Executive Summary If you have a discrete thing that you want to know about or report about now, use QR codes. Don’t be wary of the technology or think it’s a hassle to use. It’s simple and powerful technology. You can use it today. You need it. One email or phone call...
Why is the Accounting Department Telling Me How to Estimate?
Executive Summary: Estimators know the construction work while the accountants know the financials. These two parties must work in harmony to benefit the company and their own livelihoods. This article recognizes the needs of both parties. The dilemma and end...
A Contractor’s Cash Flow: Acknowledgement and Improvement
Executive Summary: Managing cash flow is imperative and it never hurts to see these challenges on paper. This article reminds you as the owner, the chief financial officer, or as a member of the project management team of the challenge of staying cash positive. Cash...
Profit Fade – Avoiding It
Executive Summary: Reduce profit fade at the end of your projects by adjusting building habits and getting the right people in place to finish your jobs strong. Several suggestions from years of experience are provided here. What is profit fade? So often a good job...
Calculation of Workers’ Compensation (WC), General Liability (GL) & Bond in your Estimates
Executive Summary: Many estimators do not understand how workers’ compensation, general liability, and bond costs are calculated. This article discusses these calculations and how to properly include them in your bid. Workers’ Compensation (WC): Most contractors...
SJCC Toolbox Terms & Glossary
Listen to our podcast for new terms and check out our glossary below. Click on a term to find articles that reference that term. Glossary of Terms A Aggregate – Coarse material such as sand, gravel, or other crushed rock. Often used as a substrate or base...