Remove Change Orders Remove Deals Remove Management Remove Profitability
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Purchasing Staffing Ratio: What Should It Be?

Pro Builder

How to figure out proper staffing in your purchasing department to balance costs and value with profitability. An understaffed purchasing department won’t have time to properly vet price increases, competitively bid and accurately contract trades, minimize change-order costs , or ensure your next project starts on the right foot.

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Five Tips To Help Contractors Stop Losing Money On Change Orders

Contractor Bookkeeping

Four Important Words That Turn High Profit Jobs Into Non-Profit Jobs! It''s A Small Change. In this case the "Hammer" is a change order. You do what you promise and they will pay you, no questions asked and they are the foundation for high profit repeat customers. No law says there has to be change orders.

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Construction Business Owner Blogs

Construction Business Owner

MANAGEMENT |. General Management. People Management. Equipment Management. « A Change (Order) for the Better? Judging Tipis » Some Advice on Change Orders. As a former general contractor, I have a lot to say about the operations side of change orders. STRATEGY |.

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Project Manager Workloads: How Much Is Enough?

Pro Builder

Project Manager Workloads: How Much Is Enough? Are You Getting a Good Deal on Your Purchasing? How to: Management Tips to Keep Your Team Together. the formula spits out the answer: “Based on your inputs, this superintendent can effectively manage 16 units-in-process.” Sun, 12/12/2021 - 12:54. Scott Sedam. Single-family?

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Breaking Down Silos for Better Construction Collaboration

Viewpoint Construction Technology

This lack of effective communication and collaboration can be the downfall of a business, especially in the construction industry, where tight deadlines and razor-thin profit margins rule the day. For example, in most construction organizations, a project manager is responsible for ensuring a job stays on budget. Encourage Empathy.

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Construction Business Owner Blogs

Construction Business Owner

MANAGEMENT |. General Management. People Management. Equipment Management. Healthy Competition » Free Webinar on Reducing Profit Fade. One problem that even the most savvy contractors deal with is profit fade, when a job continues to incur additional costs that are not factored into the estimate.

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Starting Profitable Construction Company Unique Secrets Revealed

Contractor Bookkeeping

There are a number of people who pass out advice on how to start a profitable construction company; however, very few have actually done it and fewer still had a clear understanding of where they were making or losing money and fewer yet have ever gotten past the point of owning a J.O.B. If You Know Exactly What To Do.