article thumbnail

Sustainability VIPs 2021

Construction Business Owner

Sustainability VIPs 2021. Wed, 09/01/2021 - 07:30. As the demand for more sustainable building continues to increase, and the practice of green building becomes increasingly more profitable, construction today is positioned to lead the world by example. Alex Headley.

article thumbnail

How Meaningful Time Maximizes Profits

Construction Business Owner

How Meaningful Time Maximizes Profits. Mon, 10/25/2021 - 07:30. Alex Headley. Most successful construction companies are owned and managed by a dedicated and hardworking entrepreneur who excels at pricing, estimating and building strong customer relationships.

professionals

Sign Up for our Newsletter

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

article thumbnail

5 Technologies the Modern GC Should Be Using in 2021

Construction Business Owner

5 Technologies the Modern GC Should Be Using in 2021. Fri, 05/28/2021 - 07:30. People and material make up the lion’s share of a contractor’s overhead, so it’s no surprise that efficiently managing these is the best way for contractors to improve their profitability. Alex Headley.

Overhead 317
article thumbnail

Building a Sustainable, Scalable & Sellable Construction Company

Construction Business Owner

Tue, 09/28/2021 - 13:34. They lack the underlying foundation, systems and structure that are essential to all businesses, preventing them from building a profitable and efficient company. Building a Sustainable, Scalable & Sellable Construction Company. Alex Headley. Business owners in the construction industry are no exception.

article thumbnail

How to Make Changes & Still Make Money

Construction Business Owner

Fri, 03/26/2021 - 11:30. It’s nearly impossible to make any money when contracts allow just 10% and your subcontract only allows for 15% total overhead and profit markup on change orders, or time and material costs plus work. The typical commercial contractor’s annual overhead and profit markup look much like those in Figure 1.

Overhead 328
article thumbnail

Should I Stay or Should I Grow?

Construction Business Owner

Fri, 07/09/2021 - 07:30. This vision typically resembles a controlled, organized and systemized company with consistent growth and a nice profit. But along the path, rather than grow and profit, their trajectory upward begins to backslide. Alex Headley. Most construction business owners start with a vision.

article thumbnail

Leading for Performance

Construction Business Owner

Tue, 08/10/2021 - 16:00. Why would they choose to work harder, if only to make your business a little more profitable? Leading for Performance. Alex Headley. Motivating your people is hard. Sure, you’d like to increase their productivity to protect your margins, which can be tight on some projects. But what’s in it for them?