Executive Summary: Determining how to account for the portion of corporate overhead to be included in a bid is a calculation that every company makes a bit differently. Learn the definition of corporate overhead and how it is included in a bid. What is corporate...
Executive Summary: There are many factors in determining who should provide your firm professional services. Read on to find that it’s more than just their technical ability. General: As a contractor, you need the following professional services on a regular basis:...
Executive Summary: Knowing the basics of accounting is essential in business. Knowing the balance sheet will help you assess your own financial health as well as that of your clients or subcontractors. Here are some basics on the balance sheet and, specifically, the...
Executive Summary It’s great that your estimators just landed a new project, but your competitive advantage can be lost without a synchronized handoff to the field team. Make sure to have a formal meeting between the estimating and project management teams before the...
Executive Summary: Contracting can be the most fantastic of businesses, but also one of the toughest. Read about some of the things that make it the best and the worst of businesses. What makes contracting unique? I think that everyone thinks their business is...
Executive Summary: Sustaining a business, and more so growing a business, relies heavily on consistency in business practices. Start today with improving your company’s practices so that profitability can be maintained and even improved. Better yet, let your...