The Buildertrend Blog
Tag: Financial Management
Profitability strategies for 2024
We’re getting back to basics with actionable strategies for profitability – and tips directly from top builders on the importance of financial management.
How ignoring monthly margins affects long-term business success
We’re diving deep into how ignoring monthly margins affects profitability. Plus, we’re sharing tips for effective cost management and boosting profit margins.
Introducing Buildertrend Wallet
Buildertrend Wallet is an integrated cashback rewards card and online checking account built just for construction pros.
Overcoming construction inflation: How to beat rising construction costs
Construction inflation has increasingly become a pain point for many businesses. Discover how to outsmart rising costs and set your business up for success.
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.
The ultimate guide to using construction lien waivers
Construction lien waivers are legal documents protecting property owners or contractors from potential claims by subcontractors 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.