The ProfitDig Blog
Insights, strategies, and news for the modern contractor.
Why You Worked All Year and Still Didn’t Make the Money You Expected
If you’re looking at the end of the year wondering how you stayed busy but still didn’t make the money you thought you would, you’re not alone. This is one of the most common and frustrating realizations contractors have in December. The problem usually isn’t effort. Most contractors work their tails off. Long days. Weekends. […]
Estimating Equipment Costs: Do Not Forget These Hidden Numbers
Equipment is one of the biggest costs in construction. But many small contractors forget to count all the hidden numbers. When that happens, the job that looked profitable ends up losing money. The first hidden cost is fuel. Machines do not run for free. If you are running a dozer, an excavator, or even a […]
You Can’t Manage What You Don’t Track: The Contractor’s Guide to Job Costing
Imagine taking a cross-country road trip without ever checking your gas gauge. You might make it. But odds are, you will run out of fuel in the middle of nowhere. Running construction jobs without job costing is the same thing. You might get by, but sooner or later, you are going to run out of […]
Understanding the Bedrock of Construction Profitability: The Critical Role of Job Costing
Job costing is far more than an accounting exercise
Did You Make Any Money This Summer? Here’s How to Know for Sure
Summer is usually the busiest time of year for contractors. Crews are working long hours, the jobs keep rolling in, and the heat is brutal. But now that the dust is settling, here is the question that really matters: did you make any money? It is easy to assume that if your crew stayed busy […]
You Can’t Manage What You Don’t Track: Why Small Contractors Must Track Job Costs
Let’s say you just finished a job. You paid your guys. You bought the materials. And now you’re looking at your bank account wondering where the profit went. That’s what happens when you don’t track your job costs. What Is Job Costing? Job costing means keeping track of what you spend on each job – […]
Mid-Year Business Checkup: A Simple Guide for Small Contractors
It’s July. The year’s halfway over. You’ve been busy. Maybe real busy. That’s good. But now’s the time to stop for a minute and ask yourself a tough question: Is all that work turning into real money? For a lot of small contractors, summer is when you finally get ahead – or fall behind without […]
5 Reasons Contractor Bidding Software is Critical for Success
Leveraging Earthwork Costing Software for Improved Construction Project Efficiency
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