article thumbnail

The Startup Construction Business Checklist: 3 Important Documents You Need to Have

Construction Marketing

This article outlines three important documents that you’ll need in order to start and run a profitable business. First of all, it’s a document you’ll find yourself constantly referring to as it contains key statistics, such as forecasted sales and company turnover. Legal Documents. Business Plan.

article thumbnail

How to Do a Takeoff in Construction: A Step-by-Step Guide   

Autodesk Construction Cloud

Accurate construction takeoffs and quantification lead to more profitable projects. Ultimately, their focus is to accurately quantify the materials and calculate the costs to ensure that they have both a winning and profitable bid. . The Anatomy of a Construction Takeoff . Step 2: Count and List the Materials Required .

professionals

Sign Up for our Newsletter

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

article thumbnail

A glossary of terms with reference to Construction Cost Estimating

Construction Cost Estimating

B Basis of estimate (BOE) - a document which describes the scope basis, pricing basis, methods, qualifications, assumptions, inclusions, and exclusions. Bill of quantities (BOQ) - a document used in tendering in the construction industry in which materials, parts, and labor (and their costs) are itemized. May also be called pricing.

article thumbnail

Construction quality management: Everything you need to know

Lets Build

It requires written standards that can be referred to at any time by employees, sub-contractors, and clients alike. That gives your firm the fiscal strength and confidence to pitch positively for future work, without overruns or remediation eating into profit margins at this time of unexpectedly high inflation. Creating a plan.

article thumbnail

Your Guide to Preconstruction Planning

Autodesk Construction Cloud

Maximizes Profit. This results in higher profitability—something that’s critical in a low-margin industry like construction. . Managing Preconstruction Documents . The preconstruction team must manage these documents and make sure they’re completed by the right people at the right time. . Construction documents (CD).

Plans 52
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

14 Integrations for Owners to Power Smarter Projects

Autodesk Construction Cloud

As an owner, your everyday list of todo’s seems to boil down to two things: increase profit and reduce risk. Handover documentation. This helps track, collaborate, and manage documents, issues, RFIs, and sheets. This is why it pays to improve visibility and collaboration with construction teams through technology. Resolve .