Remove ABC Remove Cash Flow Remove Construction Remove Industrial
article thumbnail

Season 2 — Episode 2: Construction Economics and the State of the Industry

Viewpoint Construction Technology

A Viewpoint on Construction, Modern Takes on a Transforming Industry. Season 2 — Episode 2: Construction Economics and the State of the Industry. Other listening options for this podcast: A Viewpoint on Construction, Modern Takes on a Transforming Industry. joins the podcast and discusses the […]

Sage 149
article thumbnail

4 Ways Materials Financing Can Help You Recession-Proof Your Business

Levelset

Managing cash flow in the construction industry is difficult in any economy, but during a recession, specialty contractors face even more financial challenges than usual. During the Great Recession , more than 150,000 construction firms closed their doors, and 2 million construction workers lost their jobs.

Finance 52
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How Inventory Control Saves Construction Teams Resources

Construction Business Owner

How Inventory Control Saves Construction Teams Resources. Practicing inventory control helps your construction team save time & money while keeping you organized. All sorts of businesses rely on inventory to provide goods and services to their customers, but when it comes to construction, supplies and materials are truly essential.

Inventory 225
article thumbnail

Subcontractor Default Insurance: Pros & Cons for General Contractors

Levelset

Construction is a risky business, with among the highest rates of failure of any industry. Let’s take a look at an example of how SDI might provide coverage on a project: ABC Builders is the general contractor building a large office complex and they have an SDI policy covering all their projects. million – $750,000). .

article thumbnail

The Small Business Guide to Construction Management Software

Autodesk Construction Cloud

There are many advantages to being a small construction firm. Unlike industry behemoths, smaller players can move faster and be more nimble because there’s not a lot of corporate red tape. . Like most SMBs, small-scale construction companies run on fewer resources. Unique Needs of a Small Construction Business.

Software 105