This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Some Advice on ChangeOrders » A Change (Order) for the Better? When clients ask me about changeorders, I’m reminded of a well-circulated photo. The yacht is named “ChangeOrder.” Discussion about changeorder difficulties tends to be one of two types.
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. December 2008. November 2008. October 2008. September 2008. August 2008. changeorders.
Customer Collaboration & Construction Software » Staying Focused in the Fight Against Profit Fade. Just about every contractor has been there — a project starts out strong but, as it moves forward, delays and incidental added work and changes knock dollars and cents off of the bottom line. Stay on Top of Changes.
« A Change (Order) for the Better? Judging Tipis » Some Advice on ChangeOrders. I was talking with John Chaney this week, and he mentioned that he was going to blog about how changeorders affect construction management. December 2008. November 2008. October 2008.
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. In turn, profit fade can dramtically affect cash flow and hinder the possibility of booking new jobs.
Querying different type of jobs in job costing to look at profitability by type. December 2008. November 2008. October 2008. September 2008. August 2008. changeorders. Looking at Over/Under Billing and posting the adjustment to the year-end financials. April 2009. March 2009. February 2009.
December 2008. November 2008. October 2008. September 2008. August 2008. changeorders. April 2009. March 2009. February 2009. January 2009. Tags accounting. accounting software. Add new tag. business development. cloud computing. communication. construction. Construction Accounting Software.
December 2008. November 2008. October 2008. September 2008. August 2008. changeorders. April 2009. March 2009. February 2009. January 2009. Tags accounting. accounting software. Add new tag. business development. cloud computing. communication. construction. Construction Accounting Software.
December 2008. November 2008. October 2008. September 2008. August 2008. changeorders. April 2009. March 2009. February 2009. January 2009. Tags accounting. accounting software. Add new tag. business development. cloud computing. communication. construction. Construction Accounting Software.
I know from my days as a general contractor that plans and specifications are altered continuously as subcontractors become involved, materials are changed, and changeorders are issued. December 2008. November 2008. October 2008. September 2008. August 2008. changeorders.
« Free Webinar on Reducing Profit Fade. December 2008. November 2008. October 2008. September 2008. August 2008. changeorders. About Us Contact Us Advertise Press Releases Upload Artwork Via FTP -->. Free Subscriptions. Construction Business Owner Magazine. Home » Blogs.
December 2008. November 2008. October 2008. September 2008. August 2008. changeorders. April 2009. March 2009. February 2009. January 2009. Tags accounting. accounting software. Add new tag. business development. cloud computing. communication. construction. Construction Accounting Software.
December 2008. November 2008. October 2008. September 2008. August 2008. changeorders. April 2009. March 2009. February 2009. January 2009. Tags accounting. accounting software. Add new tag. business development. cloud computing. communication. construction. Construction Accounting Software.
December 2008. November 2008. October 2008. September 2008. August 2008. changeorders. April 2009. March 2009. February 2009. January 2009. Tags accounting. accounting software. Add new tag. business development. cloud computing. communication. construction. Construction Accounting Software.
December 2008. November 2008. October 2008. September 2008. August 2008. changeorders. April 2009. March 2009. February 2009. January 2009. Tags accounting. accounting software. Add new tag. business development. cloud computing. communication. construction. Construction Accounting Software.
« Some Advice on ChangeOrders. 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. December 2008. November 2008. October 2008.
But the point at which the office meets the field – where job progress is tracked, profitability is calculated, invoices and changeorders are processed – this is the point where bad (or no) communications between the field and the office results in diminished performance and profits. December 2008.
December 2008. November 2008. October 2008. September 2008. August 2008. changeorders. April 2009. March 2009. February 2009. January 2009. Tags accounting. accounting software. Add new tag. business development. cloud computing. communication. construction. Construction Accounting Software.
December 2008. November 2008. October 2008. September 2008. August 2008. changeorders. April 2009. March 2009. February 2009. January 2009. Tags accounting. accounting software. Add new tag. business development. cloud computing. communication. construction. Construction Accounting Software.
Free Webinar on Reducing Profit Fade » Game Changers. December 2008. November 2008. October 2008. September 2008. August 2008. changeorders. Construction Business Owner Magazine. Construction Business Owner E-Newsletter. -->. Home » Blogs. « “Stress” tests.
And risk can be a profit center, since insurance companies obviously make money. Even if this doesn’t become an actual source of profit in and of itself, contractors who actively work to understand and control risk are in a position to make smarter project decisions that lead to higher profit margins. December 2008.
December 2008. November 2008. October 2008. September 2008. August 2008. changeorders. April 2009. March 2009. February 2009. January 2009. Tags accounting. accounting software. Add new tag. business development. cloud computing. communication. construction. Construction Accounting Software.
December 2008. November 2008. October 2008. September 2008. August 2008. changeorders. April 2009. March 2009. February 2009. January 2009. Tags accounting. accounting software. Add new tag. business development. cloud computing. communication. construction. Construction Accounting Software.
Rather than looking in the review mirror after a job is complete and realizing you’re over budget, make sure you have the ability to import estimates, manage changeorders, report on committed costs, and allow your employees in the field remote access. December 2008. November 2008. October 2008. September 2008.
December 2008. November 2008. October 2008. September 2008. August 2008. changeorders. April 2009. March 2009. February 2009. January 2009. Tags accounting. accounting software. Add new tag. business development. cloud computing. communication. construction. Construction Accounting Software.
Foundation Software has been profitable in each of its years of business since 1985. December 2008. November 2008. October 2008. September 2008. August 2008. changeorders. If we are not a good fit, we will “walk away” from the sale. We do not need or desire to chase a bad sale. April 2009.
A Change (Order) for the Better? December 2008. November 2008. October 2008. September 2008. August 2008. changeorders. Free Subscriptions. Construction Business Owner Magazine. Construction Business Owner E-Newsletter. -->. Home » Blogs. « The Right Tool for the Job.
Staying Focused in the Fight Against Profit Fade » Connecting in Construction. December 2008. November 2008. October 2008. September 2008. August 2008. changeorders. Construction Business Owner Magazine. Construction Business Owner E-Newsletter. -->. Home » Blogs. April 2009.
« Staying Focused in the Fight Against Profit Fade. December 2008. November 2008. October 2008. September 2008. August 2008. changeorders. Free Subscriptions. Construction Business Owner Magazine. Construction Business Owner E-Newsletter. -->. Home » Blogs. April 2009. March 2009.
December 2008. November 2008. October 2008. September 2008. August 2008. changeorders. April 2009. March 2009. February 2009. January 2009. Tags accounting. accounting software. Add new tag. business development. cloud computing. communication. construction. Construction Accounting Software.
December 2008. November 2008. October 2008. September 2008. August 2008. changeorders. April 2009. March 2009. February 2009. January 2009. Tags accounting. accounting software. Add new tag. business development. cloud computing. communication. construction. Construction Accounting Software.
December 2008. November 2008. October 2008. September 2008. August 2008. changeorders. April 2009. March 2009. February 2009. January 2009. Tags accounting. accounting software. Add new tag. business development. cloud computing. communication. construction. Construction Accounting Software.
The more accidents and safety violations you have on a job, the more the job is going to cost; and the last time I checked you can’t submit a changeorder just because your team got hurt on the job! December 2008. November 2008. October 2008. September 2008. August 2008. changeorders.
Project managers are used to logging information – job progress, changeorders, labor, weather, and so on. December 2008. November 2008. October 2008. September 2008. August 2008. changeorders. Document Tracking. And with the right system in place, should be no additional burden.
December 2008. November 2008. October 2008. September 2008. August 2008. changeorders. April 2009. March 2009. February 2009. January 2009. Tags accounting. accounting software. Add new tag. business development. cloud computing. communication. construction. Construction Accounting Software.
Education leads to improvement, efficiency, and profitability! December 2008. November 2008. October 2008. September 2008. August 2008. changeorders. Webinars, whitepapers, classes, and user conferences like this most recent one: So do yourself a favor and keep learning! April 2009.
December 2008. November 2008. October 2008. September 2008. August 2008. changeorders. April 2009. March 2009. February 2009. January 2009. Tags accounting. accounting software. Add new tag. business development. cloud computing. communication. construction. Construction Accounting Software.
December 2008. November 2008. October 2008. September 2008. August 2008. changeorders. April 2009. March 2009. February 2009. January 2009. Tags accounting. accounting software. Add new tag. business development. cloud computing. communication. construction. Construction Accounting Software.
December 2008. November 2008. October 2008. September 2008. August 2008. changeorders. April 2009. March 2009. February 2009. January 2009. Tags accounting. accounting software. Add new tag. business development. cloud computing. communication. construction. Construction Accounting Software.
December 2008. November 2008. October 2008. September 2008. August 2008. changeorders. April 2009. March 2009. February 2009. January 2009. Tags accounting. accounting software. Add new tag. business development. cloud computing. communication. construction. Construction Accounting Software.
This in turn lets the estimators use equipment rates that are spot on when estimating forthcoming work, which helps to get new work, and bring that work in profitably. December 2008. November 2008. October 2008. September 2008. August 2008. changeorders. April 2009. March 2009. February 2009.
Alas, those days are long gone, which means we’re left to manage our fuel consumption or lose profit margins. December 2008. November 2008. October 2008. September 2008. August 2008. changeorders. Recently, some of my colleagues attended a seminar on fuel management by Eric Newton of Comdata.
Look for software that does a better job providing applications based on the workflow of a project from cradle to grave, and that provides web-based anywhere-any time visibility into job progress, profitability, change management, and more for everyone who involved in the success of a job. December 2008. November 2008.
Carefully monitoring these numbers will help you preserve profit and build more accurate bids on future projects. December 2008. November 2008. October 2008. September 2008. August 2008. changeorders. Know your cost to complete and keep track of how far along in a project you actually are.
We organize all of the trending information in your field so you don't have to. Join 116,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content