Construction Business Owner

MARCH 1, 2012

Industry News. Industry Statistics. Distances between job sites and the office continue to increase as companies go further and further from their home base to do work. A friend of mine had a foreman who hated doing his paperwork, which consisted primarily of approving and submitting timecards to the office. Publications.

Cash Flow 120

Cash Flow Construction Software Software 120

Construction Business Owner

MAY 7, 2012

Industry News. Industry Statistics. « Staying Focused in the Fight Against Profit Fade. No matter what industry you’re in, collaboration seems to be the latest “thing.” Each year at this event I’m reminded that collaboration is vital to our construction industry. Equipment Management. Resource Center.

Construction 120

Construction Software Software Accounting 120

Construction Business Owner

OCTOBER 20, 2011

Industry News. Industry Statistics. Some of us remember the “dark ages” of going back and forth between job sites and the office. With the adoption of cell phones, we no longer had to physically go back and forth between the office and the field – we could make a phone call to connect the two. Equipment Management.

Construction 136

Construction Software Software Project Management 136

Contractor Bookkeeping

AUGUST 16, 2013

Business Owners - Need three basic reports, Cash, Profit and Equity. Profit And Loss Report. Sales - Expenses) = Profit. Assets - Liabilities) = Equity. -. It is easy to run reports to determine which items are profitable and unprofitable and make adjustments quickly as needed. -. Cash On Hand.

Work in Progress 60

Work in Progress Accounting Construction Leases 60

Construction Business Owner

AUGUST 19, 2011

Industry News. Industry Statistics. One of my favorite parts of this job is getting to talk with professionals in the industry who work with contractors for a living. These are risk takers, men and women who are driven to hustle and make a profit—not the sitting still type. Equipment Management. Resource Center.

Construction 120

Construction Software Software Accounting 120

Construction Business Owner

JANUARY 5, 2012

Industry News. Industry Statistics. Carefully monitoring these numbers will help you preserve profit and build more accurate bids on future projects. Connect the Field to the Office. The current state of the construction industry may seem dismal for some, but the fact is, the industry will rebound.

Construction 120

Construction Software Software Accounting 120

Construction Business Owner

JANUARY 12, 2012

Industry News. Industry Statistics. Keeping documents as electronic files reduces paper waste and clutter in your office because you can get rid of the filing cabinets. If the answer was no to any one of these, you have an opportunity to make your accounting office operations much easier. Equipment Management. foundation.

Construction 136

Construction Software Software Accounting 136

Construction Business Owner

MAY 29, 2012

Industry News. Industry Statistics. Public Exposure and Liability on Construction Sites. Equipment Management. Resource Center. Equipment and Services Directory. Ask the Expert. Hardhat Connect. Forms and Checklists. Seminars and Tradeshows. Product Spotlight. Auction Calendar. Publications. Wally Evans Blog. Recent Posts.

Construction 120

Construction Software Software Cash Flow 120

Construction Business Owner

MARCH 11, 2011

Industry News. Industry Statistics. Free Webinar on Reducing Profit Fade » Game Changers. It seems that the smart phone is nudging some “back-office” business functions to the field, as construction firms use software to enter data in real-time and to make on-the-spot adjustments at the jobsite.

Construction 120

Construction Software Software Accounting 120

Construction Business Owner

JUNE 29, 2012

Industry News. Industry Statistics. Public Exposure and Liability on Construction Sites » Better Project Management through Better Communication. Project Team Members: Whether they work in the field, are in the office, or outside of your company, everyone who touches a project is part of your team. Resource Center.

Construction 136

Construction Documentation Software Software 136

Construction Business Owner

NOVEMBER 3, 2011

Industry News. Industry Statistics. With backlogs down and work less plentiful, field supervision has come into the office and become an integral part of the estimating process. Public Exposure and Liability on Construction Sites. Equipment Management. Resource Center. Equipment and Services Directory. Ask the Expert.

Construction 120

Construction Software Software Accounting 120

Construction Business Owner

NOVEMBER 22, 2011

Industry News. Industry Statistics. Confronting the brutal facts of your business and industry. There is wonderful technology available for the field and for back office operations. Public Exposure and Liability on Construction Sites. Equipment Management. Resource Center. Equipment and Services Directory.

Construction 159

Construction Software Software Accounting 159

Construction Business Owner

OCTOBER 14, 2011

Industry News. Industry Statistics. It’s not news that competition for work in most parts of the industry has increased or that margins have decreased. Change orders can be harder to manage – and present more of a profitability challenge – than pre-planned project work. Equipment Management. Resource Center.

Change Orders 120

Change Orders Construction Software Software 120

Construction Business Owner

JULY 26, 2012

Industry News. Industry Statistics. Cloud computing is actually serving as a catalyst for all the other significant changes in the construction software industry…. I know because we were the first company to provide these solutions to the industry as part of a construction software package. Equipment Management.

Software 136

Software Software Construction Documentation 136

Construction Business Owner

APRIL 21, 2011

Industry News. Industry Statistics. That fancy new tablet to easily transfer data from field to office will do you no good if you don’t have a system to code and process the information. Public Exposure and Liability on Construction Sites. Equipment Management. Resource Center. Equipment and Services Directory.

Construction 136

Construction Software Software Accounting 136

Construction Business Owner

FEBRUARY 1, 2011

Industry News. Industry Statistics. Once in awhile, I’ll close my office door, sit back with a cup of coffee and compare the Foundation Software of today with a snapshot of the company several years prior. Public Exposure and Liability on Construction Sites. Equipment Management. Resource Center. Ask the Expert.

Construction 136

Construction Software Software Foundation 136

Construction Business Owner

MAY 17, 2011

Industry News. Industry Statistics. Chaos reigns and some very ugly accounting software systems have infected the back offices of construction companies nationwide! Public Exposure and Liability on Construction Sites. Equipment Management. Resource Center. Equipment and Services Directory. Ask the Expert. Hardhat Connect.

Construction 149

Construction Software Software Accounting 149

Construction Business Owner

FEBRUARY 9, 2012

Industry News. Industry Statistics. A Lesson from the Music Industry. It may not seem obvious as to why business software needs to change with the adoption of new hardware, but if we look at the music industry, the answer is clear. Do you use tablets in your office or on the jobsite? Equipment Management.

Software 120

Software Software Construction Accounting 120

Construction Business Owner

JANUARY 26, 2012

Industry News. Industry Statistics. Our customers told us they wanted to be able to access Spectrum anywhere – whether they were in the field, the office, or snowed in at home. Public Exposure and Liability on Construction Sites. Equipment Management. Resource Center. Equipment and Services Directory. Ask the Expert.

Construction 120

Construction Software Software Las Vegas 120

Construction Business Owner

JANUARY 5, 2012

Industry News. Industry Statistics. Now that the holidays are over and all of the massive amounts of breads, cookies, candies, and pies have suddenly disappeared (at least they have from my office) it’s time to make those New Year’s resolutions. Public Exposure and Liability on Construction Sites. Equipment Management.

Construction 120

Construction Bidding Software Software 120

Construction Business Owner

SEPTEMBER 30, 2011

Industry News. Industry Statistics. If you make multiple copies of every invoice coming into your office, you know what I’m referring to. Public Exposure and Liability on Construction Sites. Equipment Management. Resource Center. Equipment and Services Directory. Ask the Expert. Hardhat Connect. Forms and Checklists.

Construction 120

Construction Software Software iPad 120

Rory Woolsey

MAY 31, 2012

“ What are the” appropriate” markups for overhead, profit and contingency when budgeting facilities construction projects?” Just the bare labor component includes adders such as fringe benefits, unemployment insurances (federal and state), social security taxes, public liability costs, and builders risk insurance.

Estimating 40

Estimating Overhead Profitability Construction 40

Construction Business Owner

JANUARY 4, 2011

Industry News. Industry Statistics. When I started working in the industry we still used payphones to call the office from the “field” We used paper estimates, a calculator and copy machines. Not to double digit profit growth and sales increases, but to a more sustainable, long term path. foundation.

Construction 120

Construction Software Software US 120

Construction Business Owner

DECEMBER 9, 2011

Industry News. Industry Statistics. With this technology, management can access up-to-date business information anytime, anyplace and field staff can stay better connected to the office and to each other. Public Exposure and Liability on Construction Sites. Equipment Management. Resource Center. Ask the Expert.

Construction 120

Construction Software Software Accounting 120

Construction Business Owner

MARCH 29, 2012

Industry News. Industry Statistics. This got me thinking about what makes a good leader in the construction industry. The most successful leaders I know, whether they work in construction, software, or some other industry, are always pushing the envelope. Public Exposure and Liability on Construction Sites.

Construction 120

Construction Software Software Accounting 120

Buisness Facilities Contributed Content

MARCH 9, 2016

GAP is administered by the Pennsylvania Office of International Business Development (OIBD) and provides up to $3,500 per year to qualifying Pennsylvania companies to reimburse 100% of eligible expenses associated with specific export promotion activities. Tax credits are used to offset various business tax liabilities.

Pennsylvania 40

Pennsylvania Zoning Finance Liability 40

Construction Business Owner

MARCH 8, 2012

Industry News. Industry Statistics. We have all heard in the construction industry, “Time is money.”. It is simple, get ownership and management back on track by placing safety above all else and fleshing that out every day at the office and on the jobsites. Public Exposure and Liability on Construction Sites.

Construction 120

Construction Safety Software Software 120

Construction Business Owner

AUGUST 2, 2012

Industry News. Industry Statistics. I decided long ago to charge for my own product – enough to put money back into a growing company , and enough to buy a decent lunch (I recommend the sandwiches at Mohito restaurant near our office). Public Exposure and Liability on Construction Sites. Equipment Management. foundation.

Software 120

Software Software Construction Accounting 120

Contractor Bookkeeping

SEPTEMBER 20, 2013

QuickBooks Online is a great program for small companies including some non-profit organizations but it is not suited for a serious construction contractor with more than two projects a month and generating more than $500 a year in sales. Profit & Loss statement anytime YOU want it! Profit And Loss Report. Cash On Hand.

Contractors 48

Contractors Accounting Profitability Overhead 48

Construction Business Owner

OCTOBER 26, 2011

Industry News. Industry Statistics. Up-to-date information plays a key role in better managing your project costs, and the best method of ensuring your information is current is to connect the field with the accounting office. Public Exposure and Liability on Construction Sites. Equipment Management. Resource Center.

Cash Flow 120

Cash Flow Construction Software Software 120

Job Order Contracting

NOVEMBER 7, 2017

general and administrative and other overhead costs, insurance costs, bonding and alternative payment protection costs, protective clothing, equipment rental, sales tax and compliance with tax laws, and also contractor’s profit). d) Negotiations. (1) e) Limitations. (1)

Contract 100

Contract Management Negotiation Estimating 100

Contractor Bookkeeping

SEPTEMBER 5, 2012

As Time Went By - You made a decent living for yourself, hired a few employees, paid your suppliers and you earned a profit. This Means You Have Overhead - Not just office overhead, you have field overhead too. Field overhead includes tools and equipment, cell phones liability insurance, contributions and more.

Accounting 48

Accounting Contractors Overhead Insurance 48

Contractor Bookkeeping

FEBRUARY 5, 2014

Their primary function is to review the transactions, reclassify some of them as needed and prepare payroll, monthly tax returns, quarterly tax returns, basic Profit & Loss Reports and Balance Sheet Reports. 02 - Hire someone part-time or full-time to work in your office and hope for the best. #03 Profit And Loss Report.

Accounting 48

Accounting Construction Profitability Contractors 48

Autodesk Construction Cloud

FEBRUARY 1, 2022

Although construction and car services are two very different industries, the same sentiments are valued; the journey is just as important as the end result. While a project’s ultimate goal is a successful completion, the steps it takes to get there are critical to profits and project’s life cycle.

Risk 52

Risk Schedule Design Budget 52

Contractor Bookkeeping

JANUARY 2, 2015

The idea was you would do all the work they would get half the profits and you politely refused, or not? Tax Advantages For LLC or a Sub S - If you do not setup your corporation correctly the profit or loss from your business will be passed through to the owners as normal income. 20% Of The Contractors Earn And Keep 80% Of The Profits.

Construction 48

Construction Insurance Accounting Claims 48

Lets Build

DECEMBER 16, 2022

Either way, allocating liability and fixing the defect is typically a complex process. In addition, not having proper inspection plans in place can prevent you from detecting defects early on in the project, resulting in more rework and less profit. Sign off on or reject documents without setting foot in the office.

Documentation 148

Documentation Construction Inspections Site 148

Contractor Bookkeeping

JUNE 20, 2014

You do all the work they get half the profits and you politely refuse. Tax Advantages For LLC or a Sub S - The profit or loss from your business is passed through to the owners as normal income. This organization is good for all construction and related industries. This is getting very stressful. in done correctly.

Insurance 48

Insurance Construction Accounting Claims 48