The Buildertrend Blog
Tag: Financial Management
8 tips for improving construction efficiency
Efficiency is the one thing impacting your ability to deliver high quality construction projects. Learn how to improve it!
6 ways to improve your purchase order process
Construction purchase orders are a crucial component of project management. Learn more about what purchase orders are and how you can use them here.
Open book pricing vs. fixed pricing
Learn all about open book pricing and how it differs from fixed cost pricing to find the most effective approach to build trust with your clients.
Lien waiver 101: Protecting your payments in construction
A lien waivers is a legal document protecting property owners or builders from potential claims by subs or suppliers. Learn more here.
The importance of SOV in construction
A schedule of values establishes payment structures and outlines the total contract values. Learn more about construction SOVs and creating them here.
How to improve your construction accounts payable processes
Accounts payable is a crucial process in the construction industry. Discover how construction companies can better manage their accounts payable process here.
Everything you need to know about general contractor markups
Several factors influence markup percentages, negotiations, and when to adjust markups. Discover the ins and outs of general contractor percentage markup here.
How to do a SWOT analysis to grow your construction company
Knowing how to do a SWOT analysis gives builders a clear, structured way to evaluate what’s really driving profitability in their business.