The goal in business is not to stay in business or keep your crews busy. The goal of business is to always make a profit. According to a Construction Financial Management Association study, companies ...

A variable mark-up system is the best solution to maximize a construction contractor's bottom-line because small jobs require just as much time and overhead as a bigger job Construction company owners ...

COMPETITION IS AS tough as it has ever been. Since the mid-1960s the domestic construction market has not grown by any measure. In constant dollars (inflation adjusted), we have the same size ...

Don't let profits pass you by. Although this may seem like obvious advice, many people establish a specific routine when it comes to selling and managing a particular type of project in the ...

While it may seem cliché to say, “The only constant is change,” that phrase often conjures groans of frustration from contractors in the building construction industry. While changes have become an ...

Costs in a business are traditionally divided into operating and administrative categories. Both are necessary for the company, but operating costs are closely tied to specific products and services ...

The Pennsylvania Superior Court has ruled that general contractor overhead and profit (GCOP) was not required to be factored into two homeowners' actual cash value settlements with their insurer for ...

Nonprofits that spend more on information technology, facilities, equipment, staff training, program development, and fundraising tend to be more successful than those that skimp on these “overhead ...

Forbes contributors publish independent expert analyses and insights. Melissa Houston covers financial issues that affect women in business. When it comes to starting a business, revenue gets all the ...