article thumbnail

From Zero to Hero: Construction Risk Management

Safety Services Company

IS YOUR BUSINESS EFFECTIVELY PRIORITIZING CONSTRUCTION RISK MANAGEMENT? Truth be told, every industry involves risk. Whether the project involves a multi-million-dollar office building or a three-story apartment complex, there are several risks that need to be considered in order to ensure the success of any construction project.

Risk 62
article thumbnail

From Zero to Hero: Construction Risk Management

Safety Services Company

How Well Does Your Business Prioritize Construction Risk Management? Truth be told, every industry involves risk. Whether the project involves a multi-million-dollar office building or a three-story apartment complex, there are several risks that need to be considered in order to ensure the success of any construction project.

Risk 62
professionals

Sign Up for our Newsletter

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

article thumbnail

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

Construction Marketing

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. Your business plan should also identify potential risks that could result in cash flow problems. Business Plan. Legal Documents.

article thumbnail

Construction Business Owner Blogs

Construction Business Owner

Green Construction & Construction Software » The Business of Construction Risk Management. With every project, no matter how big or small, there is always riskrisk of injury, financial responsibility, or quality assurance. If you stop to think about it, it’s clear that risk carries a dollar value.

Risk 120
article thumbnail

A Plumbing Contractor’s Guide to Insurance Coverage

Levelset

Plumbing contractor’s insurance may help your business stay afloat if accidents or injuries occur on the job. Whether you are at fault or not in an accident, attorneys’ fees can take a big chunk out of your revenue. Even small disputes in the construction industry can have a negative impact on time and cash flow.

article thumbnail

Essential Construction KPIs to Improve Profits and Productivity

Autodesk Construction Cloud

A safer site incurs less risk and long-term costs. Number of accidents per supplier. The magazine points to “cash flow and receivables” as “backward-looking” or lagging financial indicators. These would be both financial and non-financial matters that can be quantified. Number of safety meetings/communications.

article thumbnail

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. The second mortgage, long-term, fixed-rate financing allows banks to participate in business expansion by reducing risk exposure.

Income 75