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How to Protect Your Business When Employees Get Poached

Pro Builder

Resolving those competing interests can hit profits hard. Often referred to as “non-solicits,” these covenants are designed to keep an employee who moves to a new business from soliciting a former employer’s customers for a set period of time. . A decline in business from certain clients, or their bankruptcy.

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Seven Things to Do When an Owner Doesn’t Pay

Constructonomics

I also know that the school district won’t dissolve all of a sudden or declare bankruptcy. Hiring a lawyer can totally blow your entire profit margin, to which you are entitled. The job I am referring to is a public project so I had to weave my way through the bureaucracy of that whole situation before I could get anywhere.

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Can We Make Home Building a Little Less ‘Interesting?’

Pro Builder

offers more detail, so I’ll refer you to that for some answers. Process Perils and Profit for Home Builders. Some might cite the recently announced bankruptcy of high-tech building company Katerra as just one more sad story in this long, disappointing history, having blown through $2.4 Building Lean? Beyond Value Engineering.

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Serious And Funny Construction Definitions Contractors Enjoy Reading

Contractor Bookkeeping

Bad Numbers - Lead to bad decisions / cash shrinks / business unstable / bankruptcy or failure. Bankruptcy - Result of saving money on bookkeeping and making decisions on garbage reports. Someone who is qualified to do tax returns and we refer a lot of business to the ones that only do tax returns.

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How to Start a Plumbing Business: 9 Tips for Growth

Levelset

We have a contractor licensing guide for every state you can refer to — as many states do require specific licensing for plumbing businesses. If you start growing without proper financial management, you will quickly find your company out of cash and in bankruptcy court. Read more: The profit roadmap for contractors.

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How to Start a Painting Business: 9 Keys to Growth & Success

Levelset

We have a contractor licensing guide for every state you can refer to. If you start growing without proper financial management, you will quickly find your company out of cash and in bankruptcy court. While cash flow is critical for survival, profit is essential for growing a painting business.

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How to Start an Electrical Business: 9 Tips for Growth

Levelset

We have a contractor licensing guide for every state you can refer to — as many states do require specific licensing for electrical businesses. If you start growing without proper financial management, you will quickly find your company out of cash and in bankruptcy court. Read more: The profit roadmap for contractors.