Contractor Bookkeeping

OCTOBER 18, 2013

If your bookkeeper is an employee and they have no equity interest in your company they do not have the same concern about your construction company''s cash flow and bottom line profit that you do because when it fails they can blame you for "Not knowing how to run a business" and go wreak havoc elsewhere.

Contractors 48

Contractors Bankruptcy Cash Flow Accounting 48

Levelset

JULY 19, 2022

As you get deeper into the process, you’ll get to tackle challenges with cash flow, marketing, hiring, and more. What kinds of jobs are they bidding on? Keep the cash flowing as smoothly as your paint. Here’s a little-known fact about growing a painting business: It can be incredibly cash-hungry.

Cash Flow 52

Cash Flow Accounting Profitability Residential 52

Levelset

JULY 15, 2022

As you get deeper into the process, you’ll get to tackle challenges with cash flow, marketing, hiring, and more. What kinds of jobs are they bidding on? Keep the cash flowing like current on a hot line. Here’s a little-known fact about growing an electrical business: It can be incredibly cash-hungry.

Electrical 52

Electrical Cash Flow Accounting Profitability 52

PSMJ Resources

JULY 10, 2013

With government clients, this term can reduce overhead, making your contract price more attractive. Also, by working overtime for private sector clients, you may be able to charge clients at your normal billing rate without incurring additional salary or overhead costs. Include a streamlined form of billing and payment.

Profitability 43

Profitability Contract Negotiation Debt 43

Construction Business Owner

OCTOBER 14, 2011

But I have been surprised at the number of contractors who tell me that they have bid for jobs at break-even or at a loss. All of a company’s overhead – office, management, and other costs – need to be rolled into the pricing. Change orders cost a company more than labor and materials. How do you handle your change order requests?

Change Orders 120

Change Orders Construction Software Software 120

Rory Woolsey

FEBRUARY 28, 2012

Knowing where the key project metrics such as time , costs, resources , and cash flow are relative to a datum (the project plan). A poor plan for time, costs, resources and cash flow is sometimes worse than no plan. Time schedules, resource schedules and cash flow plans all come from a well thought out cost estimate.

Estimating 40

Estimating Cash Flow Budgeting Budget 40

Construction Cost Estimating

APRIL 25, 2019

Sage facilitates you to produce bids rapidly, precisely and positively with takeoff and cost databases. As soon as the project is procured, estimate details flow automatically into Sage business management software, removing unnecessary tasks and data entry errors. Besides, customized reports can also be generated.

Bidding 40

Bidding Estimating Software Software 40

Contractor Bookkeeping

NOVEMBER 18, 2013

A lot of our contractor clients have needed an Accident Prevention Program to include with their bid submittal package and some of them have found this resource useful. And as always, we recommend you have any legal document reviewed by your attorney or legal counsel before using it. We hope you do too!

Accidents 48

Accidents Accounting Construction Profitability 48

Autodesk Construction Cloud

SEPTEMBER 1, 2022

They also include overhead costs such as insurance, mileage, a portion of your office rent. Traditionally, owners receive completed designs before taking in construction bids. Because there’s no competitive bidding phase, the final costs may be higher for the owner. That’s the cost part of the name. That’s the “plus.” .

Contract 98

Contract Maine Construction Agreement 98

Construction Cost Estimating

JUNE 22, 2010

The schedule is also utilized to track bids from original invitation or analysis during the hand over of the final bid. They are able to make adjustments instantly by rearranging the schedules and reduce hindrances and streamline a construction process.

Schedule 40

Schedule Cash Flow Construction Liability 40

Autodesk Construction Cloud

JANUARY 31, 2022

AEC firms should be ready to position themselves as leaders in using technology to meet the legislation’s goals when bidding for projects that will define the next generation of U.S. To that end, reducing risk, increasing productivity, margins and cash flow will be critical to the success of construction companies going forward.

Construction 97

Construction Autodesk BIM Modeling 97