Don’t Settle For Low Margins

boosting your profit margins in the construction industry

If we were to have a look at your accounts right now, would they show you as a money-maker or a money-saver? To become a high margin contractor, you start by setting goals to achieve what you want.  The benefit of being a member of PNBA is that you will be able to reduce costs (which therefore boosts margins!).

In a recent article from For Construction Pros, they lay out some guidelines to figure out what type of business owner you really are.

Are you a Money-Maker or a Money-Saver?

Money-savers are focused on saving money, including getting work done for the cheapest price, maximizing field crew efficiency, reducing costs at every level, hiring low-cost employees, providing the minimum acceptable service required by contract, and running their business with too few people.

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