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For the past several columns we've been talking about the importance of gross profit and contribution margin, or the amount that each job "contributes" toward overcoming your annual fixed overhead expenses and reaching your profit target.
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When I was a young builder in the early '80s, there was an old-timer in town who worked with a couple of his sons, a small crew, and a handful of good local subcontractors.
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Outsourcing paperwork with a PEO; high-school building program faces closure; defective-drywall guide raises eyebrows; more
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Let's begin this month by reviewing some basic financial concepts and benchmarks.
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This automated time clock can speed payroll, improve job-costing, and help you estimate more accurately.
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Budgeting for your marketing, sales, and project starts
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Pop Quiz: Q&A With Freddie Mac's Mike May
Apartment Finance Today recently sat down with Freddie Mac's Mike May to get his perspective on the competitive landscape, both against chief rival Fannie Mae and the private sector, as well as the company's plans for 2011.
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Take some pain out of the yearly exercise of creating your jobs budget
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Temporary Fix
THE PAST FEW YEARS haven't been great for apartment owners. Turns out corporate housing companies have had it just as bad.
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Here's an effective way to organize and categorize expenses and job-cost data and compare the results with your forecasts.