Cash Flow Claims Compensation Insurance 
Levelset
OCTOBER 14, 2022
Plumbing contractors should include business insurance as an integral part of their financial strategy. With numerous policies available, the plumbing contractor’s insurance landscape offers many ways for you to protect your physical and financial business assets. What is plumber’s insurance? Worker injury.
Levelset
SEPTEMBER 7, 2022
Professional liability insurance provides contractors coverage from financial losses that happen as a result of their errors, mistakes, or negligence. In that case, professional liability insurance would generally provide the plumber with reimbursement for legal fees, settlements, and judgments.
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Levelset
SEPTEMBER 2, 2022
Errors and omissions (E&O) insurance covers contractors against financial loss resulting from mistakes, errors, or claims of negligence. While general liability insurance covers against claims related to injury or property damage, errors and omissions insurance protects from lawsuits related to financial loss.
Construction Business Owner
DECEMBER 9, 2011
INSURANCE |. A safe work environment is one of the most straight forward ways to decrease workers compensation expenses. Fewer accidents also mean lower insurance premiums, which mean lower labor costs. Companies who have more claims than average will have a higher than average rate, for example, 1.6. STRATEGY |.
Autodesk Construction Cloud
FEBRUARY 25, 2022
Days of Cash on Hand is the number of days that a company can continue to pay its operating expenses, given the amount of cash available and assuming there is no additional revenue. A high value indicates a strong cash position and ability to withstand cash flow constraints. . Underbillings to WC .
Contractor Bookkeeping
SEPTEMBER 25, 2013
When you hire 1099 contractors you need to know that their state contractor’s license, bond and insurance are active. During audits states agencies are now looking to check about the bond and insurance. Did you send your liability insurance payment in late? Is your #1 Favorite Customer adding / taking profits or cash flow?
Contractor Bookkeeping
JUNE 20, 2014
We strongly recommend a Subchapter S Corp (a Sub S) for tax advantages, protecting your personal assets in the event of a claim or lawsuit against your company and for future expansion. Insurance - Is critical to your construction company. Talk to an insurance agent that understands construction about your insurance needs.
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