Understanding Job Costing

Name: Understanding Job Costing
Start: 2026-03-04T14:00:00-05:00
End: 2026-03-04T16:00:00-05:00
Location: First Companies Inc.

Schedule

Wed Mar 04 2026 at 02:00 pm to 04:00 pm

UTC-05:00

Location

First Companies Inc. | Kentwood, MI

Job costing can make or break your profitability on a construction project. Understanding how costs, billing, and progress tie together helps you spot issues early, manage cash flow, and avoid surprises at the end of the job.
Join Construction Allies in Action for Understanding Job Costing, a practical workshop focused on how job costing works in real construction projects. This session is designed for contractors who want a clearer picture of where their money is going, how jobs are actually performing, and how to use that information to make better decisions while work is still in progress.
During this workshop, representatives from Abound Business Solutions and First Companies Inc will cover:
- What job costing tracks and why it matters on every project
- How labor, materials, overhead, and percent complete connect
- Overbilling vs. underbilling and how each affects cash flow
- How to identify early warning signs of job fade
- How GCs, lenders, and sureties use job cost information
- Best practices for reviewing job costs and avoiding common pitfalls
This session is built to give underrepresented contractors clear, usable tools to better understand their numbers, protect profitability, and build stronger, more sustainable construction businesses.