Time slippage is a hidden money drain that costs contracting companies thousands of dollars in lost profit. We reveal how making simple adjustments to project timelines can dramatically increase your bottom line without requiring more work.
• Timeline management is critical for three main reasons: customer satisfaction, crew retention, and company profitability
• Poor timeline control can reduce a contractor's take-home pay from $100,000 to just $40,000 annually on $1 million in revenue
• Efficient contractors who save just 3 days on 3-week projects can boost annual revenue from $1 million to $1.2 million
• The average residential remodeler makes only 4% net profit, making timeline efficiency essential for survival
• Spending 80% of your management time on pre-construction planning prevents costly mid-project delays
• Create detailed Gantt charts during the due diligence phase to organize work sequentially and avoid confusion
• Include specific line items for inspections and client walkthroughs at critical points (framing, pre-drywall)
• Use a formal final walk checklist to create clear separation between project completion and warranty work
• Start with front-end organization and weekly timeline check-ins before implementing more advanced systems
• Efficient timeline management not only increases profits but helps retain quality crews who depend on project flow
If you want to talk with me directly about growth, structure, or implementing these systems, go to ProStruct360.com and schedule a free 30-minute consultation from our contact page.
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