Construction Business Owner

MAY 30, 2013

A common trait of successful construction companies is the ability to manage risk and minimize the effects of uncontrollable conditions. So, many businesses, construction and otherwise, develop financing relationships beyond banks to add stability to their operations.'

Leases 136

Leases Banking Finance Risk 136

Pro Builder

JUNE 6, 2022

15 Management Systems to Help You Avoid the High-Speed Wobbles. But with that rapid growth come what I call “high-speed wobbles”—unsteadiness caused by lack of the management processes and systems needed to keep pace. Mon, 06/06/2022 - 07:00. Chuck Shinn. . Rising From the Ashes of the Great Recession.

Management 52

Management Cash Flow Profitability Schedule 52

Construction Business Owner

FEBRUARY 16, 2012

MANAGEMENT |. General Management. Accounting & Finance. People Management. Equipment Management. Bank lines of credit are lifelines for many contractors, yet convincing a bank to provide or renegotiate a line of credit is not easy. Crunch the numbers – Banks like proactive business owners.

Banking 120

Banking Construction Cash Flow Finance 120

Contractor Bookkeeping

AUGUST 6, 2014

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. The Risk Management Association (RMA). A Bit Of History Helps With Understanding.

Finance 48

Finance Accounting Construction Banking 48

Levelset

JULY 25, 2022

Construction companies need to know the differences between the three types of capital and why each one is useful for managing and growing a business. Because payment for construction jobs may be weeks or months after work is already completed, companies must manage their finances carefully to maintain cash reserves for taking on new jobs.

Debt 97

Debt Cash Flow Equity Finance 97

Pro Builder

JANUARY 31, 2023

Chart: courtesy Shinn Builder Partnerships Operating Costs The 2021 report also revealed that home builder operating expenses—consisting of indirect construction costs, financing expenses, sales and marketing expenses, and general and administrative expenses—averaged just 14.2%, which is low based on historical averages of about 18%.

Inventory 98

Inventory Housing Profitability Cash Flow 98

Constructonomics

FEBRUARY 4, 2013

Noelle Hirsch is a regular contributing researcher and writer for the online construction management site, [link]. In today’s post, she delves into the timely topic of integrating efficient construction management and LEED certifications into building practices to lower operating costs and reduce energy use.

Certification 122

Certification Management Green Construction 122

Pro Builder

OCTOBER 12, 2022

It helps lenders assess whether you’re qualified for the loan amount you’re requesting and if you’ve been good at managing your company’s finances. 15 Management Systems to Help You Avoid the High-Speed Wobbles. This will show potential lenders that you are keeping track of your finances and are a responsible business owner.

Debt 52

Debt Finance Risk Bankruptcy 52

Pro Builder

JUNE 12, 2020

How Just-in-Time Land Deals Help Manage Cash Flow. The home building industry has historically benefited from advancements in building materials, technological innovation , long-term mortgage financing, and government support. Business Management. Fri, 06/12/2020 - 05:00. Justin Onorato. . Land Development.

Cash Flow 64

Cash Flow Deals Management Inventory 64

Levelset

APRIL 5, 2022

In this article, we’ll explore some strategies to help you keep money in the bank. Being proactive about managing cash flow ensures that you never come close to running out of cash on a construction project. Finance material purchases. Material financing can help you delay the payment of material invoices for up to 120 days.

Cash Flow 52

Cash Flow Finance Construction Materials 52

cnstrctr

JANUARY 4, 2020

The different types of construction projects include: Lump Sum Construction Management (Cost Plus / Guaranteed Maximum Price) Design Build Design Build Finance Maintain. Construction Management Contracts. Construction Management contracts were introduced in the 1980s as a new way to manage construction contracts.

Contract 88

Contract Construction Finance Documentation 88

Pro Builder

MARCH 29, 2021

However, don’t hire a sales team without proper management and training. Make sure you have a management team that can find, recruit, train, and onboard sales consultants. Having a strong sales team in place can also make obtaining financing easier. Business Management. Business Management Best Practices.

Consulting 98

Consulting Resource Management Banking 98

ENR Construction

OCTOBER 15, 2014

“Fears of Chinese companies calling the shots in AIIB-funded projects are unfounded," says Sunil Kanoria, vice chairman of Srei Infrastructure Finance Co. Business Management'

Infrastructure 28

Infrastructure Banking Finance Management 28

Contractor Bookkeeping

NOVEMBER 6, 2020

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.

Software 89

Software Software Finance Deals 89

Buisness Facilities Contributed Content

MAY 12, 2014

This Contributed Column is brought to you by RealStreet 2015 , a new event sponsored by Business Facilities and Today’s Facility Manager magazines. A new survey from TD Bank reveals a surge in both economic optimism and capital spending plans among middle market and large corporate finance executives.

Banking 68

Banking Finance Regulation Environment 68

GCP Applied Technologies

JUNE 9, 2020

"For taller, more design-forward concrete framed structures, the design concrete compressive strength may be 10,000 psi or more," says GCP Applied Technologies Technical Services Manager Jason D. When it comes to supporting high-rise construction, concrete producers want to create mixes that are strong and workable, yet don’t break the bank.

Concrete 125

Concrete Construction Materials Finance 125

Contractor Magazine

JUNE 2, 2014

As time and seasons change, companies must seek different means of financing to meet their needs. However, alternative financing for businesses came to the rescue. Merchant cash advance loans, and invoice financing stepped in to fill the void left by the banks. Management' Content Classification: Curated.

Finance 46

Finance Contractors Banking Management 46

Green Building Law Update

OCTOBER 13, 2019

The Bill if enacted would also create a new permanent Sustainable Finance Advisory Committee that must within 180 days of first meeting submit to the SEC “recommendations about what ESG metrics” the SEC should require be disclosed. But again, there is no realistic scenario under which this becomes law. Capitalism has and will drive progress.

DC 120

DC Sustainability Risk Liability 120

ENR Construction

JUNE 15, 2015

Public-private financing for transportation, energy and water infrastructure rose 6% last year, but remained well below the total for 2012.

Infrastructure 28

Infrastructure Banking Finance Transportation 28

Autodesk Construction Cloud

APRIL 24, 2023

Bank failures, rising interest rates, high material prices, and labor crunches are all making it more challenging for construction companies to protect, let alone, improve their margins. You can help avoid these unnecessary costs during construction by better connecting the office to the field with project management software.

Profitability 97

Profitability Construction Autodesk Forecasting 97

ENR Construction

AUGUST 8, 2012

Banking & Credit Crisis. Senate Finance Passes Tax Extensions. Risk management. Asset management. Gulf Oil Spill. Building Types. Construction Methods. Sustainability. Haiti Reconstruction. Economic Stimulus. Safety & Health. Project Delivery. Ethics & Corruption. Economic Stimulus. Associations. ENR New York.

Finance 28

Finance News Engineering FAQ 28

Levelset

JUNE 6, 2022

Peterson , a construction finance educator and author, “The retention in the retention receivable account is not collectible yet because the contractor has not earned the right to receive it.” Debit Credit Bank or cash $90,000 Retention receivable $90,000. Debit Credit Bank or cash $10,000 Retention receivable $10,000.

Accounting 98

Accounting ABC Banking Liability 98

GCP Applied Technologies

JUNE 9, 2020

"For taller, more design-forward concrete framed structures, the design concrete compressive strength may be 10,000 psi or more," says GCP Applied Technologies Technical Services Manager Jason D. When it comes to supporting high-rise construction, concrete producers want to create mixes that are strong and workable, yet don’t break the bank.

Concrete 78

Concrete Construction Materials Finance 78

GCP Applied Technologies

JUNE 9, 2020

"For taller, more design-forward concrete framed structures, the design concrete compressive strength may be 10,000 psi or more," says GCP Applied Technologies Technical Services Manager Jason D. When it comes to supporting high-rise construction, concrete producers want to create mixes that are strong and workable, yet don’t break the bank.

Concrete 78

Concrete Construction Materials Finance 78

Green Building Law Update

DECEMBER 27, 2015

Banks are beginning to use GRESB data in real estate lending. It is clear that the finance industry is embracing green building. The outcomes of the GRESB Survey are reflected in a GRESB Score, as well as sub-scores for Management & Policy (30% weight) and Implementation & Measurement (70% weight).

District of Columbia 120

District of Columbia Sustainability Green Finance 120

The Korte Company

OCTOBER 9, 2018

Maximize soft cost management. Weigh your hotel construction financing options. Whatever the case, securing construction financing will play a big part of the early stages of a project. Whatever the case, securing construction financing will play a big part of the early stages of a project.

Finance 68

Finance Construction Security Materials 68

Contractor Bookkeeping

AUGUST 29, 2014

The sooner you learn how to manage your cash flow, the better your chances for survival. Narrowing, or even closing, these gaps is the key to cash flow management. 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.

Cash Flow 48

Cash Flow Management Contract Accounting 48

Pro Builder

DECEMBER 1, 2022

Primior, USPC Cryptocurrency has yet to make major waves in the real estate market, but Johnney Zhang, CEO of real estate development and asset management firm Primior , seeks to change that with United States Property Coin ( USPC ). Layne Deakins, Associate Editor. Johnney Zhang.

Housing 52

Housing Industrial United States Equity 52

Contractor Bookkeeping

MAY 2, 2013

Many Washington State Department of Revenue sales tax reports and payments, Federal 941 Payroll Tax returns and deposits were never filed and left unpaid, there was over $50,000 in jobs that were never invoiced, several bills had been paid twice and the contractor''s bank was returning a lot of checks due to insufficient funds.

Contractors 48

Contractors Banking Finance Accounting 48

Pro Builder

APRIL 7, 2021

For example, starting in the industry with no home-selling experience and rising to be a top producer, division manager, or even developing and leading the training regimen for new salespeople. Cory Benjamin , 39, Project Director, BIM Manager, TK Design & Associates, South Lyon, Mich. Meredith Chapman , 36, Area Sales Manager, K.

Industrial 98

Industrial El Paso Education Cleveland 98

Levelset

AUGUST 15, 2022

In fact, many contractors and credit managers alike may come up against a number of challenges when it comes to figuring out a business’ creditworthiness. Long-time credit manager and construction consultant Thea Dudley noted what she sees as some common challenges people run into when trying to ascertain a company’s credit situation.

Construction 52

Construction Lien Contractors Management 52

Pro Builder

DECEMBER 7, 2022

“Pay is important, but two-thirds of the reasons people actually left jobs in 2021 were due to issues related to their engagement and their overall well-being ,” Jim Harter, chief scientist of workplace management and well-being at Gallup, told Fast Company last March. How Should Construction Hiring Managers Connect With the Next Generation?

St. Louis 98

St. Louis Retail Industrial Compensation 98

Green Building Law Update

APRIL 25, 2021

The Maryland Attorney General recently issued an opinion concluding that the placement of a protective easement on an already existing forest, as opposed to intentionally created or restored forest, does not qualify for forest mitigation banking. Stormwater Management. Solid Waste Management and Recycling. Until July 1, 2024, 7.75

Maryland 156

Maryland Housing Commissioning Regulation 156

Buisness Facilities Contributed Content

MARCH 31, 2016

The FlintNOW Foundation and Huntington Bank have announced a multi-million economic development partnership aimed at boosting the economy of Flint, Michigan, and providing relief to local businesses and residents affected by the ongoing water crisis in that city. Source: FlintNow Foundation.

Michigan 40

Michigan Detroit Foundation Banking 40

Construction Business Owner

MARCH 6, 2011

MANAGEMENT |. General Management. Accounting & Finance. People Management. Equipment Management. Mr. Rattner discussed the stress tests given by the Treasury Department to large banks that were receiving TARP funds. What would you do next week if you lost that job you had been banking on? Management.

Construction 120

Construction Software Software Accounting 120

Construction Business Owner

FEBRUARY 23, 2012

MANAGEMENT |. General Management. Accounting & Finance. People Management. Equipment Management. For example, banks and other financial institutions put in stronger measures than many other industries. Better Project Management through Better Communication. construction management. Management.

Security 120

Security Construction Software Software 120

Buisness Facilities Contributed Content

NOVEMBER 11, 2013

Facing pressure to manage costs, risks and energy consumption, commercial real estate investors are exploring how smart building technologies can help a company’s triple bottom line (people, planet, profits). Additionally, operational and energy savings begin shortly after the smart building management system is implemented.

Commercial 78

Commercial Sustainability Banking Management 78