Contractor Bookkeeping

MAY 3, 2019

From the mid-1970's until 2000 we owned and operated several construction companies and a few Plumbing Contracting companies. 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.

Cash Flow 52

Cash Flow Management Profitability Accounting 52

PSMJ Resources

JULY 10, 2013

With an uncertain economic climate, the emphasis on solid contract terms is increasingly vital to a firm''s financial success. Most clients are demanding more work for lower fees, and firms that do not reexamine the terms of their contracts usually find themselves without enough income to break even, let alone make a profit.

Profitability 43

Profitability Contract Negotiation Debt 43

Construction Cost Estimating

SEPTEMBER 19, 2017

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.

Cash Flow 40

Cash Flow Construction Estimating Contract 40

Levelset

AUGUST 17, 2022

For architects and other design firms, the break-even point is ideally expressed as an hourly rate to help guide you when you’re setting your billing rates. Related: An architecture firm’s guide to cash flow. For example, let’s look at a two-person firm that includes a designer and an office manager. Break-even point.

Profitability 52

Profitability Lien Overhead Cash Flow 52

Autodesk Construction Cloud

SEPTEMBER 1, 2022

A contract’s a contract, right? There are many construction contract types out there. Knowing which contract to use when is critical to ensuring a successful outcome in delivery, customer satisfaction, and profit. A construction contract agreement gets everyone involved in a project on the same page. .

Contract 98

Contract Maine Construction Agreement 98

Levelset

JUNE 16, 2022

A large amount of that funding is going to go directly to individual states, and with the state adopting new laws in 2021 that reconfigure the bidding process — along with adding the “design-build” option to the public construction process — there are plenty of opportunities for contractors across New Jersey. Preliminary notice requirements.

New Jersey 52

New Jersey Lien Claims Contract 52

Construction Business Owner

MAY 31, 2011

At Foundation Software, we try to avoid inmate takeovers by first assigning a lead analyst to oversee design for each project. We then provide a design methodology to follow. Design considerations are not relevant at this stage. The planning phase begins when our analyst designs the application from the user’s perspective.

Construction 149

Construction Software Software Accounting 149

Levelset

OCTOBER 14, 2022

The coverage might also assist with programs designed to help workers recover and return to the job. . Licensing & contract requirements. Plumbing insurance may also help you secure work with general contractors who will likely require coverage per terms of a contract. How much does plumbing insurance cost?

Insurance 52

Insurance Liability Injury Compensation 52

Construction Cost Estimating

MAY 17, 2018

It allows them to get a clear view of the significances of design decisions at initial phase as well as provide suggestions the employer/client accordingly.

Estimating 40

Estimating Cash Flow Liability Life Cycle 40

Construction Marketing Ideas

AUGUST 30, 2012

This is a painful expense, but, as he explained, it fit within the framework of the original agreement which he negotiated within his discretion (and from what I could have seen at the time, would have been a contract I would have approved.). The problems occurred from design work time and effort cost overruns.

Cash Flow 54

Cash Flow Negotiation Construction Compensation 54

Construction Business Owner

SEPTEMBER 27, 2011

Section 179 was designed to provide an attractive tax savings on these purchases. Most of these contractors are considering an investment in equipment or software, and they want to know if it can actually help their construction business. The answer, in many circumstances, is yes. And who doesn’t like to save a buck or two, right?

Construction 180

Construction Software Software Accounting 180

Construction Business Owner

MAY 17, 2011

One of my very favorite books is Alan Cooper’s The Inmates Are Running The Asylum , which takes an in-depth look into software application design. The Inmates Are Running The Asylum—or in other words, “The Programmers Are Designing the Software.” When designing FOUNDATION® for Windows® 3.0 Chalk One Up for the Salespeople.

Construction 149

Construction Software Software Accounting 149

Construction Business Owner

APRIL 26, 2012

Know the Contract and Budget. Before work begins, understand fully what you’ve contracted to do by carefully reviewing the contract at hand. Also make sure your project managers understand the contract language fully. If costs are going up faster than contract value, determine why. Was your initial estimate off?

Change Orders 120

Change Orders Construction Profitability Software 120

Construction Law

MARCH 2, 2020

The legislation imposed adjudication regime has at least succeeded in freeing up some industry cash flow. Adversarial contracts imposed too much risk on smaller firms in the supply chain. Some legislative interventions have had positive impacts.

Procurement 40

Procurement Regulation Safety Cash Flow 40

Construction Business Owner

FEBRUARY 16, 2012

Wikipedia says, “IPD is a collaborative alliance of people, systems, business structures and practices into a process that harnesses the talents and insights of all participants to optimize project results, increase value to the owner, reduce waste, and maximize efficiency through all phases of design, fabrication, and construction.”

Construction 136

Construction Software Software Accounting 136

Construction Business Owner

MAY 17, 2012

One of the areas we looked at was their pallet/skid area, where they were struggling to design an ergonomic work station. When working in a manufacturing plant, you can design or build workstations that can fit the workers physical needs. August 2012. April 2012. March 2012. February 2012. January 2012. February 2009. January 2009.

Construction 120

Construction Software Software Injury 120

Construction Business Owner

AUGUST 30, 2011

For starters, it is designed for construction, so you’re getting software that handles the accounting and reporting challenges of your industry. You know, lots of contractors using an off-the-shelf accounting program ask me the same question: Why is construction-specific accounting software so much more expensive? August 2012. April 2012.

Construction 168

Construction Software Software Accounting 168

Levelset

JUNE 6, 2022

Construction projects rely on contractors completing the work they started and meeting the design intent. The rate of retention is stipulated in the construction contract and can often be negotiated. Mehdian recommends companies use software specifically designed to track retention. Managing slow payment cycles.

Accounting 98

Accounting ABC Banking Liability 98

Construction Business Owner

MARCH 15, 2012

There’s a commercial for a local kitchen design company that I often hear on the radio that starts, “The form has to follow the function…” According to Wikipedia, this phrase comes from a modern architecture and design principle that says to base the shape of a building or object on its intended purpose of function. August 2012.

Construction 120

Construction Software Software Accounting 120

Rory Woolsey

APRIL 15, 2012

Construction management in a nutshell is the planning, organizing, implementing and controlling of a projects time, costs, resources and cash flow. Examples of project organizing tools are budgets, schedules, cash flow diagrams, manning charts and resource schedules. Sunday, April 15, 2012. It Dont Come Easy!

Estimating 40

Estimating Cash Flow Organization Construction 40

Construction Business Owner

FEBRUARY 6, 2012

Tablet Computing and Enterprise Software » World of Concrete 2012: Products Get Smarter, Interfaces Mimic Streamlined Design of Smart Phones and Tablets. This new design will be intuitive to anyone who has ever used a smart phone or a tablet. Hllti is another company that places a premium on intuitive design. August 2012.

Construction 120

Construction Software Software Accounting 120

Construction Business Owner

JANUARY 26, 2012

Most of the construction operations software available today is designed for individual use and focused one specific function. Venture is designed for the entire project team and provides tools that help folks work together throughout the entire lifecycle of a project. August 2012. April 2012. March 2012. February 2012. January 2012.

Construction 120

Construction Software Software Documentation 120

Construction Business Owner

FEBRUARY 9, 2012

His heart seems to be in the right place, however, he has failed to take the next step of having a designated safety person in the company to make sure that they are up to speed on the OSHA standards. They have had luck in their favor that nothing bad has happened in a long time. August 2012. April 2012. March 2012. February 2012.

Construction 120

Construction Software Software Safety 120

Construction Business Owner

OCTOBER 10, 2011

Yes, my company creates robust construction management software , and yes, we encourage people to use software designed specifically for the work they do instead of designing their own elaborate spreadsheet solutions. Spreadsheet functionality is usually designed, built, and modified by an individual. I use spreadsheets.

Construction 120

Construction Software Software Accounting 120

Construction Business Owner

APRIL 4, 2011

More often than not, an architect will speak to the program, aesthetics, function, form and capabilities of their design. An engineer will speak to the soundess of structure and the lasting value inherent in a given building that they have helped design. August 2012. April 2012. March 2012. February 2012. January 2012. February 2009.

Construction 120

Construction Software Software Accounting 120

Construction Business Owner

NOVEMBER 17, 2011

Designate certain times of day to check e-mail – Reading and responding to e-mails as they come in can often distract from any other work getting accomplished. The problem with that is that sometimes critical information gets missed — especially when it comes to construction projects — and it can impact schedules and bottom lines. April 2012.

Construction 120

Construction Software Software Accounting 120

Constructlaw

NOVEMBER 24, 2020

“Dispute board” is a generic term that describes a panel of three independent and impartial individuals such as lawyers, engineers, and other experts who are selected by the contracting parties to resolve project-level disputes before the commencement of more formal dispute resolution processes such as arbitration or litigation. [2]

Construction 40

Construction Contract Modeling Cash Flow 40

Construction Business Owner

FEBRUARY 2, 2012

World of Concrete 2012: Products Get Smarter, Interfaces Mimic Streamlined Design of Smart Phones and Tablets » The Issues around Construction Issue Building. Construction Business Owner E-Newsletter. -->. Home » Blogs. « Leadership – Up and Down Was Easy, Now the Tough Part …. One day I remember starting the demo on a wall.

Construction 120

Construction Software Software Documentation 120

Construction Business Owner

JULY 12, 2012

To paraphrase what the owner of an electrical contracting company told me not long ago, “We do our best to go through all the plans, RFIs, etc. Document systems designed for construction should generate audit trails of changes and additions to the body of information associated with a project. Document relevance. August 2012.

Construction 136

Construction Documentation Software Software 136

Autodesk Construction Cloud

JANUARY 6, 2022

Emphasizing collaborative communication between the key players in the design and preconstruction phases of a project has a positive impact on long-term results. Subcontractors are seldom treated as equal partners in the process, and punitive contract clauses reduce trust between team members.”.

Construction 52

Construction Estimating Design Budgeting 52

Construction Business Owner

JANUARY 26, 2012

With all of this in mind, we’ve designed Spectrum version 14 to be easy to use and access. In the last year or so, there’s been a lot of talk about “ The Cloud ,” and how it is going to change software. We’ve also seen increased use in mobile devices, such as smart phones and tablet computers, with easy to use interfaces and applications.

Construction 120

Construction Software Software Las Vegas 120

Construction Business Owner

MARCH 29, 2012

Drawings have been used by designers for centuries to communicate ideas to the construction trades. Modeling & Design. It allows for closer collaboration between the different design professions. Building Information Modeling (BIM) is no different. Before jumping into BIM with both feet, let’s work on some fundamentals.

Construction 120

Construction BIM Software Software 120

Construction Business Owner

DECEMBER 9, 2011

This means that the user interfaces of browser-based applications must be designed for ease-of-use, and information must be presented in an easy-to-understand format. The growing wave of business software over the Internet holds particular promise for the business of construction contracting. Better Business. August 2012. April 2012.

Construction 120

Construction Software Software Accounting 120

Construction Business Owner

AUGUST 2, 2012

But when we re-designed our construction management software to be web-based, we realized that since there was no client software to deliver or even download, there was no reason why everyone at a client’s company shouldn’t have access to the dashboard and some basic applications they could use. Give away software for free. August 2012.

Software 120

Software Software Construction Accounting 120

Autodesk Construction Cloud

OCTOBER 28, 2021

They also discuss the differences between BIM Collaborate and BIM Collaborate PRO, its permission-enriched capabilities, and how to manage design collaboration across a distributed team. Understanding design collaboration workflows across a distributed team. Key learnings from related AU session. Josh Cheney, Sr.

Autodesk 52

Autodesk Industrial Construction BIM 52

Construction Business Owner

FEBRUARY 1, 2011

« Relationship between the designer and the contractor. About Us Contact Us Advertise Press Releases Upload Artwork Via FTP -->. Free Subscriptions. Construction Business Owner Magazine. Construction Business Owner E-Newsletter. -->. Home » Blogs. Don’t Dig Your Own Grave! » My How You’ve Grown! 26 years old.

Construction 136

Construction Software Software Foundation 136

Construction Business Owner

JANUARY 19, 2011

Relationship between the designer and the contractor » The Difference Between Selling Used Cars and Selling Software. Free Subscriptions. Construction Business Owner Magazine. Construction Business Owner E-Newsletter. -->. Home » Blogs. « World of Concrete 2011. I’ve got a joke for you. August 2012. April 2012. March 2012.

Construction 136

Construction Software Software Accounting 136