Construction Company Turnaround
Do you wonder if the book, Markup & Profit; A Contractor’s Guide can help your business, even in today’s economy? Check out a note we received earlier this month.
Do You Have Business Interruption Insurance?
Business Interruption Insurance is among the least understood and often most poorly written coverage.
Market Your Business with Pumpkins
A marketing idea for your business: pumpkins.
A Market in Holiday Lighting
You need to start planning your advertising to potential clients that you are available to install and take down Christmas lights and decorations.
Selling On Price Alone
I was reminded again recently of the need for in-house training on what it takes to pay the bills in a construction related company.
Becoming a Construction Business Owner?
When people lose their jobs, many decide to start their own business
“Transparency” or Proprietary Information?
Someone once said, “No man’s business is safe while the legislature is in session.” Here is another example.
Construction Business Employee Manual
Many old timers in this business will tell you to be slow to hire and quick to fire. That is just the opposite of what too many construction-related businesses do.
Price Fixing in Construction
During a recent survey, comments were made about price fixing. They referenced the Sherman Antitrust Act and association warnings about the appearance of price fixing.
Markup or Margin . . . Which is Better?
Are markup and margin interchangeable? Is a 1.55 markup the same as a 55% gross margin?
Using Gross Margin Correctly
Yesterday markup – today gross margin. Let's look at using your gross margin to calculate the correct sales price for your work.
Markup vs Margin
There’s a lot of confusion over using markup vs margin to price jobs.
Construction Coach Success Story
A young couple came to us for coaching in February, just two months ago. While their P & L was not all that bad they could and wanted to do better.
Run a Profitable Construction Business
Michael takes a minute to talk about the value of making a profit. (video)
The Pain of Discipline
This quote from Jim Rohn is particularly true for construction business owners. There are a lot of things that need to be done and we need the discipline to do them.
Moonlighting Construction Employees
A question came about moonlighting employees. This is an ongoing issue for construction business owners.