Remove Banking Remove Foundation Remove Liability Remove Security
article thumbnail

Construction Business Owner Blogs

Construction Business Owner

Bank lines of credit are lifelines for many contractors, yet convincing a bank to provide or renegotiate a line of credit is not easy. Building your case beforehand can certainly help and makes you look better in the eyes of the bank. Crunch the numbers – Banks like proactive business owners. General Management.

Banking 120
article thumbnail

Construction Business Owner Blogs

Construction Business Owner

So it’s no surprise that whenever I talk to companies about how they store their data, the number one concern I hear is in regards to security. According to Eric, most of his clients have “far humbler” security checkpoints than what a data center can offer. Today’s Cloud Security. General Management. Software & Technology.

Security 120
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Construction Business Owner Blogs

Construction Business Owner

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? Public Exposure and Liability on Construction Sites. foundation. foundation software. General Management. Construction Law.

article thumbnail

Construction Bookkeeping Unique Features

Contractor Bookkeeping

Bank Balance - Un-cleared Checks) = Cash. Assets - Liabilities) = Equity. -. They form the foundation of a Business Process Improvement Plan and Construction Business Strategy. Bank Account - Escrow Deposits. Bank Account - Operating. Bank Account - Job Deposits. Bank Account - Payroll. Cash On Hand.

article thumbnail

Construction Business Owner Blogs

Construction Business Owner

Does an electrical raceway run through a duct bank? Though we’ve just scratched the surface here, hopefully, we’ve covered some fundamental characteristics of BIM that will help set the foundation on which we can all go forward. Public Exposure and Liability on Construction Sites. foundation. foundation software.

article thumbnail

Xero Accounting Online Setup Errors Fixed Fast And Easy!

Contractor Bookkeeping

Connect your bank and PayPal feeds. We Can Convert The Following To Xero Accounting: Shoe Box Full Of Paperwork, Receipts And Bank Statements. Chart of Accounts Payroll Tax Liabilities. Chart of Accounts Customer Checks Returned From Bank. Chart of Accounts Insurance Liability. Bank Reconciliations.

article thumbnail

Construction Business Owner Blogs

Construction Business Owner

But to count on them as the source of profit is to bank on an unpredictable variable that is not under your control, that is hard to manage, and that you may wish to use for a completely different purpose – business development (more on this in a moment). Public Exposure and Liability on Construction Sites. foundation.