The ProfitDig Blog
Insights, strategies, and news for the modern contractor.
Don’t Let Your Profits Disappear with the Summer Heat
Summer can be a wild ride for contractors. Crews are stretched thin, days are long, and jobs pile up faster than you can keep track of them. By the time fall rolls around, you might be too exhausted to think about anything other than catching your breath. But before you put summer in the rearview […]
Why Fall is the Best Time to Get Your Bidding Game in Shape
When the long days of summer start to fade and the leaves begin to change, most contractors finally get a chance to catch their breath. The summer rush is often the busiest stretch of the year, with crews running wide open and bids flying out the door. But when fall arrives, things usually slow down […]
3 Ways to Screw Up Your Bids Without Even Trying
Bidding jobs is one of the most important parts of running a construction business. You can be the best builder in the world, but if your bids are wrong, you are going to lose money before you even set foot on the job site. The tricky part is that many contractors screw up bids without […]
Why You’re Always Chasing Crews — and How to Fix It
If you have been in construction for any length of time, you know the feeling of chasing crews. You show up at the job site and half your guys are missing. One is working on another project. Another called in sick. Before long you are standing there wondering how you are supposed to hit the […]
Summer’s Over, But the Bills Aren’t: How Contractors Can Manage Cash Flow Into Fall
Summer is the big season for most contractors. The days are long, the weather is better, and the work is steady. But when fall comes around, the phone can slow down. Jobs are still out there, but the rush is over. Meanwhile, the bills never stop. Payroll, equipment payments, insurance, and truck notes keep rolling […]
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 […]
How to Find the Right Subcontractors Without Getting Burned
Hiring subcontractors can make or break your job. Pick the wrong one, and you might not just lose money – you could damage your relationship with the GC or owner and slam the door shut on future work. In this edition of ProfitDig Live, Chris Work, Jeff Spencer, and Jerry Work talk through how to […]
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 – […]
Why You’re Always Chasing Crews and How to Fix It
Let’s be real. Getting a crew to show up when and where they’re supposed to is harder than pouring concrete in a rainstorm. If you’re always chasing guys down, trying to figure out who’s on the job and when, you’re not alone. Here’s why it happens – and what you can do about it. 1. […]
Hot Weather, Cold Profits: How Extreme Heat Can Burn Your Bottom Line
When the thermometer hits triple digits, everyone talks about safety. And they should. But let’s talk about something else that gets roasted in that kind of heat: your profits. You may not see it right away, but extreme temperatures chip away at your bottom line every day. Fewer hours worked. More delays. Crew members out […]
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