Chianelli Estimating

JANUARY 30, 2020

Many times those costs are not recovered, however; they could make the difference in keeping the Builder or Owner solvent or ending up with a failed project or worse yet bankruptcy. Recently Contractors and Owners have found that Outsource Estimating is becoming a practical way to cut overhead.

Estimating 78

Estimating Construction Bidding Bankruptcy 78

Chianelli Estimating

AUGUST 6, 2020

Most likely none of the cost factors now required will have been budgeted for on previously awarded contracts and the list is formable; controlled access to sites, material delivery disruptions, temperature checks, two week quarantine, reduced labor force – both in the field and in the office, material shortages. cost overruns.

Estimating 60

Estimating Residential Insurance Commercial 60

Contractor Bookkeeping

JUNE 12, 2013

For example a material receipt arrives at the regular bookkeeper''s desk from a lumber supplier and they open QuickBooks contractor file, look up the supplier to determine how the previous lumber purchase was coded and proceed to code the new transaction the same way. To learn more visit construction accounting vs. regular accounting.

Accounting 48

Accounting IDEA Bankruptcy Construction 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. If the contractor believes the company is undercharging they may raise bid prices, lose jobs, eventually run out of cash and file bankruptcy.

Accounting 48

Accounting Bankruptcy Profitability Contractors 48

Levelset

JULY 22, 2022

New businesses can leverage technology, automation, and lower overhead costs to compete with existing businesses. 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. Analyze your competition.

Cash Flow 52

Cash Flow Overhead Accounting Profitability 52

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. To avoid getting caught in the “P” trap (without any profitability), you need to think carefully about overhead. Analyze your competition.

Cash Flow 52

Cash Flow Accounting Profitability Legal 52

Levelset

JULY 15, 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. In addition to materials and labor for electrical jobs, you need to cover the cost of staff, offices, benefits, and more. Analyze your competition.

Electrical 52

Electrical Cash Flow Accounting Profitability 52