Remove Bidding Remove Cash Flow Remove Liability Remove Management
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Types of Capital for Construction Businesses

Levelset

Construction companies need to know the differences between the three types of capital and why each one is useful for managing and growing a business. Working capital measures the difference between a construction company’s current assets and current liabilities. Debt capital can be vital for managing cash flow in construction.

Debt 97
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Key Financial & Safety Metrics for Subcontractor Qualification 

Autodesk Construction Cloud

The following standard financial ratios can help risk management teams evaluate potential trade partners during the subcontractor qualification process. Formula: (Cash and Cash Equivalents + Marketable Securities + Accounts Receivables) / Current Liabilities . Formula: Current Assets / Liabilities .

Safety 94
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Obtaining the Proper Bonding for Government Jobs

Construction Business Owner

MANAGEMENT |. General Management. People Management. Equipment Management. And that seemed to strike a chord with some of you, so I figured I’d talk more about government jobs, and what you need to be prepared to bid on them. Public Exposure and Liability on Construction Sites. STRATEGY |. ACCOUNTING |.

Cash Flow 169
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8 Tips to Manage Cash Flow Like Your Construction Business Depends on It

Autodesk Construction Cloud

Cash flow can make or break any business, especially in the construction industry. To successfully grow, construction firms need to effectively manage cash flow to procure materials, pay vendors and salaries, fund new projects, and finance other day-to-day business operations. Properly manage change orders.

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Construction Business Owner Blogs

Construction Business Owner

MANAGEMENT |. General Management. People Management. Equipment Management. ” » The Expensive Process of Bidding. Without spending money bidding projects, you can’t get jobs to make money building them. With more people bidding on fewer jobs, the market is much more competitive. STRATEGY |.

Bidding 150
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Construction Business Owner Blogs

Construction Business Owner

MANAGEMENT |. General Management. People Management. Equipment Management. I know a lot of contractors are getting into bidding season, and this got me thinking about communication. If you’re a general contractor, you may send out an invitation to bid via email, fax, online notifications, etc. STRATEGY |.

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Construction Business Owner Blogs

Construction Business Owner

MANAGEMENT |. General Management. People Management. Equipment Management. « New Year’s Resolutions for Construction Management. Evaluate Bidding Strategy. There are fewer projects to bid and what projects are available are being bid by more people. STRATEGY |. ACCOUNTING |. SOFTWARE |.