HardHatChat

MAY 13, 2014

Workers remove wall panels from a high rise to accommodate new windows for one of the many projects Englewood Construction negotiates with its clients. We never like it when scandal rocks the commercial construction industry. A properly-sized commercial general contractor is going to maintain a certain amount of overhead.

Commercial 281

Commercial Bidding Negotiation Construction 281

HardHatChat

AUGUST 7, 2019

A version of this post was published in Illinois Real Estate Journal as a byline article from Englewood Construction. Earlier this summer, Englewood Construction’s home state of Illinois passed a bill making it the 11 th state in the U.S. to legalize the use of recreational marijuana. Timing Is Everything.

Legal 260

Legal Commercial Retail Illinois 260

HardHatChat

DECEMBER 9, 2014

As we close out another year, we wanted to take a look back at the commercial construction trends that defined 2014 and highlight some of the highs and lows. Overall, this was a great year for the commercial construction industry as commercial construction activity and revenue were up considerably.

Commercial 192

Commercial Retail Construction Chicago 192

Construction Business Owner

APRIL 1, 2024

Now facing the dual pressures of inflation and rising interest rates, the industry must also contend with labor issues that continue to constrict profit margins.

Cash Flow 156

Cash Flow Management Profitability Residential 156

Construction Enquirer

JUNE 13, 2023

Britain’s biggest steelwork contractor Severfield has delivered stronger than expected profits and revenue after embarking on a diversification strategy. Underlying pre-tax profit jumped a fifth to £32.5m In April after the year end, Severfield bought £65m turnover Dutch steel group Voortman Steel Construction for £21m.

Profitability 78

Profitability Security Office Deals 78

Job Order Contracting

JANUARY 25, 2018

The construction cost data shown is not be applied to specific requirements, but rather intended as a general overview. Detailed line item construction cost data should be used for the preparation of actual construction project costs in concert with an experienced construction estimator and knowledge of local conditions.

Commercial 100

Commercial Construction Commissioning Permits 100

HardHatChat

JUNE 11, 2013

The tone of the attendees at ICSC’s “Global Retail Real Estate Convention” (RECon) in Las Vegas last month was as positive and energizing as it was in the commercial construction boom years before 2008. Retail and restaurant sales are steadily increasing and commercial construction space is slowly being absorbed.

ICSC 233

ICSC Commercial Las Vegas Retail 233

Contractor Bookkeeping

NOVEMBER 19, 2021

Among the stats Hubspot lists are: that a 5% increase in customer retention is responsible for more than 25% increase in profit; repeat customers are nine times more likely to convert than first-time visitors, and a 2% increase in customer retention has a similar impact to your bottom line as reducing costs by 10%.

Profitability 93

Profitability IDEA Commercial Housing 93

Construction Business Owner

MARCH 26, 2021

It’s nearly impossible to make any money when contracts allow just 10% and your subcontract only allows for 15% total overhead and profit markup on change orders, or time and material costs plus work. The typical commercial contractor’s annual overhead and profit markup look much like those in Figure 1.

Overhead 328

Overhead Subcontracting Change Orders Profitability 328

Lets Build

FEBRUARY 24, 2023

There are some unique construction trends in 2023, but we also have more of the same. The same issues plaguing the industry last year—labour shortages, supply chain disruptions, high material costs, lower profit margins, etc.—followed These challenges will likely result in even smaller profit margins in the months to come.

Industrial 148

Industrial Construction Profitability Budgeting 148

Construction Superintendent Magazine

DECEMBER 14, 2022

Associated Builders and Contractors’ Construction Backlog Indicator has increased to 9.2 View ABC’s Construction Backlog Indicator and Construction Confidence Index tables for November 2022. ABC’s Construction Confidence Index reading for profit margins and staffing. The reading is.8

Commercial 52

Commercial ABC Construction Profitability 52

HardHatChat

OCTOBER 17, 2022

Between 2018 and 2022, Englewood’s national construction work in the cannabis retail industry grew by 100% and we expect that trajectory to continue as more states legalize recreational marijuana use and cannabis firms expand into new markets.

Retail 296

Retail Green Construction Regulation 296

HardHatChat

JULY 15, 2014

In our shopping center construction experience at Englewood Construction, we have found that anchor tenants and smaller tenants in the center of the shopping center typically thrive, yet some pockets do not generate the traffic or the buzz necessary to create a successful retail development. Move the escalators. Chuck Taylor.

Leases 264

Leases Commercial Retail Contractors 264

Construction Enquirer

MAY 31, 2023

National Grid Electricity Transmission has fired the starting gun on what will be one of the biggest tender races this year for the construction industry. Opting for a collaborative procurement model, The Great Grid Upgrade Partnership will be split into two major lots: covering consultancy and construction works.

Modeling 128

Modeling Construction Procurement Consulting 128

Chianelli Estimating

MARCH 7, 2022

Making your next commercial building project successful starts with anticipating and estimating costs. In the currently volatile real estate and construction markets, the difference between an accurate estimation and one that fails to incorporate all potential variables is enormous. Types of Building Class. Class C is the lowest class.

Commercial 60

Commercial Estimating Materials Electrical 60

Contractor Bookkeeping

NOVEMBER 11, 2022

Understanding the High-Profit Client Most of them have personality traits commonly known as drivers. Folks accustomed to getting things done quickly and efficiently do not mind paying professionals for servicing, repairing, remodeling, or building new construction projects related to their houses and commercial buildings.

Remodeling 93

Remodeling Construction Profitability Deals 93

Construction Marketing

NOVEMBER 16, 2015

An astounding list of speakers, presenters, and sponsors, as well as tens of thousands of attendees ready to kick off the construction year at the largest commercial construction event of the year: World of Concrete 2016. The Largest Commercial Construction Event in 2016! Everything starts at World of Concrete.

Commercial 0

Commercial Las Vegas Concrete Construction 0

Construction Business Owner

APRIL 20, 2023

Adopting software doesn’t mean you have to change processes or workflows — it’s about enhancing them with automation, reporting, historical record keeping and bulk actions that improve your business performance and profitability.

Software 282

Software Software Contractors Electrical 282

Fieldwire

SEPTEMBER 6, 2023

Fieldwire is on a mission to become the world’s most trusted field management solution for construction teams on projects of any scale. It powers more than 1 million commercial, industrial, heavy civil and residential projects at some of the largest construction companies in the world. “We

Software 97

Software Software Products Construction 97

Construction Business Owner

AUGUST 25, 2017

If you are a commercial construction business owner planning your bids for spring and summer of 2018, controlling fuel expenses for your fleet is a major consideration. How do construction businesses stay profitable when one of the largest expenses—fuel—is a moving target?

Bidding 240

Bidding Profitability Commercial Plans 240

Construction Superintendent Magazine

SEPTEMBER 25, 2017

Commercial construction is in high demand across the country and contractors remain optimistic about the current and forward-looking health of the sector, according to the Q3 USG Corporation + U.S. Chamber of Commerce Commercial Construction Index (‘Index’), released recently. WASHINGTON, D.C. The post U.S.

Commercial 40

Commercial Construction Washington Profitability 40

Construction Business Owner

FEBRUARY 26, 2014

This is particularly true in the construction industry due to the complex nature of the industry as well as the sheer magnitude of the cost of commercial construction projects.'

Profitability 214

Profitability Risk Commercial Industrial 214

Green Building Law Update

APRIL 4, 2021

That improved balance sheet for green buildings translates directly into green buildings having over 30% fewer commercial mortgage backed securities defaults. This unfair capital subsidy stymies climate progress by siphoning investment from profitable green building including net zero projects, for non sustainable carbon polluting projects.

Green 293

Green Debt Security Commercial 293

NH Construction Law

AUGUST 13, 2020

But many commercial construction contracts provide for mutual waivers of consequential damages in the event of a breach. ” The Court concluded that the quoted language “can only be construed to exclude incidental or consequential damages, such as lost profits, resulting from the data breach. In Mentis Sciences, Inc.

Profitability 40

Profitability Contract Liability Bargains 40

Construction Superintendent Magazine

JULY 18, 2022

The Marcum Commercial Construction Index for the first quarter of 2022 reports that the construction industry faces increasing costs and shortages of both labor and materials, as well as rising interest rates. Despite rising costs of capital, demand for construction services remains elevated. Many contractors report.

Materials 52

Materials Construction Commercial Profitability 52

Construction Business Owner

APRIL 20, 2023

Adopting software doesn’t mean you have to change processes or workflows — it’s about enhancing them with automation, reporting, historical record keeping and bulk actions that improve your business performance and profitability.

Software 177

Software Software Contractors Electrical 177

Construction Specifier

JANUARY 31, 2022

Due to the direct proximity of the basements and ground levels of commercial structures to soil and rock matter, as well as to the gaseous movement of radon upward through that matter and into the air, there is risk to the users of commercial facilities should the gas infiltrate and accrue in more dangerous amounts indoors.

Commercial 52

Commercial Risk Foundation Materials 52

ENR Construction

MARCH 24, 2020

With construction and infrastructure margins so low, and delays in schedule can be the norm, well managed commercial finance can help determine project profit or loss.

Finance 31

Finance Commercial Profitability Schedule 31

Construction Enquirer

APRIL 26, 2023

More than 450 firms have been hit by the collapse of Metnor Construction with subcontractors and suppliers owed more than £10m. Latest results for the company show it made a profit of £1.3m FRP blamed Mentnor’s demise on the withdrawal of a key funder alongside rising costs and loss making contracts.

Debt 84

Debt Profitability Residential Maine 84

HardHatChat

MARCH 17, 2015

As we move further into 2015, Englewood Construction has been fortunate to entertain a lot of new business opportunities. All signs have been pointing to a robust commercial construction pipeline, with activity consistently on the rise. As a former architect and member of the AIA, this couldn’t make me happier.

Design 120

Design Commercial Budgeting Budget 120

Construction Dive

AUGUST 26, 2019

Commercial builders mostly expect profit to grow this year despite economic warning bells around debt and trade, according to an ABC confidence index.

ABC 132

ABC Debt Profitability Commercial 132

BD+C

MARCH 22, 2021

Construction has commenced at 225 South Slate Street in downtown Salt Lake City, a 190-unit, mid-rise and high-rise, mixed-use community.

Income 52

Income Profitability Commercial Organization 52

Contractor Bookkeeping

APRIL 29, 2022

Before the internet was commercially available, there were just as many experts advising contractors about the layout and design of yellow page ads and which books to spend money on. If you want your business to continue growing and thriving, you'll need to find ways to bring in new clients.

Construction 89

Construction Commercial US Contractors 89

Contractor Bookkeeping

MARCH 24, 2023

However, good business advice spoken from commercial experience is another matter entirely. Most business owners receive plenty of well-intentioned advice and 'helpful opinion' from family and friends.

IDEA 95

IDEA Commercial Construction Profitability 95

Viewpoint Construction Technology

MARCH 27, 2018

According to the JBKnowledge 2017 Construction Technology Report , 62.2 A wide array of emerging technologies exists, and more are making their way into the construction industry every year. percent of construction companies tried drone technology, a 10 percent increase from the previous year. In 2017, 37.8

Contractors 189

Contractors Construction Visualization Software 189

Construction Enquirer

JULY 12, 2023

Diversified construction group JRL has delivered strong revenue and profit growth at its main contracting business Midgard. Overall JRL group revenue for the year jumped 25% to £761m with pre-tax profit halved at £13m. As a result group margin dropped from 4.4%

Profitability 65

Profitability Maine Contract Engineering 65

Contractor Bookkeeping

SEPTEMBER 5, 2013

All Construction Contractors Get Referrals which some turn out to be profitable some turn out non-profitable. The key is getting more profitable leads and fewer not-profitable leads. Most Profitable Lead Referrals come from your clients and most not-profitable lead referrals come from customers.

Profitability 49

Profitability Contractors Accounting Income 49