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How to Get Paid on New Jersey Public Projects

Levelset

When payment problems come up, contractors on public projects can’t turn to the mechanics lien for the solution — both the federal and state governments prohibit private companies from gaining interest in public property. New Jersey bond claim laws & liens on contract funds. Preliminary notice requirements.

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7 Steps to Successful Project Closeout

Autodesk Construction Cloud

The right tools and documents make it easier to complete project closeout and keep customers satisfied. With the right tools, a well documented closeout process is surprisingly simple, helping to ensure that everything is complete, your customer is satisfied, and you can win repeat business. Key Takeaways.

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7 Ways To Grow Your HVAC Business in 2022

Levelset

So read on to learn about strategies for cash flow, sales, finance, marketing, operations, staff, and leadership. Manage your cash flow as well as you handle air flow. An HVAC company that’s not managing cash flow is probably doing about as well as an AC unit that isn’t cooling.

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How a Construction-to-Permanent Loan Impacts Contractors & Lenders

Levelset

When a property owner wants to finance the construction of a new building, they typically have to obtain two loans: one loan for the mortgage on the completed home, and another for the land purchase and construction expenditures. Contractors need to pay close attention to detail in their project documentation and draw requests.

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New Contractor Business Start Up

Contractor Bookkeeping

Use Credit Cards - And supplier accounts to finance your new business and be very careful about what you buy. Your business plan is a living breathing document that you will change and update as needed. You say O.K. This is getting extremely stressful. What To Do Next - You have never run a business. Garbage In = Garbage Out!

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Unique Tips To Reduce Construction Company Start Up Stress

Contractor Bookkeeping

Use Credit Cards - And supplier accounts to finance your new business and be very careful about what you buy. Your business plan is a living breathing document that you will change and update as needed. You say O.K. This is getting extremely stressful. What To Do Next - You have never run a business. Garbage In = Garbage Out!

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How to Start an Electrical Business: 9 Tips for Growth

Levelset

As you get deeper into the process, you’ll get to tackle challenges with cash flow, marketing, hiring, and more. It’s important to keep your business’ finances separate from your personal accounts. Keep the cash flowing like current on a hot line. You need to be a master of your cash flow.