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How Inventory Control Saves Construction Teams Resources

Construction Business Owner

Take the time to sit down, review consumption over similar jobs, calculate what you really need, account for what you already have left over from previous jobs, and place a reasonable order at the right time. The better your inventory records are, the easier this process — and the more accurate your demand forecasting—will be.

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Monitoring Your Financial Position to Succeed in the Construction Industry

Viewpoint Construction Technology

In fact, there are numerous examples which show that irrespective of the hard work and precision which is put into place for each and every project, failure to pair this with an effective construction accounting and expense control strategy which drives back-end decision making, can be the difference between success and failure.

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A Guide to Making Winter Your Best Construction Season

Safety Services Company

This guide explores essential safety practices and certifications to equip construction teams for a secure and productive winter work season. From tracking weather forecasts to adhering to warming procedures, you should create a comprehensive plan to minimize risks associated with extreme weather conditions.

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Housing Prices Threaten the Federal Reserve's Inflation Outlook

Pro Builder

Forecasters predict elevated home prices to be a temporary reaction to the economy’s reopening after pandemic-related restrictions, but the Wall Street Journal says housing costs appear to be more persistent than expected. Housing Prices Threaten the Federal Reserve's Inflation Outlook. cbroderick. Tue, 08/10/2021 - 09:28.

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Contractors Online Accounting With QuickBooks Desktop Version

Contractor Bookkeeping

Online bookkeeping has several advantages: 24/7 Access to your accounting data. You do not own your accounting information which means as long as you are in their good graces you are O.K. 02 Qualified Accounting firm To Act As Liaison. Online Accounting Services Saves You Time And Stress. Automatic backup.

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Living in a Materials World

Viewpoint Construction Technology

Accounting for all of the materials tickets produced by aggregate and lumber haulers can be a challenge. After researching a solution to one of his most vulnerable time- and cost-sapping areas, Sanson found that using the Spectrum solution streamlined the flow of data into and out of accounting and billing departments.

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Types of Capital for Construction Businesses

Levelset

Businesses whose assets (like cash, accounts receivable, inventory, or materials) exceed the value of their liabilities (like wages, debts, vendor payments, or overhead costs) have working capital to use to maintain or grow. Publicly traded construction companies can secure a large influx of cash during an initial public offering (IPO).

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