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The Impact of ASC 842 – The New Lease Standard Is Here

Construction Business Owner

It is time for contractors to get serious about the new accounting lease standard. 02 ASC 842 Leases, the new lease accounting standard issued by the Financial Accounting Standards Board (FASB). The prior accounting standard (ASC 840) only required capital leases to be included on the balance sheet. Accounting & Finance.

Leases 177
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Types of Capital for Construction Businesses

Levelset

The term capital is used across industries to represent all of a company’s financial assets, including cash, inventory, equipment, and more. Several different types of capital — working capital , debt capital , and equity capital — are common in the construction industry. Debt capital. 3 types of capital for construction.

Debt 97
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5 Supply-Chain Takeaways ?From the Pandemic

Pro Builder

I think every functional area within home building—from land and community development to accounting and human resources, as well as the supply chain—should identify the lessons learned from the pandemic and to what extent those lessons have changed their way of doing business. Here are my top five for the supply chain.

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5 Supply-Chain Takeaways ?From the Pandemic

Pro Builder

I think every functional area within home building—from land and community development to accounting and human resources, as well as the supply chain—should identify the lessons learned from the pandemic and to what extent those lessons have changed their way of doing business. Here are my top five for the supply chain.

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Optimize Vs. Maximize Construction Company Production

Contractor Bookkeeping

No matter what else you may believe about anything or anyone just know that everyone here at Fast Easy Accounting and our parent company Business Consulting and Accounting care about you, your family and your employees and will do everything we can to help you Level Up regardless if you ever become a client or not.

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Are There Lessons From the Great Recession for the COVID-19 Pandemic?

Pro Builder

In the last quarter of 2019, he looked at his spec home inventory and decided he needed to move some units. If you have many homes in inventory, don’t wait until your competitors drop their prices, making your products uncompetitive. If the market did roll over, he might have to lay people off, but would not be stuck with land debt.

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Builder of the Year Ivory Homes' Innovation Agenda

Pro Builder

A by-product of all of this innovation—not just from the winners, but all of the research behind the program—has made Ivory Innovations a resource for municipalities and other parties looking for ideas and potential providers of housing solutions. “We RELATED: How Small and Medium-Size Builders Can Prevail. 1 builder in Utah and the No.