How High Profit Jobs Send Contractors Into Bankruptcy
Contractor Bookkeeping
NOVEMBER 3, 2012
These costs arrive in the form of dry rot, cracked foundations, broken plumbing, bad wiring, worn out HVAC and other unpleasant surprises. The remodel contractor uses a form of "Cost Plus" or "Not To Exceed" to provide the homeowner with scope of work and a contract price the bank needs in order to finance the construction.
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