Levelset

AUGUST 4, 2022

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. Let’s take a look at the basics of cash flow and how architects can budget their expenses and forecast their income to stay in good financial standing. Cash flow basics.

Cash Flow 52

Cash Flow Budgeting Budget Forecasting 52

Contractor Bookkeeping

AUGUST 29, 2014

Cash flow is the lifeblood of any construction company and especially the ones with annual sales volume under $1,000,000. Some construction Company experts even say that a healthy cash flow is more important than your contracting company''s ability to complete projects! What Makes Up Your Construction Company Cash Flow?

Cash Flow 48

Cash Flow Management Contract Accounting 48

Pro Builder

JANUARY 31, 2023

The analysis is a representative sample of responses from companies involved with Builder Partnerships’ rebate program, Home Builder University training programs, and clients of Shinn Consulting. As a housing consultancy, we prefer that the cost of sales represents 70% or less of sales revenue. and Canada.

Inventory 98

Inventory Housing Profitability Cash Flow 98

Levelset

AUGUST 17, 2022

Architectural business consultant Lucas Gray of Charette Venture Group recommends three KPIs to help firms measure their profitability: break-even point, utilization rate, and billable ratio. . Where direct labor is the percentage of salaries that are spent on billable work (rather than overhead time). Lucas Gray. Utilization rate.

Profitability 52

Profitability Lien Overhead Cash Flow 52

Contractor Bookkeeping

JUNE 15, 2012

McDonalds Restaurants Earns - Massive profits and part of the reason is cash flow. You Can Offer Financing - Accept credit cards! Don't Finance - Your customer or client's project by providing a substantial amounts of labor, material, subcontractors and rental equipment hoping to get paid later on down the road.

Contractors 54

Contractors Cash Flow Banking Finance 54

ProcurementExpress.com

FEBRUARY 11, 2019

It’s always been a struggle to get ahead of tight margins, cash-flow problems, and managing contracts. The consulting group reported that the industry needs to adopt automation, digital technologies, and embrace new materials if they want to succeed in a changing industry landscape. What are the overhead costs?

Procurement 63

Procurement Plans Construction Budgeting 63

Contractor Bookkeeping

MAY 2, 2013

Part of the root cause can be traced to a mild case of "Stockholm Syndrome" where contractors feel their cash flow may be held captive by their customers or clients. Contractors are not bankers, but they seem to finance a lot of extra work using their own credit cards and paying finance and interest charges. Am I crazy?

Change Orders 48

Change Orders Contractors Cash Flow Profitability 48