article thumbnail

Process Dependent Vs. People Dependent Increases Contractor's Profits

Contractor Bookkeeping

Please accept them in the Spirit of friendship, respect and honor as I intend them. Not using Additional Work Orders or Change Orders (Click For FREE Change Order Template). Cash flow issues kill contractors even though they have profit. Ignoring Profit Centers and Key Performance Indicators (KPI).

article thumbnail

Oh, By the Way — six years of estimating ideas and insights

Construction Marketing Ideas

Good estimates also catch out flaws in the plans and documents — perhaps leaving room for change-order profits or (I think more ethically), giving the estimator the opportunity to communicate and clarify the potential problems with the design team or owner before bidding the work. Blogs business and sales management'

professionals

Sign Up for our Newsletter

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

article thumbnail

Twelve Free Ways For Contractors To Get Through The Recession

Contractor Bookkeeping

Free Construction Change Order Template. Would it be profitable or would something terrible happen to cause us to go bankrupt? In the Spirit of friendship please take what is right for you and leave the rest and feel free to pass any of them along to anyone you wish with my compliments. Free One Hour Consultation.

article thumbnail

Learning and listening: How contractors and designers should work together

Construction Marketing Ideas

This is still business, keep the fees separate & never preform extra work w/o a signed change order. It is easy for me to say: “Turn down a profitable job/commission because you can’t stand working with one or more of the project colleagues.” Why are these observations so important for marketing?

Design 69
article thumbnail

Construction Company Failure Root Causes

Contractor Bookkeeping

Please accept them in the Spirit of friendship, respect and honor as I intend them. Not using Additional Work Orders or Change Orders (Click For FREE Change Order Template). Cash flow issues kill contractors even though they have profit. Ignoring Profit Centers and Key Performance Indicators (KPI).

article thumbnail

40 Best Construction Podcasts in 2022

Levelset

That’s the guiding spirit behind Construction Genius , hosted by Eric Anderton. Profit Tool Belt. Contractors who want to learn more about how to market themselves, build their customer base, and get paid should turn no further than Profit Tool Belt. If you want to be a genius, you have to work hard. Release schedule : Weekly.

article thumbnail

PSMJ Resources Blog: Small Change - Keeping Track of it All

PSMJ Resources

Stress to your client that even though you r firm believes in going beyond what is contractually required in order to provide your clients with outstanding service, your contingency for these small changes is now depleted. Make sure your client knows that in the future you will need to create a change order for future small changes.