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The Seven Ages of a Business

Constructonomics

This is an exciting stage when the business exists as a legal entity – it’s providing goods or services to its first customers. Management becomes more formal and accounting needs to be stronger; money comes more from profits, banks and franchising options than from family. Money tends to come from profits, banks and government grants.

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Common Types of Construction Contracts And Their Use

cnstrctr

It is a legally binding document that the groups agree to at the start of a project and are held accountable to throughout. The contractor charges the owner based on the actual costs of the project including rates for overhead agreed to as part of the contract. The bank or financial institution offers lending to the owner.

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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). Home Contact Us About Us Subscribe Advertise Legal Disclaimer Site Map -->.

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Contractors Are Renting Rather Than Buying More Equipment.

ENR Construction

Banking & Credit Crisis. --> Companies. The recession prompted many contractors to thin their fleets in order to lower overhead and generate cash. Sustainability. Haiti Reconstruction. Economic Stimulus. -->. Safety & Health. Project Delivery. Ethics & Corruption. Economic Stimulus. -->. Associations. Washington Observer.

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How to Start a Roofing Business: 9 Tips to Grow & Thrive

Levelset

Establishing a business legally is a straightforward process, and creating a plan for growth is exciting. Starting a business starts with the legal and logistical nuts and bolts that get you ready for growth later on. . Obtain a business bank account and any software or staff you’ll need for accounting and bookkeeping.

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Viewpoint: The Case for Neutral, Third-Party Schedulers | ENR.

ENR Construction

Banking & Credit Crisis. --> Companies. To reduce overhead costs, contractors often give scheduling short shrift—assigning inexperienced or junior-level personnel to schedule complex, multimillion-dollar projects. Sustainability. Haiti Reconstruction. Economic Stimulus. -->. Safety & Health. Project Delivery. Associations.

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How to Start a Plumbing Business: 9 Tips for Growth

Levelset

Establishing a business legally is a straightforward process, and creating a plan for growth is exciting. Starting a business starts with the legal and logistical nuts and bolts that get you ready for growth later on. Obtain a business bank account and any software or staff you’ll need for accounting and bookkeeping.