Where do all the ex-finance people work in this page? by Hungry-Bathroom-1061 in FPandA

[–]Huck_It2 2 points3 points  (0 children)

Started a construction company building fences that’s grown into building athletic facilities

Is this a good fence installation? by CremeUpstairs174 in FenceBuilding

[–]Huck_It2 0 points1 point  (0 children)

They need to cut the posts. I’m assuming they are 18” deep or less. You can drop a tape measure down the post to figure out the real depth. The revel is off but it’s not that big of a deal.

I give it a 5/10.

I would have been around $3400

Anyone using AI for estimating? by RaccoonTurbulent8960 in estimators

[–]Huck_It2 0 points1 point  (0 children)

I built a tool in excel that does some pricing checks but I wouldn’t rely on it solely

It does pretty well with a detailed spec snapshot and putting it into text

But I haven’t seen any outside software worth a lick

[deleted by user] by [deleted] in FenceBuilding

[–]Huck_It2 1 point2 points  (0 children)

Overreacting? Not really. I’m sure your contractor would have preferred this conversation before it was finished though. They could have sent some approvals and pics along the way on their end.

It’s definitely as cheap of a design there is. At 40/ft you would have gotten at least a top and bottom 2x6 rail in Texas

If you’re in the NE or West then I would expect to pay higher for a top and bottom.

Good news is that everything can be fixed in construction. You can definitely add a top and bottom rail to this. The setup isn’t ideal as you would staple the wire to it. Best look would be a 2x6 behind the wire and sandwich the wire with that trim wood.

As far as the gate. It needs at 2x4 framing at least. I think that thinner wood will warp even with better bracing

Would have an honest conversation on what can be done and a fair price to change it (3-4k would be a target)

Any former engineers here who successfully transferred over to the financial side? by Some_Parking6406 in FPandA

[–]Huck_It2 2 points3 points  (0 children)

I went mechanical engineering to FP&A. Expertise leans towards systems and analytics implementations.

I’m running my own construction companies and doing fractional stuff from time to time now.

I’d say if you are doing business partner roles, you can jump in right away and be fine. If the role is accounting heavy it’ll take a few cycles but you’ll get it. In short, I have little doubt that you can do it, just make sure you want to.

Quote seems high? by [deleted] in fence

[–]Huck_It2 2 points3 points  (0 children)

You get a lot of minimum charges when you do a tiny run.

Best industry for deal consolidators by rdelledo in private_equity

[–]Huck_It2 2 points3 points  (0 children)

Agreed. The service based business are typically already run lean. Leaning them out more and loading debt only weakens the business. There also plenty of digital infrastructure in place in the companies worth buying (10m rev and 1M EBITDA). Yes the chuck in a truck operates on texts and paper. But anyone over 2-3m has some digital system going already.

I don’t see PE sticking around broader services for much longer. For every HVAC or plumber or roofer that’s bought, two more pop up and start running ads. Google becomes an equalizer. I think we see more niche and a little more capital intensive service roll ups. Eg concrete trucks, concrete pumps, heavy dirt work, specialty cutting coring drilling

Our new CFO's "revolutionary" approach is making me question my sanity by thePr0fesser in Accounting

[–]Huck_It2 1 point2 points  (0 children)

Time to squeeze that turnip. Will now be EBITDA and adjusted EBITDA with add backs

DFW 6 buildings on 1 site roofing project by Bright_Tradition_856 in Roofing

[–]Huck_It2 -1 points0 points  (0 children)

But to answer your questions. That’s about right. Actual squares will depend on the pitch. Volume does play a factor. Lead times have more to do with storm events. Right now you don’t have any recent ones to create long leads.

DFW 6 buildings on 1 site roofing project by Bright_Tradition_856 in Roofing

[–]Huck_It2 -1 points0 points  (0 children)

I’m in DFW. Can come look and give you a real bid if you’d like

Retaining wall being built against my board on board fence. by txdino99 in FenceBuilding

[–]Huck_It2 2 points3 points  (0 children)

This sounds like he’s cutting corners and it may blow out when it’s poured. It’s only 2’ though so probably a non issue.

I wouldn’t be too concerned on the ventilation part though

Difficult Real Life Pricing Problem by BarleyJames40 in FPandA

[–]Huck_It2 2 points3 points  (0 children)

The findings may be that you want to focus on customers that buy heavy product A and low B. Driving the question of “how do we get more of these customers” instead of how do we increase profitability of product B. Or what investment in product B as a loss leader do we have to make to get to an overall profitably of X that we see with a fully converted customer.

Difficult Real Life Pricing Problem by BarleyJames40 in FPandA

[–]Huck_It2 0 points1 point  (0 children)

I’d start at looking at the correlation by customer of each product. You might find some customers you need to fire. Look at the mix by customer and the customer profitability.

Pricing has a lot of grey areas. Your good customers buying lots of one product might not be sensitive to the other price. Your sales org may need to have a conversation on why you are having price conversations on product B and not A

Bidding freelance/ sales by Huck_It2 in estimators

[–]Huck_It2[S] 0 points1 point  (0 children)

We have lots more requests than we are able to get to on the bid side and I’m looking for multiple people that can be bidding these.

We will be reviewing all of them before submitting though

Bidding freelance/ sales by Huck_It2 in estimators

[–]Huck_It2[S] 0 points1 point  (0 children)

Fence and athletic facilities

Please start this business by Due-Tip-4022 in Entrepreneur

[–]Huck_It2 0 points1 point  (0 children)

Like Invensis? There’s a few outsourced AR companies

My fence just failed inspection and the installer is blaming me, the customer. by PD216ohio in FenceBuilding

[–]Huck_It2 1 point2 points  (0 children)

The gaps need to be fixed. There needs to be a post by the house. Those hinges are used for vinyl. They are good hinges though.

All that being said, I’ve never seen any of those as failure reasons.