Autodesk Construction Cloud

FEBRUARY 1, 2024

A strong financial base in construction is as vital for success as a solid physical foundation is for any building project. Paired with razor-thin profit margins, it’s increasingly difficult for construction firms to build and maintain the financial foundation necessary to compete and thrive in the industry.

Autodesk 87

Autodesk Cash Flow Construction Risk 87

Contractor Bookkeeping

NOVEMBER 3, 2012

The problem is high profit jobs have a way of turning into low or no profit jobs and in some cases they can bankrupt your construction company because you bid the project using whatever model you are accustomed to using and in the end you wind up with cash flow problems.

Profitability 48

Profitability Bankruptcy Contractors Remodeling 48

Contractor Bookkeeping

JUNE 11, 2013

Job costing reports are the key to unlocking the mystery of which markets to serve, which jobs to bid, how much they need to cover the direct and indirect costs and which ones to walk away from. Having QuickBooks Setup the right way for construction is the foundation for having a useful job costing reporting system.

Accounting 48

Accounting Bankruptcy Profitability Contractors 48

Contractor Bookkeeping

OCTOBER 18, 2013

No construction company goes bankrupt that had useful accurate Financial Statements and Job Costing Reports that they understood and paid attention to because they would have seen bankruptcy coming well enough ahead of time to avoid it. And Job Costing Bankruptcy Is A Matter Of Time! Edward Deming, Michael Gerber, Walter A.

Contractors 48

Contractors Bankruptcy Cash Flow Accounting 48

Buisness Facilities Contributed Content

MAY 21, 2014

A few hours after the pixels for that post were hatched, Detroit announced it had become the largest city in history to file for bankruptcy protection. This summer, a federal judge will decide whether to approve a plan that would allow the city to exit bankruptcy court by mid-October.

Detroit 49

Detroit Bankruptcy Michigan Banking 49

Levelset

JULY 18, 2022

What kinds of jobs are they bidding on? If you start growing without proper financial management, you will quickly find your company out of cash and in bankruptcy court. Plumbers know that pipes are the groundwork of any successful building project, so find employees that will build a strong foundation for your business.

Cash Flow 52

Cash Flow Accounting Profitability Legal 52

ProcurementExpress.com

NOVEMBER 30, 2016

What to do when you can’t afford a QS and you heedlessly bid less than a project ends up costing you? What can I do besides bankruptcy? A proven way to find good contractors to add to your bid list, is to ask design consultants to refer contractors with whom they have worked with on successful projects. Improper planning.

Risk 52

Risk Construction Plans Structural Engineering 52