The ProfitDig Blog

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 […]

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 […]

Let’s talk about how to bid a construction job. You are going to want to provide a professional looking bid that clearly matches the requirements of the job. The bid will be divided into sections called \”headers\” and \”bid items.\” Headers are top-level items that consist of one or more bid items. To create a […]