Break-Even Is Difficult To Calculate Because Most Construction Projects Are One-Of-A-Kind Custom Jobs

(Last updated: Sep 1, 2016)

The answer is to develop a Universal Standard Of Measurement (USM) for your Construction Company and stick with it. This is one of those concepts that sound simple and it is; however, it is not fast and easy.

An Alarming Number Of Construction Company Owners Are

Being Ripped-Off And Driven Into Bankruptcy!

That sounds harsh but it is true! Whenever we see a contractor is heading toward a problem, issue or disaster we immediately raise an alarm. We are judicious about doing it so when we say there is a potential problem our clients know we are serious.

Lately many of our contractor clients have told us how much they appreciate working with us because we really do understand them and the construction industry in which they work and play.

But It Can Be Made Into One For Contractors

With Annual Sales Volume Between

Start Up And $10,000,000

Today's Guest Article Is From Sarah Miller, Business Consultant And Writer

First aid training as well as equipment provision is indeed a legal requirement for your company regardless of how small or big it is. Different work activities will involve various hazards, and thus require different first aid provisions. The requirements for first aid at work will greatly depend on plenty of factors like the size of the workplace, the number and location of employees or laborers, access to certain medical services, the hazards present in the workplace, and many more. After assessing all of the above relevant factors, the number of occupational first aiders required will then be decided.

Three Simple Yet Powerful Action Steps You

Can Take To Amplify Success In Your

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There Are Many Methods To Calculate Breakeven In Construction

Breakeven For Contractors - Is very difficult to calculate because most projects are one-of-a-kind custom jobs. This means job costing and job profitability metrics must be used in conjunction with predetermined Universal Common Denominator(s) (UCD).

One of the most common complaints we hear from contractors is they feel like they are missing out if they are not using all that QuickBooks has to offer.

Cash flow is the lifeblood of any construction company and especially the ones with annual sales volume under $1,000,000. Some construction Company experts even say that a healthy cash flow is more important than your contracting company's ability to complete projects! While that might seem counterintuitive, consider this: if you fail to satisfy a customer and lose that customer, you can always work harder to please the next customer. If you do not have enough cash reserves to pay your suppliers, creditors, and make payroll, then your Construction Company is out of business, game over!

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