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Construction Business Owner Attends APWA 2011 Congress » Section 179, and what YOU need to know about it. While the circumstances may change for each unique situation, I can share a few basic facts about Section 179: 2011 Deduction Limit – $500,000 (up from $250k previously). December 2011. November 2011.
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.
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 2011. November 2011. October 2011.
This entry was posted on Tuesday, December 6th, 2011 at 12:10 pm and is filed under Fred Ode Blog. December 2011. November 2011. October 2011. September 2011. August 2011. April 2011. March 2011. February 2011. January 2011. changeorders. Stay Foolish. August 2012.
Querying different type of jobs in job costing to look at profitability by type. December 2011. November 2011. October 2011. September 2011. August 2011. April 2011. March 2011. February 2011. January 2011. changeorders. August 2012. April 2012. March 2012.
December 2011. November 2011. October 2011. September 2011. August 2011. April 2011. March 2011. February 2011. January 2011. changeorders. August 2012. April 2012. March 2012. February 2012. January 2012. December 2010. November 2010. October 2010. September 2010.
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.
This entry was posted on Tuesday, November 8th, 2011 at 11:11 am and is filed under Fred Ode Blog. December 2011. November 2011. October 2011. September 2011. August 2011. April 2011. March 2011. February 2011. January 2011. changeorders. August 2012. April 2012.
« Free Webinar on Reducing Profit Fade. This entry was posted on Saturday, April 2nd, 2011 at 7:30 am and is filed under Fred Ode Blog. One Response to “Healthy Competition” Atlanta Dumpster Rentals Says: June 22nd, 2011 at 4:24 pm. December 2011. November 2011. October 2011. August 2011.
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. This entry was posted on Wednesday, October 26th, 2011 at 1:15 pm and is filed under Mark Reich Blog. December 2011. August 2011.
This entry was posted on Tuesday, August 30th, 2011 at 12:21 pm and is filed under Fred Ode Blog. One Response to “Why Construction-Specific Accounting Software Costs More than Generic Accounting Software” Robb Says: August 31st, 2011 at 6:02 pm. December 2011. November 2011. October 2011. August 2011.
This entry was posted on Thursday, August 18th, 2011 at 1:52 pm and is filed under Fred Ode Blog. December 2011. November 2011. October 2011. September 2011. August 2011. April 2011. March 2011. February 2011. January 2011. changeorders. Just be prepared!
December 2011. November 2011. October 2011. September 2011. August 2011. April 2011. March 2011. February 2011. January 2011. changeorders. August 2012. April 2012. March 2012. February 2012. January 2012. December 2010. November 2010. October 2010. September 2010.
This entry was posted on Tuesday, November 22nd, 2011 at 11:29 am and is filed under Fred Ode Blog. December 2011. November 2011. October 2011. September 2011. August 2011. April 2011. March 2011. February 2011. January 2011. changeorders. August 2012. April 2012.
« 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 2011. November 2011. October 2011.
This entry was posted on Tuesday, May 31st, 2011 at 10:25 am and is filed under Fred Ode Blog. December 2011. November 2011. October 2011. September 2011. August 2011. April 2011. March 2011. February 2011. January 2011. changeorders. August 2012. April 2012.
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 2011.
Now, in 2011, I can tell you that it was one of the best decisions we’ve ever made. This entry was posted on Monday, June 20th, 2011 at 2:54 pm and is filed under Fred Ode Blog. December 2011. November 2011. October 2011. September 2011. August 2011. April 2011. March 2011. August 2012.
This entry was posted on Tuesday, May 17th, 2011 at 10:34 am and is filed under Fred Ode Blog. December 2011. November 2011. October 2011. September 2011. August 2011. April 2011. March 2011. February 2011. January 2011. changeorders. Check back for Part 2!
This entry was posted on Thursday, February 17th, 2011 at 9:09 am and is filed under Fred Ode Blog. ” Tweets that mention Construction Business Owner Blogs -- Topsy.com Says: February 17th, 2011 at 9:36 am. [.] Eugene Pages Says: March 3rd, 2011 at 12:37 pm. December 2011. November 2011. October 2011.
« World of Concrete 2011. Foundation Software has been profitable in each of its years of business since 1985. This entry was posted on Wednesday, January 19th, 2011 at 1:55 pm and is filed under Fred Ode Blog. December 2011. November 2011. October 2011. September 2011. August 2011.
This entry was posted on Tuesday, December 20th, 2011 at 11:51 am and is filed under Fred Ode Blog. December 2011. November 2011. October 2011. September 2011. August 2011. April 2011. March 2011. February 2011. January 2011. changeorders. August 2012. April 2012.
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 2011.
Free Webinar on Reducing Profit Fade » Game Changers. This entry was posted on Friday, March 11th, 2011 at 5:23 pm and is filed under Jeana Durst. December 2011. November 2011. October 2011. September 2011. August 2011. April 2011. March 2011. February 2011. January 2011.
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 2011. November 2011. October 2011. September 2011.
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! This entry was posted on Friday, December 9th, 2011 at 12:19 pm and is filed under Mark Reich Blog. December 2011.
December 2011. November 2011. October 2011. September 2011. August 2011. April 2011. March 2011. February 2011. January 2011. changeorders. August 2012. April 2012. March 2012. February 2012. January 2012. December 2010. November 2010. October 2010. September 2010.
A Change (Order) for the Better? This entry was posted on Wednesday, October 12th, 2011 at 12:26 pm and is filed under Fred Ode Blog. December 2011. November 2011. October 2011. September 2011. August 2011. April 2011. March 2011. February 2011. January 2011.
Project managers are used to logging information – job progress, changeorders, labor, weather, and so on. December 2011. November 2011. October 2011. September 2011. August 2011. April 2011. March 2011. February 2011. January 2011. changeorders. August 2012.
This entry was posted on Thursday, April 21st, 2011 at 4:14 pm and is filed under Fred Ode Blog. December 2011. November 2011. October 2011. September 2011. August 2011. April 2011. March 2011. February 2011. January 2011. changeorders. August 2012. April 2012.
Simple Software » Construction Business Owner Attends APWA 2011 Congress. The CBO team attended the APWA 2011 Congress this year and had a chance to learn about the industry’s latest equipment and products. This entry was posted on Wednesday, September 28th, 2011 at 2:19 pm and is filed under Julie Smiths Blog.
Staying Focused in the Fight Against Profit Fade » Connecting in Construction. December 2011. November 2011. October 2011. September 2011. August 2011. April 2011. March 2011. February 2011. January 2011. changeorders. Construction Business Owner Magazine.
« Staying Focused in the Fight Against Profit Fade. December 2011. November 2011. October 2011. September 2011. August 2011. April 2011. March 2011. February 2011. January 2011. changeorders. Free Subscriptions. Construction Business Owner Magazine.
Alas, those days are long gone, which means we’re left to manage our fuel consumption or lose profit margins. This entry was posted on Thursday, December 1st, 2011 at 4:16 pm and is filed under Mark Reich Blog. December 2011. November 2011. October 2011. September 2011. August 2011. April 2011.
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. This entry was posted on Thursday, November 17th, 2011 at 12:57 pm and is filed under John Chaney Blog. December 2011. November 2011. October 2011.
December 2011. November 2011. October 2011. September 2011. August 2011. April 2011. March 2011. February 2011. January 2011. changeorders. August 2012. April 2012. March 2012. February 2012. January 2012. December 2010. November 2010. October 2010. September 2010.
Education leads to improvement, efficiency, and profitability! This entry was posted on Tuesday, October 25th, 2011 at 11:11 am and is filed under Fred Ode Blog. December 2011. November 2011. October 2011. September 2011. August 2011. April 2011. March 2011. February 2011.
The Difference Between Selling Used Cars and Selling Software » World of Concrete 2011. This entry was posted on Thursday, January 6th, 2011 at 10:34 am and is filed under John Meibers Blog. One Response to “World of Concrete 2011” PEYTON STALLINGS Says: November 1st, 2011 at 8:32 pm. December 2011.
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 2011. November 2011.
December 2011. November 2011. October 2011. September 2011. August 2011. April 2011. March 2011. February 2011. January 2011. changeorders. August 2012. April 2012. March 2012. February 2012. January 2012. December 2010. November 2010. October 2010. September 2010.
December 2011. November 2011. October 2011. September 2011. August 2011. April 2011. March 2011. February 2011. January 2011. changeorders. August 2012. April 2012. March 2012. February 2012. January 2012. December 2010. November 2010. October 2010. September 2010.
But based on our obsession for continuous improvement, I am optimistic that the snapshot in 2011 will show an even stronger, more powerful, and dominant force in our industry. This entry was posted on Tuesday, February 1st, 2011 at 1:14 pm and is filed under Fred Ode Blog. December 2011. November 2011. October 2011.
However, estimates show in order to properly maintain the current system and expand it to meet future needs, we need to invest $225 to $340 billion annually.”. On September 30, 2011, the surface transportation reauthorization update (the highway bill legislation) will be up for a long-awaited vote. December 2011. November 2011.
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