Jacobs

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Changchun Finance and Sci-Tech Park Changchun Finance and Sci-Tech Park

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Revamping your profit sharing plan
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Revamping your profit sharing plan

Menno S. Martin Contractor Ltd. in St. Jacobs, Ontario, had a profit-sharing plan... More

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Cost Controls

The answer to this question for me is twofold: material volatility and labor/subcontractor volatility. When the price of lumber, drywall, concrete, or any other building product is fluctuating, I reduce the amount of time the contract is good for to limit my exposure and also include a material-escalation clause to protect me against major price changes and shortages caused by factors beyond my control ó such as a hurricane or the like. More

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