Levelset
MARCH 21, 2022
Even though the insurance company isn’t your customer, the property owner may be depending on that insurance check to pay for your work. Meanwhile, you’re incurring expenses that drain your bank account, like purchasing materials and paying employees. 5 tips to manage cash flow on a restoration project.
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.
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Fieldwire
AUGUST 14, 2023
Construction is one of the hardest industries to manage cash flow in, with contractors often facing large up-front costs and frequent, long delays between expenses and payment. Retainage can cause a cash flow burden for contractors, especially subs at the bottom of the payment chain.
Construction Business Owner
MARCH 1, 2012
ACCOUNTING |. INSURANCE |. Accounting & Finance. Data Security in the Cloud » Collaborating on Cash flow. The topic of cash flow never seems to get old – after all, sustained negative cash flow often results in slashing budgets, personnel, and in the worst cases shutting down of a company.
Construction Business Owner
OCTOBER 26, 2011
ACCOUNTING |. INSURANCE |. Accounting & Finance. While there are numerous reasons to change software applications, there are two that regularly come up in our discussions with prospective clients: cash flow control and project cost control. Back to Cash Flow. STRATEGY |. MANAGEMENT |. SOFTWARE |.
Levelset
APRIL 1, 2022
Materials, insurances, permits, payroll, and other typical costs are relatively simple to account for. Luckily, there are insurance policies that will replace the cost of the stolen goods, such as builders risk insurance. Insurance claims. Restricted cash flow. Impact of construction site theft.
Construction Business Owner
AUGUST 18, 2011
ACCOUNTING |. INSURANCE |. Accounting & Finance. In a way, a surety bond is like insurance; it is a three-part agreement between the contractor, the organization requiring the bond (e.g. Tags accounting. accounting software. Construction Accounting Software. STRATEGY |. MANAGEMENT |. SOFTWARE |.
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