94 episodes

Strategies for building a successful construction company, as well as construction industry news and commentary. Topics will include creating winning job bids, maximizing profitability, job costing, marketing strategies, our thoughts about industry trends and more.

The ProfitDig Radio Show ProfitDig LLC

    • Business

Strategies for building a successful construction company, as well as construction industry news and commentary. Topics will include creating winning job bids, maximizing profitability, job costing, marketing strategies, our thoughts about industry trends and more.

    How to Avoid Getting Burned from Your Construction Contracts

    How to Avoid Getting Burned from Your Construction Contracts

    Don't get burned by the contracts you sign! In today's ProfitDig video, the guys discuss various topics including:

    On a project, you become part of the business of the General Contractor.
    Make sure your scope of work is specified in the contract.
    If it is a long contract with a company you have never worked with before, consult an attorney.
    Language in proposals to protect your interests.
    Daily jobsite documentation to protect you in court cases.

    And more! If you deal with construction contracts, you need to give this a watch.

    From ProfitDig - easily create professional job bids and track your costs in a low monthly fee, non-contract, Web-based solution.

    Visit https://www.ProfitDig.com and sign up today!

    • 9 min
    Daily Jobsite Documentation - the CYA Key to Staying Out of Trouble if a Construction Job Goes Bad

    Daily Jobsite Documentation - the CYA Key to Staying Out of Trouble if a Construction Job Goes Bad

    The ProfitDig guys talk about the importance of daily jobsite documentation. Jeff Spencer talks about using contractors' daily diaries to document information such as jobsite conditions, weather, or any other factors that might affect the work that gets done on a particular day. This information is invaluable in situations such as a court case. You need to be able to explain what happened on a particular day, or set of days.

    From ProfitDig - win more jobs and make more money with ProfitDig. Easy job bidding and costing for construction contractors.

    https://www.profitdig.com

    • 9 min
    How to Survive Chainsaw Wounds and Knife Stabs, with Special Guest Wally Rankin

    How to Survive Chainsaw Wounds and Knife Stabs, with Special Guest Wally Rankin

    In this non-construction episode of the ProfitDig Construction Show, our buddy, Wally Rankin, talks about his experience with chainsaw wounds and knife stabs - all incidents he has experienced with family members growing up in a logging town in Michigan, and with his children in Tennessee.

    This was supposed to be a Halloween episode, but better late than never.

    Another fascinating video from ProfitDig - the world's easiest to use construction job bidding and costing solution. Non-contract, Web-based, and perfect for small contractors.

    https://www.profitdig.com

    • 14 min
    Construction Invoicing Strategies to Make Sure You Have Profit Left at the End of the Job

    Construction Invoicing Strategies to Make Sure You Have Profit Left at the End of the Job

    ProfitDig's Jeff Spencer discusses his invoicing strategies to make sure that you have the draws you need to pay the job bills along the way while maintaining healthy profit at the end of the job. Avoid overly aggressive billing! If you bill too aggressively, you may very well find yourself out of money by the end of the job and forced to pay expenses out of pocket.

    From ProfitDig - the world's easiest to use construction job bidding and costing solution. Create professional quality job bids and track costs down to the line item for just $99/mo. Sign up today at https://www.profitdig.com.

    • 8 min
    How Quality of Electricity Affects Your Construction Business

    How Quality of Electricity Affects Your Construction Business

    ProfitDig's Jeff Spencer and Jeff Givens talk about power quality.

    As Jeff Givens explains, the U.S. is divided into three major grids, and generation of power is based on the demand by homes and businesses within those grids. Generated power has to align with the demands on the grid. Non-linear sources of power for drives, motors and electrical equipment wreak havoc on the quality of power that comes into your home or business.

    When companies sign an agreement with a particular energy provider, they have expectations with regard to the quality of power coming into their locations. Different municipalities will have different power requirements as well. Poor power quality can cause damage to your equipment, so having a better understanding of your power needs will help you maintain that equipment.

    From ProfitDig - easy job bidding and costing for #construction contractors. Sign up today at https://www.profitdig.com.

    • 15 min
    Finding Subcontractors

    Finding Subcontractors

    The guys talk about all subcontractors. If you are bidding on work that you do not self-perform, you will require subcontractors. A good subcontractor is hard to find, especially in a hot market. Having a well-established relationship with a subcontractor will help immensely. A sub is essentially an employee of the GC, so good relationships are critical.

    ProfitDig's Jeff Spencer is a highly experienced Project Manager and former company owner, so learn from his wisdom in the latest ProfitDig video.

    ProfitDig - easy job bidding and costing for #construction contractors. Sign up today at https://www.profitdig.com

    • 12 min

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