Markup Profit

Markup   Profit Author Michael C. Stone
ISBN-10 1572182717
Year 2012
Pages 332
Language en

In order to succeed in a construction business, you have to be able to price your jobs to cover all labor, material and overhead expenses, and make a decent profit. But calculating markup is only part of the picture. If you're going to beat the odds and stay in business -- profitably, you also need to know how to write good contracts, manage your crews, work with subcontractors and collect on your work. This book covers the business basics of running a construction company, whether you're a general or specialty contractor working in remodeling, new construction or commercial work. The principles outlined here apply to all construction-related businesses. You'll find tried and tested formulas to guarantee profits, with step-by-step instructions and easy-to-follow examples to help you learn how to operate your business successfully. Includes a link to free downloads of blank forms and checklists used in this book.

A Simple Guide to Turning a Profit as a Contractor

A Simple Guide to Turning a Profit as a Contractor Author Melanie Hodgdon
ISBN-10 1608442543
Year 2009-10
Pages 216
Language en
Publisher Dog Ear Publishing

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.

Running a Successful Construction Company

Running a Successful Construction Company Author David Gerstel
ISBN-10 1561585300
Year 2002
Pages 265
Language en
Publisher Taunton Press

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 Business Management

Construction Business Management Author Nick B. Ganaway
ISBN-10 9781136414879
Year 2007-06-01
Pages 224
Language en
Publisher Routledge

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.

Interior Home Improvement Costs

Interior Home Improvement Costs Author Thomas J. Akins
ISBN-10 CORNELL:31924085789430
Year 1998
Pages 238
Language en
Publisher R S Means Company

64 updated estimates for popular projects. With home offices, in-law apartments and remodeling for disabled residents. Includes new guidance for remodeling older homes. -- Attic & Basement Conversions -- Kitchen and Bath Remodeling -- Fireplaces -- Storage -- Stairs, New Floors -- Walls & Ceilings

Contractor s Survival Guide

Contractor s Survival Guide Author Jason Reid
ISBN-10 9781133018827
Year 2010-11-01
Pages 160
Language en
Publisher Cengage Learning

Overcome and even grow amidst the challenges posed by a challenging economy. The Contractor's Survival Guide provides all the tools needed to succeed when others in the industry are struggling. This book is written by a contractor with first-hand experience, and it is packed with proven techniques that will increase leads, cut costs, drive profits, and improve overall productivity. Topic coverage includes identifying the most effective areas to spend marketing dollars, gathering qualified but inexpensive leads, selling more estimates, driving business through the Internet and social networking sites, and more. With special attention to industry-specific trends and the latest technologies, this is a must-have for anyone seeking to develop a strong business that is driven by growth.

Be a Successful Remodeling Contractor

Be a Successful Remodeling Contractor Author R. Woodson
ISBN-10 9780071467117
Year 2005-06-21
Pages 322
Language en
Publisher McGraw Hill Professional

Veteran remodeling contractor R. Dodge Woodson provides all the guidance and details necessary for success in the lucrative remodeling business. This practical guide covers every phase of starting, running, and operating a profitable business and delivers insider advice on everything from getting a license to renting an office to remodeling an entire home. Sidebars and Tip Boxes provide valuable at-a-glance information Real world case studies drive home key points from the text How to start on a part-time basis Buying trucks, tools, equipment, and materials Mistakes that can kill a business -- and how to avoid them

Contractor s Guide to Change Orders

Contractor s Guide to Change Orders Author Andrew M. Civitello
ISBN-10 0130425958
Year 2002-01-01
Pages 382
Language en
Publisher Prentice Hall

This second edition is the essential guide to handling the critical area of change orders for the construction industry. It shows contractors what they need to do when clients make changes in a building project. Comprehensive information about how to identify and assign costs to all added components, back up their prices, document their findings, negotiate and resolve change order disputes to their advantage, and much more. Valuable tips on finding attorneys and key consultants to help win in court when all else fails and dozens of ready-to-use tools--sample forms, word-for-word letters and checklists--to save contractors time and work are also included.

Managing the Profitable Construction Business

Managing the Profitable Construction Business Author Thomas C. Schleifer
ISBN-10 9781118837139
Year 2014-02-21
Pages 288
Language en
Publisher John Wiley & Sons

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.

Contractor s Guide to QuickBooks 2015

Contractor s Guide to QuickBooks 2015 Author Karen Mitchell
ISBN-10 1572183047
Year 2015-03-04
Pages 280
Language en

QuickBooks can save you hours of time in keeping your books and keeping track of your finances. But setting up the new 2015 QuickBooks can be complex and time-consuming. According to a recent national survey, more construction contractors use QuickBooks than all other accounting program combined. And for good reason. QuickBooks excels at all the routine paperwork in a construction office: writing checks, keeping track of your bank statements for the month, year or by job, writing payroll checks, paying suppliers and subcontractors, tracking job costs, comparing estimated and actual costs for each job, and much more. But there's a lot to learn in QuickBooks. And converting to a new accounting system can be a complex and confusing task, even if you have a strong background in accounting and plenty of time to install the new system. That's why this book was written -- because most construction pros aren't accounting experts and have more important work to do at the jobsite.

The Construction MBA Practical Approaches to Construction Contracting

The Construction MBA  Practical Approaches to Construction Contracting Author Matt Stevens
ISBN-10 9780071763264
Year 2012-07-02
Pages 480
Language en
Publisher McGraw Hill Professional

Proven business strategies for operating a profitable and efficient construction firm Written by a successful management researcher, advisor, and educator to construction contractors, The Construction MBA reveals effective operating practices for managing the multiple processes that must work simultaneously to make a construction firm consistently profitable. The methods in the book apply to both general and specialty contracting firms and describe how to grow both the top line and bottom line. This strategic resource explains how to integrate metrics into your business model that allow you to identify and react to critical trends. You'll learn ways to gain the competitive edge by adopting superior processes, speeding up your business cycle, and maximizing client satisfaction. Tips for positioning your firm on the "sweet spot" of the risk-reward curve are also included. Realworld case studies demonstrate the concepts presented in this practical guide. In addition, eight legendary management books are reviewed and their lessons are applied to the construction contracting business. The Construction MBA covers: The new business model Corporate objectives and strategies Work acquisition Operations management Human resources Financial management Technology Good operating practices

Starting Your Career as a Contractor

Starting Your Career as a Contractor Author Claudiu Fatu
ISBN-10 9781621534709
Year 2015-03-17
Pages 224
Language en
Publisher Skyhorse Publishing, Inc.

This incisive, practical guide provides a thorough breakdown of the ins and outs everyone needs to know when turning contracting skills into a business. From summoning the motivation to start your own business to the intricacies of being your own boss, Claudiu Fatu artfully turns his personal experiences and those of other successful contractors into advice on every aspect of building a business. The chapters focus on: Developing a business structure, including bank accounts, tax registration, insurance, and branding Handling legal and accounting hurdles Managing employees and dealing with clients Using marketing systems to find and book work Estimating and bidding on jobs Writing contracts Creating invoices and a billing system Controlling costs, keeping records, and understanding profit margin Planning retirement and other benefits for the self-employed By teaching contractors to anticipate problems that can arise when dealing with clients, and to build a business plan that can support a contractor’s talents in the best way possible, Starting Your Career as a Contractor is the ultimate manual to getting the job done right!

The Elements of Building

The Elements of Building Author Mark Q. Kerson
ISBN-10 0991327705
Year 2014-01-01
Pages 362
Language en
Publisher From the Ground Up Publishing

" EOB is packed with a lifetime of practical, hard-won wisdom on how to succeed with a small construction business. Every contractor should read this compact book cover to cover and reread it often. It won't guarantee your success, but will help you steer clear of the many pitfalls that could guarantee your failure. " Steve Bliss, Editorial Director of The Journal of Light Construction

Electrical Contractor

Electrical Contractor Author Dan Ramsey
ISBN-10 0830644679
Year 1993
Pages 328
Language en
Publisher Tab Books

Describes the opportunities available to electrical contractors and discusses such aspects of entrepreneurship as finance, equipment, record keeping, customers, costs, management, and growth

Electrical Contracting

Electrical Contracting Author Michael Sammaritano
ISBN-10 0977154122
Year 2011-01
Pages 426
Language en

Electrical Contracting is the complete book with business forms and checklists for the entrepreneurial mind. It deals with the general contractor, the owner, the architect, and the engineer, also with the building department, vendors, and manufacturers. Most importantly, it deals with Electrical Contractor's staff and his field workforce. Electrical Contracting first captivated the industry under the title "Successful Electrical Contracting Methods" in1995. The inclusion of a simplified Quick Start Chapter and similar revisions, compelled the author to title this edition, simply, "Electrical Contracting."