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A recent experience got me thinking about the competitive bid process.
Let's begin this month by reviewing some basic financial concepts and benchmarks.
Budgeting for your marketing, sales, and project starts
Take some pain out of the yearly exercise of creating your jobs budget
Here's an effective way to organize and categorize expenses and job-cost data and compare the results with your forecasts.
Knowing how many jobs you need to complete and collect for on a monthly and quarterly basis is critical to meeting the financial goals you set for the period. But how do you know on a week-by-week — or even day-by-day — basis whether your jobs are moving you toward the goal line?
Unlearning bad habits picked up during the boom years is the first step to recovery.
Take a look at your “break-even volume,” which is the bare-minimum volume of work that you need to complete (and get paid for) in order to keep your doors open.
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