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. Both contractors and owners use them when deciding whether to bid or build a project. Choosing the lowest bid is not always the best practice.

Estimating 78

Estimating Construction Bidding Bankruptcy 78

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. Home Builder Doing A Residential Remodel.

Profitability 48

Profitability Bankruptcy Contractors Remodeling 48

Chianelli Estimating

AUGUST 6, 2020

The tendency to adjust their bid estimating will inadvertently produce many business failures. One error may be the difference in bankruptcy or staying afloat. The above outline mainly illustrates the effects it may have on Commercial Estimating departments for Commercial and Non Residential Contractors. Less opportunities.

Estimating 60

Estimating Residential Insurance Commercial 60

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

Contractor Bookkeeping

JUNE 18, 2012

The Incompetent Bookkeeper - Was fully awake now and made it clear in no uncertain terms that "if the owner knew how to properly bid projects and run the jobs" that QuickBooks was all they needed for any and all of the projects the company did including large residential remodel projects.

Change Orders 48

Change Orders Profitability Work in Progress Construction 48

Contractor Bookkeeping

OCTOBER 3, 2014

Being Ripped-Off And Driven Into Bankruptcy! For example I am a licensed Journeyman Plumber (PL01) in Washington State, and have owned and operated successful residential remodel companies, new construction residential and commercial plumbing companies as well as service, repair and drain cleaning plumbing companies.

Accounting 48

Accounting Construction Banking Contractors 48

Levelset

JULY 22, 2022

It’s an excellent time to consider starting a roofing company, as both the residential and commercial sectors are experiencing a wave of new construction, and that means opportunities for the roofing industry, which is expected to grow revenues by around 1% annually for the next five years. . What kinds of jobs are they bidding on?

Cash Flow 52

Cash Flow Overhead Accounting Profitability 52