Construction Business Owner

AUGUST 19, 2011

These are risk takers, men and women who are driven to hustle and make a profit—not the sitting still type. Public Exposure and Liability on Construction Sites. change orders. One of my favorite parts of this job is getting to talk with professionals in the industry who work with contractors for a living.

Construction 120

Construction Software Software Accounting 120

Construction Business Owner

FEBRUARY 2, 2012

In the end, jobs must translate to bottom-line profitability.” In this article, Schoppman explains how business owners should evaluate construction professionals on specific criteria to enhance margin, improve productivity and hedge construction risks. Public Exposure and Liability on Construction Sites. change orders.

Construction 120

Construction Software Software Accounting 120

Construction Business Owner

MARCH 1, 2012

According to my friend Eric Carter, President of Approach Technology , simplistic passwords are the biggest security risks. Make sure the passwords follow complexity rules and make sure they’re changed regularly. Your risk will decrease significantly. Public Exposure and Liability on Construction Sites. change orders.

Construction 120

Construction Cash Flow Security Software 120

Construction Business Owner

JANUARY 12, 2012

While documentation management and team member prequalification may seem fairly obvious sources of added costs and risks, administrative costs may not seem so obvious. Every time the plans or specifications changed, I needed to make sure the subs I invited knew about the changes and were using the current documents to prepare their bid.

Bidding 149

Bidding Construction Documentation Software 149

Construction Business Owner

APRIL 12, 2012

« The Business of Construction Risk Management. Public Exposure and Liability on Construction Sites. change orders. About Us Contact Us Advertise Press Releases Upload Artwork Via FTP -->. Free Subscriptions. Construction Business Owner Magazine. Construction Business Owner E-Newsletter. -->. Home » Blogs.

Construction 120

Construction Certification Green Software 120

Construction Business Owner

FEBRUARY 23, 2012

I think it’s safe to say that when most people say they’re concerned with security, they’re concerned with mitigating the risk of fraud, both internally and externally, and physical access to the data. Public Exposure and Liability on Construction Sites. change orders. Wally Evans Blog. Recent Posts. January 2009.

Security 120

Security Construction Software Software 120

Construction Business Owner

FEBRUARY 9, 2012

Current software providers can jump on the bandwagon, or risk losing out to new developers, or perhaps even these specialty apps created by contractors. Public Exposure and Liability on Construction Sites. change orders. Do you use tablets in your office or on the jobsite? What are the pros/cons? www.dexterchaney.com.

Software 120

Software Software Construction Accounting 120

Construction Business Owner

OCTOBER 10, 2011

From his story it became clear to me that while you can do powerful things with spreadsheets if you devote the time, you run into three serious risks: Complex tasks require complex programming, something off-the-shelf spreadsheets aren’t designed to support (especially when it comes to troubleshooting). change orders.

Construction 120

Construction Software Software Accounting 120

Autodesk Construction Cloud

JANUARY 19, 2022

The real problem is that poor cash flow management can be disastrous…impacting your project schedules, profitability, and relationships. Choose projects with profitable estimates. If Project B can’t pay its vendors or crew on time, the whole project is at risk. With overbilling, you run the risk of not realizing you overbilled.

Cash Flow 59

Cash Flow Management Profitability Change Orders 59

Construction Business Owner

MARCH 29, 2012

The Business of Construction Risk Management » The Fundamentals of Building Information Modeling (BIM). Public Exposure and Liability on Construction Sites. change orders. Construction Business Owner Magazine. Construction Business Owner E-Newsletter. -->. Home » Blogs. I love basketball. Wally Evans Blog.

Construction 120

Construction BIM Software Software 120

Construction Business Owner

JANUARY 4, 2011

Some well managed businesses took some overly aggressive risks and are no longer with us. Not to double digit profit growth and sales increases, but to a more sustainable, long term path. Thanks to this market change and severe economic correction, opportunity will exist for them as they grow into college educated adults.

Construction 120

Construction Software Software US 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. Your contracts need a well-defined scope of work, clear payment terms, a reasonable schedule and a good change order clause.

Insurance 48

Insurance Construction Accounting Claims 48

Job Order Contracting

DECEMBER 13, 2020

Organizations that do not implement and continuously import upon a program-based approach, under which all projects a planned, procured, and executed, suffer from unclear objectives , shifting requirements , unrealistic schedule s, and reactive planning , Poor planning and poor change management impede individual project successes.

Project Management 161

Project Management Capterra Organization Management 161

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. 20% Of The Contractors Earn And Keep 80% Of The Profits.

Construction 48

Construction Insurance Accounting Claims 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. Your contracts need a well-defined scope of work, clear payment terms, a reasonable schedule and a good change order clause.

Contractors 48

Contractors Insurance Claims Lien 48

Fieldwire

JANUARY 16, 2024

A rapidly changing landscape means employing numerous strategies to get the job done to your client’s satisfaction. What should you know to maximize your profits and grow your business? The right tools help you create rapid estimates for change orders and keep all parties informed of when they can expect delivery.

Project Management 52

Project Management Management Construction Life Cycle 52

Contractor Bookkeeping

JANUARY 6, 2014

Have Change Orders. Xero Accounting Online will have updated your Sales Report, Profit & Loss Report, Balance Sheet Report and a lot more reports before you finished reading this sentence. Profit & Loss statement anytime YOU want it! QuickBooks Desktop Version Online Works Best If You: Takes Job Deposits.

Accounting 50

Accounting Contractors Work in Progress Banking 50

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. This is never a good idea on so many levels, not just the liability exposure of someone injuring themselves on your property and you being liable.

Contractors 48

Contractors Accounting Office US 48

Autodesk Construction Cloud

OCTOBER 28, 2021

And you have to do all that within a contracted amount of time with razor-thin profit margins. . Some of the top problems GCs face are three documentation processes that, while important for communication and liability, take time away from actually building. . Join our webinar on November 16th to see it in action. Register NOW.

Project Management 52

Project Management Management Documentation Construction 52