Construction Business Coaching

Newport Beach, CA 92660

More From Construction Business Coaching - Page 7
When prices are about the same, customers make decisions on who to hire based on things that set them apart like the extra things the company offers to do for them.
How Construction Contractors Can Improve Their Bid-Hit Ratio
When you don’t remove or clean out poor performers, other employees have to put up with them, work around them, cover for them, and make excuses for them. Additionally, your good employees lose respect for a boss who won’t do what’s right in a timely manner and accepts less than the best from his people.
Construction Contractors Must Remove Poor Performers to Increase Bottom Line
Think about how you price work and sell your services. Bidding with the cheapest price you buy materials for is not always the best way to approach your customers. Want to make more money? Decide how you will estimate your jobs based on what your customer is buying.
How Passing Along Costs Savings to Customers Can Harm Construction Contractors' Bottom Lines
Keep your original bid to the bare minimum to help get that first meeting. At the meeting, discuss every option to upgrade the project, improve the quality of materials, add-on additional items, or present prices for things required to fill the gaps and complete the work.
The Right Way to be the Lowest Bidder on Construction Projects
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.
Vary Construction Mark-up Per Job to Maximize Profit Potential
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.
Increase Your Construction Business Bottom Line By Shopping for Quotes
Contractors needs to make sure they are charging the right price for everything prior to starting a job or a change order request.
Two Strategies to Maximize Construction Profit
Author George Hedley
Five Project Management and Field Crew Meetings that Help Your Business
By setting the exact results you want your employees to achieve and measuring results, you can design an incentive compensation program that will reap rewards.
Motivate Employees with Incentive Compensation Programs
Focus On Success Freedigitalphotos 5463bb68620b7
What Are Your Top Two Business Priorities?
Get your team focused on what you need to happen to make money. Post the schedule completion dates for all to see and offer some incentives to beat the schedule.
How to Finish Projects Faster
In construction, you also need the right tools, standardized techniques, and repeatable systems in place to make sure everyone does things the same way over and over.
How To Shoot Par In Your Construction Business
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