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While Industry Profits are Down, How Can You Grow Your Profits?

While Industry Profits are Down, How Can You Grow Your Profits?

Construction profits are facing downward pressure due to economic factors such as high interest rates and inflation. Higher financing costs, material price volatility, and ongoing labor shortages are making it difficult for contractors to maintain profitability. For example, Moody's Analytics* projects a 4.2% decline in corporate profits for 2024 industry-wide. Projul provides a solution to help construction companies stay profitable, and even increase profit in challenging economic times. Projul helps contractors improve efficiency and capture all potential revenue, which can directly impact profitability. Here are 4 ways Projul can increase profits for contractors: How can you grow your...

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Construction Management

Free Estimate Templates

Itemized Estimates: Pros & Cons

Itemized Estimates: Pros & Cons

Have you ever had a customer insist, “I need an itemized estimate” or ask “Can I get a breakdown of these costs?” To Itemize or not to itemize... The contractor's opinions on writing itemized estimates vary, and there are pros and cons to an itemized approach to estimating. If you are asking the...

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Building Your Business

Itemized Estimates: Pros & Cons

Itemized Estimates: Pros & Cons

Have you ever had a customer insist, “I need an itemized estimate” or ask “Can I get a breakdown of these costs?” To Itemize or not to itemize... The contractor's opinions on writing itemized estimates vary, and there are pros and cons to an itemized approach to estimating. If you are asking the...

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Work in Progress – Understanding WIP

Work in Progress – Understanding WIP

For most construction companies, the name of the game in construction is profitability. Many construction companies sell millions every year, yet business owners often stay allow big-time profits to slip through the cracks. When used properly, a Work in Progress (WIP) report is a key part of job...

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Landscaping Software: How to Prepare for a Busy Spring

Landscaping Software: How to Prepare for a Busy Spring

Landscaping Software: How to Prepare for a Busy Spring As spring approaches, landscaping businesses face the annual rush of projects. This season, you can prepare for record profits with the right landscaping software. Projul stands out as a game-changer, and here's how it can transform your busy...

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Construction SEO: Tips for Increasing Website Traffic

Construction SEO: Tips for Increasing Website Traffic

Construction SEO: Tips for Increasing Website Traffic In the world of construction, having a strong online presence can be the difference between landing a big project or being left in the dust. That's where construction SEO (Search Engine Optimization) comes in. SEO is the foundation for making...

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