Nov 18, 2020 | Finances, Job Bidding, Management, ProfitDig Updates
Here are some of the major recent upgrades to the ProfitDig system that will save you time and make your job easier: Project Manager viewing restrictions. There was some concern from larger companies that Project Managers had too much visibility on employee hourly...
Nov 4, 2020 | Finances, Job Bidding, Management
It doesn’t matter how good you are at performing the work for which you are hired – if you don’t manage the money coming in and going out, you will end up broke. If you own a construction company, you’ve probably got a lot of money going out,...
Oct 14, 2020 | Construction Equipment, Finances
If you’re leasing equipment, that’s not a bad thing. A lot of time that is an especially good decision if you are just starting out. If you get into a situation where you are going to have a long-term need for a piece of equipment – 5 or 6 months or...
Oct 7, 2020 | Cybersecurity, Management
Phishing and vishing are just two different ways to go about the same concept. Phishing is when you get an email that looks legitimate, but that contains links that take you to a web page or initiate a file download that looks normal (such as a PDF) that actually...
Sep 23, 2020 | Construction Equipment
Underutilized Equipment If you’ve been working two or three days and you’ve got two or three pieces of equipment that have not moved, and more than likely will not move for a while, then it probably doesn’t need to be on the project. That equipment...
Nov 5, 2019 | Finances, Hiring, Management
I want to talk about the importance of choosing the right personnel for your construction company and managing your expenses. These are two things that will have a major impact on the success of your business. There’s nothing that will give you a bad rep any...
Sep 25, 2019 | Job Bidding
Let’s talk about some strategies that will help you win more job bids. Use the Local Contractor Advantage If you are bidding on certain types of local municipality or government work, you may have a local contractor advantage if the job is in your own hometown....
Sep 18, 2019 | Management
Improve Performance by Managing Your Jobsite This might sound like a no-brainer, but proper jobsite management can greatly improve your profitability and time-to-completion of your part of the construction project. It is important to make sure that you have room on...
Sep 12, 2018 | Job Bidding, Management
Construction bid bonds are a topic that the new construction company owner may not know much about. I am going to give you a quick primer so you know what you are dealing with. When you get into construction jobs of a larger scale, whether you’re a prime...
May 5, 2018 | Finances, Management
Dave Ramsey is best known for his work in personal finance, but some of his ideas can be applied to managing your company’s finances. Ramsey talks about using an envelope system for managing your money. I’m going to talk about how a system like that can work for a...