As an FMI senior consultant, Glenn Matteson works with contractors to develop business plans and profit strategies. He also conducts audits of overall operations, focusing on project controls, financial management and equipment management.
Now more than ever contractors are searching for ways to cut costs. How you go about cutting costs is just as important as where you look for cuts. Begin a systematic examination of your expenses in the office and the field. Then use the list in this article to generate thinking on possible new areas for cost reduction.