Remove Accounting Remove Cash Flow Remove Insurance Remove Reference
article thumbnail

4 Factors Underwriters Consider When Issuing a Construction Bond

Levelset

As a part of your bond application, you will likely be asked to submit letters of reference from past suppliers, subcontractors, and others with whom you’ve worked in the past. You can calculate your working capital by adding your cash on hand with your accounts receivable that are under 90 days.

Risk 52
article thumbnail

Construction Business Owner Blogs

Construction Business Owner

ACCOUNTING |. INSURANCE |. Accounting & Finance. Tags accounting. accounting software. Construction Accounting Software. Tags: accounting , business , business owner , construction , software , stay hungry stay foolish , steve jobs. STRATEGY |. MANAGEMENT |. SOFTWARE |. MARKETING |. EQUIPMENT |.

professionals

Sign Up for our Newsletter

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

Trending Sources

article thumbnail

Construction Business Owner Blogs

Construction Business Owner

ACCOUNTING |. INSURANCE |. Accounting & Finance. Do they have the financial resources to complete a job; is their insurance up-to-date; how does their safety record look; what do their references say about their recent work; what experience do others in my company have with them? Tags accounting. STRATEGY |.

Bidding 150
article thumbnail

Construction Business Owner Blogs

Construction Business Owner

ACCOUNTING |. INSURANCE |. Accounting & Finance. Although this phrase refers to architecture, it still has a place in software architecture. Tags accounting. accounting software. Construction Accounting Software. STRATEGY |. MANAGEMENT |. SOFTWARE |. MARKETING |. EQUIPMENT |. General Management.

article thumbnail

Construction Business Owner Blogs

Construction Business Owner

ACCOUNTING |. INSURANCE |. Accounting & Finance. For those not familiar, a silo in business terminology refers to a part of a business operation that works in isolation from other parts of the business. Tags accounting. accounting software. Construction Accounting Software. STRATEGY |. MANAGEMENT |.

article thumbnail

Construction Business Owner Blogs

Construction Business Owner

ACCOUNTING |. INSURANCE |. Accounting & Finance. If you make multiple copies of every invoice coming into your office, you know what I’m referring to. Tags accounting. accounting software. Construction Accounting Software. STRATEGY |. MANAGEMENT |. SOFTWARE |. MARKETING |. EQUIPMENT |. Green Building.

article thumbnail

Professional Liability Insurance Explained

Levelset

Professional liability insurance provides contractors coverage from financial losses that happen as a result of their errors, mistakes, or negligence. In that case, professional liability insurance would generally provide the plumber with reimbursement for legal fees, settlements, and judgments.