Every construction owner knows this feeling. Your bank account looks full on Friday. But by Monda...Every construction owner knows this feeling. Your bank account looks full on Friday. But by Monda...
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Every construction owner knows this feeling. Your bank account looks full on Friday. But by Monday, after payroll and supplier bills, you are looking for missing money. You didn’t lose it in one big mistake. You lost it in ten small ones. A site foreman orders extra materials just in case. They sit in the rain. A plumber guesses labor hours on a change order instead of writing them down. A sub contractor bills you for phase two before phase one is even done. You think you need to sell more jobs. So what do you do? You work 70 hours a week to make up for it. Not out of strategy. Out of panic. You do not have a sales problem. You have a visibility problem. One unbilled change order is $1,500 gone. One week of late job costing is a $10,000 cash leak you don't see until it hurts. A Profit & Loss statement at the end of the month is just a rear view mirror. It tells you how hard you hit the wall after the crash happened. Real time Job Costing isn't for the tax man. It’s the steering wheel for your company. And here’s what nobody says out loud: your bank balance does not tell you if a job made money. Your WIP schedule does. Knowing your true profit while the crew is still on site is the difference between running a real business and running an expensive charity.
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Creatives on Contra have earned over $150M and we are just getting started