Here’s a question we ask trade contractors all the time – “What’s your average profit margin on a job?” If you can’t answer that question, making the jump to that next annual revenue milestone is… Read More »You’re doing job costing wrong. Here’s why.
Over the last decade, we’ve worked with tens of thousands of subcontractors to process billions of dollars in invoices. It’s fair to say we know a few things about construction invoicing. When we talk to… Read More »Construction invoicing mistakes: 3 lessons learned from billions in invoices
Creating effective proposals is essential for any trade contracting business aiming to secure projects and build long-term client relationships. A well-crafted proposal not only sets clear expectations but also demonstrates professionalism and competence. This article… Read More »Improving the proposal creation process as a trade contractor
For small to medium-sized (SMB) trade contractors and remodelers, efficient project management and accurate accounting are critical to running a successful business. Managing these two facets often requires specialized tools that cater to the unique… Read More »Optimizing construction project management and accounting with Knowify and QuickBooks Online
Both Knowify and Buildertrend are construction project management systems that offer a variety of tools to improve project workflows. But which is best for your specific business needs? To help you find the right software this… Read More »Knowify vs. Buildertrend
Do you feel like you’re trying to outwork a dysfunctional business? Drowned by demoralizing waves of customer emails, buried under an avalanche of dumb calls, and piddly profits. Better Standard Operating Procedures might be the… Read More »Transform your contracting business (and your life) using SOPs
Success in the electrical trades requires a combination of intelligence and hard work, but this alone isn’t enough to thrive in a competitive market. To truly strengthen your business and maximize profits, it’s crucial to… Read More »Electrical contractor software buyer’s guide: Find the perfect tool for your business
While the sun was shining, business was booming. The calls never stopped, and jobs were plenty. But now that cold weather is sweeping in, most people are preparing to hunker down for the winter, and… Read More »Expert advice: How to survive and thrive during your slow season
At the end of the year, most business owners will take a moment to reflect on how the year went and how they want the new year to improve. But when thinking about this, it’s… Read More »5 areas to focus on for a more profitable business in 2024
The construction bidding process kicks off the negotiations between contractors and the project owner. Essentially, a bid is an offer from a contractor to take on either the entire project or specific work within it,… Read More »How to bid painting jobs: Improve your bid-hit rate