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Phases of Commercial Real Estate Development

Construction Marketing

You must secure financing for the project. Developers must understand the various financing options, such as traditional bank loans, private equity, and government programs. This includes creating a detailed project schedule, budget, and phasing plan. Construction is a critical component of the development process.

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15 Management Systems to Help You Avoid the High-Speed Wobbles

Pro Builder

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. Schedules are controlled by individual superintendents, becoming merely job status reports with a lot of fluidity.

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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.

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Advice for Home Builders Navigating a Market in Flux

Pro Builder

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%.

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

Finance 48
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Common Types of Construction Contracts And Their Use

cnstrctr

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.

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The Secret Sauce to Protecting Construction Profits  

Autodesk Construction Cloud

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.