Remove Accounting Remove Banking Remove Lien Remove Overhead
article thumbnail

How to Avoid Running Out of Cash on a Construction Project

Levelset

In this article, we’ll explore some strategies to help you keep money in the bank. Otherwise, you could be overdrawn on your account. You can save your existing cash reserves to cover payroll and overhead costs, and the extended repayment terms ensures that you’ll have project income in the bank when the bill comes due.

article thumbnail

Contractor's Secretary Does Everything Including Bookkeeping!

Contractor Bookkeeping

Sending the Notice to Owner of Intent To Lien to protect my financial interests. Maintain and update vendor list with contact information, account numbers and terms. Enter banking transactions including EFT, ACH, NSF, checks, debits and automatic payments. Enter banking transfers between checking and savings accounts.

professionals

Sign Up for our Newsletter

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

article thumbnail

How to Start a Roofing Business: 9 Tips to Grow & Thrive

Levelset

Obtain a business bank account and any software or staff you’ll need for accounting and bookkeeping. It’s important to keep your business’ finances separate from your personal accounts. New businesses can leverage technology, automation, and lower overhead costs to compete with existing businesses.

article thumbnail

How to Start a Plumbing Business: 9 Tips for Growth

Levelset

Obtain a business bank account and any software or staff you’ll need for accounting and bookkeeping. It’s important to keep your business’ finances separate from your personal accounts. If you have an accountant, work with them to create a real-time view of your cash flow that you can check at any time.

article thumbnail

How to Start a Painting Business: 9 Keys to Growth & Success

Levelset

Obtain a business bank account and any software or staff you’ll need for accounting and bookkeeping. It’s important to keep your business’ finances separate from your personal accounts. If you have an accountant, work with them to create a real-time view of your cash flow that you can check at any time.

article thumbnail

How to Start an Electrical Business: 9 Tips for Growth

Levelset

Obtain a business bank account and any software or staff you’ll need for accounting and bookkeeping. It’s important to keep your business’ finances separate from your personal accounts. If you have an accountant, work with them to create a real-time view of your cash flow that you can check any time.

article thumbnail

A Primer on MasterFormat & Improving Construction Project Collaboration

Building Information Management

00 61 16 Lien Bond Form. Affidavit of Release of Liens Form. 00 61 16 Lien Bond Form. Affidavit of Release of Liens Form. 08 33 23 Overhead Coiling Doors. Overhead Rapid Coiling Doors. 08 33 26 Overhead Coiling Grilles. 08 33 43 Overhead Coiling Smoke Curtains. Project Delivery. Sales Tax Form.