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How to Increase Cash Flow for Your Construction Business When You Can’t Get the Financing You Need From the Bank

Levelset

Add in being denied a bank loan, and the frustrations mount. With your back against the wall, dipping into your personal bank account may feel like an easy solution. In this article, we’ll share five ways you can increase your cash flow when the bank denies you access to the money you need to start or grow your construction company.

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Starting And Operating A Small Construction Business On Limited Funds

Contractor Bookkeeping

Juggling existing financial commitments such as a mortgage or bank loan could put a squeeze on your business plans. Freelancers in all industries deal with the same problems due to the nature of their work. Practically, solo contractors manage every aspect of their business, but we are here to help you navigate it.

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Multiplex pips Mace to £500m BBC TV Centre phase 2

Construction Enquirer

Development managers Mitsui Fudosan and Stanhope picked Multiplex to start the next phase after its rival Mace completed the first phase of the vast scheme. Multiplex will act as construction manager on the £200m-plus job to deliver 345 flats in two blocks.

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You Risk Paying Twice When Sub-Contractors Don’t Pay Their Bills

Wolgast Corporation

On top of that, that they expect you, the owner, to guarantee to the Bank and the Title Company that the project will be lien-free during construction. These types of requests are common place in today’s world when an owner finances the construction of a building.

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Common Bookkeeping Pitfalls And The Value Of Outsourced Accounting

Contractor Bookkeeping

Although most construction company owners recognize the importance of careful financial management, few want to spend their time dealing with numbers. Avoid this pitfall by using a separate credit card and bank account for business, and being disciplined about separating expenditures.

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Your ENERGY STAR Score is About to Fall Precipitously

Green Building Law Update

Building owners that utilize ENERGY STAR Portfolio Manager will see a dramatic change in the 1 to 100 ENERGY STAR scores after August 26, 2018. This is a huge deal because EPA says that more than 40% of U.S. commercial building space is benchmarked in Portfolio Manager (versus less than 1% of U.S. You have 75 days to act.

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The Benefits Of Adapting To Technology For Your Construction Business

Contractor Bookkeeping

When you run your own contracting or trade business, your life involves many long days being on job sites while managing projects, staff, and clients. You can efficiently manage your projects, employees, finances, and records all through your computer or tablet, freeing you up to focus on your clients.