Construction Business Owner

MAY 16, 2023

Inside the 2023 Outlook for Equipment Acquisition & Financing ccapoccia Tue, 05/16/2023 - 16:08 Each year brings new challenges that construction businesses must navigate to be profitable and grow.

Finance 156

Finance Equipment Leases Foundation 156

Autodesk Construction Cloud

JUNE 8, 2023

The famous Aristotle quote that goes, “Well begun is half done,” rings very true in the construction industry. the preconstruction phase), you complete a significant part of the job and create a strong foundation and direction for the remaining work. Looking for a solution to help you achieve just that?

Profitability 98

Profitability Bidding Estimating Risk 98

Contractor Bookkeeping

MAY 12, 2023

Taking steps to create a good foundation in the early days of your business is essential for a sustainable and profitable future. It's rare these days that your prospective leads happen to find your construction business and become a client with no work.

Sustainability 95

Sustainability Accounting Construction Profitability 95

Construction Business Owner

MAY 16, 2023

Understanding this basic principle sheds light on the most fundamental element at the heart of every construction firm’s finances: accounting estimates, specifically related to job costing. These estimates provide management with a foundation to effectively interpret costs, profitability and bid processes.

Accounting 156

Accounting Estimating Finance Bidding 156

Lets Build

SEPTEMBER 15, 2022

As the size and challenges of these projects continue to grow, so do the problems they bring for general contractors and construction companies. The result is often lower productivity and less profitability for those involved in infrastructure projects. Free eBook: Quick guide to Lean practices for construction professionals.

Infrastructure 148

Infrastructure Construction Profitability Contractors 148

Job Order Contracting

JULY 26, 2023

Objective, current, and verifiable data and a robust collaborative workflow form the foundation of a successful JOC Program. Here’s an example of a JOC Program workflow. A locally researched, current unit price book is a prerequisite to a good estimating outcome and associated review and approval process.

Overhead 131

Overhead Profitability Foundation Estimating 131

Autodesk Construction Cloud

JULY 13, 2023

.” This quote primarily relates to personal finance, but his advice also rings true in the construction industry. While bringing in large projects and generating revenue is essential, it’s equally important to manage profit effectively and ensure healthy margins. Have a look below. It does matter.

Profitability 98

Profitability Risk Construction Autodesk 98

Construction Business Owner

JUNE 12, 2013

June 12, 2013) – The ACI Foundation, a wholly-owned and non-profit subsidiary of the American Concrete Institute (ACI), announces the opening of its student Fellowship and Scholarship program for the 2014-2015 academic year.' FARMINGTON HILLS, Mich.

Foundation 137

Foundation Profitability Concrete 137

Autodesk Construction Cloud

NOVEMBER 13, 2023

The construction industry is no stranger to big changes. Every big change has certainly come with its challenges, but the construction industry has successfully overcome these pain points to advance processes and achieve new levels of efficiency.

Autodesk 142

Autodesk Construction Risk Products 142

Autodesk Construction Cloud

FEBRUARY 1, 2024

A strong financial base in construction is as vital for success as a solid physical foundation is for any building project. Paired with razor-thin profit margins, it’s increasingly difficult for construction firms to build and maintain the financial foundation necessary to compete and thrive in the industry.

Autodesk 87

Autodesk Cash Flow Construction Risk 87

Lets Build

DECEMBER 9, 2022

The global construction market is worth trillions —and it’s still growing each year. The industry is crucial for economic growth and development, providing the foundation for basically every other industry to operate on. Don’t underestimate the role that communication and collaboration play in construction workforce management.

Management 157

Management Construction Schedule Software 157

Lets Build

APRIL 6, 2022

Almost every construction professional faces the same problem – cash flow. Retainage is a long-standing practice in the industry that can make life challenging for construction workers. Retainage in construction defined. What every construction contractor should know about retainage. Retainage limits and deadlines.

Cash Flow 147

Cash Flow Lien Construction Negotiation 147

Lets Build

AUGUST 4, 2023

In today’s construction industry, the success of your projects hinges on investing in the right digital and technological solutions. Such solutions play a vital role in different phases and areas of construction, including on-site coordination, execution, safety, communication, etc. This allows you to work within the budget.

Software 78

Software Software Construction Budgeting 78

ENR Construction

APRIL 7, 2023

Firms in the construction and engineering industry deliver complex, high-value projects for exceedingly small profit margins.

Foundation 36

Foundation Profitability Engineering Industrial 36

Pro Builder

JUNE 23, 2023

The Rosendin Foundation, a non-profit organization, is sponsoring TRF Camp Build to teach more than a dozen middle school students about opportunities in the skilled trades. You learn how to use a drill, it can be very intimidating,” said Jolsna Thomas with the Rosendin Foundation.

Arizona 52

Arizona Profitability Foundation Education 52

Lets Build

AUGUST 4, 2023

In today’s construction industry, the success of your projects hinges on investing in the right digital and technological solutions. Such solutions play a vital role in different phases and areas of construction, including on-site coordination, execution, safety, communication, etc. This allows you to work within the budget.

Software 78

Software Software Construction Budgeting 78

Contractor Bookkeeping

MAY 31, 2019

Proper construction accounting is all about the details. Everything starts with cash because "cash is fact, profit is an opinion." All transactions in the bank account of your construction accounting system no matter if it is QuickBooks or Xero, must be assigned to the proper accounts: Income.

Accounting 59

Accounting Profitability Overhead Banking 59

Autodesk Construction Cloud

JULY 13, 2023

This quote primarily relates to personal finance, but his advice also rings true in the construction industry. While bringing in large projects and generating revenue is essential, it's equally important to manage profit effectively and ensure healthy margins. Have a look below. You should also keep a laser focus on price.

Profitability 52

Profitability Risk Construction Autodesk 52

Contractor Bookkeeping

SEPTEMBER 12, 2014

Construction Company. Cost Is What You See - Profit potential is what you don''t see. High profit construction company owner''s focus on both and understand it "Takes Money To Make Money". Highly Profitable Companies - Focus on how high is up? This one thing can have a massive impact on cash flow and profits.

Profitability 48

Profitability Accounting Construction Project Management 48

Job Order Contracting

MARCH 14, 2017

JOC Construction Labor Costs. JOC construction labor costs p rovide the foundation for any successful Job Order Contracting Program. On average, labor accounts for sixty percent (60%) of a project total construction cost and is therefore a primary consideration. Bare costs (no contractor overhead and profit).

Construction 100

Construction Overhead Contract Accounting 100

Constructlaw

OCTOBER 12, 2022

Silvi), a concrete supplier, to supply concrete for the foundation for construction of a luxury hotel in Philadelphia. Carney hired a third party, Construction Technology Laboratories (CTL), to develop the recipe for the concrete. (Carney), a concrete subcontractor, hired Silvi Concrete Products, Inc.

Pennsylvania 52

Pennsylvania Claims Concrete Contract 52

Chianelli Estimating

NOVEMBER 1, 2021

What is Construction Estimating? Construction projects don’t come with a price tag attached. The materials needed, the cost of labor, the building site’s market volatility and other hidden expenses can fluctuate throughout the construction process. What Does a Construction Estimator Do? The landscape.

Estimating 60

Estimating Construction Materials Bidding 60

Job Order Contracting

JANUARY 10, 2021

Is it a a fact that Lean methodology is ignored by the construction sector. While there has been a fair amount written about Lean principles, actual application in the form of an integrated construction planning, procurement, and project delivery methodology has been limited to 5% or less actual work. Lean Construction Reading Primer.

Construction 164

Construction Procurement Contract Management 164

Contractor Bookkeeping

JULY 21, 2012

Strategic Construction QuickBooks Reports Optimize Profit And Growth. Strategy Comes From The Office - QuickBooks Reports and The 80-20 Rule For Construction is one of the tools you use to develop strategy for which markets and customers to focus your time on. Categorize Your Activities For Optimizing Profit And Growth.

Profitability 48

Profitability Construction IDEA US 48

Construction Business Owner

APRIL 26, 2012

Construction Law. Construction Safety. Construction Business Owner Magazine. Construction Business Owner E-Newsletter. -->. « Connecting in Construction. Customer Collaboration & Construction Software » Staying Focused in the Fight Against Profit Fade. INSURANCE |. EQUIPMENT |.

Change Orders 120

Change Orders Construction Profitability Software 120

Contractor Bookkeeping

AUGUST 11, 2014

The banker said his Profit & Loss, Balance Sheet did not look right to him. His banker was a blunt and told him that if he wanted to stay in the construction business he needed to have accurate Profit & Loss, Balance Sheet and Job Costing Reports. QuickBooks Job Profitability Reports.

Profitability 48

Profitability Contractors Accounting Income 48

Construction Business Owner

DECEMBER 20, 2011

Construction Law. Construction Safety. Construction Business Owner Magazine. Construction Business Owner E-Newsletter. -->. New Year’s Resolutions for Construction Management » Merry Christmas! Is There No Free Lunch or Construction Software? Top 5 Trends in Construction Software. construction.

Software 120

Software Software Construction Accounting 120

Viewpoint Construction Technology

OCTOBER 9, 2018

An architect using digital tablet to check plans for construction on site. Combining the statistics with the ongoing boom in engineering as well as in commercial construction, the signs are positive that it will be a steady 2018 — if not beyond. increases respectively. For other residential building commencements, the value rose 0.2%

Industrial 130

Industrial Construction Software Software 130

Autodesk Construction Cloud

NOVEMBER 8, 2022

It’s normal to hear people saying they know what the next big thing in construction is going to be, but how often do those predictions really play out? To become sustainable, the culture of construction has to change into one of a circular economy. With this concept, the construction industry can move forward in several ways.

Construction 105

Construction Sustainability Materials Environment 105

Construction Business Owner

APRIL 5, 2012

Construction Law. Construction Safety. Construction Business Owner Magazine. Construction Business Owner E-Newsletter. -->. Green Construction & Construction Software » The Business of Construction Risk Management. This, after all, is the foundation of the insurance industry.

Risk 120

Risk Insurance Construction Software 120

Construction Business Owner

APRIL 1, 2011

Construction Law. Construction Safety. Construction Business Owner Magazine. Construction Business Owner E-Newsletter. -->. Healthy Competition » Free Webinar on Reducing Profit Fade. In turn, profit fade can dramtically affect cash flow and hinder the possibility of booking new jobs. INSURANCE |.

Cash Flow 120

Cash Flow Construction Software Software 120

Construction Business Owner

JANUARY 31, 2012

Construction Law. Construction Safety. Construction Business Owner Magazine. Construction Business Owner E-Newsletter. -->. As a construction business owner, you want customers (both current and potential) to see your business in a specific way. Is There No Free Lunch or Construction Software? INSURANCE |.

Construction 185

Construction Software Software Accounting 185

Construction Business Owner

SEPTEMBER 27, 2011

Construction Law. Construction Safety. Construction Business Owner Magazine. Construction Business Owner E-Newsletter. -->. Construction Business Owner Attends APWA 2011 Congress » Section 179, and what YOU need to know about it. Is There No Free Lunch or Construction Software? INSURANCE |.

Construction 181

Construction Software Software Accounting 181

Construction Business Owner

JANUARY 18, 2012

Construction Law. Construction Safety. Construction Business Owner Magazine. Construction Business Owner E-Newsletter. -->. Querying different type of jobs in job costing to look at profitability by type. Is There No Free Lunch or Construction Software? Top 5 Trends in Construction Software.

Construction 169

Construction Software Software Accounting 169

Autodesk Construction Cloud

FEBRUARY 15, 2023

The same principles apply to Lean Construction, the methodology, and processes of design and construction to generate the greatest value for clients. Let’s review the core elements of Lean Construction and the advantages it offers the industry. How Does Lean Fit into the Construction Industry?

Construction 85

Construction Schedule Plans Products 85

Contractor Bookkeeping

AUGUST 4, 2014

Ever Wonder Why Some Competitors Seem To Have More Cash Flow And Profit Than You? 3 Innovate and improve continuously everything in your construction company. #4 3 Innovate and improve continuously everything in your construction company. #4 It appeared his Plumbing Company was earning over five times the normal profit.

Profitability 49

Profitability Contractors Accounting Documentation 49

Construction Business Owner

NOVEMBER 8, 2011

Construction Law. Construction Safety. Construction Business Owner Magazine. Construction Business Owner E-Newsletter. -->. Not All Construction Software is Created Equal » Being the Best. Is There No Free Lunch or Construction Software? Top 5 Trends in Construction Software. construction.

Construction 175

Construction Software Software Accounting 175