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5 Effective Strategies for General Contractors to Cut Costs

Strategy Driven

The first step in cutting costs should begin with a complete audit of the existing expenses. You should consider ways to reduce operational expenses. Also, you can consider the shift from in-house to cloud operations to cut overheads. A lot of contractors subscribe to different software services yet don’t use most of them.

Cost 58
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A Quick Guide to Breakeven Analysis

Harvard Business Review

It’s a simple calculation to determine how many units must be sold at a given price to cover one’s fixed costs. Assume she must incur a fixed cost of $25,500 to produce and sell a kite. What if we want to make an investment and increase the fixed costs?

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A Quick Guide to Breakeven Analysis

Harvard Business Review

It’s a simple calculation to determine how many units must be sold at a given price to cover one’s fixed costs. Assume she must incur a fixed cost of $25,500 to produce and sell a kite. What if we want to make an investment and increase the fixed costs?

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Is Rooftop Solar Finally Good Enough to Disrupt the Grid?

Harvard Business Review

The costly and complex operations of transporting energy have made utilities natural monopolies, while regulatory barriers and the high fixed costs of building and maintaining regional electrical grid infrastructure have also kept much competition at bay. This story of disruption should feel familiar. from 2012 through 2014.

Energy 8
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Don’t Compare Virtual Reality to the Smartphone

Harvard Business Review

Unfortunately, Zuckerberg’s “platform” reference has elicited many comparisons of Oculus to Google’s purchase of Android , the company that would provide Google with its own smartphone operating system. When Legalzoom decided to attack the overpriced industry of law, they used software systems to automate the provisioning of legal documents.

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Research: Cloud Computing Is Helping Smaller, Newer Firms Compete

Harvard Business Review

By cutting the fixed costs of computing — avoiding the need to hire IT staff, servers, and hardware — even the smallest firm can satisfy large and unexpected computing needs. They painstakingly record the hardware and software used by millions of firms per year back to 1981. since the 1980s.

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3D Printing Will Revive Conglomerates

Harvard Business Review

Wall Street began charging a “conglomerate discount,” saying that diverse operations were hard to analyze with confidence. True synergies across the diverse operations were often hard to see. Before, a big conglomerate like GE diversified its risks by mixing pro-cyclical and counter-cyclical businesses.