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Add On Sales Cause Contractor Profits Too Increase Dramatically

Contractor Bookkeeping

Because You Have Already Incurred Marketing And Mobilization Costs. Add Those Costs Together - And you will understand the value of staying on each job and solving all of your customer or client construction and maintenance issues is so much more profitable than windshield time.

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Unique Contractor Bookkeeper Ride Along To Increase Company Profits

Contractor Bookkeeping

We Serve Several Highly P rofitable Construction Companies and some not as profitable ones. The differences in operations between the two groups are very small and yet the profit picture is massively different. Change Order Management. Equipment Mobilization And Demobilization. Percentage Of Completion.

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New Report: The State of Data Capabilities in Construction 

Autodesk Construction Cloud

Whether it's a bid submitted, an issue reported, or a new change order approved, you're likely sitting on a goldmine of information that can be used to improve efficiency, reduce costs, and make better decisions. By underutilizing their data potential, construction firms are leaving profits on the table—literally.

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Construction Business Owner Blogs

Construction Business Owner

Collaborating on Cash flow » The Year of Mobile Technology? This year, I think it’s safe to say that mobile devices and applications that run on mobile devices are the buzz of construction industry, and it’s easy to see why. Plus, a large majority of adults already use their personal mobile devices for work purposes.

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The High Cost of Low Bids: When Contractors Compete on Price, Everyone Loses

Levelset

And any savings on paper are usually lost mid-way through the project in change orders. In addition, they make less per project and ultimately end up with too little profit, if any, to grow. Change orders inevitably increase costs , and schedule delays eat into the project’s budget. And guess what?

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Data Analytics Trends in Construction

Viewpoint Construction Technology

Construction sites these days have no shortage of data: design and BIM data from the planning stages of a project, jobsite data collected by wearables, mobile devices and sensors on equipment/materials, accounting and job progress data from the office, project management data and much more. Diving Deeper into Construction Data.

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How technology can help you maintain your profit margins at residential projects

Lets Build

Setbacks like supply chain disruptions and rising energy prices are putting pressure on residential construction profit margins. And for many construction companies that operated on slim profit margins before those setbacks, even the smallest cost overruns can result in loss-making projects.