Business 101: Increasing Profits with Proper Planning

Careful planning can improve your company's revenue.


There really isn't anything unusual or extraordinary about the four-point outline. What is unusual and extraordinary are the contractors who are disciplined to practice their planning efforts consistently, no matter the size of the project. Contractors cost themselves greatly when they pay little to no attention to planning on smaller jobs. It is often the smaller jobs that can cost you the most!

Planning is more than simply scheduling future work. It is the methodical breakdown of everything that will be executed to complete the project that moves a contractor from average to superior. For my money, focus more on planning and you will see greater return for every dollar spent!

Brad Humphrey is president of Pinnacle Development Group, a consulting firm that specializes in assisting construction companies in job planning, job costing, sales and leadership development. For more information about Pinnacle Development Group go to www.pinnacledg.com or e-mail Brad at brad@pinnacledg.com.