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4 Key Areas for Optimal Cash Flow Management

Construction Business Owner

Now facing the dual pressures of inflation and rising interest rates, the industry must also contend with labor issues that continue to constrict profit margins.

Cash Flow 156
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Claritas Group heading for liquidation

Construction Enquirer

Kent based contractor Claritas Group is heading for liquidation after being sunk by cash-flow and inflationary pressures. “The challenge of cash flowing and managing the losses associated with the inflationary pressures of these uncertain times was just too great. to trade creditors.

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Real Estate Investment Trusts (REITs): Understanding the Construction Connection

Construction Marketing

It allows real estate market investments without directly purchasing and managing properties. REITs make investing in real estate possible without the hassles of property management, property maintenance, and other associated costs. Evaluate the Management Team The management team of a REIT is crucial to its success.

Income 216
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Construction Company Technology Practices To Reduce Financial Management Cost

Contractor Bookkeeping

Six keys helped us outperform other contractors in terms of cash flow and profit year after year regardless of the economic conditions: I was raised in a construction family. From the mid-1970's until 2000 we owned and operated several construction companies and a few Plumbing Contracting companies.

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How Has Covid Affected the Construction Industry?

Lets Build

Yet working from home requires closer management, both to maintain productivity and to counter mental health issues surrounding isolation and self-reliance. Commercial office space demand is also wavering, thanks to the switch to working from home. Further reading: Are 3D-printed buildings the future of sustainable construction?

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9 Tips for Starting an Architecture Firm

Levelset

For example, here’s a recommended breakdown of a principal architect’s hours: 25% marketing and business development (bringing in new work) 25 to 35% administrative and financial tasks, team management 40 to 50% architecture and design. Pay close attention to cash flow. Learn more: An architect’s guide to cash flow.

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Commercial Tenant Improvement Contractors Have Unique Bookkeeping Needs

Contractor Bookkeeping

Commercial Tenant Improvement Contractors Have Unique Bookkeeping Needs : Not Just Any Bookkeeper Will Do - Too often Commercial Tenant Improvement Contractors hire a bookkeeper and end up with the wrong bookkeeper if they believe all bookkeepers are the same. Nothing is further from the truth. We know what to do! We know what to do!