The ProfitDig Blog

Here are some of the major recent upgrades to the ProfitDig system that will save you time and make your job easier: Project Manager viewing restrictions. There was some concern from larger companies that Project Managers had too much visibility on employee hourly rates/salaries. The company owners do not want all Project Managers to know what […]

It doesn’t matter how good you are at performing the work for which you are hired – if you don’t manage the money coming in and going out, you will end up broke. If you own a construction company, you’ve probably got a lot of money going out, and hopefully some moneycoming in, but at […]

Phishing and vishing are just two different ways to go about the same concept. Phishing is when you get an email that looks legitimate, but that contains links that take you to a web page or initiate a file download that looks normal (such as a PDF) that actually downloads an executable file to your […]

Construction bid bonds are a topic that the new construction company owner may not know much about. I am going to give you a quick primer so you know what you are dealing with. When you get into construction jobs of a larger scale, whether you’re a prime contractor or a subcontractor, you’re going to […]

Dave Ramsey is best known for his work in personal finance, but some of his ideas can be applied to managing your company’s finances. Ramsey talks about using an envelope system for managing your money. I’m going to talk about how a system like that can work for a construction company just like it does […]

When first starting out, most small construction company owners will do their own estimating, in addition to the actual work on the jobsite. So the question then is when is the time right to hire a full-time estimator? In my opinion, you need to be in business for a while. Hiring an estimator is definitely […]

Let’s talk about handling your billing procedures and taking money for your projects – construction billing management. A lot of construction companies, especially newer ones, struggle maintaining enough capital to run on – money to operate on. Money often gets tight and you may want to overbill a project, but if you do that you’re […]