article thumbnail

Turbocharging Motown’s Recovery

Buisness Facilities Contributed Content

A few hours after the pixels for that post were hatched, Detroit announced it had become the largest city in history to file for bankruptcy protection. We are committed to helping make that future a reality,” the bank said, in an internal document acquired by The Detroit Free Press and posted online.

Detroit 49
article thumbnail

Unique Construction Company Financing Secrets Revealed

Contractor Bookkeeping

You Want Money; Banks Want To Lend Money, What''s The Problem? Multiply That By 100,000 And You Will Begin To Understand Why Banks Seem So Tight Fisted About Loaning Money. Banks stay in business is by loaning money and earning interest. Finally a Z-Score is compiled which is a formula for predicting bankruptcy.

Finance 48
professionals

Sign Up for our Newsletter

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

article thumbnail

Serious And Funny Construction Definitions Contractors Enjoy Reading

Contractor Bookkeeping

Aggravation Box - Computer with construction accounting software operated by a trainee. Bad Numbers - Lead to bad decisions / cash shrinks / business unstable / bankruptcy or failure. Bankruptcy - Result of saving money on bookkeeping and making decisions on garbage reports. Bid - A wild guess carried out to two decimal places.

article thumbnail

Bookkeeper Vs. Accountant Vs. C.P.A. For Your Construction Company

Contractor Bookkeeping

Their primary function is to read the incoming paperwork (electronic and hard copy) and follow a pre-determined set of rules and guidelines to put each transaction where it needs to go in QuickBooks or Xero Accounting Online depending on which accounting software the construction contractor is using. Bank Balance - Un-cleared Checks) = Cash.

article thumbnail

FAQ's About Outsourced Contractors Bookkeeping Services

Contractor Bookkeeping

Innovation Or Bankruptcy. What construction accounting software do you support? Why don''t you support other accounting software? We have taken steps to select the best of the best Intuit Approved Commercial Hosting Service to ensure that your data is as secure as that found for online banking and financial institutions.

FAQ 49
article thumbnail

Cover Story: 2014 Business Facilities – Metro And Global Rankings

Business Facilities

Traditionally known as the “Creative Capital of the South,” Baton Rouge has established itself as a thriving high-tech hub for IT/software development and digital media while continuing to be an attractive location for corporate headquarters, relocations and traditional manufacturing. The new tech center will provide IBM’s clients in the U.S.

Metro 111
article thumbnail

State by State Incentives Guide

Buisness Facilities Contributed Content

CAPCO financing, an alternative to conventional bank financing, can accommodate a slightly higher risk profile and provide a more flexible structure for growing businesses. Many small businesses that are not able to receive traditional bank financing can get support through CEF. CALIFORNIA – updated for 2014.

Income 108