Q: The profits on my jobs are not consistent. What strategies can be used to stay on target?
Profitability isn’t lost all at once—it leaks out in small, avoidable ways throughout production. The most effective way to protect against margin erosion is to understand what costs are being allocated up front and then review them on a regular basis. Don’t wait until your job is finished only to be surprised at the end that we didn’t hit the profit we wanted.
Every job should clearly communicate what “success” looks like. Define a way to approve spending and set limits. When the production team understand the financial guardrails in place, they make better day-to-day decisions—whether it’s authorizing an extra labor hour or ordering additional materials.
Weekly productions meetings allow teams to review their WIP (Work in Progress). It creates a conversation around controlling spending to ensure it is in line with what was projected.
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At PSA, we are committed to delivering #ContractorFirst solutions that empower businesses to leverage technology more effectively—driving greater efficiency, accountability, and profitability. Our solutions are purpose-built from the ground up to serve contractors, and we actively incorporate customer feedback to ensure their voices shape stronger workflows and more robust documentation.
Ryan Pritchard
Ryan Pritchard is the VP of Sales & Marketing at PSA by Canam Systems, a leading software development company delivering fully integrated web, mobile, and desktop solutions to the insurance restoration industry. With over 15 years of experience in customer service and sales, Ryan joined the organization in 2010 and has played a key role in driving consistent company growth. He has been instrumental in helping restoration businesses streamline operations and improve profitability. Ryan is passionate about building strong client relationships, identifying market opportunities, and delivering technology solutions that empower restoration contractors to succeed.
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