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The No. 1 reason builders lose money – and how to stop it

The Building Code

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Navigating Financial Pitfalls in Construction

This chapter explores the financial challenges that construction businesses encounter, particularly the gap between project management and financial oversight. It emphasizes the critical need for accurate estimating, real-time job costing, and the effective handling of change orders to enhance profitability. By adopting systematic processes and utilizing appropriate software tools, builders can improve financial transparency and client communications, ultimately leading to better project outcomes.

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