Construction Hot Takes

You can feel the money moving. You can't tell if any single job is making it. In this episode, Greg Gorman breaks down job cost management and why hidden jobs that quietly bleed can still occur in a profitable company. Plus the three fundamentals that make job costing work and why you can still save a job at 40 to 50 percent complete (but rarely at 75).

Chapters:
00:00 - Why job cost management is a top priority
02:13 - How does company profit hide a bleeding job?
03:45 - What actually counts as a job cost?
09:54 - The three fundamentals of job costing
15:51 - How do you catch profit fade in time?
19:42 - Why acting at 40-50% beats a locked-in loss

For fractional CFO support: https://ascentconsults.com/fractional-cfo/
The operator's playbook for scaling construction: https://ascentconsults.com/build-it-better-ebook/

Greg Gorman: https://www.linkedin.com/in/gregory-gorman-mba-115ba34/

Check out all the Construction Hot Takes episodes on the Ascent website! https://ascentconsults.com/construction-hot-takes-podcast/

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LinkedIn: https://www.linkedin.com/company/ascent-consulting-inc-/
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#Construction #JobCosting #ConstructionFinance

What is Construction Hot Takes?

Hosted by Adam Cooper, CEO of Ascent Consulting, alongside Senior Consultants Gregory Gorman and Jeff Robertson, Construction Hot Takes show dives into the gritty, unfiltered realities of building a profitable construction company. With nearly 100 years of combined experience, they’ve been there—from carrying gear on job sites to leading Ascent, a consulting powerhouse that exclusively serves construction companies across North America.

Each episode is packed with insights, strategies, and insider knowledge from the industry’s top consulting firm for contractors. Discover what big national contractors know about growing a business, get actionable advice on boosting efficiency, and learn how to supercharge your project pipeline. Tune in, get inspired, and gain the knowledge to take your construction business to the next level.