Remove Change Orders Remove Finance Remove Legal Remove US
article thumbnail

Construction Business Owner Blogs

Construction Business Owner

Accounting & Finance. About Us Contact Us Advertise Press Releases Upload Artwork Via FTP -->. « A Change (Order) for the Better? Judging Tipis » Some Advice on Change Orders. As a former general contractor, I have a lot to say about the operations side of change orders.

article thumbnail

Construction Business Owner Blogs

Construction Business Owner

Accounting & Finance. About Us Contact Us Advertise Press Releases Upload Artwork Via FTP -->. Some Advice on Change Orders » A Change (Order) for the Better? Some Advice on Change Orders » A Change (Order) for the Better? The yacht is named “Change Order.”

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

5 Ways to Prepare for New Revenue Recognition Standards

Viewpoint Construction Technology

This first step should be pretty easy for most contractors, since legally-binding contracts are already part of their processes. In general, this means work that’s not integrated with the rest of a building, like change orders that increase the scope of a project outside of the initial contract, will be a separate performance obligation.

article thumbnail

Construction Business Owner Blogs

Construction Business Owner

Accounting & Finance. About Us Contact Us Advertise Press Releases Upload Artwork Via FTP -->. Legal language is often unclear, resulting in differences in interpretations that can disrupt and delay projects, increasing costs. Or have you done extra work that wasn’t covered by a change order? change orders.

article thumbnail

Construction Business Owner Blogs

Construction Business Owner

Accounting & Finance. About Us Contact Us Advertise Press Releases Upload Artwork Via FTP -->. 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. change orders. SOFTWARE |.

Banking 120
article thumbnail

Construction Business Owner Blogs

Construction Business Owner

Accounting & Finance. About Us Contact Us Advertise Press Releases Upload Artwork Via FTP -->. Good on new and used equipment, including software. All businesses that purchase, finance, and/or lease less than $2 million in new or used business equipment during tax year 2011 should qualify for the Section 179 Deduction.

article thumbnail

Construction Business Owner Blogs

Construction Business Owner

Accounting & Finance. About Us Contact Us Advertise Press Releases Upload Artwork Via FTP -->. Learn how better change order management and forecasting can help prevent profit fade. change orders. Home Contact Us About Us Subscribe Advertise Legal Disclaimer Site Map -->.

Cash Flow 120