Construction Business Owner

NOVEMBER 5, 2020

How Improved Asset Management Increased Profits for One Virginia Contractor. Elizabeth Manning. Thu, 11/05/2020 - 10:50. Breaking down Virginia-based contractor Superior Paving Corp.'s s strategy for better storeroom efficiency & inventory control.

Virginia 308

Virginia Profitability Management Contractors 308

Viewpoint Construction Technology

OCTOBER 6, 2021

See 4 ways construction project managers can increase profit by using job cost accounting. Selling more isn’t always the best way to make more money.

Profitability 321

Profitability Accounting Project Management Construction 321

Construction Business Owner

APRIL 10, 2019

That’s why it is essential to optimize the use of your equipment if you want to maximize profits. . Every minute a piece of equipment sits idle on your jobsite, it’s robbing you of time and money.

Profitability 276

Profitability Equipment 276

Construction Business Owner

SEPTEMBER 16, 2022

Join this webinar to learn best practices for companies looking to ditch pen, paper and excel sheets for more streamlined communication and profitable projects. We’ll cover: Optimizing workflows with technology. Spotting inefficiencies across projects. Choosing the right tech to maximize productivity.

Profitability 287

Profitability Documentation Products Safety 287

Viewpoint Construction Technology

SEPTEMBER 25, 2024

See how switching to a digital construction supply chain can boost your productivity and profits.

Profitability 260

Profitability Products Construction 260

Construction Business Owner

JUNE 26, 2019

For any company with a fleet of light- or medium-duty vehicles, from service contractors to vendors and those in the transportation industry, increasing profitability often comes down to fostering an environment of greater employee accountability.

Profitability 243

Profitability Accounting Transportation Environment 243

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 85

Profitability Contractors Overhead Income 85

Viewpoint Construction Technology

JANUARY 26, 2022

Construction professionals are optimistic about growth in 2022, according to results from a new Viewpoint Network Survey.

Profitability 321

Profitability Viewpoint Construction News 321

Construction Business Owner

MARCH 4, 2025

Transform Your Fleet With Intelligent Technology ccapoccia Tue, 03/04/2025 - 09:50 The construction industry is one of the most competitive sectors, driven by tight profit margins, strict deadlines, rising material costs and increasing client expectations.

Profitability 177

Profitability Budgeting Budget Resource 177

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

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

Construction Business Owner

MARCH 11, 2024

Profit Starts With Knowing Your Numbers ccapoccia Mon, 03/11/2024 - 10:15 The key to building a successful construction business: knowing and managing your numbers. You can’t bid projects right unless you know your job costs, production rates, actual overhead and profit goal.

Profitability 156

Profitability Overhead Bidding Budgeting 156

Viewpoint Construction Technology

AUGUST 25, 2020

In just 15 minutes, you’ll learn how ViewpointOne can remove challenges that block collaboration on a job site.

Profitability 304

Profitability Software Software Site 304

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

Profitability 156

Profitability Modeling Infrastructure Accounting 156

Viewpoint Construction Technology

MARCH 1, 2023

From lean construction to project communication, we share how to make more profit on construction projects without compromising on quality.

Profitability 169

Profitability Construction 169

Construction Business Owner

OCTOBER 9, 2019

Macura Excavating's owner and site-work specialist, Mike Macura, offers his advice for starting and running a successful construction business and getting the most out of your equipment. .

Equipment 267

Equipment Profitability Site Construction 267

Viewpoint Construction Technology

NOVEMBER 15, 2021

Old-fashioned construction accounting can’t win against today’s complex projects and high-risk landscape. Viewpoint Analytics brings powerful reports.

Viewpoint 320

Viewpoint Profitability Accounting Risk 320

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

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

SEPTEMBER 18, 2023

Promote to rotator No Rotator Image Status of webinar Featured Stay on top of every project and maximize profitability. WIP reporting provides construction companies with the insight needed to determine if active jobs are under-billed or over-billed allowing you to stay on top of every project and maximize profitability.

Work in Progress 358

Work in Progress Cash Flow Profitability Management 358

Construction Business Owner

MARCH 27, 2024

Promote to rotator No Rotator Image Status of webinar Featured Maximize profit in your construction business. Thu, 05/09/2024 - 12:00 1:00 p.m. Once the project is complete, you will have an accurate, objective progress record to eliminate doubt and minimize the risk of legal disputes, improving the likelihood of repeat business.

Profitability 156

Profitability Legal Mobility Office 156

Contractor Bookkeeping

DECEMBER 6, 2024

For small business owners like you, understanding this process could be the key to increasing your profitability and ensuring that every job is priced right. Let's explore Job Costing, how it works, and how you can leverage it to enhance profitability.

Overhead 121

Overhead Profitability Construction Materials 121

Construction Business Owner

AUGUST 27, 2019

To build your business to its fullest earning potential, you must stop doing the little tasks and start doing what truly matters most to you. Review the following stages in the growth process and consider a new strategy to push your personal career development forward and get your company back on the road to growth. . .

Profitability 282

Profitability Roads 282

Viewpoint Construction Technology

DECEMBER 20, 2023

Typical construction profit margins are slim, but going into the new year there are a few ways you can bump up those profit margins. Read more.

Profitability 317

Profitability Contractors Construction 317

Construction Business Owner

NOVEMBER 19, 2020

Consistently achieving acceptable profit margins is difficult during the best of times. The slightest challenge can derail a project for weeks or even longer, causing profit margins to erode while also increasing the risk of potentially costly claims or litigation. The 6 Rules of Risk Mitigation in Construction Contracts.

Risk 334

Risk Contract Profitability Claims 334

Construction Business Owner

MARCH 23, 2023

If net profits are good, companies often think they’re effectively managing their money, processes and talent. In a great economy, profitability can provide firms with a false sense of security.

Foundation 317

Foundation Profitability Security Management 317

Construction Business Owner

MAY 30, 2024

In today’s digitally charged work environment, leveraging technology as your catalyst toward greater profitability is seen as a necessity rather than a luxury.

Profitability 357

Profitability Environment Construction 357

Construction Business Owner

MARCH 26, 2021

It’s nearly impossible to make any money when contracts allow just 10% and your subcontract only allows for 15% total overhead and profit markup on change orders, or time and material costs plus work. The typical commercial contractor’s annual overhead and profit markup look much like those in Figure 1.

Overhead 328

Overhead Subcontracting Change Orders Profitability 328

Construction Dive

NOVEMBER 2, 2023

The Sweden-based firm reported a 64% decrease in operating profit year over year, but said its construction division remains profitable.

Profitability 129

Profitability Residential Construction 129

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