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INSURANCE |. « 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. STRATEGY |. MANAGEMENT |. ACCOUNTING |. SOFTWARE |.
INSURANCE |. In a way, a surety bond is like insurance; it is a three-part agreement between the contractor, the organization requiring the bond (e.g. changeorders. foundation. foundation software. STRATEGY |. MANAGEMENT |. ACCOUNTING |. SOFTWARE |. MARKETING |. EQUIPMENT |. General Management. Add new tag.
INSURANCE |. For instance, Foundation Software’s vision is this: “To provide the best in accounting software and service for the labor intensive contractor.” changeorders. foundation. foundation software. STRATEGY |. MANAGEMENT |. ACCOUNTING |. SOFTWARE |. MARKETING |. EQUIPMENT |. General Management.
INSURANCE |. 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.” Yes, changeorders are nearly inevitable. STRATEGY |.
INSURANCE |. There’s a lot I could say here, but mostly, I just want to wish everyone a very Merry Christmas and a Happy New Year from everyone at Foundation Software. changeorders. foundation. foundation software. STRATEGY |. MANAGEMENT |. ACCOUNTING |. SOFTWARE |. MARKETING |. EQUIPMENT |. Green Building.
INSURANCE |. 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. changeorders. foundation. foundation software. STRATEGY |. MANAGEMENT |. ACCOUNTING |.
INSURANCE |. Fewer accidents also mean lower insurance premiums, which mean lower labor costs. 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! changeorders.
INSURANCE |. Meet with them before every project to discuss not only the contractual provisions for scope of work and changeorders, but also what you bid and why. Owners need your help to meet their goals, and they may be more amenable to approving changeorders while you’re still on the job. changeorders.
INSURANCE |. When designing FOUNDATION® for Windows® 3.0 in the mid-1990’s, Foundation Software was faced with a major decision—should we completely redesign and rewrite our DOS product? So who is running the asylum at Foundation? changeorders. foundation. foundation software. STRATEGY |.
INSURANCE |. Who is Running the Asylum at Foundation Software? At Foundation Software, we try to avoid inmate takeovers by first assigning a lead analyst to oversee design for each project. changeorders. foundation. foundation software. STRATEGY |. MANAGEMENT |. ACCOUNTING |. SOFTWARE |. MARKETING |.
INSURANCE |. This, after all, is the foundation of the insurance industry. And risk can be a profit center, since insurance companies obviously make money. So what do construction and insurance companies have in common? Well, consider the business model of the insurance industry. changeorders.
INSURANCE |. This post was mentioned on Twitter by Erica Brindley, Foundation Software. Foundation Software said: Check out Fred Ode's New Blog: "Don't Dig Your Own Grave": [link] #construction #accounting #software [.]. changeorders. foundation. foundation software. STRATEGY |.
INSURANCE |. Take Foundation Software, for example. We have a very strong payroll module in our construction accounting software FOUNDATION for Windows. changeorders. foundation. foundation software. STRATEGY |. MANAGEMENT |. ACCOUNTING |. SOFTWARE |. MARKETING |. EQUIPMENT |. General Management.
INSURANCE |. It seems like just yesterday that Foundation Software was newly incorporated. Foundation gained its own identity, and we have the right people in place for the right jobs. I dream about Foundation, and I make plans for its future. I can’t wait to see what a 30-year-old Foundation Software will do!
INSURANCE |. In doing that, I realized that Foundation Software’s sales force became different from the stereotype characterized in the joke I told at the beginning. Foundation Software has been profitable in each of its years of business since 1985. changeorders. foundation. foundation software.
INSURANCE |. 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. changeorders. foundation. STRATEGY |.
INSURANCE |. Do they have the financial resources to complete a job; is their insurance up-to-date; how does their safety record look; what do their references say about their recent work; what experience do others in my company have with them? changeorders. foundation. foundation software. STRATEGY |.
INSURANCE |. Project managers are used to logging information – job progress, changeorders, labor, weather, and so on. changeorders. foundation. foundation software. STRATEGY |. MANAGEMENT |. ACCOUNTING |. SOFTWARE |. MARKETING |. EQUIPMENT |. General Management. Software & Technology. Add new tag.
INSURANCE |. A Safety Consultant’s Opinion: After having worked in the safety industry for over 21 years, 14 of which were with 2 major insurance companies. changeorders. foundation. foundation software. STRATEGY |. MANAGEMENT |. ACCOUNTING |. SOFTWARE |. MARKETING |. EQUIPMENT |. General Management.
INSURANCE |. And when I started Foundation Software in 1985, on top of what I was learning on the fly, I made it a point to actively seek out knowledge, learning as much as I could about management, sales & marketing, leadership, technology, and the industry itself! changeorders. foundation. STRATEGY |.
INSURANCE |. It is a part of the foundation, however, not the cornerstone. changeorders. foundation. foundation software. STRATEGY |. MANAGEMENT |. ACCOUNTING |. SOFTWARE |. MARKETING |. EQUIPMENT |. General Management. Software & Technology. Accounting & Finance. Construction Law. People Management.
INSURANCE |. 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. changeorders.
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