The ProfitDig Blog
Insights, strategies, and news for the modern contractor.
Understanding OSHA Excavation Standards: Safety Guidelines for Digging and Trenching
Excavation work involves digging, trenching, or earthmoving activities that can be hazardous if proper safety measures are not in place. The Occupational Safety and Health Administration (OSHA) has established excavation standards to protect workers from accidents and injuries on the job. These standards provide guidelines and regulations to ensure safe work practices on excavation sites. […]
7 Tips for Effective Construction Crew Management
Managing a construction crew can be a challenging task that requires a lot of organization, communication, and leadership. In this article, we will provide you with seven tips for effective construction crew management that can help you improve your crew’s productivity, safety, and satisfaction. By following these tips, you will be able to streamline your […]
Construction Bid Versus Estimate – What Is the Difference?
While both a bid and an estimate involve predicting the cost of a construction project, they are not the same thing. An estimate is an approximation of the total cost of a project based on available information, whereas a bid is a formal offer to perform the project at a specific cost. A bid typically […]
How to Become a Construction Foreman
Foremen are typically responsible for overseeing and coordinating the work of a construction crew, which may include carpenters, electricians, plumbers, and other skilled tradespeople. They may also be responsible for creating and managing project schedules, ordering materials, and ensuring that safety protocols are being followed. In order to be successful in this role, a foreman […]
10 Tips to Improve Your Bidding Process
Your bidding process can make or break the job…or even your bottom line. Here’s a few tips to help you when you’re ready to put \”pen to paper\” (or better yet, when you are ready to submit your bid through ProfitDig construction bidding software). Clearly define the scope of work: Make sure you have […]
Smaller or Larger Job? Size of Projects That You Should Pursue
There are all different sizes of projects you can pursue, ranging from projects you can work on yourself right away – smaller jobs in town, for example – to big jobs on bigger sites. As a smaller company just starting out, you always want to strive to grow and get larger, for the most part. […]
Investing Your Profits Into Escrow Accounts: Strategies for Managing Your Construction Company’s Cashflow More Successfully
An escrow account is essentially a savings account that’s managed by your mortgage servicer. How can this be helpful in managing the cashflow in construction? If you are thinking of becoming self-sufficient in the construction industry, investing your profits into an escrow account is one thing that you might want to consider. YOU NEED TO […]
How To Be Successful In Your Own Construction Business?
Construction is a tough business. It can make you rich. And it can drive you into the ground. You can be successful in your own construction business, if you do things the right way. 1. You need to be really good at whatever it is you do. Forget about starting your own business until you […]
Construction Tips on Managing your Finances
If you own a construction company, you’ve probably got a lot of money going out, and hopefully some money coming in. if you don’t keep track of all that, you don’t really know if you made any money or not. So how can you manage that? Dave Ramsey is big in the world of personal […]
When Is a Construction Project Really Over? The Process of Finalizing a Job.
Let’s talk about what kind of tasks or checklist items are involved in closing out a project. How do you tie up all the loose ends and get ready to completely disconnect from a project? It Starts With The Punch List Items Jeff Spencer, a highly experienced construction Project Manager, explains the process of finalizing […]
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