96 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
    • 3.5 • 2 Ratings

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.

    Can the Construction Industry Survive High Interest Rates? Strategies for Contractors

    Can the Construction Industry Survive High Interest Rates? Strategies for Contractors

    The ProfitDig guys break out into an economics discussion regarding interest rates. How are rising interest rates affecting the construction industry? How are they affecting new home construction? Home loan applications are at their lowest rate since 1995. A recent home building rebound likely reflects permits approved many months ago. Can the construction industry survive while rates remain high? What should a contractor do? Listen in!

    From ProfitDig - make more money in 2024 with ProfitDig! The world's easiest to use construction job bidding and costing solution. Visit https://www.profitdig.com now.

    • 9 min
    Working with Easements: How to Make Sure You Don't Get Blamed for Damage that is not Your Fault

    Working with Easements: How to Make Sure You Don't Get Blamed for Damage that is not Your Fault

    The ProfitDig guys talk all about easements, which are agreements to allow you to perform work on someone else's property. As Jeff Spencer explains, it is important to record, takes notes and time-stamped photos about the condition of the property before you do any work. Look for cracks in foundations and anything else that could be affected by your work. When the job is done, be sure to restore the property to equal or better value than it was before you entered the property.

    Listen in on this important discussion led by a seasoned construction industry veteran!

    Another useful video from ProfitDig - easy job bidding and costing for construction contractors just like you!

    https://www.ProfitDig.com

    • 8 min
    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

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