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This month I want to talk about one of the most important aspects of a purchasing system: the ability to accurately capture, manage, and minimize unwanted job-cost variances.
In July we discussed the basics of a purchasing system, and how it can help you control costs and improve the quality of your projects.
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.
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.
Outsourcing paperwork with a PEO; high-school building program faces closure; defective-drywall guide raises eyebrows; more
Let's begin this month by reviewing some basic financial concepts and benchmarks.
This automated time clock can speed payroll, improve job-costing, and help you estimate more accurately.
Budgeting for your marketing, sales, and project starts
Take some pain out of the yearly exercise of creating your jobs budget
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