Executive Summary: BI stands for business intelligence. It is the process by which information from all of your company’s different computer systems (estimating, job costing, accounting, operations, et cetera) is displayed on one screen. You may not needit, but you...
Freight Terms Over Land
Executive Summary. There are several trucking freight terms that a buyer should know. They’re important to know when contracting the transportation of your goods as well as when it’s time to pay the bill. Truck delivery acronyms. If you’ve ever seen a quote from a...
Avoid Claims with a Pre-Bid Analysis
In a best case scenario, a construction claim will make the contractor financially whole again on the matter. In a worst case scenario, the contractor goes out of business. Most claims conclude somewhere in between with all parties unhappy. There are some...
Top 5 Excel Tips for Contractors
Executive Summary: Microsoft Excel is probably the most common tool in the construction industry. Most people use it daily. Here are five simple, everyday things to make you better with Microsoft Excel. Right to the tips! To some this list will be elementary, to some...
Cost Codes: What, Why & How
Executive Summary: Many construction companies run their operations with too little specificity; costs ought to be reviewed on an activity-by-activity basis. Learn what, why and how to set up a good cost code structure. The bid and execution. Let’s use an example,...
The Construction Daily Report: Why & What
Executive Summary: The importance of the daily report cannot be overstated. Knowing why to write them and what to put in the report is critical for defense of yourself, and offense against another party. Why should I do daily reports? I think most people know what...