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The AEC Professional's Essential Guide to Connected Construction

Construction Business Owner

Less rework means faster schedules, fewer change orders, and, more importantly, a less expensive and more profitable construction experience for the owner and contractor. Embracing a new way of working to solve construction’s oldest challenges. Greg Ragsdale. Wed, 06/01/2022 - 14:40.

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5 Tips To Make Your Construction Business More Profitable

cnstrctr

Construction is a cut-throat industry, and making your construction business more profitable can be a challenge. Making more money isn’t rocket science, by following our five tips you’ll be increasing your profits in no time! Understanding your competition is key to making your construction business more profitable.

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Using Business Intelligence to Gain a Competitive Edge

Viewpoint Construction Technology

When profit margins are thin, it doesn’t take much to wipe out a project’s financial benefits. Insights from all this information could increase profit and productivity and reduce time, errors, and material waste. Insights from all this information could increase profit and productivity and reduce time, errors, and material waste.

Risk 169
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Three Unique Marginal Costs Grow Construction Profitability

Contractor Bookkeeping

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. Construction Company.

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A Guide to Selecting the Right Construction Software

Viewpoint Construction Technology

Construction management is no easy task, as today’s contractors have a lot to juggle: job costs and budgets, progress reporting, overseeing subcontractors, field crews and schedules, materials and equipment, constantly moving timelines and much more.

Software 152
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Unique Bookkeeper Errors Reduce Contractor Profits

Contractor Bookkeeping

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. He had to rely on his gut feeling.

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The digital black hole impacting the construction industry

Fieldwire

It’s a widespread problem that attributes to some of the inefficiencies that cause large projects to run on average 20% longer to finish than scheduled and up to 80% over budget. This can help improve planning and overall profitability. Download the full white paper from Hilti about the lack of digitization in construction.