The ProfitDig Blog
Insights, strategies, and news for the modern contractor.
The Importance of Daily Notes on the Jobsite
The Importance of Daily Notes on the Jobsite Keeping accurate and detailed notes on the jobsite is not just a good practice; it can save your neck when disputes arise. In this post, we’ll look at why daily notes matter, what to include, and how to get the necessary sign-offs from the right people. Why […]
Understanding Your Budget: Bidding Basics for Contractors
Understanding Your Budget: Bidding Basics for Contractors When it comes to bidding on a new project, knowing your budget is non-negotiable. You might think of your quote or proposal as just a number, but it’s much more. It’s your working budget. This figure includes not just your raw costs but also your overhead and profit […]
Understanding Equipment Costs in Your Bids
Understanding Equipment Costs in Your Bids When you’re deep into the trenches of a construction job, it’s easy to overlook the costs that come with owning and operating your equipment. But let me tell you, if you’re not factoring those in, you might be digging your own financial grave. Let’s walk through what you need […]
Understanding Bonds in Your Construction Bids
Understanding Bonds in Your Construction Bids When you’re putting together your bids, it’s easy to overlook the details that can make or break your proposal. One of those details is understanding bonds. Bonds can seem complicated, but getting a handle on them is important. Let’s break it down so you can bid with confidence. What […]
Stop Guessing: How to Nail Your Job Bids Every Time
Tired of losing money on bids because of missed costs? This post reveals practical strategies to improve your bidding accuracy and protect your profits.
Why Line Item Tracking is the Secret Weapon for Your Construction Business
In the construction world, knowing you made money at the end of a project is great. But knowing exactly where you made it (and where you lost it) is the difference between a business that survives and one that scales. Most contractors track “big picture” costs, but the real magic happens when you dive into […]
The True Cost of Underbidding a Job (And How to Avoid It)
You won the bid. Congratulations — except, by the time the job wraps up, you’ve barely broken even. Sound familiar? For many small contractors, underbidding isn’t just a one-time mistake. It’s a pattern that quietly drains the life out of a business. Let’s talk about what underbidding actually costs you and what you can do […]
Still Busy, Still Broke: How Contractors Lose Money Even with a Full Schedule
How Can You Be This Busy and Still Struggling? A lot of contractors are slammed right now. Crews are working.Trucks are rolling.The calendar is packed. And yet… the bank account doesn’t feel any better. That’s one of the most frustrating situations in construction – being busy and still broke. Busy Doesn’t Mean Profitable Here’s the […]
It’s January. If You Don’t Know Your Numbers Yet, You’re Already Behind
January is a funny month in construction. The phones are quieter. The job sites slow down. And for a few short weeks, contractors actually have time to think. That makes January dangerous. Because this is the month when a lot of guys say, “I’ll dig into the numbers later,” and then later never comes. By […]
Get construction tips delivered to your inbox.
Join 5,000+ contractors getting our weekly digest on bidding strategies and industry trends.