”. AEM estimates that 35,000 jobs—many of which are in construction— are created every time $1 billion is invested in our infrastructure. General Management. Software & Technology.

Construction 120

Construction Software Software Accounting 120

Construction Business Owner

NOVEMBER 8, 2011

« The New Estimating Tool – Superintendents. General Management. Software & Technology. Accounting & Finance. Construction Law. People Management. Green Building. Construction Safety. Compliance/Regulations. Sales/Marketing. Equipment Management. Resource Center. Equipment and Services Directory. Ask the Expert. Hardhat Connect.

Construction 174

Construction Software Software Accounting 174

Construction Business Owner

FEBRUARY 2, 2012

When evaluating estimators, he says, “Business owners should not base estimating success simply on jobs awarded. In the end, jobs must translate to bottom-line profitability.” General Management. Software & Technology. Accounting & Finance. Construction Law. People Management. Green Building. Construction Safety. Ask the Expert.

Construction 120

Construction Software Software Accounting 120

Construction Business Owner

OCTOBER 10, 2011

What I heard is that finding the right person for an estimator and a project manager is crucial to success. In the meantime, what do you think makes a strong PM or estimator and how do you hire A players? General Management. Software & Technology. Accounting & Finance. Construction Law. People Management. Green Building. Industry News.

Construction 120

Construction Software Software Accounting 120

Construction Business Owner

OCTOBER 14, 2011

” Every construction project is a gamble – you’re betting that your estimate is accurate, that labor and material prices don’t go through the roof, etc. Change orders can be harder to manage – and present more of a profitability challenge – than pre-planned project work. General Management. Software & Technology. Green Building.

Change Orders 120

Change Orders Construction Software Software 120

Construction Business Owner

APRIL 21, 2011

Or maybe your accounting is solid, but your estimating is done using spreadsheets and it’s time to look into a trade-specific estimating program. General Management. Software & Technology. Accounting & Finance. Construction Law. People Management. Green Building. Construction Safety. Compliance/Regulations. Sales/Marketing.

Construction 136

Construction Software Software Accounting 136

Construction Business Owner

NOVEMBER 17, 2011

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. General Management. Software & Technology. Accounting & Finance. Construction Law. People Management. Green Building. Construction Safety. Compliance/Regulations.

Construction 136

Construction Software Software Equipment 136

Construction Business Owner

FEBRUARY 17, 2011

Today, new software applications – in job cost accounting, project management, estimating, etc. They do it faster and with greater security than spreadsheets. General Management. Software & Technology. Accounting & Finance. Construction Law. People Management. Green Building. Construction Safety. Compliance/Regulations. Ask the Expert.

Construction 149

Construction Software Software Accounting 149

Contractor Bookkeeping

MARCH 9, 2013

Following up to be sure a written estimate has been sent to every customer. Maintain the petty cash journal. Enter estimates from scraps of paper and emails from the contractor. Maintain records for changes in estimates, schedule of values and payment terms. Fill out and file Employment Security quarterly tax returns.

Contractors 48

Contractors Cash Flow Banking Change Orders 48

Construction Business Owner

JANUARY 5, 2012

One way to bid more work, without giving your estimator a quick trip to the funny farm, is to identify additional sources of project bid lists. General Management. Software & Technology. Accounting & Finance. Construction Law. People Management. Green Building. Construction Safety. Compliance/Regulations. Sales/Marketing. Resource Center.

Construction 120

Construction Bidding Software Software 120

Construction Business Owner

APRIL 12, 2012

And, just last week, the United States Green Building Council published a report that estimates from 2009-2013 the green building industry will support 8 million jobs throughout the economy. General Management. Software & Technology. Accounting & Finance. Construction Law. People Management. Green Building. Construction Safety. Industry News.

Construction 120

Construction Certification Green Software 120

Contractor Bookkeeping

JUNE 13, 2013

Heated arguments occurred when he asks for Profit and Loss or Job Profitability reports. We even have a process where they can get QuickBooks reports online by logging into a secure website without ever opening QuickBooks for contractors. QuickBooks Job Estimate Reports. QuickBooks Job Profitability Report.

Contractors 48

Contractors Profitability Cash Flow Consulting 48

Construction Business Owner

MARCH 29, 2012

The estimator might ask – “How many cubic yards of concrete does this deck require?” General Management. Software & Technology. Accounting & Finance. Construction Law. People Management. Green Building. Construction Safety. Compliance/Regulations. Sales/Marketing. Equipment Management. Resource Center. Equipment and Services Directory.

Construction 120

Construction BIM Software Software 120

Construction Business Owner

APRIL 4, 2011

It is up to us, the contractor, to shape the message effectively and communicate to the client what the building will cost, an estimated time line to completion and any inherent issues that need to be addressed as early in the project as possible. General Management. Software & Technology. Accounting & Finance. Construction Law. January 2009.

Construction 120

Construction Software Software Accounting 120

Construction Business Owner

JANUARY 4, 2011

When I started working in the industry we still used payphones to call the office from the “field” We used paper estimates, a calculator and copy machines. Not to double digit profit growth and sales increases, but to a more sustainable, long term path. General Management. Software & Technology. Accounting & Finance.

Construction 120

Construction Software Software US 120

Autodesk Construction Cloud

SEPTEMBER 1, 2022

Knowing which contract to use when is critical to ensuring a successful outcome in delivery, customer satisfaction, and profit. Knowing which general construction contract to use and when to use one is vital to a successful project, your customers’ satisfaction, and your profits. Plus, you know you’ll incur a profit.

Contract 98

Contract Maine Construction Agreement 98

Contractor Bookkeeping

JANUARY 2, 2015

The idea was you would do all the work they would get half the profits and you politely refused, or not? Tax Advantages For LLC or a Sub S - If you do not setup your corporation correctly the profit or loss from your business will be passed through to the owners as normal income. Estimating Process - There is no one right answer.

Construction 48

Construction Insurance Accounting Claims 48

Contractor Bookkeeping

JUNE 20, 2014

You do all the work they get half the profits and you politely refuse. Tax Advantages For LLC or a Sub S - The profit or loss from your business is passed through to the owners as normal income. Estimating Process - There is no one right answer. Payment Terms - Should need to add positive cash flow.

Insurance 48

Insurance Construction Accounting Claims 48

Contractor Bookkeeping

APRIL 20, 2013

The primary purpose for having a computer server in your office it to keep your financial records, client information and estimates safe in the event of disaster. Your customers and clients are busy with their own lives and most of them need to be reminded about how much they owe you in order for you to get paid and maintain your cash flow.

Contractors 48

Contractors Documentation Office Cash Flow 48

Contractor Bookkeeping

JUNE 15, 2012

You do all the work they get half the profits and you politely refuse. Tax Advantages For LLC or a Sub S - The profit or loss from your business is passed through to the owners as normal income. Estimating Process - There is no one right answer. Payment Terms - Should need to add positive cash flow.

Contractors 48

Contractors Insurance Claims Lien 48

Job Order Contracting

DECEMBER 13, 2020

Real property owners, architects, engineers, and builders all would profit greatly from just applying “Change Management 101” effectively as a priority. Traditional construction project delivery is antiquated, outdated, antagonistic, and prone to failure. Project Failure – Discrete Causal Factors.

Project Management 162

Project Management Capterra Organization Management 162

Autodesk Construction Cloud

DECEMBER 2, 2021

Effective cost management sets the standard for all project costs and affects all phases of a project including planning, design, estimation, change orders, and specialty contractors. In 2015, KPMG estimated only 31% of construction projects came within 10% of their budgets. Set accurate cost estimates from the start.

Management 52

Management Change Orders Construction Budgeting 52

Autodesk Construction Cloud

MAY 5, 2023

As a result, the technology tools available often stifled collaboration between these external stakeholders, who had limited access to key budget and profitability information, which makes it very hard to run a successful business. Additionally, third-party stakeholder collaboration (e.g.,

Office 52

Office Autodesk Accounting Project Management 52

Autodesk Construction Cloud

FEBRUARY 9, 2022

Billd allows you to take complete control of your cash flow and run your business on your terms. A mobile app helps construction pros get on the tools, and a secure portal gives management powerful controls and insights. Not anymore. Drive better productivity, safety & data by enabling your workers. what3words.

Autodesk 98

Autodesk Construction BIM Safety 98

Construction Cost Estimating

FEBRUARY 21, 2012

Construction Cost Estimating Blog. The most updated version is Project Administrator Version 6 that contains some exclusive features like New security process, Gantt chart, Able to track changes to the program, One button linking of database, the total number and completed actions for issues, risks etc, Easier management of project access.

Project Management 40

Project Management Software Software Accounting 40

Pro Builder

JANUARY 11, 2021

Of the estimated 43.8 It’s a good way to generate cash flow and to target the 40% of the country they weren’t able to reach otherwise,” he says. estimates that one-third of NexMetro’s renters within its 11 Avilla communities in Phoenix are Millennials, and 60% are single women. . That represented about 4.5%

Phoenix 105

Phoenix Leases Housing Las Vegas 105

Buisness Facilities Contributed Content

APRIL 15, 2014

Create Rebate Program: An incentive that may be offered at the discretion of the director of the Arkansas Economic Development Commission in highly competitive situations, it provides annual cash payments based on a company’s annual payroll for new, full-time, permanent employees. TAX INCENTIVES. For more information please visit this link.

Income 108

Income Finance Zoning Employment 108

Buisness Facilities Contributed Content

MARCH 21, 2014

NON-PROFIT INCENTIVES: Provides an incentive payment (payroll rebate) equal to 4 percent of the payroll of the new, full-time, permanent employees for a period of up to five years. In addition, the non-profit organization must receive 75 percent of its income from out-of-state sources.

Income 75

Income Finance Zoning Equipment 75