Construction Business Owner

JANUARY 31, 2012

INSURANCE |. 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. change orders. STRATEGY |. MANAGEMENT |.

Construction 185

Construction Software Software Accounting 185

Construction Business Owner

MAY 29, 2012

INSURANCE |. With so many sources of information, it’s never been more important to take charge and develop a business information plan. change orders. STRATEGY |. MANAGEMENT |. ACCOUNTING |. SOFTWARE |. MARKETING |. EQUIPMENT |. General Management. Software & Technology. Accounting & Finance. Construction Law.

Construction 120

Construction Software Software Cash Flow 120

Construction Business Owner

JULY 12, 2012

INSURANCE |. For example do you know how easily your project team can access construction plans and specs? Or if everyone is aware of the project changes and issues that affect their work? So focusing on a plan to improve project document management is a great start to better project communications. change orders.

Construction 136

Construction Documentation Software Software 136

Construction Business Owner

MAY 31, 2011

INSURANCE |. ROPE stands for Research, Organize, Plan, and Execute. The planning phase begins when our analyst designs the application from the user’s perspective. change orders. STRATEGY |. MANAGEMENT |. ACCOUNTING |. SOFTWARE |. MARKETING |. EQUIPMENT |. General Management. Software & Technology. Green Building.

Construction 149

Construction Software Software Accounting 149

Construction Business Owner

NOVEMBER 3, 2011

INSURANCE |. 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. change orders. STRATEGY |. MANAGEMENT |. ACCOUNTING |. SOFTWARE |. MARKETING |. EQUIPMENT |. General Management. January 2009.

Construction 120

Construction Software Software Accounting 120

Construction Business Owner

FEBRUARY 16, 2012

INSURANCE |. Plan to use the funds for basic operational items — not capital purchases, such as construction equipment. Banks are attracted to profitable business. change orders. STRATEGY |. MANAGEMENT |. ACCOUNTING |. SOFTWARE |. MARKETING |. EQUIPMENT |. General Management. Software & Technology. Green Building.

Banking 120

Banking Construction Cash Flow Finance 120

Construction Business Owner

JANUARY 5, 2012

INSURANCE |. 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. change orders. STRATEGY |. MANAGEMENT |. ACCOUNTING |. SOFTWARE |. MARKETING |. EQUIPMENT |. General Management.

Construction 120

Construction Bidding Software Software 120

Construction Business Owner

JANUARY 12, 2012

INSURANCE |. Obviously to bid a job, you have to access the documents, which can be costly to say the least when you consider the costs of plan room memberships and purchasing and printing documents. change orders. STRATEGY |. MANAGEMENT |. ACCOUNTING |. SOFTWARE |. MARKETING |. EQUIPMENT |. General Management.

Bidding 149

Bidding Construction Documentation Software 149

Construction Business Owner

OCTOBER 10, 2011

INSURANCE |. 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. change orders. STRATEGY |. MANAGEMENT |. ACCOUNTING |. SOFTWARE |. MARKETING |. EQUIPMENT |. General Management. Software & Technology. Accounting & Finance.

Construction 120

Construction Software Software Accounting 120

Construction Business Owner

MARCH 1, 2012

INSURANCE |. Imagine the surprise to everyone when the profit is significantly less or non-existent at the end of a job! There are subcontractors and vendors involved, which means that the slightest change in plans, specifications, or even schedule affects everyone and their cash flow. change orders.

Cash Flow 120

Cash Flow Construction Software Software 120

Construction Business Owner

MARCH 6, 2011

INSURANCE |. 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. change orders. STRATEGY |. MANAGEMENT |. ACCOUNTING |.

Construction 120

Construction Software Software Accounting 120

Autodesk Construction Cloud

FEBRUARY 1, 2022

While a project’s ultimate goal is a successful completion, the steps it takes to get there are critical to profits and project’s life cycle. During this process, consider how much wiggle room is available for change orders, most likely an inevitable occurrence once a project is underway and can be costly if not well planned.

Risk 52

Risk Schedule Design Budgeting 52

Construction Business Owner

FEBRUARY 16, 2012

INSURANCE |. Sometimes, as you know, project documents can devote an entire plan sheet or spec section to a list of abbreviations and acronyms. change orders. STRATEGY |. MANAGEMENT |. ACCOUNTING |. SOFTWARE |. MARKETING |. EQUIPMENT |. General Management. Software & Technology. Accounting & Finance. Construction Law.

Construction 136

Construction Software Software Accounting 136

Construction Business Owner

APRIL 21, 2011

INSURANCE |. 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. You have the right people on board; so now give them a solid game plan to make this new technology work. change orders. STRATEGY |. MANAGEMENT |. ACCOUNTING |.

Construction 136

Construction Software Software Accounting 136

Construction Business Owner

NOVEMBER 17, 2011

INSURANCE |. 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. change orders. STRATEGY |. MANAGEMENT |. ACCOUNTING |. SOFTWARE |. MARKETING |. EQUIPMENT |. General Management. Software & Technology.

Construction 136

Construction Software Software Equipment 136

Pro Builder

NOVEMBER 29, 2022

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.

Change Orders 98

Change Orders Resource Profitability Plans 98

Construction Business Owner

SEPTEMBER 13, 2011

INSURANCE |. 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!). change orders. STRATEGY |.

Construction 120

Construction Software Software Accounting 120

Construction Business Owner

FEBRUARY 1, 2011

INSURANCE |. 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. change orders. STRATEGY |. MANAGEMENT |. ACCOUNTING |. SOFTWARE |. MARKETING |. EQUIPMENT |. General Management. Software & Technology. Accounting & Finance. Construction Law.

Construction 136

Construction Software Software Foundation 136

Pro Builder

JANUARY 6, 2021

Less Waste, More Profit in 10 (Not So Easy) Steps. Figure two people per order, on average, and you end up with more than a billion dollars annually in wasted ketchup! . To put that in perspective, the burger chain’s net profit for 2019 was $6.03 Process Perils and Profit for Home Builders. What’s a columnist to do?!

Profitability 98

Profitability Products Banking US 98

Construction Business Owner

FEBRUARY 2, 2012

INSURANCE |. Without good document management, you may lose emails, plans, sketches, and correspondence related to the issue. change orders. STRATEGY |. MANAGEMENT |. ACCOUNTING |. SOFTWARE |. MARKETING |. EQUIPMENT |. General Management. Software & Technology. Accounting & Finance. Construction Law. People Management.

Construction 120

Construction Software Software Documentation 120

Construction Business Owner

OCTOBER 20, 2011

INSURANCE |. 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. change orders. STRATEGY |. MANAGEMENT |. ACCOUNTING |. SOFTWARE |. MARKETING |. EQUIPMENT |. General Management.

Construction 136

Construction Software Software Project Management 136

Construction Business Owner

MARCH 8, 2012

INSURANCE |. Step 2: Make a plan and figure out the data you need to collect. change orders. STRATEGY |. MANAGEMENT |. ACCOUNTING |. SOFTWARE |. MARKETING |. EQUIPMENT |. General Management. Software & Technology. Accounting & Finance. Construction Law. People Management. Green Building. Construction Safety. January 2009.

Construction 120

Construction Software Software Accounting 120

Construction Business Owner

FEBRUARY 23, 2012

INSURANCE |. Most providers can create a plan to meet your needs, not to mention budget. change orders. STRATEGY |. MANAGEMENT |. ACCOUNTING |. SOFTWARE |. MARKETING |. EQUIPMENT |. General Management. Software & Technology. Accounting & Finance. Construction Law. People Management. Green Building. Construction Safety.

Security 120

Security Construction Software Software 120

Construction Business Owner

FEBRUARY 9, 2012

INSURANCE |. 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. It may not seem obvious as to why business software needs to change with the adoption of new hardware, but if we look at the music industry, the answer is clear.

Software 120

Software Software Construction Accounting 120

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. Insurance - Is critical to your construction company. This is getting very stressful. You get out of them what you put into them.

Insurance 48

Insurance Construction Accounting Claims 48

Construction Business Owner

MARCH 22, 2012

INSURANCE |. As a civil contractor I’m planning to market my services using Internet Marketing. change orders. STRATEGY |. MANAGEMENT |. ACCOUNTING |. SOFTWARE |. MARKETING |. EQUIPMENT |. General Management. Software & Technology. Accounting & Finance. Construction Law. People Management. Green Building.

Construction 120

Construction Software Software Accounting 120

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. Insurance - Is critical to your construction company.

Construction 48

Construction Insurance Accounting Claims 48

Construction Business Owner

DECEMBER 1, 2011

INSURANCE |. Has your company adopted any browser-based business software or do you plan to? change orders. STRATEGY |. MANAGEMENT |. ACCOUNTING |. SOFTWARE |. MARKETING |. EQUIPMENT |. General Management. Software & Technology. Accounting & Finance. Construction Law. People Management. Green Building. Sales/Marketing.

Construction 120

Construction Software Software Accounting 120

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. Insurance - Is critical to your construction company. This is getting very stressful. You get out of them what you put into them.

Contractors 48

Contractors Insurance Claims Lien 48

Autodesk Construction Cloud

MAY 30, 2023

Step 1: Tackle the root causes for cost overruns in construction projects In most cases, a project’s overrun results from inaccurate analysis or planning before the building even starts. Sometimes these could be incomplete or incorrect plans resulting in substandard work. Below are some of the most common cost overruns to mitigate.

Change Orders 52

Change Orders Construction Budgeting Budget 52

Building Information Management

MARCH 7, 2012

This helps to eliminate potential disputes and change orders that traditional construction delivery methods are known to experience. As scopes of work are jointly developed, discussed, agreed upon and finalized, a JOC contract is much less likely to have claims, change orders, and disputes than other traditional delivery methods.

Contract 49

Contract BIM Missouri Contractors 49

Viewpoint Construction Technology

MARCH 14, 2018

Lagging productivity hurts contractors in many ways, including lost jobs, low profits, and unnecessary headaches like change orders and rework. Teams unable to effectively communicate and collaborate are much more prone to mistakes, project delays, and reductions in profitability. Cut Down on Labor Hours.

Products 221

Products Software Software Project Management 221

Contractor Bookkeeping

FEBRUARY 14, 2014

If you were to research some of the newspaper and magazine articles from the early 1800''s though today regarding the construction industry and contractors in general you will find not much has changed. It has always been and will likely always be that: 95 out of 100 contractors will earn less than 3% net profit. per hour (See below).

FAQ 49

FAQ Contractors Accounting Security 49

Construction Business Owner

JANUARY 10, 2012

INSURANCE |. Second, get your processes in order. Create a plan that makes sense. change orders. STRATEGY |. MANAGEMENT |. ACCOUNTING |. SOFTWARE |. MARKETING |. EQUIPMENT |. General Management. Software & Technology. Accounting & Finance. Construction Law. People Management. Green Building. Construction Safety.

Construction 174

Construction Software Software Accounting 174

Contractor Bookkeeping

MAY 16, 2014

Go deeper ask about how they handle Work-In-Process (WIP), Retention, Job Deposits, Maintenance Agreement Tracking, Change Order Tracking, Payment Applications. 4 - What Is Your Recovery Plan In Event Of A Disaster? We have a contingency plan. This is a simple question and the answer should tell you a lot.

Contractors 48

Contractors Accounting Office US 48

Contractor Bookkeeping

MARCH 25, 2014

This includes such information as whether you have overbilled or underbilled the project – change order issues, revisions to cost estimates, estimated final gross profits and anticipated completion dates. These schedules will list important financial issues on your bonded projects.

Cash Flow 52

Cash Flow Accounting Profitability Work in Progress 52

Fins Architecture

NOVEMBER 9, 2009

Most potential homeowners pick the easy paths: buying an existing home; a home that is already built or they approach a contractor or a builder to build them a home from a plan they found. Mass produced homes are built cheaply and quickly to maximize the developer’s profit often with out consideration for the local environment.

Architecture 40

Architecture Design Hawaii Agreement 40