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Types of Capital for Construction Businesses

Levelset

Working capital measures the difference between a construction company’s current assets and current liabilities. Businesses whose assets (like cash, accounts receivable, inventory, or materials) exceed the value of their liabilities (like wages, debts, vendor payments, or overhead costs) have working capital to use to maintain or grow.

Debt 97
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Construction Law: May 2024

Construction Law

Contractor insolvency Where there is a (living) will, there is a way Isobel Moorhouse and Jane Hughes of Trowers & Hamlins LLP explain what a ‘Living Will’ is, and ask whether the concept be adapted by employers to apply to contractor insolvencies?

professionals

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A Plumbing Contractor’s Guide to Insurance Coverage

Levelset

Plumbing contractors should include business insurance as an integral part of their financial strategy. With numerous policies available, the plumbing contractor’s insurance landscape offers many ways for you to protect your physical and financial business assets. Why plumbing contractors need insurance. Liability for damage.

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Different types of quantity surveyor in surveying field

Construction Cost Estimating

A professional quantity surveyor is employed by the client and the contractor’s quantity surveyor. These comprise of a private practice QS who performs with an organisation in an office and instructs clients as well as develop a bill of quantities for various contractors on various projects.

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When Being A Licensed Contractor Is Just Not Enough!

Contractor Bookkeeping

When You Hire A 1099 Contractor They May. Having a contractor’s license is not proof enough you are a business verses an employee. If you hire a 1099 Contractor (Specialty or Trade Contractor) they just become your employee in the eyes of the tax agencies. When a being a licensed contractor is just not enough!

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Construction Business Owner Blogs

Construction Business Owner

« Public Exposure and Liability on Construction Sites. Let’s look at a few important improvements that most contractors can make. It’s obviously to your advantage if your partners have easy access to your project documents – from owners or other contractors employing you to the subs and vendors you employ.

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How to Get Paid on New Jersey Public Projects

Levelset

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.