Expert Columns: Page 113

Expert Columns
Vary Construction Mark-up Per Job to Maximize Profit Potential
Construction Business Coaching
A variable mark-up system is the best solution to maximize a construction contractor's bottom-line because small jobs require just as much time and overhead as a bigger job
Smart profitable business owners understand the power of marking up the entire cost of doing work on a project including overhead first. Mark-up your overhead costs first to boost your bottom-line.
Expert Columns
Growing Rental Fleet Size Makes Life Easier for Construction Contractors
GB Financial Services, LLC
As rental fleet size expands, so do the opportunities for construction firms to benefit from renting equipment.
Both equipment dealers and rental companies are expanding their rental fleets. This means more equipment at your disposal when needed.
Management
How to Interview Potential Employees to See if They Fit the Job
The Contractor's Business Coach
How to get a potential job candidate to show you if they are a good fit for a construction position before you lay all your cards on the table
Interviewing for fit is a bit of a learned skill. It requires you to get the interviewee talking openly in a very relaxed manner. You need to ask very open ended questions. You need to share minimal information about the job and your company prior to getting to know the person.
Expert Columns
Make Use of Construction Equipment Trends to Maximize Profit
GB Financial Services, LLC
With construction business getting better, rental offers opportunities to add equipment while letting someone else take the risks.
Management
Concrete Foundations Association Introduces Industry Specific Insurance Program
Arthur J. Gallagher & Co.
Expert Columns
No Reason To Not Inhale
Concrete Foundations Association (CFA)
CFA says glass fibers in concrete pose no health risk; neither do they replace steel reinforcing for managing cracks.
The CFA continues to hear from homeowners regarding health concerns of fibers used in residential concrete. It should be identified to any homeowner the fibers added to concrete pose no health threat.
Management
Increase Your Construction Business Bottom Line By Shopping for Quotes
Construction Business Coaching
To stay competitive, construction contractors must continually seek new suppliers and subcontractors to do business with
Over time, if you get a minimum of four to five quotes per trade or supplier, your overall price will significantly go down, and you’ll get awarded more jobs to build.
Expert Columns
How to Make an Irrational Inspector Rational
American Society of Concrete Contractors (ASCC)
Learn about five ways a contractor can challenge an inspector.
Management
How to Keep From Blowing Construction Bids
The Contractor's Business Coach
Estimators need to take the time to analyze historical job cost data, carefully review the project scope and properly account for all the costs of a project in order to avoid blowing a construction bid
Proper job costing, efficient review of scope and accounting for all project costs are three key elements to making sure your construction estimator does not blow a bid.
Expert Columns
Two Strategies to Maximize Construction Profit
Construction Business Coaching
How to accurately estimate soft costs and fully charge for all change-order work to maximize your construction company's bottom line
Contractors needs to make sure they are charging the right price for everything prior to starting a job or a change order request.
Expert Columns
Not All Diamond Abrasives Are Created Equal
Superabrasive Inc.
An important first step in prepping the surface for grinding is using brazed pads. These pads may also be used for floor leveling and thin coating removal.
Expert Columns
Some Specifications Just Aren’t Fair
American Society of Concrete Contractors (ASCC)
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