Download or read book Get Your Construction Business to Always Make a Profit written by George Hedley and published by Createspace Independent Publishing Platform. This book was released on 2016-09-21 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: You can get your construction business to move to the next level, get organized and systemized, build an accountable responsible team, charge the right mark-up, always make a profit, and work exactly the way you want by drafting your BIZ-Builder Blueprint Action Plan. George Hedley is one of the country's leading construction business building experts, top speakers, and professional business coaches. He has helped thousands of contractors grow, make more money, install systems, and build profitable companies. His step-by-step practical blueprint system helps general and specialty contractors who are stuck and want to improve profit margins, take charge, and grow. This book presents proven steps to: 1. Become a "Best In Class" contractor. 2. Develop a five year BIZ-Vision & BIZ-Plan. 3. Write your short and long term goals. 4. Develop an accountable management team. 5. Delegate and build responsible team players. 6. Replace yourself with written BIZ-Systems. 7. Install field and project management systems. 8. Create scorecards and job cost tracking systems. 9. Learn how to know, track, and hit your numbers. 10. Draft a winning marketing and sales action plan. 11. Focus on growth and finding new customers. 12. Always make a profit.

Download or read book Managing the Profitable Construction Business written by Thomas C. Schleifer and published by John Wiley & Sons. This book was released on 2014-03-31 with total page 292 pages. Available in PDF, EPUB and Kindle. Book excerpt: Take control of your construction contracting business and manage it through the natural highs and lows of the construction market. Learn from a team of construction business veterans led by Thomas C. Schleifer, who is commonly referred to as a construction business "turnaround" expert due to the number of construction companies he has rescued from financial distress. His financial acumen, combined with his practical, hands-on experience, has made him a sought-after private consultant. His experience and no-nonsense philosophy have truly given him a unique perspective. Important topics covered include: Understanding the primary areas of construction business failure in the next decade Minimizing business risk with real-world examples Developing a positive and competent management attitude and strategy Discover how to maneuver through this complicated and risky industry by using the authors' research and proven success strategies to sustain and grow your business.

Download or read book A Simple Guide to Turning a Profit as a Contractor written by Melanie Hodgdon and published by Dog Ear Publishing. This book was released on 2009-10 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Download or read book Markup Profit written by Michael Stone and published by Craftsman Book Co. This book was released on 1999-01-01 with total page 316 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Download or read book Winning the Contractor Fight written by Tom Reber and published by Contractor Fight. This book was released on 2021-09-14 with total page 152 pages. Available in PDF, EPUB and Kindle. Book excerpt: "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.

Download or read book Profit First for Contractors written by Shawn Van Dyke and published by . This book was released on 2018-12-03 with total page 218 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Download or read book How to Open and Operate a Financially Successful Construction Company written by Tanya R. Davis and published by Atlantic Publishing Company. This book was released on 2007 with total page 290 pages. Available in PDF, EPUB and Kindle. Book excerpt: Book & CD-ROM. Starting a construction company, even a small one, can be a very profitable venture. In good times and bad construction is an industry that will always be in demand, and construction is not an industry where technology will replace or undermine it. The construction field is growing rapidly. According to the Bureau of Labor Statistics, construction firms are expected to be one of the fastest growing business segments in the U.S. economy. There has never been a better time to start a construction company and get ahead of the competition. This is a comprehensive, detailed study of the practical side of starting and operating a construction firm. It will take you step by step through every aspect and prepare you with everything you need including sample business forms, leases, contracts; worksheets and checklists for planning, starting, and running day-to-day operations. You will get dozens of other valuable, timesaving tools of the trade that every entrepreneur should have. While providing detailed instruction and examples, the author help you find a location and business name that will bring success, take you through the process of drawing up a winning business plan (the Companion CD-ROM has the actual business plan you can use in MS Word TM), and teach you how to start and manage your construction company. You will find guidance on obtaining licenses and permits, drawing up contracts, hiring subcontractors, meeting governmental regulations, attracting new clients and referrals, applying for financing, tracking utilities, employing basic cost control systems, dealing with pricing issues, and staying ahead of the competition. You will avoid trial by error when setting up equipment layouts, meeting legal and IRS requirements, and tapping into the best sales and marketing techniques and pricing formulas. The book will even help you set up computer systems to save time and money, teach you how to hire and keep a qualified professional staff, use the best computer software, network with publishers and associations, do your own sales planning, customer service, keep your own books, compile monthly profit and loss statements, and prepare taxes. You will become adept at media planning, pricing, and public relations. You will be able to manage and train employees, motivate workers, generate high profile public relations and publicity, and learn low cost marketing ideas and low cost ways to satisfy customers and build sales. You will learn how to keep bringing customers back and build referrals the secret of continued success as well as getting thousands of great tips and useful guidelines. The manual delivers literally hundreds of innovative demonstrated ways to operate and streamline your business. Learn new ways to make your operation run smoother and increase performance, shut down waste, reduce costs, and increase profits. The secret of continued success as well as getting thousands of great tips and useful ideas. In addition, you will appreciate the valuable CD ROM resource in your daily activities as a source of ready-to-use forms, templates, worksheets, business plan, surveys, letters, web site resources, everything you will need to get up and running. We also went the extra mile and spent an unprecedented amount of time researching, interviewing, e-mailing, and communicating with hundreds of today s most successful construction company executives. Aside from learning the basics you will be privy to their secrets and proven successful ideas. Instruction is great, but advice from experts is even better, and the construction experts chronicled in this book are earning a great deal of money for their expertise.

Download or read book How to Start a Construction Business written by Meir Liraz and published by Independently Published. This book was released on 2019-03 with total page 116 pages. Available in PDF, EPUB and Kindle. Book excerpt: This guide will walk you step by step through all the essential phases of starting a successful construction based business. To profit in a new construction business, you need to consider the following questions: What business am I in? What do I sell? Where is my market? Who will buy? Who is my competition? What is my sales strategy? How much money is needed to operate my firm? How will I get the work done? What management controls are needed? How can they be carried out? And many more. This guide will help you answer all these questions and more. Here's what's in the book: ~ Things to consider before you start - crucial things you must consider before you start pouring in your hard earned money. Ignore it at your own peril. ~ How to plan and start your new construction business - complete, step by step instructions, this is must-know must-do information; ignore it and you stand a good chance to fail. You get specifically designed instructions for each phase. ~ How to develop winning marketing strategies for your construction business. ~ How to plan and execute a results driven advertising program - tips and strategies to make your advertising pay off big. ~ How to find new customers - new customers and more sales are essential for profit and growth. Here's a little known yet extremely effective ten-step formula to locate and find new customers. This same formula helped one client of ours to increase his customer base by 46% last year. ~ Checklist for going into business - things you must consider before going into business, keeps you from costly mistakes when starting a new business. ~ How to reduce costs - a complete step-by-step organized program for cutting costs in your business. Clients of ours have achieved an average of 28% to 35% cost reduction with this technique, and you can too. Keep the money in your pocket with this one! . ~ How to get business loans - where do you go for the financing you'll need? your real options plus tips on which is best for you. ~ All these and much much more. Get These 9 Valuable Free Gifts (a limited time offer) Place your order by the end of this month and I will also include instant download instructions for the following free gifts: Free Gift #1: Business Financial Planner - This is a software program that will help you prepare budgets, cash flow projections, projected income statements, plan and analyze your start up expenses and sales, and much more. Free Gift #2: A Professional, high quality, full blown business plan template complete with detailed instructions and all the related spreadsheets. Free Gift #3: A Simple Business Plan Template in MS Word Format - allows you to craft a good basic business plan quickly and easily. Free Gift #4: Small Business Management: Essential Ingredients for Success (eBook) - this guide will teach you scores of small business management tricks, secrets and shortcuts. Free Gift #5: How to Create a Business Plan, Training Course (Online Video) Free Gift #6: How to Find and Attract Investors, Training Course (Online Video) Free Gift #7: How to Start a Small Business Manual (PDF eBook) - a practical guide that will walk you step by step through all the essential phases of starting your own business. The book is packed with guides, worksheets and checklists. Free Gift #8: How to Be a Great Manager and Leader (Video Guide) - In this video you'll discover 120 powerful tips and strategies to motivate and inspire your people to bring out the best in them. Free Gift #9: How to Better Manage Yourself for Success (Video Guide) - Take control of your life. In this video you'll discover 90 powerful tips and strategies to better manage yourself for success.

Download or read book Markup Profit written by Michael C. Stone and published by . This book was released on 2012 with total page 332 pages. Available in PDF, EPUB and Kindle. Book excerpt: In order to succeed in a construction business, you have to be able to price your jobs to cover all labor, material and overhead expenses, and make a decent profit. But calculating markup is only part of the picture. If you're going to beat the odds and stay in business -- profitably, you also need to know how to write good contracts, manage your crews, work with subcontractors and collect on your work. This book covers the business basics of running a construction company, whether you're a general or specialty contractor working in remodeling, new construction or commercial work. The principles outlined here apply to all construction-related businesses. You'll find tried and tested formulas to guarantee profits, with step-by-step instructions and easy-to-follow examples to help you learn how to operate your business successfully. Includes a link to free downloads of blank forms and checklists used in this book.

Download or read book Starting Your Career as a Contractor written by Claudiu Fatu and published by Simon and Schuster. This book was released on 2015-03-17 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: This incisive, practical guide provides a thorough breakdown of the ins and outs everyone needs to know when turning contracting skills into a business. From summoning the motivation to start your own business to the intricacies of being your own boss, Claudiu Fatu artfully turns his personal experiences and those of other successful contractors into advice on every aspect of building a business. The chapters focus on: Developing a business structure, including bank accounts, tax registration, insurance, and branding Handling legal and accounting hurdles Managing employees and dealing with clients Using marketing systems to find and book work Estimating and bidding on jobs Writing contracts Creating invoices and a billing system Controlling costs, keeping records, and understanding profit margin Planning retirement and other benefits for the self-employed By teaching contractors to anticipate problems that can arise when dealing with clients, and to build a business plan that can support a contractor’s talents in the best way possible, Starting Your Career as a Contractor is the ultimate manual to getting the job done right! Allworth Press, an imprint of Skyhorse Publishing, publishes a broad range of books on the visual and performing arts, with emphasis on the business of art. Our titles cover subjects such as graphic design, theater, branding, fine art, photography, interior design, writing, acting, film, how to start careers, business and legal forms, business practices, and more. While we don't aspire to publish a New York Times bestseller or a national bestseller, we are deeply committed to quality books that help creative professionals succeed and thrive. We often publish in areas overlooked by other publishers and welcome the author whose expertise can help our audience of readers.

Download or read book Why Startups Fail written by Tom Eisenmann and published by Currency. This book was released on 2021-03-30 with total page 370 pages. Available in PDF, EPUB and Kindle. Book excerpt: If you want your startup to succeed, you need to understand why startups fail. “Whether you’re a first-time founder or looking to bring innovation into a corporate environment, Why Startups Fail is essential reading.”—Eric Ries, founder and CEO, LTSE, and New York Times bestselling author of The Lean Startup and The Startup Way Why do startups fail? That question caught Harvard Business School professor Tom Eisenmann by surprise when he realized he couldn’t answer it. So he launched a multiyear research project to find out. In Why Startups Fail, Eisenmann reveals his findings: six distinct patterns that account for the vast majority of startup failures. • Bad Bedfellows. Startup success is thought to rest largely on the founder’s talents and instincts. But the wrong team, investors, or partners can sink a venture just as quickly. • False Starts. In following the oft-cited advice to “fail fast” and to “launch before you’re ready,” founders risk wasting time and capital on the wrong solutions. • False Promises. Success with early adopters can be misleading and give founders unwarranted confidence to expand. • Speed Traps. Despite the pressure to “get big fast,” hypergrowth can spell disaster for even the most promising ventures. • Help Wanted. Rapidly scaling startups need lots of capital and talent, but they can make mistakes that leave them suddenly in short supply of both. • Cascading Miracles. Silicon Valley exhorts entrepreneurs to dream big. But the bigger the vision, the more things that can go wrong. Drawing on fascinating stories of ventures that failed to fulfill their early promise—from a home-furnishings retailer to a concierge dog-walking service, from a dating app to the inventor of a sophisticated social robot, from a fashion brand to a startup deploying a vast network of charging stations for electric vehicles—Eisenmann offers frameworks for detecting when a venture is vulnerable to these patterns, along with a wealth of strategies and tactics for avoiding them. A must-read for founders at any stage of their entrepreneurial journey, Why Startups Fail is not merely a guide to preventing failure but also a roadmap charting the path to startup success.

Download or read book Building a Successful Construction Company written by Paul Netscher and published by Createspace Independent Publishing Platform. This book was released on 2014-08-08 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: How you can make your construction company more profitable. A 'must read' before you price your next project.Many construction companies fail despite the hard work and knowledge of their managers and owners. Some companies even start well, earning good profits, building successful projects, and the company grows - only for it all to come crashing down, often leaving a mountain of debts behind. So why do construction companies fail? Is it due to bad luck?This book explores important aspects of managing a construction company that impact its success and profitability. Obviously managers should have an understanding of running a business as well as the appropriate technical skills. But, it's usually more than this. The chapters in this book focus on the importance of selecting the right project, how to find projects, tendering correctly, winning the project, delivering the project, avoiding unnecessary costs, increasing revenue, financial and contractual controls, managing the company, the importance of good people, growing the company and ensuring the company has a good reputation.The chapters are set out in an easy to read format, filled with practical tips, which provide a step-by-step guide to growing profits, remaining profitable and running a successful construction company.

Download or read book Profit First written by Mike Michalowicz and published by Penguin. This book was released on 2017-02-21 with total page 225 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Download or read book Construction Business Management written by Nick B. Ganaway and published by Routledge. This book was released on 2007-06-01 with total page 209 pages. Available in PDF, EPUB and Kindle. Book excerpt: Only 43 per cent of U.S. construction firms remain in business after four years. Why? Inadequate management, according to the U.S. Small Business Administration. This is surprising because most construction firms are formed by ambitious construction project managers, executives and tradesmen who have excelled at what they have been doing. But as experienced as these entrepreneurs may be, they are not likely prepared to take on the full range of responsibilities forced on them in managing the business of construction in its entirety. While this business failure rate and its causes are based on U.S. experience, available data from a number of other industrialized countries shows they are similar. This book describes in detail what the business side of the construction equation requires of the construction firm owner. The contractor who quickly learns these requirements can identify and avoid or manage around the pitfalls that cause the high failure rate in our industry and put his or her construction firm on a level playing field with the best-run companies in the business. The detailed duties of the owner, whether in the U.S., U.K., Australia or Canada, are a common theme throughout the book. The author, Nick Ganaway, speaks peer-to-peer, and the book is sprinkled with supporting examples from his own experience. He is immersed in the industry and this book is "based on the things I've learned, used, and refined as a light-commercial general contractor in the course of starting and operating my own construction firm for 25 years." The contractor doing $5 million or $50 million or more in annual sales or the equivalent amount in other countries, or the entrepreneur who is just starting up, can use the tried and proven material in this book to build a business that is profitable, enjoyable, and enduring. Additionally, the book devotes a chapter to specializing in chain-store construction.

Download or read book Start Your Own Construction and Contracting Business written by Entrepreneur Press and published by Entrepreneur Press. This book was released on 2007-08-27 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt: Build a Successful Business If you're good with your hands and have a great business sense, now is the time to start your own construction or contracting firm. Independent contractors can earn upwards of six figures a year doing remodels, new construction, home additions and more. Author Gregg Kuehn has 30 years of experience in the industry-and now he reveals his secrets to starting and running a profitable business. Learn how to: Attract clients through multiple channels: marketing, advertising and word-of-mouth recommendations Set a budget and write an accurate estimate for any type of job Price your products and services to be competitive while maximizing profits Hire and train great employees-and handle any employee problems Deal with problem clients, earn their trust and address their complaints Detailed examples and stories from real-life contractors show you what to do-and what not to do-on your path to success. Learn how to avoid the most common mistakes and get started today with your own thriving construction business.

Download or read book Contractor s Profit Manual written by Bill Carillon and published by . This book was released on 1999 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is a well-developed, principally oriented information source, gathered from years of experience in the Civil Engineering and Construction industry. The content is clear, simple, yet thorough in its depth. The author hopes the reader will review in detail the chapters on Planning and Sales since these are essential to making your company more profitable. Furthermore, the chapters on Crews and Methods, scheduling and production control will unable your company to implement sound cost control measures. Other critical information is contained in the Time Management, Negotiation and Training chapters. All the information contained within this book has but one focus in mind... THE BOTTOM LINE. This book can be used as a powerful tool within your company. Read and refer to it often. I trust you will use this information more like a manual versus a book. I encourage you to write specific notes on the pages and refer to these notes on a regular basis. By doing so, you will become my co-author and those ideas will grow and soon benefit your company on a regular basis. Take and learn from the 40 years of experience Ive gained. This book is a must for the individual, small business and large organization alike. BOOK DISCUSSION This book represents a compilation of over forty years experience in the Civil Engineering and construction industry. It is written as a guide or manual that every person within your organization who reads it, will gain valuable insight and knowledge to all aspects of their specialty. This book is RESULTS oriented, with clear, easy to follow guidance that will increase your companys productivity. Chapter 1 outlines the Overview Planning process within your firm. You will learn to identify the general objectives, goals and strategies of your company and the purposes of each activity. You will be able to identify the various Stakeholders within your organization and their roles within as well as the general condition of your company. Chapter 2 discusses Marketing strategies within your organization. It further explores your firms capabilities, target clients, areas of influence, financial resources as well as true tables to meet your market objectives. Chapter 3 is crucial to the Sales strategy of your firm and the acquisition of jobs/projects. You will see how your sales plan can be developed and coordinated with your planning concepts. Additionally, this chapter will identify your specific sales program with information regarding bidding verses negotiating, risk factors, competition and your companies overall sales climate. To assist your sales team, the book reviews Sales presentations, generations of leads, entertainment, Newsletters, brochures and photos. Lastly.in this chapter you will find sound principles in Sales Training. Chapter 4 rounds out the discussion on sales. This chapter outlines the methods to produce effective Sales Calls. You will be able to identify your action person who represents the client, identify the specific needs of the client and the information required making an effective and persuasive sales call. You will be able to manage and track a successful Sales Call program to include: sales call strategies, sales call reports, and sales call analysis. Chapter 5 begins a comprehensive discussion on Estimating. You will learn about procedures to set up your estimate and the cost relationships you can use for estimating and cost control. You will also see the steps required to prepare your estimate and check lists proven essential to eliminating costly errors in preparing your proposal. You will also read about 6 pitfalls to avoid insuring a complete bid as well as 4 hazards to avoid when dealing with sub-contractors. Other valuable tips for determining the proper profit for each type of job and t

Download or read book Construction Change Orders written by Len Holm and published by Independently Published. This book was released on 2024-04-12 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why write a book dedicated to the construction management topic of change orders? We all want to make a profit, that is why we are in the construction business. This is one of the riskiest financial endeavors anyone can take on and the failure rate is extremely high compared to other industries. I have received countless requests from general contractors and subcontractors to advise how they can preserve what fee they bid and possibly improve upon it. The best way to improve profits is to beat the estimate and schedule. Change orders are also opportunities to improve the fee, but only if managed properly. There is no guarantee of fee enhancement, in fact many contractors will say they lose money on change orders. The best chance for fee improvement is by effective construction processes, which includes change order management, as is discussed throughout this book. I have written several construction management books. In just about every title, change orders are discussed, as they play an important role in our industry. But my approach in those other books has always been change order mitigation and management, not short-term profit maximation. In this book we will deviate from that approach a bit and seek opportunities for maximizing project and corporate profits through construction change order processing. The premise for this book is that successful negotiation of change issues is as important to a contractor as achieving its estimate and schedule goals, building with quality, and maintaining a safe working environment. The book covers several topics essential to change order management including strategies with the initial estimate, finding opportunities during construction, contract procedures, initiating proposals, pricing, negotiations, incorporation into the contract, payment, impacts, claims, dispute resolution, subcontract back charges, and additional profit opportunities.