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Restoration: How to Manage Cash Flow While Waiting for an Insurance Check

Levelset

To cover these expenses, restoration contractors need to manage their cash flow to ensure they have enough money in the bank — especially when the insurance company is dragging their feet. Poor cash flow management is the number one reason why construction businesses fail. Plan out your cash flow.

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Contractors Need KPI Not Get-Me-By

Contractor Bookkeeping

Between regulations, economic uncertainty, and other outside forces; always a learning curve. Being in your own business can be the best time in your life. Alternatively, the worst time! No one starts a business, especially a contracting business, and have it rolling perfectly with a profit every step of the way.

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Construction Law: May 2024

Construction Law

Legislation state of play table Our regular update on the progress of regulations and legislation affecting construction and procurement compiled by Alignment Media. Guest Editor Barry Hembling of Watson Farley & Williams LLP asks whether the updates are keeping pace with fast moving developments in construction law?

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Construction Business Owner Blogs

Construction Business Owner

Compliance/Regulations. 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. General Management.

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Construction quality management: Everything you need to know

Lets Build

It’s a curious paradox that few industries are as tightly regulated and controlled as the construction sector, yet at the same time, few industries are as vulnerable to unexpected events. If it’s a new situation, it may be necessary to devise workarounds to issues as diverse as legal risks, worker training, or cash flow concerns.

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Construction Business Owner Blogs

Construction Business Owner

Compliance/Regulations. 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. General Management. Software & Technology. Accounting & Finance. Green Building.

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Business Intelligence for Construction is On the Rise & It’s Obvious Why Contractors are Loving It

Viewpoint Construction Technology

Each project carries a significant amount of risk including countless safety issues, stringent regulations or contractual obligations, weather delays, lack of qualified labor, subcontractor performance and inconsistent cash flows, just to name a few. There has to be a better way!