Construction Business Owner

MARCH 29, 2012

Drawings have been used by designers for centuries to communicate ideas to the construction trades. Until recently, those drawings were produced by hand, but in the last 25 years or so, computers have become the primary tool people use to produce construction documents. document management. document management.

Construction 120

Construction BIM Software Software 120

Construction Business Owner

FEBRUARY 16, 2012

Sometimes, as you know, project documents can devote an entire plan sheet or spec section to a list of abbreviations and acronyms. A lot of this communication revolves around the project documentation. document management. document management. ALICE is one of my favorites of the 205 Official Army Acronyms. Add new tag.

Construction 136

Construction Software Software Accounting 136

Contractor Bookkeeping

JUNE 18, 2013

In ancient Greece, Socrates argued that education was about drawing out what was already within the student. "I Cash flow issues kill contractors even though they have profit. Poor document management results in overpaying taxes. Poor document management results in overpaying taxes.

Cash Flow 48

Cash Flow Construction Change Orders Contractors 48

Autodesk Construction Cloud

DECEMBER 18, 2021

As the days pass and your project draws to a close, you’re ready to chalk this one up as a success and prepare for your next challenge. The final days of a project have a huge impact on your overall profitability and success—as the saying goes, projects are remembered not by how they start but how they finish. Not so fast.

Change Orders 52

Change Orders Documentation Equipment Risk 52

DebunkTheBIM

AUGUST 3, 2015

Never mind, that BIM is supposed to save money and make things more efficient – faced by consultants, contractors and others, themselves keen to keep their cash-flows in the black and armed with ‘take it or leave it attitudes’ – BIM tends to be the first ‘project luxury’ to get dropped. Unlikely to happen.

BIM 48

BIM Cash Flow Industrial Environment 48

Contractor Bookkeeping

JULY 18, 2012

They could do a fine job, the only question is how long would it take and would you be able to sell the house and make a profit? Spec Home Builders - Need people trained in construction bookkeeping who understand how to put together a bank draw correctly, not someone with experience in regular bookkeeping. Cloud based document storage.

Banking 54

Banking Remodeling Profitability Drawings 54

Construction Business Owner

DECEMBER 1, 2011

To begin a discussion of cloud computing, let’s draw some analogies from the world of public utilities. To draw an analogy, imagine a situation in which individuals connected their own personal power generators to create a shared power grid. document management. document management. Power Stations & The Grid.

Construction 120

Construction Software Software Accounting 120

Construction Cost Estimating

MAY 23, 2012

The users can easily take control of profits as the software contains real time variance & cost ‐ to ‐ complete reporting, cash flow forecasting and profit analysis. Get the Web to Work: distribute information, documents & drawings amid your customers & trades.

Estimating 55

Estimating Software Software Sage 55

Contractor Bookkeeping

JANUARY 27, 2014

They could do a fine job, the only question is how long would it take and would you be able to sell the house and make a profit? Spec Home Builders - Need people trained in construction accounting who understand how to put together a bank draw correctly, not someone with experience in regular bookkeeping. Cloud based document storage.

Contractors 48

Contractors Accounting Banking Profitability 48

Pro Builder

JUNE 6, 2022

While all of that is good news for home builders, simply ramping up volume and sales isn’t synonymous with increasing net profits. They pay vendor invoices without any variance documentation. Many of them are living off their cash flow and getting upside down on their construction draws, which can be the kiss of death.

Management 52

Management Cash Flow Profitability Schedule 52

Job Order Contracting

DECEMBER 13, 2020

Real property owners, architects, engineers, and builders all would profit greatly from just applying “Change Management 101” effectively as a priority. Visibility includes full transparency of tasks and costs, status, clear communication, and full document management. It encourages proactive work and problem-solving.

Project Management 161

Project Management Capterra Organization Management 161

Contractor Bookkeeping

SEPTEMBER 27, 2013

You are a spec home builder in need of a construction draw and your bank or lender wants to see your latest financial reports and this time they want all of the current houses you are working on to be reflected in QuickBooks correctly as Work-In-Process (W.I.P.) Cloud based document storage. Does this sound familiar?

Banking 48

Banking Change Orders Accounting Cash Flow 48

Autodesk Construction Cloud

JANUARY 6, 2022

The benefits of collaboration may include fewer changes and rework, a higher likelihood of an on-time delivery, higher profits, fewer wasted materials, and other important positives. Each member of the construction team is forced to compete with the others to earn a reasonable profit; delays, conflicts, and disputes are common.”.

Construction 52

Construction Estimating Design Budgeting 52

Levelset

OCTOBER 19, 2022

The lender’s responsibility is to ensure: The construction loan is always in good standing The money that hasn’t been spent is still enough to finish the upgrades Draw disbursements are only released for work that has been completed. Learn more: The construction loan draw process explained. Lack of contingency funds.

Contractors 98

Contractors Lien Construction Finance 98

Autodesk Construction Cloud

SEPTEMBER 1, 2022

Knowing which contract to use when is critical to ensuring a successful outcome in delivery, customer satisfaction, and profit. Knowing which general construction contract to use and when to use one is vital to a successful project, your customers’ satisfaction, and your profits. Plus, you know you’ll incur a profit.

Contract 98

Contract Maine Construction Agreement 98

Autodesk Construction Cloud

MARCH 7, 2022

Doing so requires significant investment in monitoring timelines, building in efficiencies, and managing budgets to ensure the best results and greatest profitability. . The bidding process is one of the most time-consuming and critical to ensure cash flow and steady work. The current market size is estimated to be $107 billion.

Contractors 98

Contractors Innovation Bidding Resource 98

Construction Business Owner

MAY 10, 2012

Common repetitive tasks such as time entry, drawing logs, punch lists, safety records – I could go on – lend themselves to the ease-of-use and intuitive interfaces provided by the app. document management. document management. Can these two worlds – the domain of the app and of the application – coexist? Add new tag. foundation.

Construction 120

Construction Software Software Accounting 120

Contractor Bookkeeping

JULY 18, 2012

They could do a fine job, the only question is how long would it take and would you be able to charge the homeowner enough to make a substaintial profit? Custom Home Builders - Need people trained in construction bookkeeping who understand how to put together a bank draw correctly, not someone with experience in regular bookkeeping.

Cash Flow 48

Cash Flow Remodeling Profitability Banking 48

Viewpoint Construction Technology

APRIL 16, 2019

Using software that allows for real-time collaboration, questions get answered quickly, fewer mistakes are made and work is completed quicker, ensuring that projects are more profitable. The financial team can bill quicker, get paid faster and keep cash flow on projects fluid, all while saving time.

Software 130

Software Software Organization Construction 130

Buisness Facilities Contributed Content

MARCH 21, 2014

NON-PROFIT INCENTIVES: Provides an incentive payment (payroll rebate) equal to 4 percent of the payroll of the new, full-time, permanent employees for a period of up to five years. In addition, the non-profit organization must receive 75 percent of its income from out-of-state sources. Grants are also available to qualified, early?stage

Income 75

Income Finance Zoning Equipment 75