Levelset

AUGUST 4, 2022

However, like any other business, you need to maintain positive cash flow or you may find yourself unable to pay your workers and other expenses. Let’s take a look at the basics of cash flow and how architects can budget their expenses and forecast their income to stay in good financial standing. Cash flow basics.

Cash Flow 52

Cash Flow Budgeting Budget Forecasting 52

Levelset

JUNE 6, 2022

Construction projects rely on contractors completing the work they started and meeting the design intent. In an attempt to hold contractors accountable, many projects use retention holdbacks, also known as retainage. These holdbacks need to be accounted for by every party to a project: owner, general contractor, and subcontractor.

Accounting 98

Accounting ABC Banking Liability 98

Levelset

AUGUST 17, 2022

For architects and other design firms, the break-even point is ideally expressed as an hourly rate to help guide you when you’re setting your billing rates. Related: An architecture firm’s guide to cash flow. For example, let’s look at a two-person firm that includes a designer and an office manager. Break-even point.

Profitability 52

Profitability Lien Overhead Cash Flow 52

Contractor Bookkeeping

JUNE 20, 2014

Use Credit Cards - And supplier accounts to finance your new business and be very careful about what you buy. Partnerships Are The Only Ships - Designed to sink. Bank Accounts - Set up two bank accounts in your company name. Bank Accounts - Set up two bank accounts in your company name. You say O.K.

Insurance 48

Insurance Construction Accounting Claims 48

Contractor Bookkeeping

JANUARY 2, 2015

Did You Use Your Personal Credit Cards - And supplier accounts to finance your new business and perhaps you were not careful about what you bought? Partnerships Are The Only Ships - Designed to sink. Bank Accounts - Set up two bank accounts in your company name. Let us take care of your construction accounting.

Construction 48

Construction Insurance Accounting Claims 48

Contractor Bookkeeping

JUNE 15, 2012

Use Credit Cards - And supplier accounts to finance your new business and be very careful about what you buy. Partnerships Are The Only Ships - Designed to sink. Bank Accounts - Set up two bank accounts in your company name. Bank Accounts - Set up two bank accounts in your company name. You say O.K.

Contractors 48

Contractors Insurance Claims Lien 48

Autodesk Construction Cloud

DECEMBER 18, 2021

Equipment tracking software may be needed to account for all moveable equipment. Your designers, accountants, and managers all need to play a role in the closeout process. Facilitate this communication using connected construction software designed to enhance collaboration and closeout will be a breeze.

Change Orders 52

Change Orders Documentation Equipment Risk 52