Accounting Industrial Insurance Profitability 
Construction Enquirer
JUNE 21, 2023
The cost of complying with the Building Safety Act has blown a hole in the latest accounts from Willmott Dixon. And the contractor vowed to go after “designers, fire engineers, supply chain and insurers” to reclaim a “substantial portion” of the £62m it has set aside for building safety and cladding retrofits.
Autodesk Construction Cloud
SEPTEMBER 13, 2022
As with every industry, everything ultimately boils down to the bottom line. Contractors are focused on executing efficiently and safety, while winning new business and staying profitable. . However, the industry is at a pressure point and unfortunately, the unexpected is one of the few things companies can expect.
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Construction Law
JUNE 1, 2021
The Times gave more space to construction and its problems in a series spread over three days in May than the industry has probably ever received at one go from a national newspaper. The industry was characterised as ‘toxic and dysfunctional’ and racing to the bottom. None of it was good. They won’t stay so well hidden for much longer.
Autodesk Construction Cloud
JULY 13, 2023
.” This quote primarily relates to personal finance, but his advice also rings true in the construction industry. While bringing in large projects and generating revenue is essential, it’s equally important to manage profit effectively and ensure healthy margins. Have a look below. Protect your reputation.
Autodesk Construction Cloud
FEBRUARY 25, 2022
For one thing, circumstances can change quickly in today’s uncertain construction industry. Formula: (Cash and Cash Equivalents + Marketable Securities + Accounts Receivables) / Current Liabilities . Accounts Receivable Turnover . A higher ratio indicates a stronger ability to collect on Accounts Receivable. .
Autodesk Construction Cloud
DECEMBER 12, 2021
Other critical measurements need to be taken into account to track constructions progress and productivity–the primary factors that are going to get teams that wanted success. Below, let’s discuss the importance of construction KPIs and critical metrics your company should be measuring to affect profits and productivity. Key Takeaways.
Construction Business Owner
APRIL 5, 2012
ACCOUNTING |. INSURANCE |. Accounting & Finance. Industry News. Industry Statistics. This, after all, is the foundation of the insurance industry. And risk can be a profit center, since insurance companies obviously make money. Well, consider the business model of the insurance industry.
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