Contractor Success Map With Randal Dehart | Contractor Bookkeeping And Accounting Services

0080: Contractors Success Map BCG Matrix For Your Construction Company

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Sinopsis

The BCG Matrix Is One Of The Tools Fast Easy Accounting Uses To Help Construction Contractors Increase Profits Developed By Bruce Henderson - For the Boston Consulting Group in 1968 to help corporations analyze business units or product lines. It helps companies allocate resources and is used as an analytical tool in brand marketing, product management, strategic management. No Two Construction - Companies are alike. Every construction company has a unique blend of ownership and management philosophies, tools, equipment, staff, field employees, geographic location, and relationships with suppliers, vendors and professional service providers. This Means - That if construction company "A" earns a better than average profit percentage on residential remodel it does not follow that company "B" will be able to do the same. Get Rich In A Niche - By finding your company's sweet spot, that particular thing you are good at, that people want and will pay good money for and that you are best suits you. Then you spend t