10 Steps to Building a More Profitable Construction Business is a pragmatic approach to developing business practices that result in greater profitability. Whether you’re a general contractor, builder or subcontractor working in residential, commercial, home building or any number of specialty construction trades, these ten steps can help you work more efficiently and profitably.
The 10 steps that follow are based upon the concept of the profit cycle—a complete, four-part cycle designed to help construction professionals learn from their mistakes and repeat their successes. As you will see, the goal is not to work more, but to work more effectively— and improve your company’s bottom line as you go.
10 Steps to Building a More Profitable Construction Business contains strategies that can be used effectively in any number of ways. Ultimately, the key to success is the integration of every step within the profit cycle—yet substantial results can be realized by selecting and implementing only a few of these steps every month.