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Overview
All the ins and outs of starting and running a profitable enterprise in today's construction market. Packed with fast track building code facts, tips and techniques, and quick calculations, this practical resource helps building contractors define their business requirements, select a business structure, manage jobs efficiently, locate desirable building lots, build on speculation, computerize their operations, understand financial transactions, hire top-notch employees—and avoid common pitfalls.
NEW TO THIS EDITION: insurance, financial issues, energy requirements; computerization; more quick-reference facts and figures throughout.
Synopsis
"A wonderful book on the industry ... If you are interested in becoming a contractor and don't have much experience with all of the building aspects, this book should enlighten you. I highly recommend it."*
"Answers many questions about the business side of the homebuilding industry."*
*Online reader review of the previous edition
THE BUSINESS OF BUILDING
Covering the ins and outs of starting and running a profitable contracting business in today's market, this bestseller shows you exactly what it takes to make big money in construction. Successful contractor, builder, developer, and real estate broker R. Dodge Woodson shows you how to increase your bottom line, save countless hours of valuable time, and get your own contracting business up and running smoothly. In this new third edition, Woodson updates you on getting financing, computer use, insurance, and energy requirements. Plus, you get helpful new quick-reference facts and figures throughout. Open this book for expert advice on everything you need to be a successful contractor, including how to
- Avoid the 15 fatal financial flaws that sabotage builders
- Bid for jobs
- Get financing
- Price materials and services
- Open a construction office
- Deal with subcontractors and suppliers
- Advertise your business
- Handle taxes and legal obligations
- Manage employees
- Build on spec
- Manage financial worksheets
There's also a "Pitfalls" checklist that helps you avoid money sinkholes caused by lead, asbestos, flooding, and other hazards. No matter what your level of expertise in construction, you'll find tools right here to help you increase profits!
R. Dodge Woodson holds the real estate license Designated Broker, the highest classification of professional real licensure available. Woodson is the president and owner of Expert Realty Services, Inc., of Brunswick, Maine. He bought his first piece of speculative land in 1974 and has been a progressive land developer in Virginia and Maine for the past 29 years. He has succeeded with both individual plots and large parcels that he subdivided. Woodson’s contracting company, The Masters Group, Inc., offers new construction, remodeling, and plumbing in all residential phases. With nearly 30 years of experience as a general contractor, master plumber, master gasfitter, and residential land developer, Woodson has developed processes to help you succeed in your business.