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5 Ways to Prepare for New Revenue Recognition Standards

Viewpoint Construction Technology

When implemented properly, they offer improved cash flow and better accounting insight, which benefits contractors and customers. All of this should make the industry more streamlined in the way money flows and work gets done,” says Wayne Newitts, director of strategic partnerships at Viewpoint. Identify the Contract.

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Equipment Financing Means Flexible Solutions For Business Needs

Buisness Facilities Contributed Content

Sutton, CAE, President and CEO of the Equipment Leasing and Finance Association. That’s why it has never been more important for startups and small businesses to understand their options for financing the equipment needed to operate and grow their businesses. By William G. Key Benefits for Unique Business Needs.

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Prevailing Wages in Minnesota: What Contractors Should Know

Levelset

They are determined by the current rates in force at the time the project goes out for bid and are usually included in the bid and contract documents. Before taking on prevailing wage projects contractors need to make sure they have sufficient cash to pay their workers until the first payment comes in. Submitting prevailing wage forms.

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Prevailing Wages in Pennsylvania: What Contractors Need to Know

Levelset

The contracting authority provides bidders with the prevailing wage rates within the bid and contract documents. Higher labor costs can put a real crunch on your cash flow during a prevailing wage job. One solution is material financing. On-demand legal help you can afford. Prevailing wage penalties.

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Construction Business Owner Blogs

Construction Business Owner

Accounting & Finance. Data Security in the Cloud » Collaborating on Cash flow. The topic of cash flow never seems to get old – after all, sustained negative cash flow often results in slashing budgets, personnel, and in the worst cases shutting down of a company. MANAGEMENT |. ACCOUNTING |.

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Construction Business Owner Blogs

Construction Business Owner

Accounting & Finance. While there are numerous reasons to change software applications, there are two that regularly come up in our discussions with prospective clients: cash flow control and project cost control. Back to Cash Flow. MANAGEMENT |. ACCOUNTING |. SOFTWARE |. MARKETING |. INSURANCE |. EQUIPMENT |.

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Construction Business Owner Blogs

Construction Business Owner

Accounting & Finance. I would like to share the following tips to use before approaching the bank(s) or other financial institutions for additional financing, and some non-bank financing options. Many contractors negotiate payment due dates with their vendors to get themselves out of short-term cash binds. MANAGEMENT |.

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