Viewpoint Construction Technology

MAY 14, 2019

The most common contractor errors and how to avoid them to keep your construction projects safe, productive and profitable. The savvy contractor knows they can’t possibly avoid every jobsite mistake. This adds up to smarter, safer projects that are ultimately more profitable. Neglecting Safety Measures.

Contractors 296

Contractors Software Software Accidents 296

Viewpoint Construction Technology

APRIL 5, 2021

How specialty contractors use real-time construction data and analytics to improve profitability and productivity in 2021.

Contractors 266

Contractors Profitability Construction Products 266

Construction Business Owner

JULY 19, 2019

One contractor focused its efforts on decreasing waste and secondary time, and its employees now spend about 65% of their time on primary tasks— far above the industry average of 42%. Details here.

Profitability 293

Profitability Products Contractors Industrial 293

Viewpoint Construction Technology

NOVEMBER 4, 2021

Leslie Shiner's tips for maximizing construction cash flow and improving contractors' bottom lines.

Cash Flow 320

Cash Flow Forecasting Profitability Construction 320

Construction Business Owner

APRIL 30, 2024

For contractors operating with increasingly thin margins, accounting is essential for building a profitable construction business. Why Accurate Accounting Depends on Data Integration ccapoccia Tue, 04/30/2024 - 10:00 Construction accounting is more than just tracking numbers and compiling reports.

Accounting 348

Accounting Profitability Contractors Construction 348

Construction Business Owner

APRIL 20, 2023

CDT A growing consensus of contractors believes labor utilization can be greatly improved with the right software. Adopting software doesn’t mean you have to change processes or workflows — it’s about enhancing them with automation, reporting, historical record keeping and bulk actions that improve your business performance and profitability.

Software 282

Software Software Contractors Electrical 282

Construction Business Owner

NOVEMBER 9, 2023

How to Stop Profit Margin Fade ccapoccia Thu, 11/09/2023 - 10:03 The No. 1 challenge many contractors face is profit shrinkage or profit margin fade. The result is a lower profit margin than expected, or profit margin fade or shrinkage.

Profitability 156

Profitability Bidding Estimating Budgeting 156

Construction Business Owner

SEPTEMBER 18, 2023

Promote to rotator No Rotator Image Status of webinar Featured Stay on top of every project and maximize profitability. Central An accurate and timely Work-in-Progress (WIP) report is one of the most essential tools a contractor can use to optimize cash flow. Thu, 10/26/2023 - 12:00 1:00 p.m.

Work in Progress 358

Work in Progress Cash Flow Profitability Management 358

Construction Business Owner

JULY 25, 2023

Correlating Your Business Model to Profitability ccapoccia Tue, 07/25/2023 - 04:48 Whether you identify your business model or not, your company does have one. I practiced in public accounting for 18 years, specializing with contractors, and I oversaw 125 audits and reviews each year before I sold my practice.

Profitability 156

Profitability Modeling Infrastructure Accounting 156

Construction Business Owner

SEPTEMBER 17, 2019

Whether you are a general contractor, builder, specialty contractor or subcontractor, it takes labor, equipment and materials to complete a contract’s scope of work. Therefore, when pricing and estimating projects, you must include the time and money required for each in your bids. Here's how to do that properly. .

Profitability 249

Profitability Bidding Estimating Equipment 249

Construction Business Owner

MAY 6, 2024

Draft Your Org Chart for Growth & Profit ccapoccia Mon, 05/06/2024 - 13:20 Many contractors want to grow their companies to the next level but can’t and therefore don’t. They usually get stuck at a certain size and stop growing for multiple reasons.

Drafting 156

Drafting Profitability Contractors 156

Construction Business Owner

JANUARY 14, 2020

During the Great Recession, small contractors (companies under 10 employees) failed at a far higher rate than non-construction businesses. However, given the 200,000 business failures, the almost complete collapse of profitability and the immeasurable human cost—our industry was at ground zero and will be again in the next recession.

Profitability 334

Profitability Banking Residential Housing 334

Construction Business Owner

JUNE 25, 2019

Heavy construction is catching up to other sectors when it comes to deploying software, which is prompting contractors to closely examine the roles and integration of software solutions for field operations (where profits are made) and accounting (where profits are measured). .

Accounting 286

Accounting Profitability Software Software 286

The Constructor

MAY 13, 2021

There are various businesses that you can venture into for making the most profits. One business idea you can consider is providing quality services.

IDEA 241

IDEA Profitability Contractors 241

Construction Business Owner

FEBRUARY 7, 2024

Promote to rotator No Rotator Image Change orders are an inevitable part of doing business as a contractor and can often mean more revenue. Central Change orders are an inevitable part of doing business as a contractor and can often mean more revenue. Thu, 03/07/2024 - 12:00 1:00 p.m.

Change Orders 353

Change Orders Profitability Construction Contractors 353

Construction Business Owner

JULY 4, 2022

Using work-in-progress (WIP) reports to stay on top of every project & maximize profitability. An accurate and timely work-in-progress (WIP) report is one of the most essential tools a contractor can use to optimize cash flow. In this webinar, we will discuss: Five common mistakes that compromise cash flow and job profitability.

Work in Progress 287

Work in Progress Cash Flow Profitability Contractors 287

Construction Business Owner

SEPTEMBER 5, 2018

With concerns about labor and job complexity, contractors are constantly looking for ways to make their businesses more nimble and profitable. In today’s construction environment, the name of the game is agility. Utilizing rental equipment is a cornerstone of building and maintaining a versatile organization.

Equipment 325

Equipment Profitability Organization Environment 325

Construction Business Owner

SEPTEMBER 18, 2019

Smart contractors understand that safety must be both a core value and a strategic priority. As such, safety is a key driver of a construction company’s productivity, quality and profitability. The construction industry continues to invest heavily in safety management.

Safety 320

Safety Negotiation Bidding Profitability 320

Construction Business Owner

MAY 28, 2021

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. Even in 2021, many general contractors (GCs) use analog solutions like paper and pen to capture and understand these costs.

Overhead 317

Overhead Profitability Contractors Materials 317

Construction Business Owner

SEPTEMBER 22, 2022

Job costing measures the success throughout the job and provides insight into its future profitability. While not used in all industries, job costing is a proven method that the most successful contractors use to steer the financial success of their businesses. The different types of costs and their role in job costing. job costing.

Work in Progress 296

Work in Progress Construction Profitability Equipment 296

Construction Business Owner

JULY 12, 2023

Job costing measures the success throughout the job and provides insight into its future profitability. While not used in all industries, job costing is a proven method that the most successful contractors use to steer the financial success of their businesses.

Work in Progress 286

Work in Progress Construction Profitability Equipment 286

Construction Dive

NOVEMBER 1, 2023

The California-based contractor continues to work through its old, less profitable jobs, but is booking new ones at a faster rate than last year.

Profitability 137

Profitability California Contractors 137

Viewpoint Construction Technology

JULY 18, 2018

There’s plenty of work out there for contractors, which means they’ve been hurrying to hire. Contractors can expand their businesses organically by offering expanded services. To do this, contractors can expand the areas they work in from their home office or set up a satellite office in a new city. Offer New Services.

Contractors 227

Contractors Construction Office Roads 227

Construction Dive

APRIL 24, 2020

In the latest Construction Confidence Index from Associated Builders and Contractors, firms reported historic declines in expectations for sales, profit margins and staffing levels.

Contractors 160

Contractors Profitability Construction 160

Construction Dive

FEBRUARY 6, 2023

Even though the Swedish contractor’s full-year profit dipped, it reported record backlog last year.

Profitability 126

Profitability US Contractors 126

Viewpoint Construction Technology

JULY 27, 2017

Planning for construction costs can mean the difference between making a decent profit and barely breaking even. From the small (such as electronic payment systems) to the large (like Viewpoint Enterprise Cloud software), technology investments can save in the long run, both for accuracy and profitability.

Viewpoint 214

Viewpoint Contractors Inventory Profitability 214

Construction Business Owner

SEPTEMBER 21, 2016

The benefits of pursuing projects outside of your home state can certainly outweigh the risks, as long as contractors carefully consider the common pitfalls of operating away from home.

Roads 261

Roads Profitability Risk Contractors 261

Viewpoint Construction Technology

MARCH 27, 2018

In an effort to improve operations, efficiency and productivity on jobsites, more contractors than ever are trying out cutting-edge technology. That’s nearly a 20 percent increase from last year, a big improvement that indicates contractors are looking for new ways to tackle jobsite challenges. The Future Available Now. In 2017, 37.8

Contractors 189

Contractors Construction Visualization Software 189

Contractor Bookkeeping

MARCH 7, 2025

Understanding and managing your gross profit margin is crucial to ensuring the sustainability and profitability of your business as a construction contractor. Profit is the money left in your business after all your expenses have been paid.

Profitability 83

Profitability Contractors Overhead Income 83

Lets Build

JANUARY 6, 2023

Setbacks like supply chain disruptions and rising energy prices are putting pressure on residential construction profit margins. And for many construction companies that operated on slim profit margins before those setbacks, even the smallest cost overruns can result in loss-making projects.

Profitability 144

Profitability Residential Software Software 144

Construction Business Owner

JUNE 1, 2022

Less rework means faster schedules, fewer change orders, and, more importantly, a less expensive and more profitable construction experience for the owner and contractor. Greg Ragsdale. Wed, 06/01/2022 - 14:40.

Change Orders 295

Change Orders Construction Profitability Maine 295

Lets Build

MARCH 31, 2022

General contractors are at the forefront of almost every construction project. What is a general contractor? Before we get deeper into the details of a general contractor’s salary, let’s briefly talk about their role in the construction industry. How much does a general contractor make?

Contractors 148

Contractors Profitability Management Schedule 148

Construction Business Owner

MAY 2, 2023

CDT Even with a strong backlog, not properly managing cash flow can be problematic for a contractor. Contractors who are disciplined in their management of contracts, billings, collections and report reviews are able to ensure that their business maintains a strong cash position.

Cash Flow 288

Cash Flow Management Contract Profitability 288