Construction Company Bookkeeping For Contractors All Across The USA Including Alaska And Hawaii

Overcoming Challenges In Construction Project Estimates And Submissions

Posted by Sharie DeHart on Fri, Mar 21, 2025

In the bidding process, contractors prepare detailed proposals that outline their approach, costs, and timelines for a project. This involves thoroughly understanding the project specifications, assessing the site conditions, and determining the resources needed. Competitive bidding requires a balance between offering a competitive price and ensuring the proposal reflects the quality and reliability of the work.

Negotiation plays a key role after bids are submitted. You must communicate effectively with clients and address any questions or concerns. Flexibility can be crucial during talks; you may need to adjust your terms or pricing to meet client budgets without compromising quality.

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Topics: Project Bidding Sites, Systems And Processes, Estimating Tips And Tricks, Construction Systems And Processes, Construction Business Negotiations, Negotiating Contracts, Bidding in Construction

What Every Contractor Needs To Remember When Negotiating Contracts

Posted by Sharie DeHart on Fri, Jul 01, 2022

Several aspects of the construction business can only be learned through experience. One of them is negotiating contracts.

Most people fear the negotiation procedure because it is an intrinsically uncomfortable process. Asking for more money or making personal demands doesn't come naturally to everyone. But with the right toolkit, you can breeze through contract negotiations. And you'd better get used to it because you'll have to handle many contracts whether you're a construction company owner or employee.

Having the right mindset is critical to contract negotiations. You have to believe that you are going to get your way. Bring a positive attitude and a smile to the table. You're not signing contracts with the enemy. The people you're negotiating with will be your business partners in one capacity or another.

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Topics: Construction Bookkeeping And Accounting, Contractor Tips, Contractor Guidance, Construction Business Negotiations, Negotiating Contracts

Improving Your Business Negotiation Skills As A Contractor

Posted by Sharie DeHart on Fri, Feb 18, 2022

Several aspects of the construction business can only be learned through experience. One of them is negotiating contracts.

Owning your business requires many skills, and among the most important might be the ability to manage negotiations. As a business owner, you could find yourself negotiating in many circumstances, such as: