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How to Leverage Construction Metrics and KPIs for Profitability and Long-Term Growth

Construction Business Owner

How to Leverage Construction Metrics and KPIs for Profitability and Long-Term Growth Unlocking strategic insights for long-term profitability for your construction business. mhodges Wed, 07/31/2024 - 09:19 Long-term construction profitability requires a methodical approach based on timely, accurate, and complete information.

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5 Ways Contractors Can Improve Profitability

Construction Business Owner

5 Ways Contractors Can Improve Profitability. By following project accounting best practices as they manage budgets and billing, they can help ensure the profitability of each project. How to determine your true costs so you can master the budgeting process. How to reduce the risk of every project. Greg Ragsdale.

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The Blueprint for Better Expense Management

Construction Business Owner

How Construction Companies Can Boost Cash Flow and Profitability. How your company pays for purchases and manages expenses impacts your employees, your customers, and your key business metrics, including profitability. Track job costs more accurately for better profit margins. project profitability. Greg Ragsdale.

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Don’t Let Rework Devastate Your Deadlines

Construction Business Owner

Construction rework can have devastating effects on your deadlines and profits. Of course, some measure of rework in construction is expected — despite your best efforts — and is built into project budgets and timelines. How digital quality inspections can recover losses in construction remediation. Thu, 03/24/2022 - 12:00.

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Connected Construction: Eliminate Silos, Improve Collaboration & Increase Project Success

Construction Business Owner

Don’t let disconnected systems & poor communication cut into your profits. Discover how you can remove the barriers to communication and collaboration—leading to more on-time, on-budget project deliveries. Connected Construction: Eliminate Silos, Improve Collaboration & Increase Project Success. Greg Ragsdale. Fri, 04/03/2020 - 07:37.

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Rory Woolsey's Construction Estimating Blog: Mark It Up!

Rory Woolsey

“ What are the” appropriate” markups for overhead, profit and contingency when budgeting facilities construction projects?” ” I get this question a lot from my architect friends when helping them budget their projects through the design process. Thursday, May 31, 2012. Mark It Up! Bare Cost/.74.

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Rory Woolsey's Construction Estimating Blog: Costing Construction

Rory Woolsey

” The budget estimate is just another task that takes from the already limited time in a day. Sadly, some budgets are derived from a “click and drag speed” application of software. It is then “ipso-presto” and another budget cost estimate is ready to wreak havoc on a project as reality is revealed.