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Viewpoint: The Case for Neutral, Third-Party Schedulers | ENR.

ENR Construction

Banking & Credit Crisis. --> Companies. Survey Schedule. Viewpoint: The Case for Neutral, Third-Party Schedulers. Website of PKR Consulting Inc. -- Advertising --. I was recently asked to participate in a debate on scheduling specifications at Stanford University. Gulf Oil Spill. -->. Building Types. Associations.

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Common Types of Construction Contracts And Their Use

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Under a lump sum contract the consultants are typically engaged by the owner and the contractor falls under a separate contract with the owner. The contract is typically governed by the prime consultant. The major difference however, is that the contractor engages the consultants and provides a complete proposal to an owner.

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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. Hopefully you have gained some insights to the banking, lending and bonding industry.

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Unique QuickBooks Setup For Contractors

Contractor Bookkeeping

Chart of Accounts Customer Checks Returned From Bank. Insurance Audit Support (Business Consulting And Accounting Office). Bank Reconciliations. Your company Schedule of Values. Schedule of Values For Job Costing. QuickBooks Default Schedule of Values. Fixed List Of Your company Schedule of Values.

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Outsourcing Contractor Bookkeeping Services Vs. Jobs

Contractor Bookkeeping

For example, bank and credit card account reconciliations in QuickBooks are what help maintain the accuracy and integrity of your Financial and Job Costing Reports. That person might make $15 dollars an hour and by the time you add overhead for labor burden they cost your construction company $25.29 an hour X 2 hours = $50.58

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Service Agreements Can Improve Contractors Cash Flow And Profits

Contractor Bookkeeping

This means you will send a plumbing drain technician to clean the main drain of the restaurant four times a year at a cost to your company of $75 for labor and overhead each = $300. Successful contractors put the cash in another interest bearing bank account and do not transfer any of it until the work is performed. Five Benefits. #1

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Unique Tips For Managing Cash Flow In Your Contracting Company

Contractor Bookkeeping

Outflows for your Construction Company are generally the result of paying labor, material, other direct and indirect costs of goods sold and overhead expenses. For optimum cash flow management, examine your payables schedule and in some cases you may be able to earn 36% Return On Investment from your accounts payable.