Remove Change Orders Remove Income Remove Profitability
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The most important construction KPIs to improve profits and productivity

Lets Build

If they all revolve around your financials, you might be shrinking your own profit margins. Your construction KPIs should do more than measure a project’s health—they should show you where profit and productivity are dropping, why they’re dropping, and how to fix the issue. What mistakes were made on the less profitable jobs?

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Five Tips To Help Contractors Stop Losing Money On Change Orders

Contractor Bookkeeping

Four Important Words That Turn High Profit Jobs Into Non-Profit Jobs! It''s A Small Change. In this case the "Hammer" is a change order. You do what you promise and they will pay you, no questions asked and they are the foundation for high profit repeat customers. No law says there has to be change orders.

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The most important construction KPIs to improve profits and productivity

Lets Build

If they all revolve around your financials, you might be shrinking your own profit margins. Your construction KPIs should do more than measure a project’s health—they should show you where profit and productivity are dropping, why they’re dropping, and how to fix the issue. What mistakes were made on the less profitable jobs?

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Construction Business Owner Blogs

Construction Business Owner

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. change orders. There are plenty of good reasons to take a closer look at Section 179. January 2009. December 2008.

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Obtaining the Proper Bonding for Government Jobs

Construction Business Owner

Other common reports bonding agents will look at include income statements, balance sheets, statements of cash flow, and job specific invoice aging reports. change orders. What I do know is that before a bonding agent will issue you a surety bond, they will ask to see several reports, like your Over/Under Billing report.

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Highly Profitable Small Contractors Use OPM For Working Capital Needs

Contractor Bookkeeping

The Larger Your Construction - Business grows the more likely you could end up operating like a bank without the hundreds of ways to generate revenues from fee income and interest calculation that banks use. Compare the success and profitability of a McDonalds franchise to most restaurants.

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Contractor Tactics On How To Avoid Payment Problems

Contractor Bookkeeping

The larger your construction business grows, the more likely you could end up operating as a bank without the hundreds of ways to generate revenues from fee income and interest calculation that banks use. Compare the success and profitability of a McDonald's franchise to most restaurants.