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How To Manage Your Construction Firm's Cash Flow During Crisis

Contractor Bookkeeping

Dealing with unexpected cash-flow difficulties, even if you're working hard to avoid shortfalls, is hugely distracting. If you're starting a construction business, it could simply be taking longer than expected to turn a profit in these trying times.

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The most important construction KPIs to improve profits and productivity

Lets Build

What do your construction KPIs look like? Your construction KPIs should do more than measure a project’s health—they should show you where profit and productivity are dropping, why they’re dropping, and how to fix the issue. Putting a focus on safety increases staff productivity—they know they’re safe while they work.

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Maximising ROI with construction project execution software

Lets Build

In today’s construction industry, the success of your projects hinges on investing in the right digital and technological solutions. Such solutions play a vital role in different phases and areas of construction, including on-site coordination, execution, safety, communication, etc. This allows you to work within the budget.

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The most important construction KPIs to improve profits and productivity

Lets Build

What do your construction KPIs look like? Your construction KPIs should do more than measure a project’s health—they should show you where profit and productivity are dropping, why they’re dropping, and how to fix the issue. Putting a focus on safety increases staff productivity—they know they’re safe while they work.

article thumbnail

Maximising ROI with construction project execution software

Lets Build

In today’s construction industry, the success of your projects hinges on investing in the right digital and technological solutions. Such solutions play a vital role in different phases and areas of construction, including on-site coordination, execution, safety, communication, etc. This allows you to work within the budget.

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The Right Accounting Software Can Increase Your Profits

Contractor Bookkeeping

Most construction business owners who use accounting software quickly master the basics. They automate processes like invoicing and payroll, track expenses, and view real-time financial reports to manage cash flow and make better business decisions. What three reports do you need for your construction business? #1

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Ask These Five Questions When Financing Your Equipment and Software

Construction Business Owner

Many contractors, both small and large, finance their equipment and software rather than purchase with a lump sum payment because of the cash flow benefits this practice can bring to their businesses. Gross Domestic Product and the Equipment Leasing and Finance Foundation, $0.56 was financed.

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