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A Cash Flow Guide for Architects

Levelset

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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Proactive Contractors Use Lien Services To Protect Cash Flow

Contractor Bookkeeping

Proactive is scheduling and doing everything ahead of time. Those of you who want a predictable environment are employees working for a large employer where schedules are fixed, and they are doing the same things every day. Proactive versus reactive are the two methods of getting something done.

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Construction Site Theft: Impact and Prevention

Levelset

Materials, insurances, permits, payroll, and other typical costs are relatively simple to account for. Schedule delays. Schedule delays are some of the most damaging effects of construction site theft. Restricted cash flow. Learn more about cash flow in construction. Higher costs.

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Unique Tips To Reduce Construction Company Start Up Stress

Contractor Bookkeeping

Use Credit Cards - And supplier accounts to finance your new business and be very careful about what you buy. Bookkeeping Service - That understands construction is best when you start because we can setup QuickBooks correctly in the beginning and take care of the accounting until you are ready to take over. You say O.K.

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Construction Company Failure Root Causes

Contractor Bookkeeping

Cash flow issues kill contractors even though they have profit. Sales tax liens against contractors twenty two times higher than any other business. Sales tax liens against contractors twenty two times higher than any other business. Poor scheduling affects production and cash flow.

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We Reduce Construction Company Start Up Stress

Contractor Bookkeeping

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? Bank Accounts - Set up two bank accounts in your company name. All large income and expenses go through one account and keep the debit card in your personal safe. You say O.K.

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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. Maintain a fixed asset list with depreciation schedule. Enter banking transfers between checking and savings accounts. Enter Schedule of values for new jobs.