Construction Business Owner

FEBRUARY 15, 2021

Mon, 02/15/2021 - 22:38. I often tell business owners that QuickBooks is a software program, not a substitute for an accountant or experienced bookkeeper. In fact, using the software without some understanding of accounting can be more difficult and more hazardous than you would think — it’s not just a push of a button.

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Construction Business Owner

FEBRUARY 12, 2021

Fri, 02/12/2021 - 07:32. The best way to move forward is to take time examining your financial options—it will benefit your bank account in the short and long term. As you consider the jobs you have booked in 2021 and the equipment you will need, now is a good time to consider your payment choices. Elizabeth Manning.

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Leases Equipment Banking Accounting 315

Pro Builder

APRIL 21, 2021

Home Building Accounts for Nearly 3% of U.S. Wed, 04/21/2021 - 09:06. employed civilian labor force, residential construction workers accounted for 2.8% employed civilian labor force, residential construction workers accounted for 2.8% In Florida, residential construction workers account for a relatively high 4.3%

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Pro Builder

MARCH 22, 2022

Property Tax Collections Remained Stable in 2021. A steady stream of property taxes accounted for the largest share of state and local revenue throughout 2021. billion in taxes paid by property owners at the close of Q4 2021, a 1% quarterly increase after a 0.6% Property taxes accounted for 36.2% decline in Q3.

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Income NAHB Accounting Finance 52

Construction Business Owner

AUGUST 24, 2021

Tue, 08/24/2021 - 15:46. Although 2021 projections are looking up, this unprecedented economic situation put many contractors in a tough spot, with uncertain financials making them only eligible for more expensive nonsurety bonds. Accounting & Finance. 5 Tips for Moving From Nonstandard to Standard Surety. Greg Ragsdale.

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Finance Accounting Maine Concrete 294

Pro Builder

MAY 25, 2021

Rental Construction Accounts for 96% of Multifamily Starts. Tue, 05/25/2021 - 09:22. Multifamily rental construction starts remained at historic highs during the first quarter of 2021, with for-sale units making up just 4% of total multifamily starts. Rental construction accounted for 96% of multifamily starts last quarter.

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Accounting Construction 52

Construction Business Owner

JANUARY 20, 2021

Wed, 01/20/2021 - 16:35. In fact, residential construction in the suburbs accounted for 75% of total construction at the time. A Look Back at 75 Years of the Backhoe Loader. Elizabeth Manning. The post-World War II era was one of enormous innovation and economic growth. million homes built from 1946 to 1948.

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Residential America Accounting Innovation 335

Construction Business Owner

MARCH 3, 2021

Wed, 03/03/2021 - 16:26. For example, the Construction Disconnected report in 2018 stated that poor communication is responsible for 48% of all rework, accounting for $31 billion in costs that year alone. Connecting the Dots: How to Avoid Information & Technology Silos. Alex Headley.

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DOT Accounting Construction 296

Pro Builder

SEPTEMBER 14, 2021

Women Now Account for 10.9% Tue, 09/14/2021 - 09:56. from 2019 to 2020, now accounting for 10.9% from 2019 to 2020, now accounting for 10.9% of the Construction Workforce. cbroderick. Addressing the skilled labor shortage means attracting more workers and diversifying outreach. of the construction workforce.

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Accounting Construction Office Employment 59

Autodesk Construction Cloud

JULY 20, 2021

2020 was a major transition period for construction, but 2021 is arguably an even more pivotal year for the industry. . If the previous year was all about adopting new tools and ways of doing things, 2021 is one that’s focused on applying the lessons and solutions we picked up in 2020 and figuring out how they fit into today’s new normal. .

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Pro Builder

MARCH 24, 2022

Property Taxes Made Up the Largest Share of State and Local Tax Receipts in 2021. Property taxes accounted for $672.5 billion in state and local tax receipts throughout 2021. Property taxes accounted for 36.2% of state and local tax receipts from the fourth quarter of 2020 to the final quarter of 2021 for a whopping $672.5

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Income Accounting Finance Housing 52

Pro Builder

JANUARY 19, 2022

November 2021 Records High Share of Single-Family Permits. Year-to-date (YTD) single-family permits saw major gains over the first eleven months of 2021—here are the regions with the most growth. percent between November 2020 YTD and November 2021 YTD. Wed, 01/19/2022 - 10:22. from 2,782 to 1,454. from 2,782 to 1,454.

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Pro Builder

JANUARY 8, 2021

Online Leads Account for 51% of Home Builder Sales. Fri, 01/08/2021 - 09:47. cbroderick. Online sales growth for the past five years signals buyer preferences were already changing, but the pandemic helped accelerate the trend toward online sales.

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Accounting Consulting Risk Management 59

Construction Junkie

JANUARY 18, 2021

Effective January 15, 2021, OSHA has officially increased maximum allowable penalties by 1.182%, a decrease from 2020’s increase of 1.78%. The Department will ensure that firms with safety and health violations are held accountable and pay their debts to the United States Government.".

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OSHA Debt Injury United States 71

Construction Today

JULY 17, 2023

There are many deeply held misconceptions and stigmas surrounding mobile construction, which could, in part, account for why modular construction’s overall market share of the construction industry was 5.5 percent in 2021, despite its speed, versatility, quality, and environmentally friendly benefits.

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Mobility Accounting Construction Industrial 90

Construction Law

DECEMBER 18, 2023

The Government has been declared unable to demonstrate whether value for money is being achieved across procurements totalling £259 Billion in 2021-22 by the Public Accounts Committee (PAC). To read more of this and every other news story on this site, please log in with your Construction Law membership account details.

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Procurement Accounting News Site 52

Pro Builder

OCTOBER 6, 2021

How Long Did It Take to Be a Home Owner in 2021? Wed, 10/06/2021 - 10:43. in the second quarter of 2021, which is slightly higher than pre-COVID-19 rates. . cities, accounting for either a 10% or 20% down payment on the median valued home in each place. . in the second quarter of 2020, up from 64.1% from a year before.

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Wichita Cleveland Omaha Ohio 52

Contractor Bookkeeping

DECEMBER 31, 2021

It’s been another excellent year for Fast Easy Accounting. As we look back on our 2021, I hope your fondest memories will include the time you’ve spent with all the things you love and are passionate about.

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Accounting US Contractors Resource 95

Autodesk Construction Cloud

DECEMBER 29, 2021

As the end of 2021 fast approaches, we have begun to look back on another challenging – but exciting – 12 months in construction. . Despite this, 2021 also demonstrated that layering product and solutions on top of each other without a clear strategy can lead to systems fatigue for end-users.”.

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Construction Autodesk Industrial Risk 52

Levelset

JUNE 29, 2022

In this article, we’ll look at the top 10 violations found during OSHA inspections in 2021, the cost of OSHA violations, and how to prevent them. According to BLS data, falls accounted for more than 1 in 3 jobsite fatalities in 2019. On a large commercial project, the accounting team may not bat an eye.

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OSHA Inspections Construction Safety 52

ENR Construction

NOVEMBER 10, 2021

T he International Energy Agency projects that electric vehicles will account for more than 15% of U.S. car sales by 2030, and the number of publicly-available EV chargers will rise that year to more than 800,000, from 98,981 in 2020.

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Accounting Electrical 69

Pro Builder

MAY 17, 2021

Mon, 05/17/2021 - 09:29. year-over-year increase in single-family construction permits during the first three months of 2021 shows home builders will soon ramp up construction to meet buyer demand. The 10 states issuing the highest number of single-family permits combined accounted for 62.8% cbroderick. from 20 to 80.

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Pro Builder

AUGUST 17, 2021

Tue, 08/17/2021 - 09:50. Between June 2020 YTD and June 2021 YTD, all 50 states and the District of Columbia saw growth in single-family permits issued. The 10 states issuing the highest number of single-family permits combined accounted for 62.2% Single-Family, Multifamily Permits Continue to Increase. cbroderick. This is 22.9%

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Permits District of Columbia New Mexico Connecticut 98

Construction Enquirer

MAY 2, 2023

Latest accounts for Norstead show it made a net profit of £133,000 from a turnover of £20.3m FRP said Norstead was hit hard by the failure of Metnor, which was its biggest customer, the withdrawal of a major funder and increases in material costs.

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Contractors Debt Profitability Accounting 85

Pro Builder

FEBRUARY 6, 2023

was 40 years in 2021, the oldest supply on record. Roughly 35% of all owner-occupied homes in 2021 were built before 1970, while a little less than half were built before 1980. million units to the national stock from 2010 to 2021, accounting for just 10% of all owner-occupied housing inventory in 2021.

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Housing Inventory NAHB Remodeling 52

Pro Builder

DECEMBER 28, 2021

Tue, 12/28/2021 - 10:24. Conforming loan limits will increase in about 100 pricey housing markets as 2021 comes to a close. Across most housing markets, loan limits for conforming loans acquired by Fannie Mae and Freddie Mac will increase from $548,250 to $647,200 in 2020, a $98,950 increase to account for changes in home prices.

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Finance United States Housing Washington 95

Pro Builder

NOVEMBER 1, 2021

She writes feature articles, contributes HorizonTV videos, manages social media accounts, and produces e-newsletters for all three brands. Layne is a 2021 graduate of Pennsylvania State University. Mon, 11/01/2021 - 13:04. Layne Deakins is the associate editor for Pro Builder, PRODUCTS , and Custom Builder.

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Pennsylvania Accounting Products Management 52

Construction Enquirer

MAY 3, 2023

Accounts show that the company owed £4.4m to trade creditors at the end of the 2021/22 financial year. Latest results for the firm for the year to March 31 2022 show a pre-tax profit of £790,000 from a turnover of £43.5m with 31 staff working at the company.

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Debt Construction Negotiation Forecasting 103

ENR Construction

DECEMBER 21, 2020

trillion measure has mostly small boosts or cutbacks for construction accounts in 2021.

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Accounting Construction 87

Autodesk Construction Cloud

JUNE 21, 2021

Meetings between stakeholders are essential in any project, and during these sessions, someone always needs to take notes to help ensure that stakeholders stay aligned and accountable throughout the entire project. The post 4 Construction Meetups to Attend This Summer (2021) appeared first on Digital Builder. See you there!

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Pro Builder

JULY 11, 2022

Elevated lumber prices in 2021 were an early harbinger of rising inflation and major economic changes, and as prices now fall, experts are gearing up for another transformative period ahead. In May 2021, lumber prices reached a record $1,607 per thousand board feet, sounding the first alarms about an inflationary shift in the U.S.

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Contract Housing Accounting Materials 97

Autodesk Construction Cloud

SEPTEMBER 9, 2021

If you haven’t heard, registration for Autodesk University 2021 (AU) is now open! AU 2021 has been crafted to help you connect your processes, automate workflows, and unlock highly valuable insights—all of which give you significantly more confidence in decision-making. How you can establish clear accountability across teams.

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Construction Enquirer

AUGUST 23, 2023

” He added that the financial position of each of these contracts was reviewed at the year end with full provision made in the accounts for all future losses. Seddon added that the firm still had a strong balance sheet with net assets of £22m (2021: £34m) and a year-end cash balance of £5m (2021: £8m).

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Feasibility Contract Negotiation Profitability 71

Construction Enquirer

JUNE 18, 2023

Companies House records show Empire Properties Concepts Limited was registered in June 2021 and has posted only accounts for a dormant company since then showing £100 in the bank. It adds that Empire is a trading name of Empire Properties Concepts Limited.

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Banking Debt Residential Metro 100

Construction Enquirer

MAY 23, 2023

Management accounts to December 31 2021 showed a turnover of £17m generating a net profit of £177,000. MEC specialised in small to medium projects within the M25 across heritage, residential, commercial, healthcare and schools sectors with revenue peaking at around £23m before covid.

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Debt Leases Liability Profitability 79

Pro Builder

FEBRUARY 11, 2021

Thu, 02/11/2021 - 09:22. I learned from one of our Pro Builder stories that even an Arizona home builder, if he’s constructing a crawlspace or closed in space above the desert floor, he’s going to have to account for moisture content—as little as it is—in that soil,” says Beirne. cbroderick. Some baked sourdough bread.

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Management Arizona Accounting Construction 105

Pro Builder

MAY 25, 2023

In December 2022, investors who typically rent out properties accounted for 8.2% in February 2022 but slightly higher than December 2021, according to Realtor.com's Spring 2023 Investor Report, which focused on investors who purchase property to hold and rent out, rather than home flippers.

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Residential Finance Accounting Housing 98