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What Does Your Accounting System Say About Your Construction Business?

Contractor Bookkeeping

Studies found that alert employees have fewer accidents, which in turn reduces your cost of doing business and raises cash flow and profits. Proved to be a Win-Win for everyone.

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Essential Construction KPIs to Improve Profits and Productivity

Autodesk Construction Cloud

Below, let’s discuss the importance of construction KPIs and critical metrics your company should be measuring to affect profits and productivity. Similarly, although basic construction project metrics concern costs and time, profit isn’t the only performance issue to measure. Number of accidents per supplier. Key Takeaways.

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Free Customizable Construction Accident Prevention Programs

Contractor Bookkeeping

A lot of our contractor clients have needed an Accident Prevention Program to include with their bid submittal package and some of them have found this resource useful. The first one shown below offers a FREE template you can use to develop your own customized construction Accident Prevention Program. We hope you do too!

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The Startup Construction Business Checklist: 3 Important Documents You Need to Have

Construction Marketing

This article outlines three important documents that you’ll need in order to start and run a profitable business. Something as simple as a customer tripping over a hammer and hurting themselves could result in an accident claim – and without insurance, you could end up facing hefty fines and legal battles. Business Plan.

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Construction Business Owner Blogs

Construction Business Owner

And risk can be a profit center, since insurance companies obviously make money. They sponsor programs in communities or the larger market to encourage health, reduce traffic accidents, etc. With every project, no matter how big or small, there is always risk – risk of injury, financial responsibility, or quality assurance. foundation.

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Construction Business Owner Blogs

Construction Business Owner

I can say that the courts in most areas would hold at least the contractor liable for this accident and serious painful injury. In addition, it is in my opinion, that the city should also be held liable for this accident, for not adequately monitoring this jobsite for safety issues and violations. February 2009. January 2009.

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Construction Business Owner Blogs

Construction Business Owner

Fewer accidents also mean lower insurance premiums, which mean lower labor costs. The more accidents and safety violations you have on a job, the more the job is going to cost; and the last time I checked you can’t submit a change order just because your team got hurt on the job! ” Agreed! February 2009. January 2009. foundation.