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Contractor's Survival Manual
(3 customer reviews)
This completely revised edition explains what it really takes to survive hard times in the construction industry and how to take full advantage of the profit cycle in good economic times.
Whether you re just getting started or have been bidding jobs and meeting payroll for years, this practical manual will suggest unique ways to overcome your most persistent problems getting through a debt crisis: what to do when bills can't be paid, finding money and buying time, conserving income, transferring debt, handling creditors, choosing assets to liquidate, setting payment priorities, cash float techniques, alternatives to bankruptcy, dealing with lawsuits, judgments and liens and laying the foundation for recovery.
Then there's building sales and profits using other people's cash, becoming a great salesman, setting goals, using limited partnerships, building financial reserves, accurate estimating, calculating overhead, contingency and profit margins. Completely updated, including major new sections on the use of personal computers for bookkeeping, estimating and scheduling, and Web addresses that have additional useful information.
You won t find conventional advice in this book. Instead, expect to learn what is really needed to survive, stabilize and thrive as a construction contractor.
- Amazon Sales Rank: #3437239 in Books
- Brand: Brand: Craftsman Book Co
- Published on: 1988-01
- Original language: English
- Number of items: 1
- Dimensions: .44" h x 8.36" w x 10.81" l,
- Binding: Paperback
- 158 pages
- Used Book in Good Condition
Most helpful customer reviews
0 of 0 people found the following review helpful.
Revised, updated and significantly expanded new edition
By Midwest Book Review
The construction industry is as profitable as it is competitive. Now in a revised, updated and significantly expanded new edition, "Contractor's Survival Manual" by licensed architect and successful general contractor William D. Mitchell (and now revised by Brian E. P. Beeston) offers practical, step-by-step, process-by-process advice and instruction on starting, operating, and maintaining a construction business. Mitchell covers such issues as setting realistic goals, the use of limited partnerships, working with local building officials, calculating finances (including overhead, contingency and profit margins, structuring a company, building financial reserves, project estimations, scheduling and contracts, marketing and building a prospect list, billings and collections, the impact of economic cycles, using other people's money, alternatives to bankruptcy, dealing with lawsuits (including judgements and liens), becoming an effective salesman with prospective clients, and generally knowing the all the ins and outs of the contracting business. Enhanced with major new sections on using personal computers for bookkeeping, scheduling, and other tasks, web addresses for information resources appropriate for construction contracting, the "Contractor's Survival Manual" is an absolute necessity for those new to the business, and has a great deal of practical value for even the more experienced contractor in the field.
4 of 4 people found the following review helpful.
By TRENT CLARK
Mitchell is full of wisdom drawn from the depths of experience with hitting the bottom in the construction business and digging your way out and making sure you do not visit the bottom again. It is very practical and not overly technical. A real easy read in a couple of sittings.
Also, being an Architect he brings great perspective from the design arena and how the construction/design collaboration does and does not work. Read this book before ever jumping into the construction business.
5 of 6 people found the following review helpful.
must read for building contractors
By DAN ATKINSON
This "straight talk" manual is a must read for all building contractors. Learn insights and a new perspective on your buisness. A How To manual for survival and success.