Profit First for Contractors

Profit First for Contractors
Author: Shawn Van Dyke
Publisher:
Total Pages: 218
Release: 2018-12-03
Genre:
ISBN: 9781790264506

Construction industry business coach, speaker, and author, Shawn Van Dyke, has taken the core concepts of Mike Michalowicz's Profit First and customized them to address the specific needs of the construction industry. Profit First for Contractors addresses the major struggles contractors face and provides clear and actionable guidance on how to overcome them. Shawn shows contractors how to go from simply getting by to becoming permanently profitable. This book is for every construction business owner who dreams of prosperity. Using Van Dyke's Profit First for Contractors system, readers will learn how to break out of the "craftsman cycle" - the seemingly never-ending loop of urgent tasks and responsibilities that keep contractors from gaining traction toward their important goals. He guides construction business owners how to understand their financial statements and how to use them to determine the markup and margin that lead to profits. You will also learn hot to develop solid rules of thumb for the operation of your construction businesses, and how to implement an effective cash management plan that simplifies accounting and leverages normal human behavior. Using real-life stories from actual construction business owners, step-by-step advice, and his conversational twang, Van Dyke puts permanent profitability within reach of every construction business owner.

Winning the Contractor Fight

Winning the Contractor Fight
Author: Tom Reber
Publisher: Contractor Fight
Total Pages: 152
Release: 2021-09-14
Genre: Business & Economics
ISBN: 9781737919100

"The Contractor Fight" is what HGTV host and best-selling author Tom Reber calls the battle between your ears. We all have stories and experiences that have formed us into who we are. We are what we think, and the battleground is our mind. The Fight is not with the people you think are "cheap customers." It's not with the unlicensed competitors or the "illegals," as many contractors think. The Fight is with yourself. Sadly, most of the struggles contractors have are self-imposed. It's friendly fire. The negative ways we think about ourselves and our worth... friendly fire. The growing debt, working too much, small bank account... friendly fire. Winning the Fight is a choice. You're noble and full of integrity. You bend over backward to serve your family and clients. You have taken it on the chin more times than you can count. Now, it's time to get yours. Earn what you're worth. Create a business that serves you and energizes you, instead of one that beats you down. Choose to own your crap and get better today.

Markup & Profit

Markup & Profit
Author: Michael Stone
Publisher: Craftsman Book Co
Total Pages: 316
Release: 1999-01-01
Genre: Technology & Engineering
ISBN: 9781572180710

In order to succeed in a construction business you have to be able to mark up the price of your jobs to cover overhead expenses and make a decent profit. The problem is how much to mark it up. You don't want to lose jobs because you charge too much, and you don't want to work for free because you've charged too little. If you know how much to mark up you can apply it to your job costs and arrive at the right sales price for your work. This book gives you the background and the calculations necessary to easily figure the markup that is right for your business. Includes a CD-ROM with forms and checklists for your use.

A Simple Guide to Turning a Profit as a Contractor

A Simple Guide to Turning a Profit as a Contractor
Author: Melanie Hodgdon
Publisher: Dog Ear Publishing
Total Pages: 216
Release: 2009-10
Genre: Business & Economics
ISBN: 9781608442546

This is the book you should have bought the day you decided you could make more money running a construction company than banging nails for somebody else. It provides you with the answers to those business questions that plague contractors: what am I doing wrong and what's stopping me from making the money that I deserve? You'll meet Mike, a remodeler who thought he owned a business but actually had a low-paying job. Many contractors start out like Mike. This book, in a very simple and easy to understand way, follows Mike as he learns to understand his numbers, adopts new systems, and creates a repeatable process for profit. "Every contractor should read this book. It is the first and only book that makes the numbers game easy to understand, but, more importantly, easy to incorporate into a contractor's business. Bravo!" - Shawn McCadden, CR, CLC, CAPS, award-winning remodeler, columnist, and nationally recognized remodeling industry specialist. "The authors have distilled many of the mysteries of the small-business person who can no longer manage the business by quick thinking and fast actions." - Mike Gorman, CR, construction industry author and speaker. "Contractors love a good story, and that's what they get. All of the basics are covered, including cash flow analysis, distinguishing job costs from overhead expenses, and calculating mark-up." - Sal Alfano, Editorial Director, Hanley Wood Business Media. Melanie Hodgdon (Business Systems Management, Inc.) and Leslie Shiner, MBA (The ShinerGroup) both manage successful consulting and coaching companies. With over 40 years combined experience, they help contractors better understand and improve business practices and maximize profits. In 2007, they began to work on a series of joint projects that would capitalize on their combined talents. This book is one product of that collaboration.

Profit First

Profit First
Author: Mike Michalowicz
Publisher: Penguin
Total Pages: 225
Release: 2017-02-21
Genre: Business & Economics
ISBN: 073521414X

Author of cult classics The Pumpkin Plan and The Toilet Paper Entrepreneur offers a simple, counterintuitive cash management solution that will help small businesses break out of the doom spiral and achieve instant profitability. Conventional accounting uses the logical (albeit, flawed) formula: Sales - Expenses = Profit. The problem is, businesses are run by humans, and humans aren't always logical. Serial entrepreneur Mike Michalowicz has developed a behavioral approach to accounting to flip the formula: Sales - Profit = Expenses. Just as the most effective weight loss strategy is to limit portions by using smaller plates, Michalowicz shows that by taking profit first and apportioning only what remains for expenses, entrepreneurs will transform their businesses from cash-eating monsters to profitable cash cows. Using Michalowicz's Profit First system, readers will learn that: · Following 4 simple principles can simplify accounting and make it easier to manage a profitable business by looking at bank account balances. · A small, profitable business can be worth much more than a large business surviving on its top line. · Businesses that attain early and sustained profitability have a better shot at achieving long-term growth. With dozens of case studies, practical, step-by-step advice, and his signature sense of humor, Michalowicz has the game-changing roadmap for any entrepreneur to make money they always dreamed of.

Make Money with Fixer-Uppers and Renovations

Make Money with Fixer-Uppers and Renovations
Author: Gary W. Eldred
Publisher: John Wiley & Sons
Total Pages: 290
Release: 2003-07-22
Genre: Business & Economics
ISBN: 9780471433422

New safe way to grow wealthIn a volatile stock market, investors need new and safer ways to grow their wealth. Make Money with FixerUppers and Renovations shows investors, including beginners, how to buy at bargain prices and use market analysis techniques and creative improvements to add thousands of dollars to the value of their properties. This stepbystep guide covers all the fundamentals, including how to "fix and flip" properties, evaluate competitive properties, locate great properties at great prices, enhance space, raise cash, and learn about lease options.Gary W. Eldred, PhD (Gainesville, FL) is a realtor who has served on the graduate business faculty at Stanford University and the University of Illinois. He is also the coauthor of Investing in Real Estate, Fourth Edition (047132339X) and author of Yes! You Can Own the Home You Want (0471099783) and The 106 Common Mistakes Homebuyers Make (and How to Avoid Them) (0471126586), all published by Wiley.

501 Contractor Tips

501 Contractor Tips
Author: Greg Vanden Berge
Publisher: Greg Vanden Berge
Total Pages: 127
Release: 2011-04-27
Genre: Business & Economics
ISBN:

This book is full of my personal successes and failures as a contractor and construction worker. It hasn't always been easy and for the most part, I made it harder than it needed to be, but you don't need to. Why should you repeat the same mistakes I made years ago? I would've paid five hundred dollars or more for the information inside this book when I started. Heck, I probably would've paid $1000 for the information inside this book, ten or fifteen years into my career. When I first started, I had problems dealing with my clients and other construction workers. After that, I had problems getting paid on time or getting paid period. Then I had to deal with the ultimate problem, either too much or not enough work. The challenges were often over whelming and I can't tell you how many times... I wanted to quit. I had to make a change and those changes led me to learn more about construction, business and psychology. The more I learned, the easier my job became and this motivated me to start learning about other things, which eventually made my job even easier. If you don't believe, you need to "Read to Succeed," you're going to remain stuck where you are...Forever! I was your average student in school who started a construction business at 25 years old, with less than $1000 in the bank. Can You Believe That! It wasn't easy and I would have given practically anything to have the opportunity you have in front of you today. To benifit from the years of my experiecnce ... and for under fifty bucks... Come on this one is a no brainer. Education is the key to success my friend, so let's get started on your journey towards a better life as a successful contractor money making machine and personal development junkie! Wishing You The Best, Greg Vanden Berge

Building Construction Illustrated

Building Construction Illustrated
Author: Francis D. K. Ching
Publisher: John Wiley & Sons
Total Pages: 815
Release: 2011-03-10
Genre: Architecture
ISBN: 1118044908

The classic visual guide to the basics of building construction, now with the most current information For nearly three decades, Building Construction Illustrated has offered an outstanding introduction to the principles of building construction. This new edition of the revered classic remains as relevant as ever-providing the latest information in Francis D.K. Ching's signature style. Its rich and comprehensive approach clearly presents all of the basic concepts underlying building construction and equips readers with useful guidelines for approaching virtually any new materials or techniques they may encounter. Laying out the material and structural choices available, it provides a full under-standing of how these choices affect a building's form and dimensions. Complete with more than 1,000 illustrations, the book moves through each of the key stages of the design process, from site selection to building components, mechanical systems, and finishes. Illustrated throughout with clear and accurate drawings that present the state of the art in construction processes and materials Updated and revised to include the latest knowledge on sustainability, incorporation of building systems, and use of new materials Archetypal drawings offer clear inspiration for designers and drafters Reflects the most current building codes and CSI Master Format numbering scheme With its comprehensive and lucid presentation of everything from foundations and floor systems to finish work, Building Construction Illustrated, Fourth Edition equips students and professionals in all areas of architecture and construction with useful guidelines for approaching virtually any new materials or techniques they may encounter in building planning, design, and construction.