Construction Business Owner
FEBRUARY 16, 2012
Bank lines of credit are lifelines for many contractors, yet convincing a bank to provide or renegotiate a line of credit is not easy. Building your case beforehand can certainly help and makes you look better in the eyes of the bank. Crunch the numbers – Banks like proactive business owners. change orders.
Contractor Bookkeeping
MAY 28, 2013
A customer is someone who treats everyone and everything as a commodity negotiates the lowest possible price, leaves nothing but bad feelings, squeezes every last ounce of value and withholds payment as long as possible. As soon as a wall was up or a floor was sheeted the home owner would want to change something.
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Contractor Bookkeeping
JUNE 20, 2014
Go To Your Bank - And they offer you a line of credit. Bank Accounts - Set up two bank accounts in your company name. The second bank account is for your debit card you keep in your wallet and has no more than $500 or whatever you need for small purchases during the week. It is a must have to borrow money from a bank.
Contractor Bookkeeping
JUNE 15, 2012
Go To Your Bank - And they offer you a line of credit. Bank Accounts - Set up two bank accounts in your company name. The second bank account is for your debit card you keep in your wallet and has no more than $500 or whatever you need for small purchases during the week. It is a must have to borrow money from a bank.
Contractor Bookkeeping
OCTOBER 4, 2013
Go to your bank and ask to speak with the commercial banker. Every bank has one and they can be one of your most powerful allies and mentors. The really good news they are on the banks payroll. How can you and the bank help me run my business more profitably? Cash flow issues kill contractors even though they have profit.
Contractor Bookkeeping
JANUARY 2, 2015
Did You Go To Your Bank - And they offered to give you a line of credit. Bank Accounts - Set up two bank accounts in your company name. The second bank account is for your debit card you keep in your wallet and has no more than $500 or whatever you need for small purchases during the week. This is getting very stressful.
Contractor Bookkeeping
MARCH 16, 2013
It seems like everyone is asking you to cut your prices, get everything for them at wholesale and does change orders for free. Now you are using it as an expensive check register that doesn't even match the bank statements. You will not tolerate hard-ball negotiators and who to squeeze every last dime from you.
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