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Foundation

Profitability

Regulation

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The Secret Sauce to Protecting Construction Profits

Autodesk Construction Cloud

APRIL 24, 2023

By taking proactive steps and adopting the right tools, you can mitigate and safeguard your firm’s profits. Plus, unforeseen circumstances like weather conditions, supply chain disruptions, or regulation changes can also arise. design and preconstruction.

Profitability Construction Autodesk Forecasting

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Phases of Commercial Real Estate Development

Construction Marketing

JANUARY 25, 2023

This includes analyzing factors such as zoning regulations, transportation access, and market demand. After acquiring the property, the developer must design and plan the project, considering factors such as building codes and zoning regulations, the intended use of the property, and the target market.

Commercial Leases Regulation Finance

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Trending Sources

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What is Retainage in Construction?

Lets Build

APRIL 6, 2022

For most construction companies, retainage payments make up most or all of their profit margin: Failing to collect their retained funds means losing money on the project. It could also apply lower retainage rates to materials and higher ones to labour, helping cover upfront costs that have lower profit margins.

Cash Flow Lien Construction Negotiation

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Construction Business Owner Blogs

Construction Business Owner

DECEMBER 20, 2011

Compliance/Regulations. There’s a lot I could say here, but mostly, I just want to wish everyone a very Merry Christmas and a Happy New Year from everyone at Foundation Software. foundation. foundation software. General Management. Software & Technology. Accounting & Finance. Construction Law. People Management.

Software Software Construction Accounting

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Construction Business Owner Blogs

Construction Business Owner

APRIL 26, 2012

Compliance/Regulations. Customer Collaboration & Construction Software » Staying Focused in the Fight Against Profit Fade. There’s a name for these situations: “profit fade.” The profit you calculate when bidding a job can fluctuate dramatically as work progresses. General Management. Software & Technology.

Change Orders Construction Profitability Software

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Construction Business Owner Blogs

Construction Business Owner

APRIL 1, 2011

Compliance/Regulations. Healthy Competition » Free Webinar on Reducing Profit Fade. One problem that even the most savvy contractors deal with is profit fade, when a job continues to incur additional costs that are not factored into the estimate. foundation. foundation software. General Management.

Cash Flow Construction Software Software

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Construction Business Owner Blogs

Construction Business Owner

APRIL 5, 2012

Compliance/Regulations. This, after all, is the foundation of the insurance industry. And risk can be a profit center, since insurance companies obviously make money. foundation. foundation software. General Management. Software & Technology. Accounting & Finance. Construction Law. People Management. Industry News.

Risk

Risk Insurance Construction Software

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6 Industry Hacks to Overcome Productivity Pitfalls

Autodesk Construction Cloud

NOVEMBER 7, 2022

Now that we’ve laid the foundation for the four P’s of construction improvement (performance, predictability, planet, and people), let’s add some framework around performance. Transparency & Regulation. As with any relationship, the foundation of effective collaboration is trust. The solution? Governmental change.

Products Industrial Procurement Project Management

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Construction Business Owner Blogs

Construction Business Owner

SEPTEMBER 27, 2011

Compliance/Regulations. If a business is unprofitable in 2011, and has no taxable income to use the deduction, that business can elect to use 100% Bonus Depreciation and carry-forward to a year when the business is profitable. foundation. foundation software. General Management. Software & Technology. Construction Law.

Construction Software Software Accounting

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Construction Business Owner Blogs

Construction Business Owner

JANUARY 18, 2012

Compliance/Regulations. Querying different type of jobs in job costing to look at profitability by type. foundation. foundation software. General Management. Software & Technology. Accounting & Finance. Construction Law. People Management. Green Building. Construction Safety. Sales/Marketing. Equipment Management.

Construction Software Software Accounting

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Closing the Gap Between Buyers and Builders

Pro Builder

JUNE 1, 2020

For years, we as builders have been trained by industry consultants to think like manufacturers, create a process, and stick to it if we want to be profitable. Studies and homebuilding consultants tell us that losing about 1 to 3 percent of your gross profit to variances or mistakes is common. Think about this for a minute.

Documentation Software Software Profitability

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Understanding and Addressing Construction Industry Pain Points

Viewpoint Construction Technology

OCTOBER 9, 2018

Doing so will help set the foundations for solid and maintainable growth within your organisation. This imbalance in workforce and projects, has led various companies to find themselves delaying timelines (which incur penalties and affect profits).

Industrial Construction Software Software

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Construction Business Owner Blogs

Construction Business Owner

JANUARY 31, 2012

Compliance/Regulations. foundation. foundation software. Tags: accounting software , business advice , construction , corporate image , foundation software. General Management. Software & Technology. Accounting & Finance. Construction Law. People Management. Green Building. Construction Safety. Sales/Marketing.

Construction Software Software Accounting

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Construction Business Owner Blogs

Construction Business Owner

APRIL 2, 2011

Compliance/Regulations. « Free Webinar on Reducing Profit Fade. foundation. foundation software. Tags: accounting software , business , competition , construction , foundation , fred ode. General Management. Software & Technology. Accounting & Finance. Construction Law. People Management. Green Building.

Construction Software Software Accounting

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Construction Business Owner Blogs

Construction Business Owner

NOVEMBER 8, 2011

Compliance/Regulations. For instance, Foundation Software’s vision is this: “To provide the best in accounting software and service for the labor intensive contractor.” foundation. foundation software. General Management. Software & Technology. Accounting & Finance. Construction Law. People Management. Green Building.

Construction Software Software Accounting

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Construction Business Owner Blogs

Construction Business Owner

JANUARY 19, 2011

Compliance/Regulations. In doing that, I realized that Foundation Software’s sales force became different from the stereotype characterized in the joke I told at the beginning. Foundation Software has been profitable in each of its years of business since 1985. foundation. foundation software. Industry News.

Construction Software Software Accounting

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Construction Business Owner Blogs

Construction Business Owner

OCTOBER 25, 2011

Compliance/Regulations. And when I started Foundation Software in 1985, on top of what I was learning on the fly, I made it a point to actively seek out knowledge, learning as much as I could about management, sales & marketing, leadership, technology, and the industry itself! foundation. foundation software.

Construction Software Software Accounting

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Construction Business Owner Blogs

Construction Business Owner

MAY 17, 2011

Compliance/Regulations. When designing FOUNDATION® for Windows® 3.0 in the mid-1990’s, Foundation Software was faced with a major decision—should we completely redesign and rewrite our DOS product? So who is running the asylum at Foundation? foundation. foundation software. General Management. Industry News.

Construction Software Software Accounting

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Construction Business Owner Blogs

Construction Business Owner

MAY 7, 2012

Compliance/Regulations. « Staying Focused in the Fight Against Profit Fade. foundation. foundation software. General Management. Software & Technology. Accounting & Finance. Construction Law. People Management. Green Building. Construction Safety. Sales/Marketing. Equipment Management. Resource Center. government.

Construction Software Software Accounting

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Construction Business Owner Blogs

Construction Business Owner

APRIL 19, 2012

Compliance/Regulations. Staying Focused in the Fight Against Profit Fade » Connecting in Construction. foundation. foundation software. General Management. Software & Technology. Accounting & Finance. Construction Law. People Management. Green Building. Construction Safety. Sales/Marketing. Equipment Management.

Construction Software Software Conference

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Construction Business Owner Blogs

Construction Business Owner

FEBRUARY 1, 2011

Compliance/Regulations. It seems like just yesterday that Foundation Software was newly incorporated. Foundation gained its own identity, and we have the right people in place for the right jobs. I dream about Foundation, and I make plans for its future. I can’t wait to see what a 30-year-old Foundation Software will do!

Construction Software Software Foundation

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Construction Business Owner Blogs

Construction Business Owner

MAY 31, 2011

Compliance/Regulations. Who is Running the Asylum at Foundation Software? At Foundation Software, we try to avoid inmate takeovers by first assigning a lead analyst to oversee design for each project. foundation. foundation software. General Management. Software & Technology. Accounting & Finance. Construction Law.

Construction Software Software Accounting

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Construction Business Owner Blogs

Construction Business Owner

MARCH 11, 2011

Compliance/Regulations. Free Webinar on Reducing Profit Fade » Game Changers. foundation. foundation software. General Management. Software & Technology. Accounting & Finance. Construction Law. People Management. Green Building. Construction Safety. Sales/Marketing. Equipment Management. Resource Center. government.

Construction Software Software Accounting

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Obtaining the Proper Bonding for Government Jobs

Construction Business Owner

AUGUST 18, 2011

Compliance/Regulations. foundation. foundation software. Tags: bonding , davis-bacon , foundation software , government work , over/under billing , prevailing wage. General Management. Software & Technology. Accounting & Finance. Construction Law. People Management. Green Building. Construction Safety. Sales/Marketing.

Cash Flow Software Software Accounting

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Construction Business Owner Blogs

Construction Business Owner

NOVEMBER 22, 2011

Compliance/Regulations. foundation. foundation software. Tags: accounting , construction , foundation , software , technology. General Management. Software & Technology. Accounting & Finance. Construction Law. People Management. Green Building. Construction Safety. Sales/Marketing. Equipment Management. Resource Center.

Construction Software Software Accounting

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Construction Business Owner Blogs

Construction Business Owner

OCTOBER 20, 2011

Compliance/Regulations. But without exception, the story that each team told through their symbols focused on people, not projects or profits. No discussion of business practices, financial measurements, or profit-building strategies. foundation. foundation software. General Management. Software & Technology.

CFMA

CFMA Construction Software Software

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Construction Business Owner Blogs

Construction Business Owner

MAY 29, 2012

Compliance/Regulations. foundation. foundation software. General Management. Software & Technology. Accounting & Finance. Construction Law. People Management. Green Building. Construction Safety. Sales/Marketing. Equipment Management. Resource Center. Equipment and Services Directory. Ask the Expert. Hardhat Connect. government.

Construction Software Software Cash Flow

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Construction Business Owner Blogs

Construction Business Owner

MAY 24, 2012

Compliance/Regulations. But the point at which the office meets the field – where job progress is tracked, profitability is calculated, invoices and change orders are processed – this is the point where bad (or no) communications between the field and the office results in diminished performance and profits.

Construction Software Software Iowa

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Construction Business Owner Blogs

Construction Business Owner

JUNE 20, 2011

Compliance/Regulations. Take Foundation Software, for example. We have a very strong payroll module in our construction accounting software FOUNDATION for Windows. foundation. foundation software. General Management. Software & Technology. Accounting & Finance. Construction Law. People Management. Green Building.

Construction Software Software Accounting

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Construction Business Owner Blogs

Construction Business Owner

FEBRUARY 17, 2011

Compliance/Regulations. This post was mentioned on Twitter by Erica Brindley, Foundation Software. Foundation Software said: Check out Fred Ode's New Blog: "Don't Dig Your Own Grave": [link] #construction #accounting #software [.]. foundation. foundation software. General Management. government.

Construction Software Software Accounting

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Construction Business Owner Blogs

Construction Business Owner

SEPTEMBER 28, 2011

Compliance/Regulations. foundation. foundation software. General Management. Software & Technology. Accounting & Finance. Construction Law. People Management. Green Building. Construction Safety. Sales/Marketing. Equipment Management. Resource Center. Equipment and Services Directory. Ask the Expert. Hardhat Connect. government.

Construction Software Software Cash Flow

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Construction Business Owner Blogs

Construction Business Owner

OCTOBER 14, 2011

Compliance/Regulations. But to count on them as the source of profit is to bank on an unpredictable variable that is not under your control, that is hard to manage, and that you may wish to use for a completely different purpose – business development (more on this in a moment). foundation. foundation software.

Change Orders Construction Software Software

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Construction Business Owner Blogs

Construction Business Owner

MARCH 1, 2012

Compliance/Regulations. foundation. foundation software. Tags: accounting software , construction , Foundation mobile , mobile devices , payroll , project management , remote timecard entry. General Management. Software & Technology. Accounting & Finance. Construction Law. People Management. Green Building. Industry News.

Mobility Cash Flow Construction Software

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Construction Business Owner Blogs

Construction Business Owner

FEBRUARY 16, 2012

Compliance/Regulations. Banks are attracted to profitable business. foundation. foundation software. General Management. Software & Technology. Accounting & Finance. Construction Law. People Management. Green Building. Construction Safety. Sales/Marketing. Equipment Management. Resource Center. Ask the Expert. government.

Banking

Banking Construction Cash Flow Finance

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Construction Business Owner Blogs

Construction Business Owner

FEBRUARY 9, 2012

Compliance/Regulations. It is a part of the foundation, however, not the cornerstone. foundation. foundation software. General Management. Software & Technology. Accounting & Finance. Construction Law. People Management. Green Building. Construction Safety. Sales/Marketing. Equipment Management. Resource Center.

Construction Software Software Safety

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Construction Business Owner Blogs

Construction Business Owner

FEBRUARY 2, 2012

Compliance/Regulations. In the end, jobs must translate to bottom-line profitability.” foundation. foundation software. General Management. Software & Technology. Accounting & Finance. Construction Law. People Management. Green Building. Construction Safety. Sales/Marketing. Equipment Management. Resource Center.

Construction Software Software Accounting

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Construction Business Owner Blogs

Construction Business Owner

DECEMBER 6, 2011

Compliance/Regulations. foundation. foundation software. General Management. Software & Technology. Accounting & Finance. Construction Law. People Management. Green Building. Construction Safety. Sales/Marketing. Equipment Management. Resource Center. Equipment and Services Directory. Ask the Expert. Hardhat Connect. government.

Construction Software Software Accounting

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Construction Business Owner Blogs

Construction Business Owner

JANUARY 5, 2012

Compliance/Regulations. Carefully monitoring these numbers will help you preserve profit and build more accurate bids on future projects. foundation. foundation software. General Management. Software & Technology. Accounting & Finance. Construction Law. People Management. Green Building. Construction Safety. government.

Construction Software Software Accounting

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Construction Business Owner Blogs

Construction Business Owner

MARCH 8, 2012

Compliance/Regulations. There are many excuses when it comes to ignoring safety regulations. Safety regulations are in place for a reason. foundation. foundation software. General Management. Software & Technology. Accounting & Finance. Construction Law. People Management. Green Building. Construction Safety.

Construction Safety Software Software

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Construction Business Owner Blogs

Construction Business Owner

JANUARY 12, 2012

Compliance/Regulations. foundation. foundation software. General Management. Software & Technology. Accounting & Finance. Construction Law. People Management. Green Building. Construction Safety. Sales/Marketing. Equipment Management. Resource Center. Equipment and Services Directory. Ask the Expert. Hardhat Connect. government.

Construction Software Software Accounting

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Construction Business Owner Blogs

Construction Business Owner

OCTOBER 12, 2011

Compliance/Regulations. foundation. foundation software. Tags: accounting , construction , contractors , features , foundation , job costing , software , support. General Management. Software & Technology. Accounting & Finance. Construction Law. People Management. Green Building. Construction Safety. Sales/Marketing.

Construction Software Software Accounting

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Construction Business Owner Blogs

Construction Business Owner

OCTOBER 10, 2011

Compliance/Regulations. foundation. foundation software. General Management. Software & Technology. Accounting & Finance. Construction Law. People Management. Green Building. Construction Safety. Sales/Marketing. Equipment Management. Resource Center. Equipment and Services Directory. Ask the Expert. Hardhat Connect. government.

Construction Software Software Accounting

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Construction Business Owner Blogs

Construction Business Owner

FEBRUARY 2, 2012

Compliance/Regulations. 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 Software Software Accounting

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Construction Business Owner Blogs

Construction Business Owner

AUGUST 30, 2011

Compliance/Regulations. foundation. foundation software. General Management. Software & Technology. Accounting & Finance. Construction Law. People Management. Green Building. Construction Safety. Sales/Marketing. Equipment Management. Resource Center. Equipment and Services Directory. Ask the Expert. Hardhat Connect. government.

Construction Software Software Accounting