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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. 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.

Safety 94
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Construction Business Owner Blogs

Construction Business Owner

MANAGEMENT |. General Management. People Management. Equipment Management. Some project managers tend to think of safety in the workplace as one of those things that we do “when we get a chance.” A safe work environment is one of the most straight forward ways to decrease workers compensation expenses.

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When Being A Licensed Contractor Is Just Not Enough!

Contractor Bookkeeping

Suddenly just like any other employee you owe Worker’s Compensation, State and Federal Unemployment. As an employer among your responsibilities are these: Pay workers’ compensation. If they have employees check their workers’ compensation account and claim history. Did you mail your renewal to the wrong mailing address?

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Unique Tips To Reduce Construction Company Start Up Stress

Contractor Bookkeeping

The only thing you know is your old boss was a terrible business manager and anyone could do better than that. 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. Let us take care of your accounting.

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We Reduce Construction Company Start Up Stress

Contractor Bookkeeping

The only thing you know is your old boss was a terrible business manager and anyone could do better than that! Get Organized - We strongly recommend a Subchapter S-Corp for tax advantages, protecting your personal assets in the event of a claim or lawsuit against your company and for future expansion.

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New Contractor Business Start Up

Contractor Bookkeeping

The only thing you know is your old boss was a terrible business manager and anyone could do better than that. 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. Let us take care of your accounting.

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Errors and Omissions (E&O) Insurance Explained for Construction?

Levelset

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.