Pro Builder

FEBRUARY 4, 2021

The Shinn Group’s long-running Fin-Op analysis, backed by decades of data, offers builders a road map to profitability and a benchmark of performance. As VP of The Shinn Group , a consulting practice based in Littleton, Colo., Predicting Profit: How to Know Your Margin Before You Close. Home Building by the Numbers. cbroderick.

Profitability 52

Profitability Finance Housing Compensation 52

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.

Profitability 52

Profitability Risk Construction Autodesk 52

Contractor Bookkeeping

DECEMBER 20, 2013

With the optional bill tracking and bill payment services they are increasing bottom line profits by avoiding late fees and taking advantage of vendor discounts which in some cases can generate 36% Return on Investment! About The Author: Randal DeHart, PMP, QPA is the co-founder of Business Consulting And Accounting in Lynnwood Washington.

Profitability 48

Profitability Accounting Construction Security 48

Contractor Bookkeeping

OCTOBER 4, 2013

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. Contractor''s Business Round Table Reduces Profits.

Profitability 48

Profitability Construction Accounting Cash Flow 48

Levelset

AUGUST 17, 2022

These data points provide insight into the profitability of a company and give owners an early indication of potential issues. Architectural business consultant Lucas Gray of Charette Venture Group recommends three KPIs to help firms measure their profitability: break-even point, utilization rate, and billable ratio. .

Profitability 52

Profitability Lien Overhead Cash Flow 52

Construction Business Owner

SEPTEMBER 27, 2011

Accounting & Finance. I highly recommend that any contractor considering such an investment first consult with their CPA or tax specialist to discuss how Section 179 applies to their unique situation. MANAGEMENT |. ACCOUNTING |. SOFTWARE |. MARKETING |. INSURANCE |. EQUIPMENT |. General Management. Software & Technology. foundation.

Construction 180

Construction Software Software Accounting 180

Levelset

AUGUST 4, 2022

If you don’t have enough cash available for your expenses, you may need to look at some short-term financing options. Gray recommends starting with your breakeven rate and then adding 20% to that as your profit margin. Financing activities include stock offerings and long-term debt. Budget categories.

Cash Flow 52

Cash Flow Budgeting Budget Forecasting 52

Buisness Facilities Contributed Content

MARCH 9, 2016

Oregon Business Development Fund (OBDF): A revolving loan fund that provides term fixed-rate financing for land, buildings, equipment, machinery and permanent working capital. The program is designed for non-profit and for-profit businesses seeking funds for most business purposes. Additional cash payment of up to 16.2%

Oregon 40

Oregon Zoning Finance Income 40

Contractor Bookkeeping

MAY 2, 2013

Four Important Words That Turn High Profit Jobs Into Non-Profit Jobs! You do what you promise and they will pay you, no questions asked and they are the foundation for high profit repeat customers. These are marginal customers you will want to replace with high profit repeat customers. 3 Consult Your Employees.

Change Orders 48

Change Orders Contractors Cash Flow Profitability 48

Construction Business Owner

JUNE 29, 2012

Accounting & Finance. This week, I’m pleased to welcome David DeVita, a safety expert with 20 years of experience, from Carolina Safety Consultants. A Safety Consultant’s Opinion: After having worked in the safety industry for over 21 years, 14 of which were with 2 major insurance companies. MANAGEMENT |. ACCOUNTING |.

Construction 120

Construction Safety Software Software 120

ProcurementExpress.com

FEBRUARY 11, 2019

The consulting group reported that the industry needs to adopt automation, digital technologies, and embrace new materials if they want to succeed in a changing industry landscape. All these moving pieces mean purchasing teams, finance, and executives need to work closely to keep operations running smoothly—and within the budget.

Procurement 63

Procurement Plans Construction Budgeting 63

Contractor Bookkeeping

AUGUST 29, 2014

Is Cash Flow The Same As Profit? While they might seem similar, profit and cash flow are two entirely different concepts, each with entirely different results. The concept of profit is somewhat broad and only looks at income and expenses over a certain period, say a fiscal quarter. Please contact us and we can help you with it.

Cash Flow 48

Cash Flow Management Contract Accounting 48

Buisness Facilities Contributed Content

MARCH 9, 2016

FINANCING & GRANTS. The Business Ready Community Grant & Loan Program: Can provide financing for publicly owned infrastructure that promotes economic development within Wyoming communities and provides publicly owned infrastructure that facilitates a specific businesses needs. The purchase of these bonds is authorized by W.S.

Wyoming 40

Wyoming Finance Debt Equipment 40

Construction Business Owner

MAY 31, 2011

Accounting & Finance. This phase consists of consultation with Customers, Sales, Client Services, Quality Control, Programming and Management. This may involve continued consultations with those people previously interviewed. MANAGEMENT |. ACCOUNTING |. SOFTWARE |. MARKETING |. INSURANCE |. EQUIPMENT |. General Management.

Construction 149

Construction Software Software Accounting 149

ProcurementExpress.com

FEBRUARY 11, 2019

The consulting group reported that the industry needs to adopt automation, digital technologies, and embrace new materials if they want to succeed in a changing industry landscape. All these moving pieces mean purchasing teams, finance, and executives need to work closely to keep operations running smoothly—and within the budget.

Procurement 52

Procurement Plans Construction Budgeting 52

Construction Business Owner

FEBRUARY 2, 2012

Accounting & Finance. In the February issue of CBO, FMI consultant Gregg Schoppman points out some important lessons every construction business owner can learn from Beane’s story. In the end, jobs must translate to bottom-line profitability.” MANAGEMENT |. ACCOUNTING |. SOFTWARE |. MARKETING |. INSURANCE |. EQUIPMENT |.

Construction 120

Construction Software Software Accounting 120

Construction Business Owner

FEBRUARY 2, 2012

Accounting & Finance. Jim is a senior consultant with FMI and specializes in building profits by developing tailored operations strategies for his clients. If leadership success was measured only on profitability, then there were certainly many “great leaders” sitting in the CEO position of many contracting companies.

Construction 120

Construction Software Software Accounting 120

cnstrctr

FEBRUARY 4, 2019

In order to get occupancy you need a number of documents from your consultants and various agencies but ultimately it’s the building inspector who grants occupancy. Some of the documents they will be looking for include: Letters from each of the consultants confirming that the project is built to drawings and specs.

Construction 60

Construction Documentation Permits Contract 60

PSMJ Resources

JULY 1, 2014

firms, and with planned and developed strategies, the risks can be very rewarding and profitable.' The firms that are successful in pursuing international grants have developed a strategy. Project follow-up through direct contacts or foreign ambassadors shows a firm’s interest and commitment to the project outcome.

United States 43

United States Feasibility Resource Procurement 43

Contractor Bookkeeping

AUGUST 27, 2014

Let us handle your QuickBooks setup for your contracting company because accurate QuickBooks contractor reports are what profitable contractors use to help them steer their construction company through the ups and downs of the business cycle. Which QuickBooks Reports Will Help You Increase Sales And Profits? Of course you are!

Contractors 88

Contractors Accounting Work in Progress Profitability 88

Construction Business Owner

AUGUST 18, 2011

Accounting & Finance. Now I am by no means an expert on the subject, so prior to starting the bonding process, it is important to consult with a bonding specialist to review all the requirements for your specific situation. MANAGEMENT |. ACCOUNTING |. SOFTWARE |. MARKETING |. INSURANCE |. EQUIPMENT |. General Management. foundation.

Cash Flow 168

Cash Flow Software Software Accounting 168

PSMJ Resources

OCTOBER 6, 2011

the premier management consulting firm for the A/E/C (architecture/engineering/construction) industries, distributed its annual PSMJ Circle of Excellence and Premier Award for Client Satisfaction Awards for 2011. Alfred Benesch & Company Atlantic Coast Consulting, Inc. GBBN Architects Geosyntec Consultants, Inc.

Resource 46

Resource Consulting Engineering Architecture 46

Construction Business Owner

AUGUST 19, 2011

Accounting & Finance. These are risk takers, men and women who are driven to hustle and make a profit—not the sitting still type. MANAGEMENT |. ACCOUNTING |. SOFTWARE |. MARKETING |. INSURANCE |. EQUIPMENT |. General Management. Software & Technology. Construction Law. People Management. Green Building. Construction Safety. foundation.

Construction 120

Construction Software Software Accounting 120

Levelset

MARCH 16, 2022

During this first phase, pre-construction , the project owner will consult with an architect or design firm about an idea or plan. This aspect of the phase alone can prevent a project from going totally off the rails while taking the profit margin with it. Pre-construction.

Lien 52

Lien Construction Budgeting Budget 52

Construction Business Owner

NOVEMBER 3, 2011

Accounting & Finance. Gregg is a consultant with FMI and specializes in the areas of productivity and project management. MANAGEMENT |. ACCOUNTING |. SOFTWARE |. MARKETING |. INSURANCE |. EQUIPMENT |. General Management. Software & Technology. Construction Law. People Management. Green Building. Construction Safety. Sales/Marketing.

Construction 120

Construction Software Software Accounting 120

Construction Business Owner

DECEMBER 9, 2011

Accounting & Finance. David is a construction safety expert for Carolina Safety Consultants with over 20 years of experience. Tags: Carolina Safety Consultants , construction safety , job cost savings. MANAGEMENT |. ACCOUNTING |. SOFTWARE |. MARKETING |. INSURANCE |. EQUIPMENT |. General Management. Software & Technology.

Construction 136

Construction Insurance Software Software 136

Construction Business Owner

FEBRUARY 9, 2012

Accounting & Finance. I’m pleased to announce that this week’s blog is written by David DeVita, President of Carolina Safety Consultants. MANAGEMENT |. ACCOUNTING |. SOFTWARE |. MARKETING |. INSURANCE |. EQUIPMENT |. General Management. Software & Technology. Construction Law. People Management. Green Building. foundation.

Construction 120

Construction Software Software Safety 120

Contractor Bookkeeping

JUNE 15, 2012

McDonalds Restaurants Earns - Massive profits and part of the reason is cash flow. You Can Offer Financing - Accept credit cards! Don't Finance - Your customer or client's project by providing a substantial amounts of labor, material, subcontractors and rental equipment hoping to get paid later on down the road.

Contractors 54

Contractors Cash Flow Banking Finance 54

PSMJ Resources

MARCH 26, 2012

This includes outside agencies, subcontractors, and consultants who must be roused to perform at their utmost in the client’s interest. The PM must understand finance and serve as the last bastion of the firm’s cash flow picture. • Make the planned profit on every job. Scarlett Consulting. Newer Post.

Project Management 43

Project Management Resource Management Cash Flow 43

Contractor Bookkeeping

JULY 7, 2014

Arrange Financing For Trucks And Equipment. Generate Useful Profit & Loss Reports. Call Sharie 206-361-3950 or sharie@fasteasyaccounting.com and schedule your no charge one-hour consultation. About The Author: Randal DeHart, PMP, QPA is the co-founder of Business Consulting And Accounting in Lynnwood Washington.

Contractors 48

Contractors Accounting Banking Project Management 48

Contractor Bookkeeping

JULY 24, 2014

There is a lot of information to be gained when you compare this year’s Profit & Loss to the prior year because it will alert you to trends early enough to respond rather than reacting after it is too late and help establish profit and sales goals. See more at: [link]. QuickBooks Outsourced Construction Bookkeeping Services.

Accounting 48

Accounting Construction Contractors Profitability 48

Construction Business Owner

MAY 17, 2012

Accounting & Finance. This week, I’m pleased to welcome David DeVita, a safety expert with 20 years of experience, from Carolina Safety Consultants. MANAGEMENT |. ACCOUNTING |. SOFTWARE |. MARKETING |. INSURANCE |. EQUIPMENT |. General Management. Software & Technology. Construction Law. People Management. Green Building. foundation.

Construction 120

Construction Software Software Injury 120

Contractor Bookkeeping

JULY 28, 2014

I have personal and business credit cards to finance the work. Use this money for working capital and stop financing somebody else''s dream. Large Profitable Construction - Companies have known about and used some form of Business Process Management (BPM) for hundreds of years. For example: Contract $50,000 / 5 weeks = $10,000.

Contractors 48

Contractors Change Orders Accounting Cash Flow 48

PSMJ Resources

JUNE 5, 2012

PMs often complain that they fail to earn budgeted profits. for quality, speed, and profitability. Scarlett Consulting. Corporate Finance Associates blog. skip to main | skip to sidebar. Tuesday, June 5, 2012. 5 Ways to Manage Your Principal. because they can’t control the hours principals charge to their.

Resource 43

Resource Management Budgeting Budget 43

Contractor Bookkeeping

JANUARY 27, 2014

They could do a fine job, the only question is how long would it take and would you be able to sell the house and make a profit? The difference between a Professional Bookkeeping Service and a Cheap Bookkeeper can cost you tens of thousands of dollars a year or more on your bottom line profit.

Contractors 48

Contractors Accounting Banking Profitability 48

PSMJ Resources

SEPTEMBER 24, 2012

Successful branch office managers are good candidates because they: • Operate the branch office as a profitable entity. They’re experienced in profit accountability, since they must demonstrate and achieve financial viability as a branch. Scarlett Consulting. Corporate Finance Associates blog. AECBytes.com.

Resource 43

Resource Management Office Profitability 43

Construction Business Owner

NOVEMBER 10, 2011

Accounting & Finance. This week, I’m pleased to welcome David DeVita, a safety expert with 20 years of experience, from Carolina Safety Consultants. Tags: Carolina Safety Consultants , construction operations , construction safety , Dexter + Chaney , project management. MANAGEMENT |. ACCOUNTING |. SOFTWARE |. MARKETING |.

Construction 120

Construction Software Software Safety 120