Fieldwire

AUGUST 14, 2023

For many construction businesses, the retainage payment accounts for their entire profit margin on the project. It is governed by the contract, which means it’s part of the agreement between two parties. Mechanics lien laws have specific deadlines that contractors must follow. This can cause problems for a couple of reasons.

Contractors 98

Contractors Cash Flow Lien Negotiation 98

Contractor Bookkeeping

OCTOBER 4, 2013

There are a number of people who pass out advice on how to start a profitable construction company; however, very few have actually done it and fewer still had a clear understanding of where they were making or losing money and fewer yet have ever gotten past the point of owning a J.O.B. Education is the foundation for shifting paradigm.

Profitability 48

Profitability Construction Accounting Cash Flow 48

Contractor Bookkeeping

FEBRUARY 28, 2014

There Are Three Steps To The Contractor Paradigm Shift: #1 Unfreeze - Open the portals of your mind and be open to new ideas and test them to determine if they are in agreement with your core values. #2 Education is the foundation for shifting paradigm. Cash flow issues kill contractors even though they have profit.

Profitability 48

Profitability Contractors Cash Flow Accounting 48

Contractor Bookkeeping

JUNE 18, 2013

Three Steps To A Paradigm Shift: #1 Unfreeze - Being open to a new idea that is in agreement with your core values. #2 Education is the foundation for shifting paradigm. Cash flow issues kill contractors even though they have profit. Sales tax liens against contractors twenty two times higher than any other business.

Cash Flow 48

Cash Flow Construction Change Orders Contractors 48

Contractor Bookkeeping

JUNE 20, 2014

You do all the work they get half the profits and you politely refuse. Tax Advantages For LLC or a Sub S - The profit or loss from your business is passed through to the owners as normal income. No work should ever be performed based on verbal agreements. This is getting very stressful.

Insurance 48

Insurance Construction Accounting Claims 48

Contractor Bookkeeping

JANUARY 2, 2015

The idea was you would do all the work they would get half the profits and you politely refused, or not? Tax Advantages For LLC or a Sub S - If you do not setup your corporation correctly the profit or loss from your business will be passed through to the owners as normal income. 20% Of The Contractors Earn And Keep 80% Of The Profits.

Construction 48

Construction Insurance Accounting Claims 48

Buisness Facilities Contributed Content

APRIL 15, 2014

The allocation to each Public University which makes application shall be based on each Public University’s federally financed research and development expenditures as reported by the National Science Foundation. A business that applies for the exemption must enter into an agreement with the Governor of Alabama. The Research Program.

Income 108

Income Finance Zoning Employment 108