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Correlating Your Business Model to Profitability

Construction Business Owner

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. One perspective gained was the disparity in profitability across companies with similar projects, specialties and size.

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The New Preconstruction Advantage: Connected Quantification & Model Coordination in a Common Data Environment

Construction Business Owner

The New Preconstruction Advantage: Connected Quantification & Model Coordination in a Common Data Environment. For example, if each clash costs $3,500 per instance (PWC, 2018), it’s difficult for estimators and project managers to ensure each project is profitable during the planning phases of a project. Greg Ragsdale.

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Construction Cost Estimating Improvement

Job Order Contracting

Whether its improving processes, getting most out of your construction dollars, ensuring a reasonable profit margin, or simply meeting your fiduciary responsibility, we can help. Our uniquely collaborative model enhances decision-making by providing current, objective, and actionable information to our clients.

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How Construction Business Owners Can Overcome Digital Hurdles

Contractor Bookkeeping

From project management software to drones and Building Information Modeling (BIM), construction business owners leverage these tools to enhance productivity, improve safety, and boost profitability. The construction industry has also experienced a significant transformation in recent years, driven by technological advancements.

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How technology can help you maintain your profit margins at residential projects

Lets Build

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.

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Know Your Excavator’s Total Cost of Ownership

Construction Business Owner

Selecting an excavator model, however, is just the first step. Many owners may think they have a handle on cost of ownership, only to find that incomplete calculations have caused their profits to fall shorter than expected. A proper cost-of-ownership model will include a spectrum of items designed to help you invest more wisely.'

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How High-Profit Jobs Can Make Or Break Your Construction Company

Contractor Bookkeeping

Knowing which jobs have the highest probability of success and profit before getting involved moves your construction company from an unpredictable roller coaster to a peaceful merry-go-round. You have what appears to be a high-profit job, and now you think you have it made, and I hope you are right!