
CONTRACTORS
BETTER SYSTEMS FOR LONG TERM BUSINESS SUCCESS
At Cogent, we understand various factors come into play to be a successful contracting business. Proper job costing leads to building better bids that yield maximum profit margins. In addition, hiring skilled labor, effectively utilizing scheduling programs, and having project management systems in place are needed to operate a company properly. Customer satisfaction is the lifeblood of any contractor.
We are the business consultant for contractors. Cogent Analytics provides robust business consulting solutions to all contractors, including construction businesses, architectural engineering firms, and specialty private and public contractors.
Our business consulting solutions include but are not limited to the following:
- Training your field management to leverage the performance of their crews to increase on-time and on-budget performance.
- Develop bidding and estimating tools that increase your ability to bid on projects and know your anticipated profit margin.
- Planning processes to address unplanned events in order to reduce downtime and idle employees, thereby increasing worker utilization.
- Developing go-to-market strategies to improve revenue generation as well as maximize your gross margins, increasing profitability.
- Providing insights on leadership best practices so that you lead your business as opposed to working in it.
- Delivering best practices for scheduling and pricing initiatives that will result in more effective project management.
COUNTERING CHALLENGES FOR GROWTH
Cogent knows every contracting company has its unique challenges. However, we also understand the opportunities for growth within a business and how those challenges can counter that growth. Though each business is unique, here are some common questions owners have expressed and how we can address each issue.
How can I increase productivity, decrease rework, and keep projects on time?
- From an operations perspective, we provide best practices for productivity, quality concerns, on-time completion, calculating and managing labor costs, regulatory issues, and certification.
How do I make more money?
- We train businesses to manage effectively by understanding job costs and controlling account receivables, profit margins, budgets, financials, and cash flow.
How can I increase sales, find customers, and bid/estimate better?
- With growth in mind, we have go-to-market strategies to improve revenue generation in all areas of a business.
How do I find good, skilled employees and sub-contractors?
- We put HR processes in place to relieve the stress of supervising people by addressing employee performance, showing how to find and retain good subs/employees, developing leadership, and improving the company’s culture.
BUILDING A BEST-IN-CLASS BUSINESS
Cogent Analytics identifies the opportunities in your business, and our management consultants can help implement solutions that support a best-in-class operation, which relieves great stress off small business owners.
Here are some standard services our business consulting solutions offer specifically for contractors to strengthen their business and set them on a path for sustained growth and profitability:
- Implementing job costing procedures
- Streamlining budgeting and getting control of cash flow
- Engineering profit
- Hiring/retention plans
- Project management principles
- Estimating best practices
- Shaping company culture
- Developing scheduling and pricing initiatives
LEARN HOW OURÂ BUSINESS CONSULTINGÂ SOLUTIONS CAN ASSIST YOU AND YOUR BUSINESS
We are a small business consulting firm that help you work on your business, not just in it. To learn more about the type of consultant we are, fill out the contact form on this page and we will be in touch with you shortly.
Interested in how we have helped other construction companies? Watch these client testimonials or read written client testimonials here.