Remove Cash Flow Remove Consulting Remove Liability Remove Negotiation
article thumbnail

Service Agreements Can Improve Contractors Cash Flow And Profits

Contractor Bookkeeping

In the meantime, service agreement customers are a source of cash flow and are predetermined to call you instead of your competition when repairs are necessary. They may call your contracting company for future work or they may decide to shop the competition and use the information they find to negotiate for a lower price.

article thumbnail

The role of a quantity surveyor in construction sector

Construction Cost Estimating

Liabilities of a Quantity Surveyor: A Quantity Surveyor (QS) is a professional who mainly deals with construction costs and contracts associated with the Construction Industry. Once tenders are approved, the Quantity Surveyor arranges cash flow data for the client to outline his resources sufficiently to fulfill contract commitments.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

10 Contract Terms for Higher Profitability

PSMJ Resources

When negotiating a contract, insert as many of the following terms into the contract as possible: 1. It''s a good negotiating tactic to ask for money up front. In addition to normal reimbursables, ask for reimbursement for items such as liability insurance premiums, computer time, and messenger services.

article thumbnail

Unique Tips To Reduce Construction Company Start Up Stress

Contractor Bookkeeping

Consult with a construction attorney and follow their advice. General Liability and Auto/rental equipment insurance can help protect you and your company against claims for personal injury and property damage, and may provide you with legal defense of those claims. Put Money In And Take Money Out - Of your business is O.K.

article thumbnail

New Contractor Business Start Up

Contractor Bookkeeping

Consult with a construction attorney and follow their advice. General Liability and Auto/rental equipment insurance can help protect you and your company against claims for personal injury and property damage, and may provide you with legal defense of those claims. Put Money In And Take Money Out - Of your business is O.K.

article thumbnail

We Reduce Construction Company Start Up Stress

Contractor Bookkeeping

Consult with a construction attorney and follow their advice. General Liability and Auto/rental equipment insurance can help protect you and your company against claims for personal injury and property damage, and may provide you with legal defense of those claims. Understand When A Transaction Is Income - And when it is not income.

article thumbnail

State by State Incentives Guide

Buisness Facilities Contributed Content

If a business entity invests in a qualifying project that meets certain requirements and is approved by the Alabama Department of Revenue, and maintains minimum annual requirements, the company may receive an annual credit against its income tax liability generated from the qualifying project.

Income 108