Levelset
OCTOBER 13, 2022
To help your business remain viable, contractor’s insurance should be a crucial part of your financial strategy. Insurance also puts other parties’ minds at ease when they want to hire you as a specialty contractor. A certificate of insurance (COI) is a valid form used to prove that you carry the appropriate insurance policy.
Levelset
SEPTEMBER 16, 2022
If a contractor’s work fails after a project is complete, completed operations insurance can help cover some of the expenses. It is sold as an extension to your general liability insurance policy and may be required by the state you work in or the project owner. Learn more: The most common types of insurance policies in construction.
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Green Building Law Update
JULY 24, 2016
The concept is not new, but nationally, residential PACE programs generally have been put on hold or foregone as a result of concerns of HUD and the Federal Home Loan Banks, that issued a directive in February 2011 to refrain from purchasing mortgage loans secured by properties with outstanding first lien PACE obligations.
Levelset
AUGUST 16, 2022
Sureties calculate working capital more conservatively than other credit providers or banks. In the event of issues, access to additional sources of liquidity, like a bank line or personal funds, is also important. You should also have a line of credit with your bank between 5% and 10% of your expected annual volume.
Construction Test
MAY 9, 2020
However, I’m not finding that to be the case with travel insurance. It feels like I’ve paid for 12 months of cover, for which NIB can just bank as free money for no service. After all, insurers also have a role in helping the travel industry recover. IAG is one insurer I know that has stepped up.
Contractor Bookkeeping
JUNE 20, 2014
Go To Your Bank - And they offer you a line of credit. We strongly recommend a Subchapter S Corp (a Sub S) for tax advantages, protecting your personal assets in the event of a claim or lawsuit against your company and for future expansion. Bank Accounts - Set up two bank accounts in your company name. You say O.K.
Contractor Bookkeeping
JUNE 15, 2012
Go To Your Bank - And they offer you a line of credit. We strongly recommend a Subchapter S Corp (a Sub S) for tax advantages, protecting your personal assets in the event of a claim or lawsuit against your company and for future expansion. Bank Accounts - Set up two bank accounts in your company name. You say O.K.
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