In construction, understanding and improving your profitability is crucial. One key way to gauge your financial health is by examining your gross profit margin, which reflects how efficiently your core operations are performing. Here are four practical strategies to help you increase your gross profit margin and set your construction business up for success. Work […]
Tag Archives: construction
Your team can be spread out over multiple job sites when working in construction and trades. It’s common practice to give employees access to business credit cards for purchasing materials or paying one-off expenses. It may seem convenient – until it’s time to process those expenses in your accounting. Capturing receipts and managing multiple cardholders […]
You are running multiple jobs simultaneously in your construction business. You want to: Organize and track costs by project Bill reimbursements to your customers with ease Ensure you are charging enough for your services But project management software seems complicated to learn and expensive to purchase. Did you know that you can track projects in […]