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Insurance

Profitability

Resource

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Creating a JOC Coefficient?

Job Order Contracting

MARCH 1, 2022

Contractors must evaluate multiple factors in addition to the associated use of their own capabilities and resources. General / Prime Contractor Profit and risk. General insurances. Workmen’s compensations insurance. State unemployment insurance. Federal unemployment insurance.

Insurance Compensation Overhead Security

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Understanding Design Defect Legal Liability

Construction Business Owner

OCTOBER 20, 2014

As construction and design firms are using BIM software and other resources to improve construction efficiency, that integration is only going to increase. This affects the management of the project, insurance, bonds and, ultimately, profit on a project.'

Liability Legal Design Insurance

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Webinars

What Your Financial Statements Are Telling You—And How to Listen!

Trending Sources

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Construction Business Owner Blogs

Construction Business Owner

APRIL 5, 2012

INSURANCE |. Resource Center. 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.

Risk

Risk Insurance Construction Software

Webinars

What Your Financial Statements Are Telling You—And How to Listen!

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Construction Business Owner Blogs

Construction Business Owner

JANUARY 18, 2012

INSURANCE |. Resource Center. Querying different type of jobs in job costing to look at profitability by type. Do some research and check out some of the resources, tools, and software programs available to you. SOFTWARE |. MARKETING |. EQUIPMENT |. General Management. Software & Technology. Accounting & Finance.

Construction Software Software Accounting

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The Startup Construction Business Checklist: 3 Important Documents You Need to Have

Construction Marketing

SEPTEMBER 24, 2015

This article outlines three important documents that you’ll need in order to start and run a profitable business. Insurance is perhaps the most important thing to arrange before starting a construction company. There are many different types of insurance in the United Kingdom. Business Plan. Final Thoughts.

Documentation Insurance Legal Liability

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Finding the Equipment Management Sweet Spot

Viewpoint Construction Technology

AUGUST 29, 2018

So, taking proper care of heavy iron the machines is key to bringing in projects on time and maximizing profitability. Owning vs Operating: Maximizing Construction Equipment Productivity and Profitability. When a piece of equipment is purchased, there are ownership costs that occur regardless of how the machine is used.

Equipment Management Profitability Viewpoint

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Construction Business Owner Blogs

Construction Business Owner

SEPTEMBER 27, 2011

INSURANCE |. Resource Center. 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. SOFTWARE |. MARKETING |. EQUIPMENT |. General Management. Software & Technology. Green Building.

Construction Software Software Accounting

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Construction Business Owner Blogs

Construction Business Owner

NOVEMBER 8, 2011

INSURANCE |. Resource Center. Place your best talents and resources on your greatest opportunities, and don’t be afraid to obsess with continually improving and being the best. SOFTWARE |. MARKETING |. EQUIPMENT |. General Management. Software & Technology. Accounting & Finance. Construction Law. People Management. foundation.

Construction Software Software Accounting

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Construction Business Owner Blogs

Construction Business Owner

APRIL 2, 2011

INSURANCE |. Resource Center. « Free Webinar on Reducing Profit Fade. Show them what you’re made of, how resourceful you are and that you’re the company for the job. SOFTWARE |. MARKETING |. EQUIPMENT |. General Management. Software & Technology. Accounting & Finance. Construction Law. People Management. foundation.

Construction Software Software Accounting

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Construction Business Owner Blogs

Construction Business Owner

APRIL 1, 2011

INSURANCE |. Resource Center. 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. SOFTWARE |. MARKETING |. EQUIPMENT |. General Management.

Cash Flow Construction Software Software

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Construction Business Owner Blogs

Construction Business Owner

JANUARY 31, 2012

INSURANCE |. Resource Center. SOFTWARE |. MARKETING |. EQUIPMENT |. General Management. Software & Technology. Accounting & Finance. Construction Law. People Management. Green Building. Construction Safety. Compliance/Regulations. Sales/Marketing. Equipment Management. Equipment and Services Directory. Dexter + Chaney. foundation.

Construction Software Software Accounting

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Obtaining the Proper Bonding for Government Jobs

Construction Business Owner

AUGUST 18, 2011

INSURANCE |. Resource Center. 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. SOFTWARE |. MARKETING |. EQUIPMENT |. General Management. Software & Technology. Accounting & Finance. Construction Law. People Management. Green Building.

Cash Flow Software Software Accounting

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Construction Business Owner Blogs

Construction Business Owner

JANUARY 10, 2012

INSURANCE |. Resource Center. Save Time, Resources – File Electronically » Simplified Decision Making – Getting People and Processes In Order. SOFTWARE |. MARKETING |. EQUIPMENT |. General Management. Software & Technology. Accounting & Finance. Construction Law. People Management. Green Building. Construction Safety.

Construction Software Software Accounting

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Construction Business Owner Blogs

Construction Business Owner

JANUARY 12, 2012

INSURANCE |. Resource Center. « Save Time, Resources – File Electronically. 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?

Bidding

Bidding Construction Documentation Software

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Construction Business Owner Blogs

Construction Business Owner

DECEMBER 6, 2011

INSURANCE |. Resource Center. SOFTWARE |. MARKETING |. EQUIPMENT |. General Management. Software & Technology. Accounting & Finance. Construction Law. People Management. Green Building. Construction Safety. Compliance/Regulations. Sales/Marketing. Equipment Management. Equipment and Services Directory. Dexter + Chaney. foundation.

Construction Software Software Accounting

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Construction Business Owner Blogs

Construction Business Owner

JANUARY 12, 2012

INSURANCE |. Resource Center. The Expensive Process of Bidding » Save Time, Resources – File Electronically. Be sure to make your accounting software work for you, and while you’re at it, reduce the time and resources you and your staff spend filing. SOFTWARE |. MARKETING |. EQUIPMENT |. General Management.

Construction Software Software Accounting

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Construction Business Owner Blogs

Construction Business Owner

APRIL 26, 2012

INSURANCE |. Resource Center. Customer Collaboration & Construction Software » Staying Focused in the Fight Against Profit Fade. There’s a name for these situations: “profit fade.” The profit you calculate when bidding a job can fluctuate dramatically as work progresses. SOFTWARE |. MARKETING |.

Change Orders Construction Profitability Software

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Construction Business Owner Blogs

Construction Business Owner

AUGUST 30, 2011

INSURANCE |. Resource Center. SOFTWARE |. MARKETING |. EQUIPMENT |. General Management. Software & Technology. Accounting & Finance. Construction Law. People Management. Green Building. Construction Safety. Compliance/Regulations. Sales/Marketing. Equipment Management. Equipment and Services Directory. Dexter + Chaney. foundation.

Construction Software Software Accounting

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A Contractor’s Guide to Homeowner’s Insurance: Is Your Project Covered?

Levelset

APRIL 8, 2022

On projects like this, property owners typically count on an insurance claim to pay for the work – they may not have cash on hand to pay you out of pocket. Understanding a homeowner’s insurance policy – and what it covers – can be helpful when deciding to take on a project. Understanding homeowner insurance policies.

Insurance Claims Agreement Lien

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Construction Business Owner Blogs

Construction Business Owner

DECEMBER 9, 2011

INSURANCE |. Resource Center. Fewer accidents also mean lower insurance premiums, which mean lower labor costs. or higher, then it might be time to consider implementing a comprehensive safety plan to try and reduce your workers compensation insurance costs. SOFTWARE |. MARKETING |. EQUIPMENT |. General Management.

Construction Insurance Software Software

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Army Job Order Contracts FAIL to meet AFARS requirements MOST OF THE TIME

Job Order Contracting

FEBRUARY 20, 2023

But that’s not all, the DoD doesn’t leverage current system thinking and robust, integrated planning, procurement, and project delivery workflows to maximize utilization of resource. JOC unit prices include direct material, labor and equipment costs, but not indirect costs or profits which are addressed in the coefficient(s).

Contract Office Negotiation Documentation

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Construction Business Owner Blogs

Construction Business Owner

NOVEMBER 22, 2011

INSURANCE |. Resource Center. SOFTWARE |. MARKETING |. EQUIPMENT |. General Management. Software & Technology. Accounting & Finance. Construction Law. People Management. Green Building. Construction Safety. Compliance/Regulations. Sales/Marketing. Equipment Management. Equipment and Services Directory. Dexter + Chaney. foundation.

Construction Software Software Accounting

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A Contractor’s Guide to Homeowner’s Insurance: Is Your Project Covered?

Levelset

APRIL 8, 2022

On projects like this, property owners typically count on an insurance claim to pay for the work – they may not have cash on hand to pay you out of pocket. Understanding a homeowner’s insurance policy – and what it covers – can be helpful when deciding to take on a project. Understanding homeowner insurance policies.

Insurance Claims Agreement Lien

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Construction Business Owner Blogs

Construction Business Owner

DECEMBER 20, 2011

INSURANCE |. Resource Center. SOFTWARE |. MARKETING |. EQUIPMENT |. General Management. Software & Technology. Accounting & Finance. Construction Law. People Management. Green Building. Construction Safety. Compliance/Regulations. Sales/Marketing. Equipment Management. Equipment and Services Directory. Dexter + Chaney. foundation.

Software Software Construction Accounting

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Construction Business Owner Blogs

Construction Business Owner

MARCH 11, 2011

INSURANCE |. Resource Center. Free Webinar on Reducing Profit Fade » Game Changers. SOFTWARE |. MARKETING |. EQUIPMENT |. General Management. Software & Technology. Accounting & Finance. Construction Law. People Management. Green Building. Construction Safety. Compliance/Regulations. Sales/Marketing. Equipment Management.

Construction Software Software Accounting

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Construction Business Owner Blogs

Construction Business Owner

OCTOBER 14, 2011

INSURANCE |. Resource Center. 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). SOFTWARE |. MARKETING |. EQUIPMENT |.

Change Orders Construction Software Software

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Construction Business Owner Blogs

Construction Business Owner

OCTOBER 26, 2011

INSURANCE |. Resource Center. SOFTWARE |. MARKETING |. EQUIPMENT |. General Management. Software & Technology. Accounting & Finance. Construction Law. People Management. Green Building. Construction Safety. Compliance/Regulations. Sales/Marketing. Equipment Management. Equipment and Services Directory. Dexter + Chaney. foundation.

Construction Software Software Bidding

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Construction Business Owner Blogs

Construction Business Owner

FEBRUARY 2, 2012

INSURANCE |. Resource Center. In fact, I often wonder how smaller construction businesses with tighter margins can compete with the gigantic firms who have unlimited resources. In the end, jobs must translate to bottom-line profitability.” SOFTWARE |. MARKETING |. EQUIPMENT |. General Management. Software & Technology.

Construction Software Software Accounting

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Best Practices for Financial Management in Construction Projects

Building Radar

DECEMBER 10, 2024

Effective financial management in construction projects is crucial for ensuring profitability and sustainability in a highly competitive industry. Financial planning is not just about tracking expenses; it’s about making informed decisions that drive profitability.

Cash Flow Management Construction Budgeting

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Construction Business Owner Blogs

Construction Business Owner

MAY 31, 2011

INSURANCE |. Resource Center. SOFTWARE |. MARKETING |. EQUIPMENT |. General Management. Software & Technology. Accounting & Finance. Construction Law. People Management. Green Building. Construction Safety. Compliance/Regulations. Sales/Marketing. Equipment Management. Equipment and Services Directory. Dexter + Chaney. foundation.

Construction Software Software Accounting

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Construction Business Owner Blogs

Construction Business Owner

OCTOBER 20, 2011

INSURANCE |. Resource Center. But without exception, the story that each team told through their symbols focused on people, not projects or profits. No discussion of business practices, financial measurements, or profit-building strategies. SOFTWARE |. MARKETING |. EQUIPMENT |. General Management. Software & Technology.

CFMA

CFMA Construction Software Software

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Construction Business Owner Blogs

Construction Business Owner

APRIL 19, 2012

INSURANCE |. Resource Center. Staying Focused in the Fight Against Profit Fade » Connecting in Construction. SOFTWARE |. MARKETING |. EQUIPMENT |. General Management. Software & Technology. Accounting & Finance. Construction Law. People Management. Green Building. Construction Safety. Compliance/Regulations. foundation.

Construction Software Software Conference

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Construction Business Owner Blogs

Construction Business Owner

MAY 7, 2012

INSURANCE |. Resource Center. « Staying Focused in the Fight Against Profit Fade. SOFTWARE |. MARKETING |. EQUIPMENT |. General Management. Software & Technology. Accounting & Finance. Construction Law. People Management. Green Building. Construction Safety. Compliance/Regulations. Sales/Marketing. Equipment Management.

Construction Software Software Accounting

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Construction Business Owner Blogs

Construction Business Owner

FEBRUARY 2, 2012

INSURANCE |. Resource Center. Jim is a senior consultant with FMI and specializes in building profits by developing tailored operations strategies for his clients. If leadership success was measured only on profitability, then there were certainly many “great leaders” sitting in the CEO position of many contracting companies.

Construction Software Software Accounting

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Construction Business Owner Blogs

Construction Business Owner

JANUARY 19, 2011

INSURANCE |. Resource Center. Foundation Software has been profitable in each of its years of business since 1985. SOFTWARE |. MARKETING |. EQUIPMENT |. General Management. Software & Technology. Accounting & Finance. Construction Law. People Management. Green Building. Construction Safety. Compliance/Regulations. foundation.

Construction Software Software Accounting

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Construction Business Owner Blogs

Construction Business Owner

NOVEMBER 3, 2011

INSURANCE |. Resource Center. Some call it smart resource allocation while others call it a best practice. SOFTWARE |. MARKETING |. EQUIPMENT |. General Management. Software & Technology. Accounting & Finance. Construction Law. People Management. Green Building. Construction Safety. Compliance/Regulations. Sales/Marketing.

Construction Software Software Accounting

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Construction Business Owner Blogs

Construction Business Owner

AUGUST 19, 2011

INSURANCE |. Resource Center. These are risk takers, men and women who are driven to hustle and make a profit—not the sitting still type. SOFTWARE |. MARKETING |. EQUIPMENT |. General Management. Software & Technology. Accounting & Finance. Construction Law. People Management. Green Building. Construction Safety. foundation.

Construction Software Software Accounting

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Purchasing Staffing Ratio: What Should It Be?

Pro Builder

NOVEMBER 29, 2022

How to figure out proper staffing in your purchasing department to balance costs and value with profitability. Such deficiencies will most likely have a ripple effect on construction, suppliers, installing trades, and certainly on your profits. On the resource-consuming Richter scale, custom options are about a 9.0

Change Orders Resource Profitability Plans

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Construction Business Owner Blogs

Construction Business Owner

SEPTEMBER 28, 2011

INSURANCE |. Resource Center. SOFTWARE |. MARKETING |. EQUIPMENT |. General Management. Software & Technology. Accounting & Finance. Construction Law. People Management. Green Building. Construction Safety. Compliance/Regulations. Sales/Marketing. Equipment Management. Equipment and Services Directory. Dexter + Chaney. foundation.

Construction Software Software Cash Flow

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Construction Business Owner Blogs

Construction Business Owner

MAY 29, 2012

INSURANCE |. Resource Center. SOFTWARE |. MARKETING |. EQUIPMENT |. General Management. Software & Technology. Accounting & Finance. Construction Law. People Management. Green Building. Construction Safety. Compliance/Regulations. Sales/Marketing. Equipment Management. Equipment and Services Directory. Dexter + Chaney. foundation.

Construction Software Software Cash Flow

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Construction Business Owner Blogs

Construction Business Owner

MAY 24, 2012

INSURANCE |. Resource Center. But the point at which the office meets the field – where job progress is tracked, profitability is calculated, invoices and change orders are processed – this is the point where bad (or no) communications between the field and the office results in diminished performance and profits.

Construction Software Software Iowa

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Construction Business Owner Blogs

Construction Business Owner

MAY 17, 2011

INSURANCE |. Resource Center. SOFTWARE |. MARKETING |. EQUIPMENT |. General Management. Software & Technology. Accounting & Finance. Construction Law. People Management. Green Building. Construction Safety. Compliance/Regulations. Sales/Marketing. Equipment Management. Equipment and Services Directory. Dexter + Chaney. foundation.

Construction Software Software Accounting

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Construction Business Owner Blogs

Construction Business Owner

JUNE 20, 2011

INSURANCE |. Resource Center. SOFTWARE |. MARKETING |. EQUIPMENT |. General Management. Software & Technology. Accounting & Finance. Construction Law. People Management. Green Building. Construction Safety. Compliance/Regulations. Sales/Marketing. Equipment Management. Equipment and Services Directory. Dexter + Chaney. foundation.

Construction Software Software Accounting

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Construction Business Owner Blogs

Construction Business Owner

OCTOBER 25, 2011

INSURANCE |. Resource Center. Education leads to improvement, efficiency, and profitability! SOFTWARE |. MARKETING |. EQUIPMENT |. General Management. Software & Technology. Accounting & Finance. Construction Law. People Management. Green Building. Construction Safety. Compliance/Regulations. Sales/Marketing. Dexter + Chaney.

Construction Software Software Accounting