Tips for Retaining Profit Margins in a Competitive Construction Industry

The most essential element of maintaining your profit margins is forward planning. Don Macgruder from ProSales: “Most executives lack focus on future margins because they are not prepared to face the harsh reality that they use losing strategies. It is easy to complain about a 19.8% margin on last month’s report; however, it takes effort to develop a winning pricing strategy. Good margins don’t just happen; they require a forward-looking strategic plan.” Here are some strategies that will ensure proper forward planning:

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Tips on Dealing with Extreme Cold

The extreme cold affecting large swathes of the US and Canada has many crews working in life-threatening conditions. Hyperthermia can affect you even when the temperature is above freezing, so it’s important to know the signs and ensure your crew is properly prepared for cold weather. Get the Right Gear Start by dressing right. Layering …

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Jobsite Stress and How to Deal with It

Sure, as the owner of a construction firm, you get to be your own boss, but construction is a very stressful occupation. As a small business owner, you have payroll, taxes and getting new clients to think about. With the construction labor shortage, it can be really difficult to keep your team together. Every building …

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Ways to Minimize Buckling in Wood Sheathing Panels

Buckling is mostly the result of moisture which causes wood sheathing panels to expand. While buckling does little to effect the structural integrity of the OSB panel, it can have a negative aesthetic effect which would result in expensive callbacks. Here are some ways in which you can mitigate the effects of buckling by accounting for normal moisture conditions and through moisture control.

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Duct Leakage Costs you Twice

Duct leaks are insidious and are one of the three biggest energy wasters in most homes. While leaks cost you through the loss of conditioned air, when these duct leaks cause negative indoor pressure, unconditioned air will be pulled in from outside and you will waste even more energy keeping your home comfortable.

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Reduce Hardware Runs and Save

Is everyone sitting around waiting because you ran out of nails? When employees leave the jobsite to pick up materials, you have a double loss with transport costs and time. Studies show that these costs can take up as much as 2-4% of the project’s profits for most small to medium construction companies. But with a better system and planning, you can vastly reduce lumberyard runs and improve your efficiency and your bottom line

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Raised Heel Trusses: Environmentally Friendly Money Savers

Discerning construction professionals are turning to raised-heel trusses thanks to the increased attic space they produce. This space is then utilized for larger amounts of cheaper insulation which reduces the cost of insulation and provides a more effective building envelope and a greener home. Raised-heel trusses offer many environmental and cost-saving benefits.

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