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Construction Business Owner Blogs

Construction Business Owner

This seems to present a “darned-if-you-do-darned-if-you-don’t” situation. Change orders can be harder to manage – and present more of a profitability challenge – than pre-planned project work. All of a company’s overhead – office, management, and other costs – need to be rolled into the pricing.

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Walk on By? If You're Ignoring Waste, It's at Your Own Expense

Pro Builder

Rather than present our findings immediately, I ask readers to do their analysis and share. There's Money Just Lying Around Much of this waste is obvious, like the examples presented here. Each extra corner in a foundation costs anywhere from $150 on a single-story slab home to as much as $500 or more on a basement two-story.

Housing 89
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Free Customizable Construction Accident Prevention Programs

Contractor Bookkeeping

What Gets Measured Gets Managed! I talk endlessly during in person presentations to gatherings of contractors and other business owners about developing and monitoring their construction company''s strategy, expansion isoquants, business plans. Visit [link] to learn more. Edward Deming, Michael Gerber, Walter A.

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Why Your Construction Company Needs Bookkeeping

Contractor Bookkeeping

In the late 1800''s bankers, lenders and credit agencies began working toward a common language to develop a set of standards for how financial statements could be presented that would allow everyone in the world of finance to compare apples to apples. See more at: [link]. Visit [link] to learn more. Edward Deming, Michael Gerber, Walter A.

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Unique Construction Company Financing Secrets Revealed

Contractor Bookkeeping

One of the keys to getting a banker, lender or bonding company to consider your construction company for financing is the way your financial statements are presented. Each major category, Sales, Cost of Goods Sold, Overhead, Other Expenses and Other Income are rated on a scale of top 25%, middle 50% and bottom 25%.

Finance 48
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15+ Top Construction Trends for 2022

Autodesk Construction Cloud

The resilience required to tackle the challenges of 2021 has become a solid foundation for building in 2022. Already present, hybrid players using new business models will gain importance. Ann Blanchard, Senior Client Project Manager, Arcadis. ” – Ann Blanchard , Senior Client Project Manager, Arcadis.

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Best Practices for Multiple Award IDIQ – Task and Delivery Order Contracting

Building Information Management

Streamlining Ordering TechniquesUse of Oral Presentations. Consider using oral presentations to reduce lead time and contractors’ proposal preparation costs. Plan ahead for oral presentations to allow sufficient time for scheduling of conference room space and evaluators attendance. Work Orders Within Task Orders.