October 30, 2008
Just imagine that you have to make a bid for an HVAC and Sheet Metal job for a large well-known company with whom you have had no prior experience. So you resort to your tried and true methods of creating an estimate using pencil and paper. You are confident that past experience and knowledge will enable you to create an estimate that will make a profit. After all, you have been in business several years and your business is profitable. But how do you know that you are not leaving any money on the table, and that the costs for this new job are in line with those of previously bid jobs? Without a construction software solution that tracks previously bid jobs, both successful and unsuccessful, the answer is you don’t know.
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