article thumbnail

How to Start a Plumbing Business: 9 Tips for Growth

Levelset

To avoid getting caught in the “P” trap (without any profitability), you need to think carefully about overhead. When you’re just doing individual jobs, it’s easy to forget about the cost of doing business — but when you’re running a business, you need to remember that every job you take on needs to cover overhead as well.

article thumbnail

How to Start a Painting Business: 9 Keys to Growth & Success

Levelset

When you’re just doing individual jobs, it’s easy to forget about the cost of doing business — but when you’re running a business, you need to remember that every job you take on needs to cover overhead as well. Keep reading: Contractor’s guide to profit and overhead. Oh, and you do want to make a profit, right?

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How to Start an Electrical Business: 9 Tips for Growth

Levelset

When you’re just doing individual electrical jobs, it’s easy to forget about the cost of doing business — but when you’re running a business, you need to remember that every job you take on needs to cover overhead as well. Keep reading: Contractor’s guide to profit and overhead. Oh, and you do want to make a profit, right?

article thumbnail

Job Order Contracting – Best Practices Implementation

Building Information Management

Job order contracts, provides a flexible and responsive contractual capability in supporting its real property maintenance and renovation mission. The Owner may hold a retainage for completion of any punch list(s) for the estimated cost to complete the punch list and /or release of liens. Modification to Job Orders. Subcontract bid.

article thumbnail

A Primer on MasterFormat & Improving Construction Project Collaboration

Building Information Management

Standardizing the presentation of renovation, repair, maintenance, and new construction tasks and costs improves communication and collaboration among all parties, as well as helps to assure financial transparency/. 00 61 16 Lien Bond Form. Affidavit of Release of Liens Form. 00 61 16 Lien Bond Form. Project Delivery.

article thumbnail

A Primer on MasterFormat & Improving Construction Project Collaboration

Building Information Management

Standardizing the presentation of renovation, repair, maintenance, and new construction tasks and costs improves communication and collaboration among all parties, as well as helps to assure financial transparency. . 00 61 16 Lien Bond Form. Affidavit of Release of Liens Form. 00 61 16 Lien Bond Form. Project Delivery.

article thumbnail

Public Law 111-308 – Federal Buildings Personnel Training Act – FBPTA – CORE COMPETENCIES

Building Information Management

o Determine costs/pricing structure (labor, materials, overhead, etc.). Demonstrate ability to ensure tenant renovations have adequate design, does not interfere with othertenants, local code compliance, high quality of work. operability with accounting system. o Establish close-­?out out procedures. house skills inventory.