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The ProfitDig Construction Blog
Welcome to the ProfitDig construction industry blog! We work hard to provide you with high-quality content to improve your construction business and increase your profits. From career advice to job bidding to management, we talk about it all. Is there something you need help with? Let us know!
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Contractor Lien Waivers: A Guide for the Construction Industry
In the fast-paced and intricate world of construction, managing financial risks is as crucial as laying a solid foundation for a building. One tool that plays a vital role in this risk management is the contractor lien waiver. These documents hold significant power in...
Understanding Cost Plus Construction Contracts
The construction industry, known for its dynamic and often complex project landscapes, encounters various contract models tailored to the unique needs of each project. Among these, Cost Plus Construction Contracts stand out for their distinctive approach to project...
Mastering Construction Cost Management: Boosting Profitability, One Line Item at a Time
In the dynamic world of construction contracting, staying on top of your game requires more than just skillful craftsmanship and a keen eye for detail. One of the key ingredients for success in the industry is effective construction cost management. By tracking your...
How to Open a Construction Company
Starting your own construction company can be a fulfilling and lucrative venture, especially if you're an experienced construction worker with the entrepreneurial spirit. This comprehensive guide will explore the key steps on how to open a construction company,...
Construction Bids: The Differences Between an Invitation to Bid vs Request for Proposal
In the construction industry, two common procurement methods for securing services and goods are the "Invitation to Bid" (ITB) and the "Request for Proposal" (RFP). While both are used to solicit offers from potential contractors or suppliers, they serve distinct...
A Day in the Life of a Construction Worker
Sunrise paints the sky in a palette of oranges and purples, heralding the beginning of a new day. But for a construction worker, the day has already begun with the familiar buzz of alarms breaking the quiet dawn. Whether you’re a laborer with calloused hands or an...
The Significance of Line-Item Analysis in Construction Job Costing
In the complex world of construction, successful project completion is as much about mastering the logistical elements as it is about controlling financial variables. One of the most significant financial aspects a contractor must pay attention to is construction job...
Construction Takeoff: Understanding What It Is
In the realm of construction, precision is of the essence. Whether constructing a skyscraper or refurbishing a kitchen, the details determine the success of a project. One pivotal detail during the planning phase is the "construction takeoff." For those in the...
Different Types of Excavators: Understanding Your Options in Construction
In the ever-evolving landscape of the construction industry, heavy machinery plays a pivotal role in determining the success of a project. One such vital piece of equipment is the excavator. With their ability to dig, lift, and transport heavy objects, excavators are...