Lets Build

AUGUST 4, 2023

During any project, the execution stage is usually the most important — it determines the trajectory and timelines of the entire project. Getting your project off on the right foot can minimize bottlenecks and breakdowns down the road and ensure successful deliverables.

Software 78

Software Software Construction Budgeting 78

Contractor Bookkeeping

AUGUST 11, 2014

The banker said his Profit & Loss, Balance Sheet did not look right to him. His banker was a blunt and told him that if he wanted to stay in the construction business he needed to have accurate Profit & Loss, Balance Sheet and Job Costing Reports. QuickBooks Job Profitability Reports. He had to rely on his gut feeling.

Profitability 48

Profitability Contractors Accounting Income 48

Contractor Bookkeeping

SEPTEMBER 12, 2014

Cost Is What You See - Profit potential is what you don''t see. High profit construction company owner''s focus on both and understand it "Takes Money To Make Money". Highly Profitable Companies - Focus on how high is up? This one thing can have a massive impact on cash flow and profits. Construction Company.

Profitability 48

Profitability Accounting Construction Project Management 48

Contractor Bookkeeping

AUGUST 4, 2014

Ever Wonder Why Some Competitors Seem To Have More Cash Flow And Profit Than You? Earning enormous amounts of cash and profits in any business is simple, not easy, but simple if you know what to do. Joe The Plumber''s Story: I met a plumbing contractor in the mid 1970''s who was very profitable. 1 Find Something You Enjoy.

Profitability 49

Profitability Contractors Accounting Documentation 49

Autodesk Construction Cloud

JULY 13, 2023

While bringing in large projects and generating revenue is essential, it's equally important to manage profit effectively and ensure healthy margins. And while profit margins in construction are notoriously tight (4-6%), there are steps you can take to increase your profitability without compromising the quality of your work.

Profitability 52

Profitability Risk Construction Autodesk 52

Contractor Bookkeeping

MARCH 10, 2014

We have a program that can help generate more profits for your construction company by outsourcing part or all of the high cost, low value, day-to-day contractors bookkeeping services chores to us and we can work with your current bookkeeper by training them to handle parts of our process they can do quickly and easily.

Profitability 54

Profitability US Accounting Project Management 54

Lets Build

APRIL 6, 2022

Large upfront costs and long waiting periods between payments are a normal occurrence; retainage adds to this cash flow problem for contractors and project managers. It can quickly create cash flow problems for contractors, particularly for subcontractors who complete their work near the beginning of the project.

Cash Flow 147

Cash Flow Lien Construction Negotiation 147

Construction Business Owner

APRIL 26, 2012

Customer Collaboration & Construction Software » Staying Focused in the Fight Against Profit Fade. Just about every contractor has been there — a project starts out strong but, as it moves forward, delays and incidental added work and changes knock dollars and cents off of the bottom line. Home » Blogs.

Change Orders 120

Change Orders Construction Profitability Software 120

Contractor Bookkeeping

SEPTEMBER 20, 2013

Wealthy contractors have a secret system that shows them what to do, when to do it, how much it will cost, how long it will take to be paid back, the Return on Investment and they use the new cash flow and profits to do it over and over and get richer and richer! Watch The Video Below And If You Are A Contractor.

Profitability 50

Profitability Contractors Accounting Montana 50

Contractor Bookkeeping

OCTOBER 1, 2013

Wealthy contractors have a secret system that shows them what to do, when to do it, how much it will cost, how long it will take to be paid back, the Return on Investment and they use the new cash flow and profits to do it over and over and get richer and richer! Watch The Video Below And If You Are A Contractor.

Profitability 49

Profitability Contractors Accounting Montana 49

Viewpoint Construction Technology

FEBRUARY 7, 2018

You can see that at the foundation of intelligence is data. This knowledge pyramid shows that data is foundational to BI. BI can help contractors reduce losses and improve profits while a job is happening, and that’s a big deal for contractors’ bottom lines. Take a look at the pyramid below. Creating a BI Strategy.

Organization 166

Organization Foundation Viewpoint Contractors 166

Contractor Bookkeeping

MAY 5, 2014

The price of a service agreement must pay for the corresponding maintenance and whatever is left after the cost of material, labor and other costs is gross profit. Profitable Construction - Companies have known about the value of outsourced bookkeeping services for a long time and now you know about it too! Visit [link] to learn more.

Cash Flow 48

Cash Flow Agreement Profitability Contractors 48

Construction Business Owner

DECEMBER 20, 2011

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. Committing Intentional Project Communications. Better Project Management through Better Communication. document management. foundation. Management.

Software 120

Software Software Construction Accounting 120

Contractor Bookkeeping

DECEMBER 20, 2013

With the optional bill tracking and bill payment services they are increasing bottom line profits by avoiding late fees and taking advantage of vendor discounts which in some cases can generate 36% Return on Investment! The Short Video Below Demonstrates Invoicing With Bill.Com. Visit [link] to learn more. Follow Randal on Google+.'

Profitability 48

Profitability Accounting Construction Security 48

Stok

JANUARY 29, 2020

When it comes to finding the right Project Manager for your design and construction project, tracking scope, cost, and schedule is itself not enough. At the same time, it’s important to have a PM that connects with the project team so the PM can motivate and bring the best out in every team member. Empathy and enthusiasm.

Project Management 64

Project Management Management Schedule IDEA 64

Contractor Bookkeeping

FEBRUARY 28, 2014

Education is the foundation for shifting paradigm. Cash flow issues kill contractors even though they have profit. Ignoring Profit Centers and Key Performance Indicators (KPI). We want to find fast easy ways to generate new cash flows and profits with a reasonable expectation of Return On Investment (R.O.I).

Profitability 48

Profitability Contractors Cash Flow Accounting 48

Contractor Bookkeeping

OCTOBER 4, 2013

There are a number of people who pass out advice on how to start a profitable construction company; however, very few have actually done it and fewer still had a clear understanding of where they were making or losing money and fewer yet have ever gotten past the point of owning a J.O.B. Education is the foundation for shifting paradigm.

Profitability 48

Profitability Construction Accounting Cash Flow 48

Stok

DECEMBER 18, 2018

Services provided: LEED CS Consulting & Project Management, Energy Modeling, Life Cycle Cost Analysis. Highlights: It was a big year of LEEDership for the second-tallest tower in the West, which is officially the Highest Rated New Skyscraper globally and the Highest Rated New Construction Project of any kind in San Francisco.

San Francisco 45

San Francisco Certification Project Management Commissioning 45

Construction Business Owner

APRIL 1, 2011

Healthy Competition » Free Webinar on Reducing Profit Fade. One problem that even the most savvy contractors deal with is profit fade, when a job continues to incur additional costs that are not factored into the estimate. In turn, profit fade can dramtically affect cash flow and hinder the possibility of booking new jobs.

Cash Flow 120

Cash Flow Construction Software Software 120

Lets Build

DECEMBER 9, 2022

The industry is crucial for economic growth and development, providing the foundation for basically every other industry to operate on. But the industry is plagued with challenges and inefficiencies, from resource wastage to poor construction workforce management techniques.

Management 157

Management Construction Schedule Software 157

Autodesk Construction Cloud

NOVEMBER 13, 2023

Furthermore, according to insights from Accenture and Frontier Economics , the construction industry could witness remarkable profit growth—estimated at 71%—through AI integration over the next ten years. Autodesk's early investments in AI At Autodesk, we've always been committed to helping you maximize efficiency and profit.

Autodesk 142

Autodesk Construction Risk Products 142

Construction Business Owner

APRIL 5, 2012

With every project, no matter how big or small, there is always risk – risk of injury, financial responsibility, or quality assurance. This, after all, is the foundation of the insurance industry. And risk can be a profit center, since insurance companies obviously make money. Committing Intentional Project Communications.

Risk 120

Risk Insurance Construction Software 120

Autodesk Construction Cloud

NOVEMBER 7, 2022

Now that we’ve laid the foundation for the four P’s of construction improvement (performance, predictability, planet, and people), let’s add some framework around performance. As with any relationship, the foundation of effective collaboration is trust. Not to mention the missed opportunity to maximise takeaways from megaprojects.

Products 98

Products Industrial Procurement Project Management 98

Construction Business Owner

SEPTEMBER 27, 2011

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. Committing Intentional Project Communications. Better Project Management through Better Communication. foundation.

Construction 181

Construction Software Software Accounting 181

Construction Business Owner

MAY 24, 2012

And for good reason, since the way accounting and business management use software is much different from the way construction operations and project management use it. Committing Intentional Project Communications. Better Project Management through Better Communication. document management.

Construction 120

Construction Software Software Iowa 120

Construction Business Owner

JANUARY 18, 2012

Querying different type of jobs in job costing to look at profitability by type. Committing Intentional Project Communications. Better Project Management through Better Communication. document management. foundation. foundation software. Management. project collaboration. government.

Construction 169

Construction Software Software Accounting 169

Construction Business Owner

JANUARY 31, 2012

Committing Intentional Project Communications. Better Project Management through Better Communication. document management. foundation. foundation software. Management. project collaboration. project management. You can follow any responses to this entry through the RSS 2.0

Construction 185

Construction Software Software Accounting 185

Job Order Contracting

JANUARY 10, 2021

Profitable partnering for LC. Engineering, Construction and Architectural Management, 8 (4,), 292-303. Engineering, Construction and Architectural Management, 8 (4,), 292-303. Application of lean principles and theory of constraints in project management. The Foundations of lean construction. Bramble, B.

Construction 164

Construction Procurement Contract Management 164

Construction Business Owner

JUNE 29, 2012

Public Exposure and Liability on Construction Sites » Better Project Management through Better Communication. Last week, I discussed three important areas of project management and ended by briefly discussing project communication – or the glue to a project. document management. foundation.

Construction 136

Construction Documentation Software Software 136

Construction Business Owner

APRIL 2, 2011

« Free Webinar on Reducing Profit Fade. Committing Intentional Project Communications. Better Project Management through Better Communication. document management. foundation. foundation software. Management. project collaboration. project management. So bring it on.

Construction 160

Construction Software Software Accounting 160

Construction Business Owner

NOVEMBER 8, 2011

For instance, Foundation Software’s vision is this: “To provide the best in accounting software and service for the labor intensive contractor.” Committing Intentional Project Communications. Better Project Management through Better Communication. document management. foundation. foundation software.

Construction 175

Construction Software Software Accounting 175

Construction Business Owner

OCTOBER 14, 2011

He replied, “Well, that depends on the project manager.”. While it’s understandable that every project manager has a different way of managing, the reality is that change orders don’t have room for personal style. Committing Intentional Project Communications. document management. foundation.

Change Orders 120

Change Orders Construction Software Software 120

Construction Business Owner

FEBRUARY 17, 2011

Today, new software applications – in job cost accounting, project management, estimating, etc. 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 [.].

Construction 150

Construction Software Software Accounting 150

Construction Business Owner

JANUARY 19, 2011

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. Committing Intentional Project Communications. document management.

Construction 137

Construction Software Software Accounting 137

Construction Business Owner

OCTOBER 14, 2011

But to count on them as the source of profit is to bank on an unpredictable variable that is not under your control, that is hard to manage, and that you may wish to use for a completely different purpose – business development (more on this in a moment). Committing Intentional Project Communications.

Change Orders 120

Change Orders Construction Software Software 120

Construction Business Owner

OCTOBER 25, 2011

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! Education leads to improvement, efficiency, and profitability!

Construction 120

Construction Software Software Accounting 120

Construction Business Owner

MAY 7, 2012

« Staying Focused in the Fight Against Profit Fade. Committing Intentional Project Communications. Better Project Management through Better Communication. document management. foundation. foundation software. Management. project collaboration. project management.

Construction 120

Construction Software Software Accounting 120