In a few recent posts (listed below), information was presented to help construction contractors understand how implementing the right systems in their financial dealings allows them to take control and steer toward building a debt and risk-resilient construction business.   The Hidden Cost of Debt in Subcontracting (Understanding actual job costs up front reduces the need to borrow just to stay afloat.)   Budgeting as a Financial Risk Management Tool (A proactive budget le

Just as you take time to address risks on the jobsite, you must take time to address risk from a financial perspective. Learn why the...

Debt Feels Like an Easy Solution – But It’s Not! Got a cut on your hand? Clean it up, put on a bandage, and go about your day. But...

Site Preparation for Construction Project Estimates Project estimate  – a detailed prediction of the total cost to complete a...

Figuring out what an employee costs means paying attention to all the price tags accompanying his or her base wage or salary. Those tags...

Understanding What Choosing a CPA Means Yes, you WANT someone who can prepare tax reports for your construction business (and many people...

The following information is based strictly on the Percentage of Completion type of WIP Reporting, which we suggest as the best practice...

WIP Reports -- A Powerful Tool in Your Financial Toolkit The question we answered in an article titled Is a WIP Report Worth the Effort?...

The first (introductory) article of this four-part series concerning building an excellent bid package titled Knowing What to Bid on a...

So, a construction project has gone out for bid, and you’re interested in getting in on the action, but you’re unsure how to know your...

The first part of this four-part series laid the foundation concerning cash flow . The second part discussed essential components of cash...

Are your accounting records haphazard or outdated? It’s more than just a hassle—it’s a liability. At The Profit Constructors, we offer a...

Have you ever thought that the employees in your construction company have different or conflicting goals? Do you ever feel the left hand...

So, what is a sleek construction business? It is refined, polished, streamlined, smooth, visually appealing, functional, sustainable, and...

Even though some refer to their vehicle as their “wheels,” it would be at least a tad bit crazy to neglect putting tires on those wheels...

When we learned that today is International Jugglers Day, we knew it was time to introduce you to our Operations Coordinator, Jennifer...

When the team at The Profit Constructors drilled down to what our firm provides for our clients – seeking to encapsulate it in one word –...

Auditing Insurance Policies In the first part of this 4-part series concerning auditing expenses in your construction business, I...

It was bound to happen. When the tech-savvy 5-year-old watched Mommy go online, order items, and retrieve them from the front porch in a...

It isn’t likely that you got into the wild and wacky world of construction contracting because you were enamored with routine. Instead,...