The Profitable Contractor

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The Profitable Contractor

Author : Steve Dale
Publisher : Unknown
Page : 128 pages
File Size : 47,5 Mb
Release : 2021-02-04
Category : Electronic
ISBN : 1952654173

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The Profitable Contractor by Steve Dale Pdf

What if you could charge more and work less? What if you had time to dothe things you love to do? As the owner of a contracting business, these may seem like impossible goals, but Steve Dale is here to tell you it can be done.In The Profitable Contractor, Steve explains how businesses can unintentionallybe set up for failure. Using his proven strategies, you'll learn how totransform your contracting business into a profitable success that's a magnetfor your ideal clients.Instead of surviving from project to project, Steve helps you differentiate yourself from the competition to set up a business based on great clients. You'll discover how to identify the top client opportunities that are right infront of you and how to generate revenue based on your expertise andprofessional knowledge. And you'll be guided every step of the way with clientsuccess stories and access to worksheets and tools that will help you renovate your business.If you're ready to stop the late nights, working weekends, and missing out onfamily time, this book is for you. It's time to invest in yourself and your business to help build the life you really want.

Managing the Profitable Construction Business

Author : Thomas C. Schleifer,Kenneth T. Sullivan,John M. Murdough
Publisher : John Wiley & Sons
Page : 395 pages
File Size : 43,5 Mb
Release : 2014-02-21
Category : Technology & Engineering
ISBN : 9781118837139

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Managing the Profitable Construction Business by Thomas C. Schleifer,Kenneth T. Sullivan,John M. Murdough Pdf

Take control of your construction contracting business and manage it through the natural highs and lows of the construction market. Learn from a team of construction business veterans led by Thomas C. Schleifer, who is commonly referred to as a construction business "turnaround" expert due to the number of construction companies he has rescued from financial distress. His financial acumen, combined with his practical, hands-on experience, has made him a sought-after private consultant. His experience and no-nonsense philosophy have truly given him a unique perspective. Important topics covered include: Understanding the primary areas of construction business failure in the next decade Minimizing business risk with real-world examples Developing a positive and competent management attitude and strategy Discover how to maneuver through this complicated and risky industry by using the authors' research and proven success strategies to sustain and grow your business.

Profit First for Contractors

Author : Shawn Van Dyke
Publisher : Unknown
Page : 218 pages
File Size : 44,8 Mb
Release : 2018-12-03
Category : Electronic
ISBN : 1790264502

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Profit First for Contractors by Shawn Van Dyke Pdf

Construction industry business coach, speaker, and author, Shawn Van Dyke, has taken the core concepts of Mike Michalowicz's Profit First and customized them to address the specific needs of the construction industry. Profit First for Contractors addresses the major struggles contractors face and provides clear and actionable guidance on how to overcome them. Shawn shows contractors how to go from simply getting by to becoming permanently profitable. This book is for every construction business owner who dreams of prosperity. Using Van Dyke's Profit First for Contractors system, readers will learn how to break out of the "craftsman cycle" - the seemingly never-ending loop of urgent tasks and responsibilities that keep contractors from gaining traction toward their important goals. He guides construction business owners how to understand their financial statements and how to use them to determine the markup and margin that lead to profits. You will also learn hot to develop solid rules of thumb for the operation of your construction businesses, and how to implement an effective cash management plan that simplifies accounting and leverages normal human behavior. Using real-life stories from actual construction business owners, step-by-step advice, and his conversational twang, Van Dyke puts permanent profitability within reach of every construction business owner.

Markup & Profit

Author : Michael Stone
Publisher : Craftsman Book Co
Page : 316 pages
File Size : 44,8 Mb
Release : 1999-01-01
Category : Technology & Engineering
ISBN : 1572180714

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Markup & Profit by Michael Stone Pdf

In order to succeed in a construction business you have to be able to mark up the price of your jobs to cover overhead expenses and make a decent profit. The problem is how much to mark it up. You don't want to lose jobs because you charge too much, and you don't want to work for free because you've charged too little. If you know how much to mark up you can apply it to your job costs and arrive at the right sales price for your work. This book gives you the background and the calculations necessary to easily figure the markup that is right for your business. Includes a CD-ROM with forms and checklists for your use.

A Simple Guide to Turning a Profit as a Contractor

Author : Melanie Hodgdon,Leslie C. Shiner
Publisher : Dog Ear Publishing
Page : 216 pages
File Size : 51,5 Mb
Release : 2009-10
Category : Business & Economics
ISBN : 1608442543

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A Simple Guide to Turning a Profit as a Contractor by Melanie Hodgdon,Leslie C. Shiner Pdf

This is the book you should have bought the day you decided you could make more money running a construction company than banging nails for somebody else. It provides you with the answers to those business questions that plague contractors: what am I doing wrong and what's stopping me from making the money that I deserve? You'll meet Mike, a remodeler who thought he owned a business but actually had a low-paying job. Many contractors start out like Mike. This book, in a very simple and easy to understand way, follows Mike as he learns to understand his numbers, adopts new systems, and creates a repeatable process for profit. "Every contractor should read this book. It is the first and only book that makes the numbers game easy to understand, but, more importantly, easy to incorporate into a contractor's business. Bravo!" - Shawn McCadden, CR, CLC, CAPS, award-winning remodeler, columnist, and nationally recognized remodeling industry specialist. "The authors have distilled many of the mysteries of the small-business person who can no longer manage the business by quick thinking and fast actions." - Mike Gorman, CR, construction industry author and speaker. "Contractors love a good story, and that's what they get. All of the basics are covered, including cash flow analysis, distinguishing job costs from overhead expenses, and calculating mark-up." - Sal Alfano, Editorial Director, Hanley Wood Business Media. Melanie Hodgdon (Business Systems Management, Inc.) and Leslie Shiner, MBA (The ShinerGroup) both manage successful consulting and coaching companies. With over 40 years combined experience, they help contractors better understand and improve business practices and maximize profits. In 2007, they began to work on a series of joint projects that would capitalize on their combined talents. This book is one product of that collaboration.

Winning the Contractor Fight

Author : Tom Reber
Publisher : Contractor Fight
Page : 152 pages
File Size : 42,8 Mb
Release : 2021-09-14
Category : Business & Economics
ISBN : 1737919109

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Winning the Contractor Fight by Tom Reber Pdf

"The Contractor Fight" is what HGTV host and best-selling author Tom Reber calls the battle between your ears. We all have stories and experiences that have formed us into who we are. We are what we think, and the battleground is our mind. The Fight is not with the people you think are "cheap customers." It's not with the unlicensed competitors or the "illegals," as many contractors think. The Fight is with yourself. Sadly, most of the struggles contractors have are self-imposed. It's friendly fire. The negative ways we think about ourselves and our worth... friendly fire. The growing debt, working too much, small bank account... friendly fire. Winning the Fight is a choice. You're noble and full of integrity. You bend over backward to serve your family and clients. You have taken it on the chin more times than you can count. Now, it's time to get yours. Earn what you're worth. Create a business that serves you and energizes you, instead of one that beats you down. Choose to own your crap and get better today.

Profit First

Author : Mike Michalowicz
Publisher : Penguin
Page : 224 pages
File Size : 40,8 Mb
Release : 2017-01-18
Category : Business & Economics
ISBN : 9780735214163

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Profit First by Mike Michalowicz Pdf

Author of cult classics The Pumpkin Plan and The Toilet Paper Entrepreneur offers a simple, counterintuitive cash management solution that will help small businesses break out of the doom spiral and achieve instant profitability. Conventional accounting uses the logical (albeit, flawed) formula: Sales - Expenses = Profit. The problem is, businesses are run by humans, and humans aren't always logical. Serial entrepreneur Mike Michalowicz has developed a behavioral approach to accounting to flip the formula: Sales - Profit = Expenses. Just as the most effective weight loss strategy is to limit portions by using smaller plates, Michalowicz shows that by taking profit first and apportioning only what remains for expenses, entrepreneurs will transform their businesses from cash-eating monsters to profitable cash cows. Using Michalowicz's Profit First system, readers will learn that: · Following 4 simple principles can simplify accounting and make it easier to manage a profitable business by looking at bank account balances. · A small, profitable business can be worth much more than a large business surviving on its top line. · Businesses that attain early and sustained profitability have a better shot at achieving long-term growth. With dozens of case studies, practical, step-by-step advice, and his signature sense of humor, Michalowicz has the game-changing roadmap for any entrepreneur to make money they always dreamed of.

Get Your Construction Business to Always Make a Profit!

Author : George Hedley
Publisher : Createspace Independent Publishing Platform
Page : 0 pages
File Size : 50,9 Mb
Release : 2016-09-21
Category : Construction industry
ISBN : 1500965766

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Get Your Construction Business to Always Make a Profit! by George Hedley Pdf

You can get your construction business to move to the next level, get organized and systemized, build an accountable responsible team, charge the right mark-up, always make a profit, and work exactly the way you want by drafting your BIZ-Builder Blueprint Action Plan. George Hedley is one of the country's leading construction business building experts, top speakers, and professional business coaches. He has helped thousands of contractors grow, make more money, install systems, and build profitable companies. His step-by-step practical blueprint system helps general and specialty contractors who are stuck and want to improve profit margins, take charge, and grow. This book presents proven steps to: 1. Become a "Best In Class" contractor. 2. Develop a five year BIZ-Vision & BIZ-Plan. 3. Write your short and long term goals. 4. Develop an accountable management team. 5. Delegate and build responsible team players. 6. Replace yourself with written BIZ-Systems. 7. Install field and project management systems. 8. Create scorecards and job cost tracking systems. 9. Learn how to know, track, and hit your numbers. 10. Draft a winning marketing and sales action plan. 11. Focus on growth and finding new customers. 12. Always make a profit.

Profitable Sales

Author : Michael C. Stone
Publisher : Unknown
Page : 319 pages
File Size : 46,5 Mb
Release : 2007
Category : Building
ISBN : 0979508304

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Profitable Sales by Michael C. Stone Pdf

The Profit Bleed

Author : Vicki Suiter
Publisher : Createspace Independent Publishing Platform
Page : 154 pages
File Size : 54,6 Mb
Release : 2018-01-16
Category : Electronic
ISBN : 1983932671

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The Profit Bleed by Vicki Suiter Pdf

Being the owner of a contracting company can feel overwhelming, frustrating, and downright life draining, particularly when you're working more hours than there are in a day. You'd delegate more to others, but you worry they won't follow through, or do the job as well as you would. You want to charge more-heck, you need to charge more-but you're afraid you'll lose your shirt to the competition. You're bleeding money, but don't know precisely how to fix the problem, where to begin. Actually, even if you knew where to begin, where would you find the time to make critical changes? Help is here in the form of a doable, step-by-step guide that will put money in your pocket, and more time and fun in your day. Learn how to: - Keep your finger on the critical pulse points that drive success - Depend on your employees to take ownership - Close more deals while charging more money - Develop an air of confidence that magnetizes potential customers - Manage the project scope and stop the profit bleed of cost overruns If you can't remember the last time you took a vacation or watched your kids' soccer game, or the last time you reviewed your balance sheet with a sense of pride and excitement, this book is for you.

Running a Successful Construction Company

Author : David U. Gerstel
Publisher : Taunton Press
Page : 276 pages
File Size : 52,5 Mb
Release : 2002
Category : Business & Economics
ISBN : 1561585300

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Running a Successful Construction Company by David U. Gerstel Pdf

A guide to running a construction company that provides tips and information on creating operating procedures, improving worker skills, using computers, keeping the right forms and paperwork up to date, competitive bidding, and other topics.

Construction Millionaire Secrets

Author : Dominic Rubino
Publisher : Dominic Rubino
Page : 172 pages
File Size : 55,6 Mb
Release : 2020-10-06
Category : Electronic
ISBN : 1777372909

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Construction Millionaire Secrets by Dominic Rubino Pdf

This book is written in grey hair and wrinkles! The truth is you don't need a lot of time- or a business degree- to build a million dollar construction business. You just need the simple systems that everyone else is keeping a secret . Construction millionaires not only exist, they are created every day. Most have made their fortunes not because they got one lucky break, but because they figured out how to work smart, not just hard. Once you finally understand the secrets to success there is absolutely no limit for where you can take your company.Dominic Rubino creates construction millionaires- and multi-millionaires. He's done it for himself, and he has shown others how to do it as well.This book is the blueprint on how to work from the neck up. How to work smarter, how to grow and leverage the right systems and ways of doing things in your business so you can skip the trial-and-error that could literally waste your entire life.You should read this with the goal of getting first to 1 M in revenue, then using the same information to get you to 1 M in profits.There are secrets to success. Unfortunately they don't get taught in school, and people who know them usually don't share them. Now, I'm sharing them here. I have to.

Financial Management in Construction Contracting

Author : Andrew Ross,Peter Williams
Publisher : John Wiley & Sons
Page : 458 pages
File Size : 40,6 Mb
Release : 2013-01-29
Category : Technology & Engineering
ISBN : 9781405125062

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Financial Management in Construction Contracting by Andrew Ross,Peter Williams Pdf

This authoritative text provides a detailed insight into how construction companies manage their finances at both corporate and project level. It will guide students and practitioners through the complexities of the financial reporting of construction projects within the constraints of accepted accounting practice. The book is written for non-accountants and from a contractor’s perspective and is equally relevant to subcontractors and main contractors. The authors examine the relationship between the external annual accounts and the internal cost-value reconciliation process. CVR is covered in depth and the authors consider issues such as interim payments, subcontract accounts, contractual claims, final accounts, cash flow management and the reporting of the physical and financial progress of contracts. A broad perspective of all the financial aspects of contracting is taken along with related legal issues and the authors explain how things operate in the ‘real world’. They describe good practice in financial control while at the same time being honest about some of the more questionable practices that can - and do - happen. The approach taken is unique as the financial management of construction projects is considered from the perspective of the contractor’s quantity surveyor. The book deals with the real issues that surveyors have to address when using their judgment to report turnover, profitability, cash flow, and work in progress on projects and the financial problems faced by subcontractors are frankly and pragmatically explored. The payment and notice requirements of the Construction Act are explained in detail and relevant provisions of JCT2011, NEC3, ICC, DOM/1 and other standard contracts and subcontracts are also covered. Financial Management in Construction Contracting addresses the wide variety of external factors that influence how construction companies operate, including government policy, banking covenants and the financial aspects of supply chain management. Cost reporting systems are described and real-life examples are used to illustrate cost reports, accrual systems and how computerised systems can be employed to provide the QS with information that can be audited. Examples drawn from practice demonstrate how work-in-progress (WIP) is reported in contracting. Cost value reconciliation reports are featured and the book demonstrates how adjustments are made for overmeasure, undermeasure, subcontract liabilities and WIP as well as explaining the processes that contractors use when analysing external valuations. This is the ideal core text for final year degree and post-graduate level modules on Quantity Surveying, Commercial Management, Construction Management and Project Management courses and will provide an invaluable source of reference for quantity surveyors and others who may be engaged in the financial management of construction projects. The book’s companion website at www.wiley.com/go/rossfinancialmanagement offers invaluable resources for students and lecturers as well as for practising construction managers: end-of-chapter exercises + outline answers PowerPoint slides for each chapter ideas for discussion topics links to useful websites

Managing a Construction Firm on Just 24 Hours a Day

Author : Matt Stevens
Publisher : McGraw Hill Professional
Page : 417 pages
File Size : 41,7 Mb
Release : 2006-11-09
Category : Business & Economics
ISBN : 9780071631471

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Managing a Construction Firm on Just 24 Hours a Day by Matt Stevens Pdf

This detailed overview of the construction contracting business delivers an invaluable collection of best practices, forms, templates, and checklists designed to reduce risks and increase profits. Contractors will learn everything they need to know about the make-or-break areas of estimating, pricing, bidding, project management, and financial management. The author is well-known in the industry, with a weekly newsletter, website, online digest, regular column for Contractor magazine, and 70-plus seminar bookings for 2006 Extensive examples and illustrations help readers apply the insights offered

Construction Business Management

Author : Nick B. Ganaway
Publisher : Routledge
Page : 209 pages
File Size : 48,8 Mb
Release : 2007-06-01
Category : Architecture
ISBN : 9781136414879

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Construction Business Management by Nick B. Ganaway Pdf

Only 43 per cent of U.S. construction firms remain in business after four years. Why? Inadequate management, according to the U.S. Small Business Administration. This is surprising because most construction firms are formed by ambitious construction project managers, executives and tradesmen who have excelled at what they have been doing. But as experienced as these entrepreneurs may be, they are not likely prepared to take on the full range of responsibilities forced on them in managing the business of construction in its entirety. While this business failure rate and its causes are based on U.S. experience, available data from a number of other industrialized countries shows they are similar. This book describes in detail what the business side of the construction equation requires of the construction firm owner. The contractor who quickly learns these requirements can identify and avoid or manage around the pitfalls that cause the high failure rate in our industry and put his or her construction firm on a level playing field with the best-run companies in the business. The detailed duties of the owner, whether in the U.S., U.K., Australia or Canada, are a common theme throughout the book. The author, Nick Ganaway, speaks peer-to-peer, and the book is sprinkled with supporting examples from his own experience. He is immersed in the industry and this book is "based on the things I've learned, used, and refined as a light-commercial general contractor in the course of starting and operating my own construction firm for 25 years." The contractor doing $5 million or $50 million or more in annual sales or the equivalent amount in other countries, or the entrepreneur who is just starting up, can use the tried and proven material in this book to build a business that is profitable, enjoyable, and enduring. Additionally, the book devotes a chapter to specializing in chain-store construction.