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Unique Tips For Managing Cash Flow In Your Contracting Company

Contractor Bookkeeping

Cash flow is the lifeblood of any construction company and especially the ones with annual sales volume under $1,000,000. Some construction Company experts even say that a healthy cash flow is more important than your contracting company''s ability to complete projects! What Makes Up Your Construction Company Cash Flow?

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Service Agreements Can Improve Contractors Cash Flow And Profits

Contractor Bookkeeping

In the meantime, service agreement customers are a source of cash flow and are predetermined to call you instead of your competition when repairs are necessary. Keep The Service Agreement Cash Separate. One of the best parts is you have an immediate increase in cash flow.

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9 Tips for Starting an Architecture Firm

Levelset

We spoke with Lucas Gray , a business consultant for architects with Charette Venture Group, to share advice to get started. Pay close attention to cash flow. Architects live or die by their ability to manage cash flow — it’s the primary reason why businesses in the construction industry fail.

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Advice for Home Builders Navigating a Market in Flux

Pro Builder

The analysis is a representative sample of responses from companies involved with Builder Partnerships’ rebate program, Home Builder University training programs, and clients of Shinn Consulting. As a housing consultancy, we prefer that the cost of sales represents 70% or less of sales revenue. Banks can get into trouble, too.

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Washington State Department of Revenue Sending E-Mail To Contractors

Contractor Bookkeeping

A new message regarding a change to the Department of Revenue''s banking information is waiting in your Secure Messaging Inbox regarding your account. On July 1, 2014, the Department''s bank account will move from Bank of America to US Bank. You may see a change in the payment description on your bank statement.

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Equipment Financing Means Flexible Solutions For Business Needs

Buisness Facilities Contributed Content

This makes equipment finance a perfect fit for startups and small businesses, both of which may have trouble getting traditional bank loans. There are many funding sources—leasing companies and banks—that are looking to lend because they have the cash available to deploy. Meet the business’s equipment needs.

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Contractors Are Not Bankers!

Contractor Bookkeeping

You Are Not A Bank - Never lend money to a customer in the form of providing a lot of labor, material, subcontractors and rental equipment hoping to get paid later on down the road. McDonalds Restaurants Earns - Massive profits and part of the reason is cash flow. Your Money Goes To Your Bank In An Electronic Armored Car.