The ProfitDig Blog
Insights, strategies, and news for the modern contractor.
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 […]
Making Maximum Use of Your Crews
What Is Hard Bid Estimating?
The hard bid estimating process is a widely used method of estimating construction costs and time. The process involves listing the various items that go into the building, such as labor and materials, and calculating their total cost. A hard bid is a rough estimate of construction cost. In other words, it is a starting […]
Three Emerging Construction Technologies to Watch in 2022
How Much Does a Construction Foreman Make
A construction foreman ensures that everything runs well on a project site. They act as a bridge between the supervisors and the workers. A foreman’s primary responsibilities are scheduling projects, quality control, and monitoring the project’s progress. Becoming a construction foreman only requires a high school diploma. But most foremen have many years of experience […]
What Contractors Need to Know about AIA Contracts
Danger! Danger! These Things Can Kill Your Construction Business
Getting the Construction Job Done with Subcontractors
Excerpt from Digging for Profit: Secrets to Success in the Construction Industry, by Jeff Spencer and Jerry Work There are going to be times when you can’t self-perform every part of a project yourself. It’s very common to be looking at a project, especially something you really want to bid on, that is above […]
Construction Contract Negotiations – Read Every Word!
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