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The upside of job costing: More accurate estimates means more money in the bank

Lets Build

In a recent study of self-identified business owners, accountants, bookkeepers, estimators, and finance managers within the construction industry, 1. Yet having at least some understanding of cost analysis isn’t just desirable—it’s necessary.

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A bank that doesn’t go far enough?

Construction Law

One thing that can be confidently said about the newly announced National Infrastructure Bank (NIB) is that it won’t be funding very much of the procurement of the UK’s national infrastructure. Adverse comparisons are being made with the scale of the European Investment Bank funding that has been lost post Brexit, which was some £5 Billion.

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How Brexit Will Affect The Construction Industry – Infographics

Lets Build

The UK remains uncertain of the full impact the EU referendum will have and how Brexit will actually affect the construction industry. Many businesses within the construction industry employ EU labour because it is cheaper. This was a huge benefit to the construction industry.

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Overcoming Your Most Common Construction Business Time Waster

Contractor Bookkeeping

If you're responsible for the bookkeeping and all the paper management (bills, receipts, estimates, invoices), you could be making errors that affect your decisions. Because of an incorrect decimal place, you may think that you have more money in the bank than you do.

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FMI Releases Q1-2013 Construction Outlook Report

Construction Business Owner

(April 5, 2013) – FMI, a provider of management consulting and investment banking to the engineering and construction industry, released its Q1-2013 Construction Outlook today.

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No Slowing Down for Home Improvement Projects and Sales

Pro Builder

According to MarketWatch, home improvement retailers Home Depot and Lowe’s have a 17% and 12% market share, respectively, and Bank of America predicts the two will continue to see gains. Bank of America also estimates 2020 home improvement sales and services reached $767 billion, making it the 20th largest economy in the world.

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Early estimates only part of the procurement problem

Construction Law

As we went to press a National Infrastructure Bank that will channel some £600bn of public and private sector money into capital projects over the next five years was due to be announced, which could prove an incentive for government to take action to ensure projects are delivered on time and within budget. Nick Barrett.