Constructonomics

MAY 6, 2013

It’s easy for an outsider to an industry to get on their ethical high-horse and point their finger at others who are walking along the ethical line and perhaps even crossing it. It’s easy for regulators, government, and academia to point their finger at industry and tell them to clean up their act. How can this happen?

Industrial 154

Industrial Regulation Banking Profitability 154

Construction Law

JUNE 1, 2021

The Times gave more space to construction and its problems in a series spread over three days in May than the industry has probably ever received at one go from a national newspaper. The industry was characterised as ‘toxic and dysfunctional’ and racing to the bottom. None of it was good. They won’t stay so well hidden for much longer.

Industrial 52

Industrial Insurance Banking Procurement 52

Construction Enquirer

JULY 23, 2023

75, has over 50 years experience in the industry and was a former CEO of MJ Gleeson which he joined in 2009 and left suddenly in 2019 following a row over pay and his succession. I look forward to the Inland team helping me to turn the business round which will take a while, but we are looking forward to a profitable future.”

Bidding 80

Bidding Housing Banking Profitability 80

Constructonomics

DECEMBER 1, 2015

Unique Examples of the European Construction Industry . What makes these projects stand out is not only their innovative design but also the involvement of some lesser known companies within the European construction industry. FFR Grand Stade, Paris. Crossrail, London.

Industrial 100

Industrial Construction Safety Innovation 100

Green Building Law Update

NOVEMBER 14, 2021

The electric utility monopolies are an industry that doth protest too much, methinks, made wealthy by government regulation, whatever the pendulum swing of that regulation. And there will be other opportunistic industries. banking industry is signaling its willingness to consider ESG when underwriting lending.

Maryland 177

Maryland Regulation Electrical Legal 177

Construction Enquirer

APRIL 25, 2023

The investment bank also took part in the latest fundraising round. Combining our complementary industry-leading capabilities alongside other significant new investment makes me excited for the opportunities ahead.”

Housing 102

Housing Innovation Products Banking 102

Viewpoint Construction Technology

APRIL 9, 2018

The event, held at the Westin Chicago River North, brings together 250+ construction executives, technology innovators and industry thought leaders. We remain the only technology company with the ability to integrate operations across the office, team and the field in real time, which is transforming how the construction industry operates.

Viewpoint 130

Viewpoint Chicago Innovation Project Management 130

Construction Business Owner

FEBRUARY 16, 2012

Industry News. Industry Statistics. 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. Banks are attracted to profitable business.

Banking 120

Banking Construction Cash Flow Finance 120

Contractor Bookkeeping

NOVEMBER 3, 2012

You have what appears to be a high profit job and now you are thinking you have it made and I hope you are right! The most common situation is when a residential remodel contractor who has built a reputation and a substantial company generating profits of 15% or more decides to start building custom homes. The Solution.

Profitability 48

Profitability Bankruptcy Contractors Remodeling 48

Contractor Bookkeeping

AUGUST 30, 2013

We Serve Several Highly P rofitable Construction Companies and some not as profitable ones. The differences in operations between the two groups are very small and yet the profit picture is massively different. Invite Your Construction Bookkeeper To A Jobsite For Half A Day. We do something similar for some of our contractor clients.

Profitability 48

Profitability Contractors Accounting Cash Flow 48

Contractor Bookkeeping

OCTOBER 4, 2013

There are a number of people who pass out advice on how to start a profitable construction company; however, very few have actually done it and fewer still had a clear understanding of where they were making or losing money and fewer yet have ever gotten past the point of owning a J.O.B. The really good news they are on the banks payroll.

Profitability 48

Profitability Construction Accounting Cash Flow 48

Levelset

JUNE 14, 2022

As reported by the US Census Bureau, the construction industry is experiencing the most significant price hike since the 1970s as specialty contractors carry the burden of upfront, out-of-pocket expenses required to start new jobs. It took nearly a decade for the market to normalize.

Materials 52

Materials Cash Flow Deals Finance 52

Construction Equipment

DECEMBER 28, 2017

Throughout 2017, we’ve discussed many of the top challenges facing contact centers and the authentication industry. To protect themselves, consumers need to work with the credit monitoring agency and their bank to closely monitor their credit activity for, what some experts believe, the rest of their lives.

Banking 49

Banking Security Accounting Environment 49

Contractor Bookkeeping

JUNE 22, 2012

Construction Accounting - Is our special expertise which means all of my writing is addressed to members of the construction industry and how we can help them with QuickBooks Setup, QuickBooks Clean-Up and Cloud Based Online Bookkeeping Services. firms, banks and lenders so we have a good idea of what financial reports C.P.A.

Profitability 48

Profitability Contractors Accounting Banking 48

Contractor Bookkeeping

FEBRUARY 13, 2015

It is no secret that contractors are among the industries where many cash transactions take place and sometimes they get busy and forget to deposit the money in the bank, properly track it inside their contractors bookkeeping services system and pay the taxes on it.

Cash Flow 48

Cash Flow Contractors Hawaii Alaska 48

Green Building Law Update

SEPTEMBER 30, 2018

And you should really care because GRESB data is incredibly valuable not only for institutional investors in real estate on the East and West coasts of North America, but also for banks, brokerages and a host of others interested in risk and returns in a broader breadth of real estate owning entities. Green Building Council, Inc.

Sustainability 185

Sustainability Green DC Infrastructure 185

Construction Marketing

JANUARY 25, 2023

Commercial real estate development involves the process of acquiring, designing, constructing, and leasing or selling commercial properties such as office buildings, retail centers, and industrial parks. Developers must understand the various financing options, such as traditional bank loans, private equity, and government programs.

Commercial 217

Commercial Leases Regulation Finance 217

Lets Build

JULY 14, 2020

The construction industry in numbers. As reported by McKinsey & Company , the growth of labour productivity in the construction industry has averaged just 1% a year over the last twenty years on a global scale. The need for a more collaborative and innovative approach in the industry is stronger than ever.

Software 153

Software Software Construction Industrial 153

Pro Builder

JANUARY 6, 2021

I’d sent a proof of my “ (Still) Waiting for the Home Building Technology Revolution ” column, slated to run in the November/December issue, to 20 industry contacts and had received a remarkable response. Less Waste, More Profit in 10 (Not So Easy) Steps. To put that in perspective, the burger chain’s net profit for 2019 was $6.03

Profitability 98

Profitability Products Banking US 98

Levelset

AUGUST 16, 2022

Some contractors watch as their gross profit margins decrease when they take on larger jobs. The construction industry has one of the highest rates of business failure. Sureties calculate working capital more conservatively than other credit providers or banks. Sufficient working capital. Learn More. Ability to absorb losses.

Risk 52

Risk Cash Flow Construction Banking 52

Contractor Bookkeeping

JUNE 15, 2012

I thought I had seen the worst it could get when the prime rate banks charged on loans hit a record high of 21.50% on December 19, 1980. A Personal Observation - From over thirty years involvement in the construction in industry. Construction Has Been Tough - These past few years.

Profitability 48

Profitability Contractors Banking Income 48

Contractor Bookkeeping

AUGUST 16, 2013

Business Owners - Need three basic reports, Cash, Profit and Equity. Bank Balance - Un-cleared Checks) = Cash. Profit And Loss Report. Sales - Expenses) = Profit. It is easy to run reports to determine which items are profitable and unprofitable and make adjustments quickly as needed. -. Bank Account - Operating.

Work in Progress 59

Work in Progress Accounting Construction Leases 59

Construction Business Owner

OCTOBER 14, 2011

Industry News. Industry Statistics. It’s not news that competition for work in most parts of the industry has increased or that margins have decreased. Change orders can be harder to manage – and present more of a profitability challenge – than pre-planned project work. Equipment Management. Resource Center.

Change Orders 120

Change Orders Construction Software Software 120

Constructonomics

JANUARY 16, 2011

We need to get more work, especially for those of us in the construction industry. While some of the gainfully employed may not care very much about the employment dilemma in the construction industry, this is a big issue for this country and has to be rectified or….uh, uh, gulp, we’re gonna have some real problems. . Absolutely.

Renovating 105

Renovating Profitability Employment New York 105

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. In particular, your construction company Profit & Loss and Balance Sheet.

Finance 48

Finance Accounting Construction Banking 48

Buisness Facilities Contributed Content

JUNE 8, 2016

R etailing involves buying large quantities of goods and selling them in smaller quantities to consumers for a profit. The health of this industry is a vital economic indicator since sales tend to be driven by personal income, consumer confidence and interest rates. percent this year,4 percent higher than the 10-year average of 2.7

Retail 40

Retail Industrial Missouri Florida 40

Construction Business Owner

MARCH 6, 2011

Industry News. Industry Statistics. While I found parts of it a bit elongated, it was a fascinating story that showed the inner workings of the group charged with reorganizing an industry that is near to me having been a born and raised Michigander. What would you do next week if you lost that job you had been banking on?

Construction 120

Construction Software Software Accounting 120

Contractor Bookkeeping

JUNE 18, 2012

Business Owners - Need three basic reports, Cash, Profit and Equity. Bank Balance - Un-cleared Checks) = Cash. Profit And Loss Report. Sales - Expenses) = Profit. It is easy to run reports to determine which items are profitable and unprofitable and make adjustments quickly as needed. Cash On Hand.

Contractors 58

Contractors Profitability Overhead Equity 58

Contractor Bookkeeping

MAY 17, 2013

Business Owners - Need three basic reports, Cash, Profit and Equity. Bank Balance - Un-cleared Checks) = Cash. Profit And Loss Report. Sales - Expenses) = Profit. It is easy to run reports to determine which items are profitable and unprofitable and make adjustments quickly as needed. Cash On Hand.

Accounting 48

Accounting Contractors Profitability Overhead 48

Construction Business Owner

FEBRUARY 23, 2012

Industry News. Industry Statistics. For example, banks and other financial institutions put in stronger measures than many other industries. Equipment Management. Resource Center. Equipment and Services Directory. Ask the Expert. Hardhat Connect. Forms and Checklists. Seminars and Tradeshows. Product Spotlight.

Security 120

Security Construction Software Software 120

Autodesk Construction Cloud

JULY 21, 2021

The industry creates high levels of physical and digital waste, with 10-15% of materials wasted on every build. At two events, London Build and the Festival of Digital Construction , panellists came together to discuss the opportunities for change in the industry. There have been warning signs in the construction sector for years.

Sustainability 52

Sustainability Construction Autodesk Innovation 52

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). Like a new lobby or elevator bank, an improvement in sustainability makes an office building more desirable to tenants.

Commercial 78

Commercial Sustainability Banking Management 78

Contractor Bookkeeping

NOVEMBER 25, 2013

You want someone who understands your industry. Previous year end bank, credit card and other account balances. Activate your bank and PayPal feeds for downloading into Xero. Connect your bank and PayPal feeds. Daily reconciliation of bank feeds. You have lots of options and this may not be the best one for you.

Accounting 49

Accounting Banking Project Management Washington 49

Contractor Bookkeeping

AUGUST 13, 2014

I Do Like Managed Risks - Which is anything I can control the input and have a greater than breakeven chance of making a profit. Knowledge Leads To Profits And Cash Flow. One Tiny Bit Of Knowledge High Profit Contractors. At 10% Profit You Need $15,544.20 More Sales To Maintain Profit Margin. Use Of Knowledge!

Contractors 48

Contractors Accounting Profitability CA 48

Buisness Facilities Contributed Content

DECEMBER 30, 2013

Traditional office users like banks and law firms are doing more with less and high-growth innovation-based industries are leading the trend in efficient and modern workplace standards and usage; this will place a ceiling on heightened absorption levels in any given quarter for the foreseeable future. .

Commercial 110

Commercial Leases Forecasting Office 110

Contractor Bookkeeping

MARCH 9, 2013

Enter banking transactions including EFT, ACH, NSF, checks, debits and automatic payments. Enter banking transfers between checking and savings accounts. Watch for fraudulent charges on bank and credit card statements. Reconcile checking, bank & vendor credit cards, vendor statements. Enter bank deposits.

Contractors 48

Contractors Cash Flow Banking Change Orders 48

Business Facilities

JULY 11, 2014

TCC is a statewide economic development organization whose mission is to help increase PA’s technology-based economy through the development of collaborative industry clusters that leverage the region’s world-class assets in advanced electronics, cyber security and robotics. Not-for-profit organizations and Community groups are eligible.

Pennsylvania 45

Pennsylvania Finance Zoning Banking 45