Remove Change Orders Remove Negotiation Remove Profitability Remove Software
article thumbnail

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?

article thumbnail

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?

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

BuildTools Provides the Solution for Managing Demanding Clients

Pro Builder

But Platinum Homes was losing money on change orders from demanding clients. We had to negotiate our final draw on every home,” says Molthan. So, we were stuck holding the bag and negotiating on it.” Simplify the process and maximize profit . Moments like these have become a common trend in the market. “We

article thumbnail

Construction Business Owner Blogs

Construction Business Owner

SOFTWARE |. Software & Technology. Alas, those days are long gone, which means we’re left to manage our fuel consumption or lose profit margins. Tip #1: Negotiate Fuel Costs. Before you go down the negotiating path, be sure you know your overall consumption by gallons. Top 5 Trends in Construction Software.

article thumbnail

Construction Business Owner Blogs

Construction Business Owner

SOFTWARE |. Software & Technology. Many contractors negotiate payment due dates with their vendors to get themselves out of short-term cash binds. Banks are attracted to profitable business. Is There No Free Lunch or Construction Software? Top 5 Trends in Construction Software. accounting software.

Banking 120
article thumbnail

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.

article thumbnail

Construction Business Owner Blogs

Construction Business Owner

SOFTWARE |. Software & Technology. – will ultimately determine if you are on the bid list or in the negotiating room for the next project. Is There No Free Lunch or Construction Software? Top 5 Trends in Construction Software. accounting software. change orders. Construction Software.