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2016 Insurance Market Forecast

Construction Business Owner

Like many businesses, the insurance industry is cyclical in nature. The insurance cycle is important to business owners because it directly impacts insurance premiums. As for insurance pricing today, Table 1 provides a historical picture of insurance industry rates calculated by MarketScout, with 2004 as the base year.

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Construction Business Owner Blogs

Construction Business Owner

INSURANCE |. This, after all, is the foundation of the insurance industry. And risk can be a profit center, since insurance companies obviously make money. So what do construction and insurance companies have in common? Well, consider the business model of the insurance industry. December 2011.

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Construction Business Owner Blogs

Construction Business Owner

INSURANCE |. Construction Business Owner Attends APWA 2011 Congress » Section 179, and what YOU need to know about it. While the circumstances may change for each unique situation, I can share a few basic facts about Section 179: 2011 Deduction Limit – $500,000 (up from $250k previously). December 2011.

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Construction Business Owner Blogs

Construction Business Owner

INSURANCE |. Healthy Competition » Free Webinar on Reducing Profit Fade. One problem that even the most savvy contractors deal with is profit fade, when a job continues to incur additional costs that are not factored into the estimate. Learn how better change order management and forecasting can help prevent profit fade.

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Construction Business Owner Blogs

Construction Business Owner

INSURANCE |. Querying different type of jobs in job costing to look at profitability by type. December 2011. November 2011. October 2011. September 2011. August 2011. April 2011. March 2011. February 2011. January 2011. STRATEGY |. MANAGEMENT |. ACCOUNTING |. SOFTWARE |.

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Construction Business Owner Blogs

Construction Business Owner

INSURANCE |. Customer Collaboration & Construction Software » Staying Focused in the Fight Against Profit Fade. There’s a name for these situations: “profit fade.” The profit you calculate when bidding a job can fluctuate dramatically as work progresses. STRATEGY |. MANAGEMENT |. ACCOUNTING |. SOFTWARE |.

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Construction Business Owner Blogs

Construction Business Owner

INSURANCE |. December 2011. November 2011. October 2011. September 2011. August 2011. April 2011. March 2011. February 2011. January 2011. STRATEGY |. MANAGEMENT |. ACCOUNTING |. SOFTWARE |. MARKETING |. EQUIPMENT |. General Management. Software & Technology. Accounting & Finance.