article thumbnail

Why Builders Wait to See Lower Lumber Prices

Pro Builder

Participants in the lumber supply chain have an incentive to maximize profit margins when prices are rising and to avoid absorbing losses when prices start to recede. In contrast to the dynamics of a falling-price environment, there is a much smaller lag for higher lumber prices to reach builders when market prices are increasing.

NAHB 98
article thumbnail

Keep Construction Office & Operations Teams Happy with These ERP & Financial Integrations  

Autodesk Construction Cloud

Until recently, software applications for managing the finances of construction paid little attention to anyone outside of the back office. Fortunately, integrations between project management solutions and ERP/financial systems are helping make managing finances, fieldwork, and everything in between much simpler.

Office 52
professionals

Sign Up for our Newsletter

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

article thumbnail

A Practical Guide to Construction Accounting Software

Autodesk Construction Cloud

But the latest innovations in construction project management software provide an exciting level of financial clarity—especially useful to connect project finances to accounting decision-makers. As a result, accurately managing milestones and finances throughout the life of a project—whether payables or receivables—can be challenging.

article thumbnail

New Hampshire Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

Department of Defense, Defense Logistics Agency, providing specialized assistance to businesses seeking assistance with contracting and subcontracting opportunities with the Department of Defense, other federal agencies or state and local governments. FINANCING & GRANTS. The carry forward is five years.

article thumbnail

Construction Business Owner Blogs

Construction Business Owner

Accounting & Finance. Once you pull up a job screen, you’ll instantly see all of the links related to that particular screen, such as vendors, subcontracts, and cost projections. MANAGEMENT |. ACCOUNTING |. SOFTWARE |. MARKETING |. INSURANCE |. EQUIPMENT |. General Management. Software & Technology. Construction Law. People Management.

article thumbnail

Construction Project Closeout

cnstrctr

[bctt tweet=”Having an effective construction financial closeout plan can help to eliminate risk, reduce the amount of time a project lingers and increase profit on a project. construction #finance #architecture #projects ” username=”cnstrctrdotcom”]. Many contracts have a warranty period.

article thumbnail

State by State Incentives Guide

Buisness Facilities Contributed Content

CAPCO financing, an alternative to conventional bank financing, can accommodate a slightly higher risk profile and provide a more flexible structure for growing businesses. Terms for both are normally 10-20 years and can finance up to 100% of the project costs. ALABAMA - updated for 2014. They are: The Renewal Program.

Income 108