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More stories about Business

  • Tracking the Owner's Time

    You need to know what functions you perform before you can make informed hiring decisions.

  • The Pitfalls of Hybrid Estimating

    A look at three ways to create an estimate, with varying proportions of labor, materials, and subcontractors.

  • Are Probationary Periods for New Hires a Good Idea?

    Be careful: Probationary periods may jeopardize your company's at-will employment policy.

  • No Written Change Order?

    Your contract requires written change orders, but for some reason you don't get one in writing. Can you still get paid?

  • Four Common Delusions Among Contractors

    Contractors are often their own worst enemies. Here are four ways they make it harder for their businesses to succeed.

  • Take the Discount

    Most lumberyards offer a discount for early payment. Don't let that 2% discount go to waste.

  • Nothing but Net

    Judging a company's profitability based on gross profit can be misleading. Your bottom line numbers are a better indicator of performance. Here's why.

  • Paid in Full?

    What to do when the scope of work changes and the customer disputes your claim for full payment.

  • How to Conduct a Job Start Review

    If you work with employees or subs, you need to be clear about what, exactly, the project entails and when it's expected to be completed. Everyone needs to understand. This job start package lays it all out.

  • Estimating Using Templates, Part Three

    Whether you estimate with an off-the-shelf system or using an Excel spreadsheet, most systems today are built around a database of unit pricing items. Here are some tips to get you started.