Every specialty trade faces seasonality in their business at one time or another. Learning how to deal with it effectively can be the difference between a successful business and an unsuccessful one. While the traditional… Read More »Managing seasonality: 6 strategies for growing your business year round
Attention to detail is the key to completing a project successfully. From beginning to end, contractors must be meticulous in their performance. However, as a project progresses, big-picture items will whittle down to the small… Read More »Construction punch list template: Free download to simplify project closeouts
Plumbers are, without question, the backbone of modern infrastructure—the average American uses 400 gallons of water per day. As a vital part of society, competition in the plumbing trade is fierce. Of the 115,000 plumbing companies… Read More »The key to plumbing accounting success: job costing vs. process costing
While the submittal process is a familiar one for contractors, familiarity doesn’t make it any easier to manage potentially thousands of items; it can quickly become a time-consuming procedure that no contractor looks forward to.… Read More »Submittal package: Best practices & steps to get started
A finished project, no matter how big or small, stands testament to the hard work, dedication, and grit that contractors put into their craft. But when the final punch list items are taken care of,… Read More »Certificate of final completion for construction: Free template
Successful projects require transparency. Project owners, however, have a lot to think about. Most of the time, they can’t share every detail or answer every question before a project gets started, making the construction process… Read More »Free RFI template for construction businesses
When a certificate of substantial completion is issued and signed, it marks the point when the building, property, or final product can be used as intended, but minor work still remains. It serves as an… Read More »Certificate of substantial completion for construction
Time tracking is essential to any construction job. Especially when considering that most contractors will generate a significant portion of their income through billing labor hours. Unfortunately, it’s been estimated that small business employers overpay 200… Read More »How to change a timesheet in QuickBooks when job costing
Time and materials contracts are flexible, open-ended agreements that bill clients based on the number of labor hours and materials used to complete a project. Labor is typically charged hourly, and clients are responsible for… Read More »Time and Materials contract: How they work & when to use one
Although progress billing is commonplace in the construction industry, many aspects of how it functions can be difficult to understand. However, through better contract comprehension, contractors can make better decisions and get paid faster. This… Read More »Progress billing in construction