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A Cash Flow Guide for Architects

Levelset

You’re providing a service to your customers, but your contracts are often lump-sum , and billings are often determined by the percentage of completion. However, like any other business, you need to maintain positive cash flow or you may find yourself unable to pay your workers and other expenses. Cash flow basics.

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A position is vacant for Quantity Surveyor / Estimator

Construction Cost Estimating

The candidate should contain at least 5 years experience and onsite experience with contracts with regard to residential housing / Offices / Warehouse construction. Duties and liabilities: • Costings and budgets formation for the allotted projects. Estimate, value, submit and negotiate contract variations.

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Rory Woolsey's Construction Estimating Blog: It Don't Come Easy!

Rory Woolsey

Construction management in a nutshell is the planning, organizing, implementing and controlling of a projects time, costs, resources and cash flow. Examples of project organizing tools are budgets, schedules, cash flow diagrams, manning charts and resource schedules. Sunday, April 15, 2012. It Dont Come Easy!

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Rory Woolsey's Construction Estimating Blog: Losing Your Shirt.

Rory Woolsey

Knowing where the key project metrics such as time , costs, resources , and cash flow are relative to a datum (the project plan). In a project management cycle the metrics are Planned , Implemented , Measured (actual vs. budgeted) and then reacted to, correcting for deviations by making changes to the original plan.

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Sales commission or salary: The conudrum

Construction Marketing Ideas

Residential contracting consultant Michael Stone has never wavered in his belief (and advocacy) that residential contractors should employ sales representatives who work on pure commission. in some fields, such as real estate sales, there seems to be only one answer: pure commission.

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How Has Covid Affected the Construction Industry?

Lets Build

While there’s still a high desire for well-built homes, we anticipate declining demand for retail space as consumer budgets shrink. Impact on construction budgets. Many firms have absorbed these increases short-term to honour existing contracts. Finally, we have to acknowledge construction cost increases due to COVID.

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How a Construction-to-Permanent Loan Impacts Contractors & Lenders

Levelset

The initial charges for a single-close loan are the same as those for any construction or residential loan. Budgeting problems. The project’s funding may run out if the budget is not adequately managed. In order to avoid budget problems, lenders calculate and closely manage the construction loan holdback.