Guiding people and business to financial success.

Contractors who juggle projects at multiple sites know it can be tricky to accurately track job data and employee activities. The good news is that there are now a wide variety of apps available for smartphones, tablet computers, laptops and construction vehicles that allow contractors to store and view data regarding labor hours, vehicle and equipment use, and daily job-site production. This article examines three of these: wireless time cards, geo-fencing technology, and global positioning systems.

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Many construction projects fall prey to what's known as "profit fade." In many cases, this costly problem comes into play when a job goes awry, taking with it the expected profit margin. This article shows how doing one's homework, expecting the unexpected, and writing clear, specific contracts can help prevent profit fade from wiping out the bottom line — and make a surety more confident in one's ability to make a profit.

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