Connecting with Design Professionals

Connecting with Design Professionals

Connecting with Design Professionals Builders often are able to develop relationships with design professionals that bring them one job after another over the course of many years. These jobs can be financially rewarding. It is true that there is a built-in tension...
Firing Employees

Firing Employees

Firing Employees Letting go of someone can be a painful task, even when the person is a new employee still in his trial period, and the process is relatively simple. You have a brief, evaluative conference with the employee and ask for change. If you do not get it,...
Gross Profit in Construction

Gross Profit in Construction

Gross Profit in Construction Gross profit is calculated by subtracting your job costs from your revenue or sales price. It is what you use to pay your overhead expenses and your profit. It is a dollar amount, and gross margin is simply gross profit, expressed as a...
Fraud and Embezzlement

Fraud and Embezzlement

Fraud and Embezzlement Many contractors have problems with fraud and embezzlement. This includes employees stealing materials off jobs, job supervisors inflating material orders on jobs and taking the excess home, job supers approving an inflated invoice and splitting...