Remove Change Orders Remove Insurance Remove Products Remove Profitability
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The most important construction KPIs to improve profits and productivity

Lets Build

If they all revolve around your financials, you might be shrinking your own profit margins. Your construction KPIs should do more than measure a project’s health—they should show you where profit and productivity are dropping, why they’re dropping, and how to fix the issue. What mistakes were made on the less profitable jobs?

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The most important construction KPIs to improve profits and productivity

Lets Build

If they all revolve around your financials, you might be shrinking your own profit margins. Your construction KPIs should do more than measure a project’s health—they should show you where profit and productivity are dropping, why they’re dropping, and how to fix the issue. What mistakes were made on the less profitable jobs?

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5 Tips To Make Your Construction Business More Profitable

cnstrctr

Construction is a cut-throat industry, and making your construction business more profitable can be a challenge. Making more money isn’t rocket science, by following our five tips you’ll be increasing your profits in no time! Understanding your competition is key to making your construction business more profitable.

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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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Construction Business Owner Blogs

Construction Business Owner

INSURANCE |. Product Spotlight. Some Advice on Change Orders » A Change (Order) for the Better? When clients ask me about change orders, I’m reminded of a well-circulated photo. The yacht is named “Change Order.” Yes, change orders are nearly inevitable.

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Construction Business Owner Blogs

Construction Business Owner

INSURANCE |. Product Spotlight. Customer Collaboration & Construction Software » Staying Focused in the Fight Against Profit Fade. There’s a name for these situations: “profit fade.” Stay on Top of Changes. The profit you calculate when bidding a job can fluctuate dramatically as work progresses.

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Construction Business Owner Blogs

Construction Business Owner

INSURANCE |. Product Spotlight. « A Change (Order) for the Better? Judging Tipis » Some Advice on Change Orders. I was talking with John Chaney this week, and he mentioned that he was going to blog about how change orders affect construction management. STRATEGY |. MANAGEMENT |.