Feb 14, 2023 | Blog, Job Bidding, Management
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...
Jan 24, 2023 | Blog, Career, Management
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...
Jan 11, 2023 | Blog, Management, ProfitDig Updates
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...
Aug 2, 2022 | Blog, Management, ProfitDig Updates
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...
Jul 27, 2022 | Blog, Finances, Job Bidding, Management
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...
Jul 19, 2022 | Blog, Management
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...
