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The Problem With High-Profit Jobs In The Construction Industry

Contractor Bookkeeping

The most common situation is when a residential remodel contractor with a reputation and a substantial company generating 15% or more profits decides to start building custom homes. Or the opposite, a home builder who decides to branch out into residential remodeling.

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Professional soundproof windows vs. DIY window soundproofing? By Randall R. Brown

Construction Today

General contractors that work on remodeling projects for multi-unit buildings, offices, residential and other real estate have a profitable opportunity to professionally resolve noise intrusion problems because DIY projects are proving to be insufficient.

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How High Profit Jobs Send Contractors Into Bankruptcy

Contractor Bookkeeping

You have what appears to be a high profit job and now you are thinking you have it made and I hope you are right! The most common situation is when a residential remodel contractor who has built a reputation and a substantial company generating profits of 15% or more decides to start building custom homes.

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Capitalize on New Business Opportunities Through Diversification

Pro Builder

The National Association of Home Builders believes that by diversifying offerings, builders can grow their business and, in return, see more profit. Identify types of businesses that provide diversification opportunities for builders, remodelers, residential contractors and small commercial contractors.

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Contractor Leads Profitable Vs. Not-Profitable

Contractor Bookkeeping

All Construction Contractors Get Referrals which some turn out to be profitable some turn out non-profitable. The key is getting more profitable leads and fewer not-profitable leads. Most Profitable Lead Referrals come from your clients and most not-profitable lead referrals come from customers.

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Construction Company Technology Practices To Reduce Financial Management Cost

Contractor Bookkeeping

The truth is the most successful, wealthy, highly profitable construction contractors don't like change. Six keys helped us outperform other contractors in terms of cash flow and profit year after year regardless of the economic conditions: I was raised in a construction family.

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QuickBooks Job Costing Work In Progress (WIP) Reports

Contractor Bookkeeping

The reports shown below are a few of the most popular Job Costing Work In Progress (WIP) Reports among our most profitable spec home builders, commercial tenant improvement contractors and high-end cost plus residential remodel contractor clients. These reports work well when combined with our Job Costing Reporting Services.