Contractor Bookkeeping

MARCH 26, 2021

Most construction business owners who use accounting software quickly master the basics. They automate processes like invoicing and payroll, track expenses, and view real-time financial reports to manage cash flow and make better business decisions. What three reports do you need for your construction business? #1 Cash On Hand - This report shows you how much cash you have in your checking accounts, savings accounts, payroll accounts, hip national bank (your wallet), and petty cash box in your o

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Accounting Software Software Cash Flow 105

Construction Business Owner

MARCH 26, 2021

How to Make Changes & Still Make Money. Alex Headley. Fri, 03/26/2021 - 11:30. 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.

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Overhead Subcontracting Change Orders Profitability 328

Construction Equipment

MARCH 26, 2021

Today I’d like to tell you a story about change. The seeds that started this change were sown in the latter years of the last century, but as any farmer will tell you, seeds don’t sprout overnight. In fact, these seeds are still not fully blossomed. But we’re getting there.

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BD+C

MARCH 26, 2021

Commercial real estate in our downtowns is going to look very different in the coming years. The COVID-19 pandemic has accelerated trends like the adoption of digital business solutions and work-from-home policies, leading many companies to experiment with reducing their physical footprint as their leases come up for renewal.

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Office Leases Commercial 111

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The Verdantix Green Quadrant: EHS Software 2023 is an independent third-party analysis of 23 EHS software vendors (including Intelex) that provides an in-depth look at the technical capabilities, application breadth, innovation focus, and momentum of key environmental, health, and safety management software market players. The guide is essential reading for EHS software benchmarking, especially for understanding unique vendor strengths and capabilities.

Software

Business Facilities

MARCH 26, 2021

As the nation’s top wheat producer, Kansas has long been an agribiz leader. The Sunflower State also is in the top tier for food manufacturing. - Read: Kansas: Setting A Bountiful Table In The Heartland at BusinessFacilities.com.

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Kansas Kansas City Transportation Employment 105

ENR Construction

MARCH 26, 2021

For years, construction decisions makers agreed that construction has lagged behind other industries when it comes to digitization. Study after study revealed that other sectors were adopting technology and integrating data sources to increase productivity.

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Project Management Management Construction Products 85

Construction Equipment

MARCH 26, 2021

Minnich announced its top dealers of 2020 according to sales performance. Top Minnich dealers for 2020 include: • Top Overall Dealer and Midwest Region Top Dealer: Logan Contractors Supply, Inc.

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Indianapolis Iowa Indiana Equipment 69

Business Facilities

MARCH 26, 2021

Energy efficient air treatment and climate solutions manufacturer Munters Group AB will build a state-of-the-art facility in Botetourt Center to replace its Buena Vista, VA plant. - Read: Munters Group AB Investing $36M In Virginia at BusinessFacilities.com.

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Virginia Employment News 72

Construction Equipment

MARCH 26, 2021

Liebherr and Leica Geosystems, part of Hexagon, have been partners in the machine control systems area since last year.

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As the use of Enterprise Resource Planning systems in the construction industry is critical to optimizing operations, it's critical that decision makers conduct a thorough software evaluation to find the one that best aligns to their needs.

Industrial

Pro Builder

MARCH 26, 2021

More Americans Plan to Purchase in Next Four Months. cbroderick. Fri, 03/26/2021 - 09:38. The number of Americans who purchased a home or apartment in the past four months remained slim, but the New York Federal Reserve Bank’s survey found many more Americans are planning to purchase within the next four months. Additionally, the New York Federal Reserve Bank’s Survey of Consumer Expectations found monthly household spending increased slightly in December, reports the National Association of Hom

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Plans New York NAHB Housing 59

Construction Equipment

MARCH 26, 2021

Bloomberg is reporting that the blockage of the Suez Canal is causing delays in Caterpillar shipments. (Link requires registration.) The canal has been blocked by a ship lodged between the two sides after a dust storm hit the area days ago.

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Natural Building

MARCH 26, 2021

The ancient city of Machu Picchu, perched among the peaks of southern Peru, flourished for just over a hundred years between the mid-15th and mid-16th centuries. It is famous for its intricate, masterful stone masonry. But often invisible to the untrained eye is masterful drainage infrastructure and slope stabilization. Ruth Wright, a historian, travel writer, and environmental activist and her husband Ken Wright, a civil engineer, have studied Machu Picchu over some two dozen trips. “It’s

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Foundation Travel Design Documentation 52

Pro Builder

MARCH 26, 2021

Top Reasons Why Buyers are Braving the Tough Market. cbroderick. Fri, 03/26/2021 - 09:28. Buyers are facing a market with tough competition, low inventory, and rising home prices, but they say it’s all worth it to achieve the American dream. A recent Realtor.com survey asked more than 800 prospective buyers about their home searching experience, and nearly 43% of respondents have been on the hunt for more than a year.

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Equity Inventory Finance Budgeting 52

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Choosing the right procurement software is a crucial step in ensuring third-party risk management, process governance, and bidding efficiency. With so many procurement solutions to choose from, it can be overwhelming without a frame of reference and a solid starting point. This free buyer’s guide will cover: Benefits of Procurement Software –– Why do you need it?

Procurement

BD+C

MARCH 26, 2021

Oregon State University’s Reser Stadium is set to undergo a transformation project to become a best-in-class football facility with year-round amenities accessible by all students, athletes, faculty, and staff. Populous, in collaboration with SRG Partnership and design-build partner Hoffman Construction, has recently released the first renderings of the project.

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Oregon Design Construction 52

Pro Builder

MARCH 26, 2021

Broader Economy Suffered in 2020 While Home Improvements Thrived. cbroderick. Fri, 03/26/2021 - 09:32. The U.S. economy dipped 3.5% in 2020 as home improvement project spending increased by 3%, according to Harvard University’s Joint Center for Housing Studies. Home improvement and repair spending increased to almost $420 billion, likely due to homeowners adjusting their spaces to meet new working and schooling from home needs.

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Remodeling Income Metro Housing 52

CivilJungle

MARCH 26, 2021

What Is Plywood? Considering all the building materials , Plywood has become one of the most eye-catching materials in the woodworking industry. Nowadays, because of the beneficial properties of plywood, they have become much more needed building materials than traditional materials such as natural wood , brick , plastic , etc. Plywood is an amazing combination of light, strength, and flexibility.

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Materials Foundation Concrete Portland 52

Pro Builder

MARCH 26, 2021

Income Needed to Afford a Home in Every U.S. City. cbroderick. Fri, 03/26/2021 - 09:45. Zippia.com rounded up median home prices for 175 U.S. metros and the minimum income needed to afford a home. CNBC says one in 20 adults have moved in the last year, either permanently or temporarily, but skyrocketing prices are challenging home affordability. The top cities that remain out of reach for the majority of buyers are Los Angeles, San Francisco, Honolulu, New York City, and Oakland, Calif.

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Income Los Angeles San Francisco New York City 52

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Anything that is built on a poor foundation will soon crumble from the ground up. This is literally the case in the construction stage of projects and it applies just the same during the pre-construction stage. This free eBook is your ultimate guide to scaling your business with customizable software as early as during the bidding stage.

Contractors

ENR Construction

MARCH 26, 2021

Construction is often a rewarding and profitable business, but like everything, it also has its share of drawbacks.

Profitability 69

Profitability Construction 69

BD+C

MARCH 26, 2021

Employment 52

Employment Construction 52

ENR Construction

MARCH 26, 2021

Few construction industry leaders would say they oppose data integration. Most acknowledge that combining different data types and formats into a central location allows access to complete, current, and accurate information to help them make fact-based decisions instead of acting on hunches.

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Construction Industrial 46

Lets Build

MARCH 26, 2021

Timely communication is an essential component of success for every project with a lot of repetition in construction. Whether you are building a hospital, a school, an entire apartment block, or even a new road network, it is of paramount importance that your teams are connected around a centralised, live schedule. By moving your project communication to the cloud, you can ensure that everyone stays on the same page and critical issues or last-minute changes are reported directly from the site i

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Schedule Project Management Construction Site 158

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Supply chain challenges and rising material costs are forcing specialty contractors to pay more for what they need to complete each job. Following a simple set of principles, this easy-to-follow guide can help you manage job costs, ease the pains of accounting, and run a more profitable businesses. If you are a Specialty Contractor or Self-performing GC, you do not want to miss out on this essential guide!

Contractors

ENR Construction

MARCH 26, 2021

An international supply-chain crisis is unfolding with an estimated 367 ships blocked

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Estimating 54

Construction Business Owner

MARCH 26, 2021

Foundation Software's 2020 Construction Business Report. Get the inside scoop on the processes & technology construction professionals are using. Greg Ragsdale. Fri, 03/26/2021 - 16:50. Last summer, nearly 600 construction industry professionals shared their thoughts on the processes and technology they use to run their businesses — as well as their predictions for the coming year.

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Foundation Software Software Virgin Islands 306

ENR Construction

MARCH 26, 2021

An international supply-chain crisis is unfolding.

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Pro Builder

MARCH 26, 2021

Architectural Billings, Contracts Reach First Positive Mark Since Early 2020. cbroderick. Fri, 03/26/2021 - 09:35. The Architecture Billings Index achieved positive marks for the first time since February 2020, a sign architects are beginning to see promising growth. The index is seen as an indicator for future construction spending, says Construction Dive.

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Architecture Contract AIA Resource 52

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Research reveals 96% of respondents are very or fairly optimistic about their organization’s growth prospects for the next year. The InEight Global Capital Projects Outlook also finds over half see digital technology as the greatest growth opportunity. But these are only some of the findings. Don't be kept in the dark when it comes to the future. Read the report today!

Construction

ENR Construction

MARCH 26, 2021

An international supply-chain crisis is unfolding.

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Construction Superintendent Magazine

MARCH 26, 2021

One year after the pandemic struck, construction firms are experiencing soaring materials costs, widespread supply-chain problems and continuing project deferrals and cancellations, according to a new survey that the Associated General Contractors of America has released. Association officials urged Congress and the Biden administration to take steps to eliminate tariffs on key materials, address shipping backups and boost funding for new infrastructure to help the industry recovery.

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