![Material Costs Skyrocketed in 2022 – How Contractors Can Deal With It](https://www.profitdig.com/wp-content/w3-webp/uploads/2023/04/RisingMaterialsCosts-1080x675.jpgw3.webp)
![Material Costs Skyrocketed in 2022 – How Contractors Can Deal With It](https://www.profitdig.com/wp-content/w3-webp/uploads/2023/04/RisingMaterialsCosts-1080x675.jpgw3.webp)
![Why Materials Prices Can Change So Rapidly and What To Do About It](https://www.profitdig.com/wp-content/w3-webp/uploads/2023/04/MaterialsPrices-1080x675.jpgw3.webp)
Why Materials Prices Can Change So Rapidly and What To Do About It
Let’s talk about something that affects all of us in the industry: the prices of materials. Have you ever noticed that the price of wood and other materials can go up like crazy one day, and then drop just as quickly the next? It can be frustrating, but there...![10 Construction Job Bidding Strategies for Dealing with Rising Materials Costs](https://www.profitdig.com/wp-content/w3-webp/uploads/2023/01/MaterialsOnJobsite-1080x675.jpgw3.webp)
10 Construction Job Bidding Strategies for Dealing with Rising Materials Costs
Rapidly rising materials costs are a real concern for any construction contractor, especially in light of the price inflation we are experiencing these days. But there are strategies you can use to mitigate the risk and save your profit. Here are ten strategies you...![Investing Your Profits Into Escrow Accounts: Strategies for Managing Your Construction Company’s Cashflow More Successfully](https://www.profitdig.com/wp-content/w3-webp/uploads/2022/07/61786f44524b216442b60525_construction-escrow-1080x675.jpegw3.webp)
Investing Your Profits Into Escrow Accounts: Strategies for Managing Your Construction Company’s Cashflow More Successfully
An escrow account is essentially a savings account that’s managed by your mortgage servicer. How can this be helpful in managing the cashflow in construction? If you are thinking of becoming self-sufficient in the construction industry, investing your profits...![Construction Tips on Managing your Finances](https://www.profitdig.com/wp-content/uploads/2022/07/115914661_fb-link-1024x535-1.webp)
Construction Tips on Managing your Finances
If you own a construction company, you’ve probably got a lot of money going out, and hopefully some money coming in. if you don’t keep track of all that, you don’t really know if you made any money or not. So how can you manage that? Dave Ramsey is...![When Is a Construction Project Really Over? The Process of Finalizing a Job.](https://www.profitdig.com/wp-content/w3-webp/uploads/2022/07/2022-07-08-1080x675.pngw3.webp)