Levelset

AUGUST 4, 2022

However, like any other business, you need to maintain positive cash flow or you may find yourself unable to pay your workers and other expenses. Let’s take a look at the basics of cash flow and how architects can budget their expenses and forecast their income to stay in good financial standing. Cash flow basics.

Cash Flow 52

Cash Flow Budgeting Budget Forecasting 52

Levelset

AUGUST 17, 2022

Architectural business consultant Lucas Gray of Charette Venture Group recommends three KPIs to help firms measure their profitability: break-even point, utilization rate, and billable ratio. . Related: An architecture firm’s guide to cash flow. Without cash inflow, companies have no way to pay their employees and vendors.

Profitability 52

Profitability Lien Overhead Cash Flow 52

Construction Law Monitor

NOVEMBER 6, 2013

.” Payment applications and invoices get sent out, and then it’s unfortunately a battle to always get cash flowing. Getting Your Account Paid Means Prioritizing Your Invoice With Your Customer. You can also file a mechanics lien to bridge the gap. Construction Liens: Are There Any Downsides?

Lien 51

Lien Cash Flow Accounting Debt 51

Contractor Bookkeeping

JUNE 20, 2014

Use Credit Cards - And supplier accounts to finance your new business and be very careful about what you buy. Consult with a construction attorney and follow their advice. Bank Accounts - Set up two bank accounts in your company name. Let us take care of your accounting. You say O.K.

Insurance 48

Insurance Construction Accounting Claims 48

Contractor Bookkeeping

FEBRUARY 28, 2014

To make matters worse there are a never ending parade of consults and hucksters ready to solve all your problems and make everything right as if by magic; and you know that''s not going to happen! Cash flow issues kill contractors even though they have profit. Poor scheduling affects production and cash flow.

Profitability 48

Profitability Contractors Cash Flow Accounting 48

Contractor Bookkeeping

JANUARY 2, 2015

Did You Use Your Personal Credit Cards - And supplier accounts to finance your new business and perhaps you were not careful about what you bought? Consult with a construction attorney and follow their advice. Bank Accounts - Set up two bank accounts in your company name. Let us take care of your construction accounting.

Construction 48

Construction Insurance Accounting Claims 48

Contractor Bookkeeping

JUNE 15, 2012

Use Credit Cards - And supplier accounts to finance your new business and be very careful about what you buy. Consult with a construction attorney and follow their advice. Bank Accounts - Set up two bank accounts in your company name. Let us take care of your accounting. You say O.K.

Contractors 48

Contractors Insurance Claims Lien 48