Construction Business Owner

JUNE 29, 2012

Public Exposure and Liability on Construction Sites » Better Project Management through Better Communication. Consider these three vital areas: Construction Project Documents: How do you move documents through your organization? Public Exposure and Liability on Construction Sites. change orders. Recent Posts.

Construction 136

Construction Documentation Software Software 136

Autodesk Construction Cloud

FEBRUARY 1, 2022

While a project’s ultimate goal is a successful completion, the steps it takes to get there are critical to profits and project’s life cycle. During this process, consider how much wiggle room is available for change orders, most likely an inevitable occurrence once a project is underway and can be costly if not well planned.

Risk 52

Risk Schedule Design Budgeting 52

Construction Business Owner

AUGUST 18, 2011

In a way, a surety bond is like insurance; it is a three-part agreement between the contractor, the organization requiring the bond (e.g. Public Exposure and Liability on Construction Sites. change orders. So let’s talk bonding. Many State and Federal projects require a contractor to be bonded. Wally Evans Blog.

Cash Flow 169

Cash Flow Software Software Accounting 169

Construction Business Owner

JUNE 1, 2012

From my own experience running an organization, I’ve found that there are a few fundamental approaches to internal communication and information sharing. Public Exposure and Liability on Construction Sites. change orders. But how do you connect and disseminate this information to the people in your company? Recent Posts.

Construction 120

Construction Software Software Accounting 120

Construction Business Owner

FEBRUARY 2, 2012

Do you have a process for organizing, storing and attaching all supporting documentation for an issue? Public Exposure and Liability on Construction Sites. change orders. A lot of contractors track these issues in an Excel spreadsheet, which is great, but takes time and energy to keep current. Wally Evans Blog.

Construction 120

Construction Software Software Documentation 120

Construction Business Owner

MARCH 6, 2011

I would challenge you to create simple models that allow you to give your own organization random “stress” tests. Public Exposure and Liability on Construction Sites. change orders. I would challenge each of you to examine the basic assumptions that you make about your businesses. Wally Evans Blog. foundation.

Construction 120

Construction Software Software Accounting 120

Contractor Bookkeeping

JUNE 20, 2014

You do all the work they get half the profits and you politely refuse. Get Organized - Pick a company name that says something about what you are doing. Tax Advantages For LLC or a Sub S - The profit or loss from your business is passed through to the owners as normal income. This is getting very stressful. in done correctly.

Insurance 48

Insurance Construction Accounting Claims 48

Construction Business Owner

JANUARY 4, 2011

We needed it to promote the science of building and thinking of buildings as a complex organism, not just a few pieces stuck together. Not to double digit profit growth and sales increases, but to a more sustainable, long term path. Public Exposure and Liability on Construction Sites. change orders. Recent Posts.

Construction 120

Construction Software Software US 120

Contractor Bookkeeping

JUNE 15, 2012

You do all the work they get half the profits and you politely refuse. Get Organized - Pick a company name that says something about what you are doing. Tax Advantages For LLC or a Sub S - The profit or loss from your business is passed through to the owners as normal income. This is getting very stressful. in done correctly.

Contractors 48

Contractors Insurance Claims Lien 48

Contractor Bookkeeping

JANUARY 2, 2015

The idea was you would do all the work they would get half the profits and you politely refused, or not? Get Organized - We strongly recommend a Subchapter S-Corp for tax advantages, protecting your personal assets in the event of a claim or lawsuit against your company and for future expansion. This is getting very stressful.

Construction 48

Construction Insurance Accounting Claims 48

Construction Business Owner

NOVEMBER 10, 2011

Taking these small steps within your organization can mean the difference between life and death. Public Exposure and Liability on Construction Sites. change orders. What kinds of practices keep you and your crew safe on a daily basis? I hope you enjoyed David’s blog this week. dexterchaney.com. Wally Evans Blog.

Construction 120

Construction Software Software Safety 120

Fieldwire

JANUARY 16, 2024

A rapidly changing landscape means employing numerous strategies to get the job done to your client’s satisfaction. What should you know to maximize your profits and grow your business? You must apprise crews of changing client needs and ensure they have adequate time and resources to complete the work as specified.

Project Management 52

Project Management Management Construction Life Cycle 52

Contractor Bookkeeping

JANUARY 6, 2014

Have Change Orders. Xero Accounting Online will have updated your Sales Report, Profit & Loss Report, Balance Sheet Report and a lot more reports before you finished reading this sentence. Set up your organization in Xero Accounting Online. Profit & Loss statement anytime YOU want it! Need Work-In-Progress.

Accounting 50

Accounting Contractors Work in Progress Banking 50

Contractor Bookkeeping

MAY 16, 2014

Go deeper ask about how they handle Work-In-Process (WIP), Retention, Job Deposits, Maintenance Agreement Tracking, Change Order Tracking, Payment Applications. This is never a good idea on so many levels, not just the liability exposure of someone injuring themselves on your property and you being liable.

Contractors 48

Contractors Accounting Office US 48

Construction Business Owner

JANUARY 10, 2012

As fortune would have it, this person was an incredibly good manager and truly organized our daily processes. Public Exposure and Liability on Construction Sites. change orders. Create a plan that makes sense. In the mid 1990’s when my company was growing, I hired a president. Wally Evans Blog. Recent Posts. foundation.

Construction 175

Construction Software Software Accounting 175

Construction Business Owner

JUNE 8, 2011

If you haven’t already done so, now is the time to hone your processes to the point where you are making profit on even small projects. In this particular metaphor, I would much rather your organizations behave like the lion than the caribou. Public Exposure and Liability on Construction Sites. change orders.

Construction 120

Construction Software Software Equity 120

Construction Business Owner

MAY 11, 2011

If you haven’t already done so, now is the time to hone your processes to the point where you are making profit on even small projects. In this particular metaphor, I would much rather your organizations behave like the lion than the caribou. Public Exposure and Liability on Construction Sites. change orders.

Construction 120

Construction Software Software Equity 120

Construction Business Owner

JANUARY 30, 2011

Rather than the Hatfields and the McCoy’s, our relationships with architects, engineers and designers may very well be the life’s blood of our organizations. Public Exposure and Liability on Construction Sites. change orders. Treat those relationships well. You can follow any responses to this entry through the RSS 2.0

Contractors 120

Contractors Design Software Software 120